Consultancy / Audit
PwC India opens office in Nagpur, expands presence in 21 locations
PwC India has broadened its reach by inaugurating a new office in Nagpur, marking its 21st location nationwide. This expansion aligns with PwC's Vision 2030, aiming to triple revenue and cultivate a 50,000-strong workforce in five years.
SARC launches operations in US under global expansion plans
SARC, an Indian professional services firm, is expanding into the US market. It has launched operations in California, targeting mid-market enterprises and startups. The company plans to penetrate other global hubs like Japan and Germany in the next five to seven years. SARC aims for international operations to contribute significantly to its revenue.
Financial and risk advisory firm Kroll (formerly Duff & Phelps) hires Kshama Dhir to head Global Business Solutions (GBS)
Kroll, a global firm, appointed Kshama Dhir to lead Global Business Solutions. Dhir will oversee growth and operational improvements across global centers. These centers support Kroll's experts, enhancing client service. GBS has grown since 2018, with plans for further expansion. Dhir's experience includes a role at EY, focusing on offshore strategy.
DSK Legal enters UAE with Dubai, ADGM offices to strengthen India–MENA corridor play
DSK Legal is expanding its presence in the India-UAE business corridor by opening offices in Dubai and Abu Dhabi Global Market (ADGM). This strategic move aims to serve Indian companies operating in the Gulf and global clients seeking opportunities in India.
New Income Tax Bill provides simple framework to enhance ease of doing biz: ICAI
The ICAI hailed the new Income Tax Bill, passed by Parliament, as a framework that simplifies taxation and boosts ease of doing business. Effective from April 1, 2026, the bill incorporates around 90 suggestions from ICAI, including AMT applicability and refund claim rules. ICAI believes this will make India a more attractive investment destination.
PwC India plans to triple its revenue and create 20,000 jobs in next five years
PwC India unveils Vision 2030, targeting a threefold revenue increase in five years. The firm will invest heavily in technology and talent. Focus will be on digital transformation and sustainability. PwC plans to add 20,000 jobs, expanding into Tier 2 and 3 cities. The strategy prioritizes key sectors like financial services and technology.
KPMG in India reappoints Yezdi Nagporewalla as CEO for 2nd term
Yezdi Nagporewalla will continue as the Chief Executive Officer of KPMG in India. His second term will begin in February 2027. The India Board has approved his re-appointment for three years. Ajay Mehra highlights Nagporewalla's strength in client and people relationships. Nagporewalla aims to enhance client focus, innovation, expertise, and culture. The firm emphasizes continuity and market focus for growth.
Rustam Mulla joins Veritas Legal as Senior Partner, to bolster real estate and disputes practice
Rustam Mulla, a veteran lawyer and former managing partner at DDCM, has joined Veritas Legal as a senior partner. This move will bolster Veritas Legal's real estate, dispute resolution, and corporate practices. Mulla's extensive experience and board positions will be valuable assets to the firm, complementing recent additions like Vaibhav Singh.
Consulting giants bring in ex-captains to steer ships
Consulting firms in India are expanding their advisory networks by onboarding former CEOs, bureaucrats, and regulators. This strategic move aims to enhance their expertise in navigating complex business landscapes and evolving regulations. These senior advisors provide invaluable experience, strategic leadership, and mentorship, contributing to the firms' growth and ability to deliver comprehensive solutions to clients.
Action to be taken against CAs if they violate new tax audit limit rules: ICAI president
ICAI will penalize CAs violating new tax audit limits from April 2026, aiming to prevent audit assignment concentration. It partnered with IVCA and NSE-IFSC to strengthen alternative capital markets through knowledge sharing and standardization. Additionally, ICAI launched an international ADR center for commercial disputes and initiated certification programs in the US and UK for capacity building.
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Charting a human-centric AI Journey for finance
The ICAI AI Innovation Summit 2025 in Pune highlighted AI's transformative role in finance, emphasizing practical applications over hype. Discussions centered on accessible technology for diverse users, including multilingual support on basic devices. Chartered Accountants are evolving into key players, bridging regulatory compliance with innovation.
ICAI notifies rules to limit annual tax audits to 60 per partner
To discourage audit assignment concentration among senior partners and curb anti-competitive practices, the Institute of Chartered Accountants of India (ICAI) has set new guidelines. Effective April 2026, these guidelines limit each accounting firm partner to a maximum of 60 tax audits annually. The audit of a head office and its branches will be considered a single assignment.
FTA with UK to benefit thousands of chartered accountants, firms: ICAI president
The India-UK Free Trade Agreement is set to boost opportunities for Indian chartered accountants, according to ICAI. The agreement, facilitated by ICAI's input, ensures liberal market access and protects the 'Chartered Accountant' title. It is expected to significantly increase high-value professional services work flowing into India, benefiting numerous firms and professionals.
Krystal Integrated Services bags three orders worth Rs 84 crore
Krystal Integrated Services Limited has secured new contracts. The company will receive approximately Rs 84 crore from these deals. Airport Authority of India is a major client. Krystal will provide services to Jay Prakash Narayan International Airport in Patna. Other contracts are with Maharashtra Tourism and Maha Mumbai Metro. These wins will strengthen Krystal's position in manpower services.
Road ministry to rate DPR consultants on their performance
The rating will form the basis of awarding contracts in future and will help in enhancing the quality of DPRs. A DPR is a comprehensive blue-print for a road construction project, outlining all technical, financial and logistics details necessary for its execution.
Road Transport Ministry developing rating system for consultancy firms
The Road Transport Ministry is working on a rating system. This system is for consultancy firms. These firms prepare detailed project reports. The reports are for road construction. The ministry seeks public input on changes. These changes are for hiring consultants. Nitin Gadkari has voiced concerns. He is not happy with the quality of these reports.
