Aviation sector welcomes emphasis on airport infrastructure

KPMG has stressed that the government needs to turn its words into action. "It is encouraging to see the FM talk about increasing airport capacity to handle one billion trips per annum from around 180 million currently. "It's fantastic to see that the government is shifting from short term planning to a long ...
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Budget 2018: Experts decode key tax announcements

In an interview with CNBC-TV18's Latha Venkatesh and Surabhi Upadhyay, Feroze Azeez, Deputy CEO of Anand Rathi Financial Services, Ketan Dalal, Founder of Katalyst Advisors LLP, Samir Kanabar, Partner at EY, and Parizad Sirwalla, Partner & Head – GMS at KPMG India where they decoded key ...
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Capita not comparable to Carillion, says minister

"Both Capita and Carillion rely on the public purse for half of their contracts. Both Capita and Carillion were audited by KPMG. Both Capita and Carillion grew through acquisition and not through organic growth. "It seems there are more similarities than differences between these two companies," she ...
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Nigeria drops five places on KPMG's 'growth promise ranking'

Nigeria dropped five places to be ranked 158 in a new report released by KPMG, audit and financial advisory firm. The report, which is titled Growth Promise 2018, ranked countries based on macroeconomic stability, institutional strength, openness and human capital. Nigeria ranked 158 of the 181 ...
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SIG shares drop after discovery of 'intentional' accounting misstatements

Shares in building materials group SIG fell 6 per cent on Thursday morning, after the company revealed it had repeatedly overstated its profits in previous years due to “intentional” actions by several staff. The company said a review with auditors at Deloitte and KPMG had found a number of balances ...
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Future of Byron's burger outlet in Intu Derby hanging by a thread

At the time, KPMG, the accounting firm handling the restructuring, said that 20 Byron sites were at risk of closure - including its outlet in Intu Derby. A CVA is a legally binding agreement with a company's creditors that allows a proportion of debt to be paid back over time. Creditors vote on whether to ...
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Budget 2018: FM Jaitley unveils a long-term flightplan for aviation

He added, "KPMG has always believed that India could surprise the world and become the largest aviation market by 2030. Its fantastic to see that the government is shifting from short term planning to a long term vision. The focus should now shifts to the execution of this challenging yet achievable ...
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