financial advisory firm

Palo Alto Networks shareholders have repeatedly rejected CEO Nikesh Arora's pay package, marking the highest number of failed "say-on-pay" votes in the S&P 500. Despite investor opposition citing generous compensation and performance targets, the company has seen significant stock growth. The board defends Arora's pay, emphasizing his performance and alignment with shareholder interests.

Prime Minister Narendra Modi met with the Economic Advisory Council to discuss strengthening India's economic growth amidst global uncertainty. The Reserve Bank of India kept the repo rate unchanged at 5.25%, citing geopolitical tensions and inflation concerns, while revising GDP growth and inflation projections downwards and upwards respectively for FY2026-27.

A financial advisor's career was jeopardized after a dispute over a $642 deli platter led to his termination from JPMorgan. A FINRA arbitration panel ultimately ruled in his favor, ordering the bank to pay $4.25 million and expunge the firing from his record, highlighting the significant impact of reputation in the financial industry.

As synthetic drug networks evolve, US agencies are focusing on precursor chemicals, logistics systems, and international coordination to disrupt fentanyl trafficking.

SEBI’s interim order against Rajesh Exports raises a simple question: has one of India’s biggest gold companies been showing investors revenues that didn’t exist?

China's blocking of Meta's $2 billion Manus AI acquisition signals a shift, making Singapore a less effective shield for Chinese tech firms seeking Western exits. Regulators intervened despite Manus's Singapore registration, barring founders from leaving the country. This move suggests Beijing's scrutiny now extends beyond incorporation, impacting future international ventures.

Corporate India is embracing Prime Minister Modi's call for work-from-home and reduced travel. Major companies like KPMG, Deloitte, and Tata Motors are reviewing policies, with many already operating hybrid models. Businesses are prioritizing virtual meetings and restricting non-essential trips to conserve foreign exchange and ensure continuity amidst global uncertainties.

A 27,000-Strong Workforce In The State Handles Taxation, Audits, Payroll And Bookkeeping For Clients Across Four Continents, Generating Approximately Rs 9,000cr Annually At Rates Up To 70% Cheaper Than What Is Charged By The US, The Industry’s Biggest Market

Indian equities experienced significant volatility as geopolitical tensions impacted markets, leading to a weaker rupee and investor caution. While fear drives knee-jerk reactions, the core design of Systematic Investment Plans (SIPs) is built to navigate these phases, turning market swings into a potential long-term advantage for disciplined investors.

Jeff Bezos' AI lab, Project Prometheus, is reportedly in talks to lease a significant office space in London's King's Cross. This move, following substantial funding, highlights the UK's growing appeal as a hub for AI companies like OpenAI and Anthropic, which are also expanding their London footprints.

A year after a devastating terror attack claimed 26 lives in Pahalgam, the valley grapples with lingering fear and a fractured tourism economy. India responded with Operation Sindoor, a cross-border military action, and extensive diplomatic efforts. While security has been bolstered, the region's recovery remains fragile, with businesses and residents still navigating the profound impact of the violence.

US agencies have issued a stark warning about escalating cyberattacks from Iran-linked hackers targeting critical infrastructure like water and energy. These sophisticated attacks aim to disrupt operations and cause financial losses by exploiting vulnerabilities in industrial control systems. Companies are urged to immediately review security measures to prevent further compromise.

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KPMG UK is cutting nearly 600 roles in its audit division and around 120 in advisory, citing tougher market conditions and unusually low staff turnover. The proposed redundancies, potentially affecting up to 440 audit staff, aim to right-size operations. This move highlights broader cost-cutting pressures across professional services firms.

Even as it is confident of India’s ability to come out of the fresh global uncertainty, RBI has flagged five risks due to the US-Iran war that could negatively impact the economy.

Kash Patel, a close Trump confidant, is now the FBI Director in Trump's second term. His career as a federal prosecutor and national security official, coupled with his staunch Trump support, has made him a polarizing figure. Patel's net worth is estimated at $5 million, with significant earnings from consulting, media, and stock awards.

Financial services firms have stepped up their cost-cutting drive in institutional broking units as declining trading activity and regulatory caps on brokerage fees have made senior executives with fancy pay packages unaffordable.

KPMG's UK audit division is preparing to cut up to 440 jobs, primarily targeting qualified assistant managers. The firm cites a "low attrition" rate, leading to a "bloated" middle tier that needs "right-sizing" to match current market demand. This move reflects a broader trend in the consulting sector, where firms are prioritizing efficiency and AI adoption.

Sun Pharma on Tuesday said proxy advisory firm Glass Lewis & Co has recommended that shareholders of Israeli drug firm Taro should vote against the board's proposals in the month-end AGM.

In two separate judgments, the Central Mumbai District Consumer Disputes Redressal Forum directed a city-based financial advisory firm to pay nearly Rs 6 lakh to Suman Motels Ltd and Renaissance Education Pvt Ltd, two companies who had sought their advice while going through a financial crisis.