Overall in the NSE main board, the firms handled audits for 32.48% of listed companies, which was a slight uptick from 32.14% in the previous financial year
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According to the report, of all the companies with equity shares listed on the NSE main board, the Big 6 Indian audit firms secured 637 assignments out of 1,961. This accounted for approximately 32.48% of the total, up slightly from 32.14% the previous fiscal year. Auditor details were missing for 47 organisations. A key standout has been the strong performance of Grant Thornton and MSKA affiliates who have established themselves as strong alternatives to the Big Four firms in audit business.
Major business conglomerates in Korea are rushing to embrace a shorter workweek, according to market watchers, Wednesday. The move is in line with developments in the U.S. and Europe which are seeking to introduce a four-day workweek, amid a spreading view that spending longer hours at offices does not always translate into higher productivity.