BDO in India

We are pleased to have been a part of the FE Green Sarathi Summit & Awards 2024, organised by Financial Express (India) in #Delhi on 20 December, 2024. The summit brought together leading experts, corporate leaders, and professionals from the sustainability and climate change sectors to address the most pressing environmental challenges and explore potential solutions. Our #Sustainability & #ESG Partner expert Indra Guha shared valuable insights during a panel discussion on strategies for making sustainability a long-term goal. As sustainability remains a key focus for businesses worldwide, this summit provided an important platform, against the backdrop of the recently concluded #COP29 talks, to explore practical approaches to corporate responsibility, green technologies, and impactful change. We are delighted to have contributed to these critical discussions and look forward to furthering the cause for a more sustainable planet. Here’s a glimpse of the event. Lav Goyal #BDOIndia #CSR #GreenTechnology #FEGreenSarathi

We are pleased to announce that BDO’s global financial results for the year ending September 30, 2024 are out.   BDO has reported combined global revenues of USD 15 billion, an increase of 7% year-on-year, driven by strong performance across service lines and consistent success across key areas. India achieved exceptional growth of 26%, the highest in the Asia Pacific region, enabled by our unwavering commitment to quality and strengthening our team to 10,000 people.    Commenting on the comprehensive growth, Patrick Kramer, Global CEO, said, “Amid a complex global economic and political landscape, our organisation remained committed to investing in our people and in technology, to continually adapt and respond to our clients’ evolving needs. Our multi-disciplinary approach, ongoing commitment to quality, integrity and collaboration, and shared global vision, continues to drive impressive growth in international business while delivering sustainable value for our clients.”     Read more: https://bit.ly/4iPhjAD Milind S Kothari | Yogesh Sharma | Trond-Morten Lindberg | BDO   #BDO #FinancialResults #GlobalGrowth

We are excited to announce our collaboration with Smartsheet, a leading cloud-based enterprise work management platform. Through this partnership, #BDOIndia will leverage Smartsheet's innovative solutions in Modern Project Management to help businesses streamline operations, boost productivity, and achieve operational excellence. BDO India and Smartsheet are dedicated to supporting businesses in transforming their processes through data-driven insights, seamless technology integration, automation, and cost-effective solutions. This collaboration reinforces BDO India's commitment to driving digital transformation, enhancing organizational agility, and empowering businesses to achieve sustainable growth. Dheeraj Toshniwal | Seshail Kamanna | Soumen D. | Kush Jain #digitaltransformation #projectmanagement #datadriveninsights #scale #automate #standardisationandrepeatability #automateandscale

Presenting the December 2024 issue of the monthly Newsletter, covering recent accounting, tax, and regulatory developments: http://bit.ly/3DlFvdA #BDOIndianewsletter #monthlynewsletter #taxupdate #regulatoryupdate #BDOIndia

As IFRS 17 implementation takes centre stage, understanding its complexities and implications for insurance contracts is critical for financial reporting and compliance. We are glad to present the 22nd session of #InSync with #BDOIndia focusing on IFRS 17 and Actuarial Services. This session highlights the challenges and opportunities for businesses while navigating IFRS 17, including actuarial valuation, risk-based capital frameworks, and regulatory compliance strategies. Our expert, Asha Murali, FIAI, FIA, Partner at BDO India, and guest expert Padmashree Crasto, Partner at MSKC & Associates, discuss actionable insights and best practices that can help businesses align with these evolving standards. Watch the session here: https://lnkd.in/diTM9QDM #RegulatoryUpdates #InsuranceContracts #FinancialReporting

We were glad to be #KnowledgePartners for the event on the transformative future of planning, automation, and AI organised by the Services Export Promotion Council (SEPC) India on 13th December 2024 in #NewDelhi.   Our Tax Partner experts, Nabin Ballodia, Prerna Chopra, and Parijat Parimal, led an insightful session on India's transformative journey through planning and automation. They shared valuable insights into how automation tools can enhance efficiency in service exports, streamline compliance, and foster competitiveness in a dynamic global market.    The discussions also emphasised innovative strategies to harness #AI for predictive planning and operational excellence.    Here’s a glimpse of the event! #BDOIndia #TransformativePlanning #SmartAutomation #AutomationAndAI

BDO India is proud to collaborate with the World Health Organization (#WHO) Mauritius in addressing the critical intersections of climate change and global health.  In a recent workshop, key stakeholders from the Mauritius Ministry of Health, Ministry of Environment, Department of Climate Change, and other health-influencing sectors came together to address one of the most pressing challenges of our time—#climatechange and its impact on health. The workshop, facilitated by BDO India, focused on critical areas such as assessing climate-related vulnerabilities, adapting #healthsystems, and crafting evidence-based strategies to mitigate the compounding threats of climate change on #publichealth. It provided participants with actionable insights into vulnerability and adaptation (V&A) methodologies, and innovative approaches like design thinking to create practical adaptation strategies.  This initiative highlights the critical need to empower #healthcare professionals, policymakers, and stakeholders to drive actionable change and build a #sustainable, climate-resilient future. Together, we are laying the foundation for a healthier, more equitable, and sustainable future.  #ClimateChange #PublicHealth #Sustainability #Collaboration #Resilience #BDOIndia Dr.Dhrubaa Ghosh WHO Mauritius Lav Goyal Dipankar Ghosh #ClimateChange #PublicHealth #Sustainability #GlobalHealth #BDOIndia

We are delighted to be featured by MPSeDC (Department of Science and Technology, GoMP) as we continue our journey of unlocking potential in dynamic #innovation hubs like #Bhopal. At BDO India, we’re committed to driving regional #growth, empowering tech talent, and delivering smarter, data-driven solutions to businesses.   With a focus on shaping the future of #digitaltransformation, we’re creating opportunities that have an impact on technological excellence nationwide.   Ashish G. Manoj Dani #BDOIndia #DigitalServices #CRM #ArtificialIntelligence #CustomerExperience #Innovation

Karkinos Healthcare, a financially distressed Mumbai-based oncology company was successfully resolved under the Corporate Insolvency Resolution Process (CIRP). This resolution was led by BDO India’ restructuring arm - BDO Restructuring Advisory (BRAL) along with Mr Rajesh Sheth as the external Resolution Professional (RP). This was a record CIRP conclusion within 180 days, with a rare 100% settlement of creditor claims. The resolution plan envisaged constructing a 150-bed cancer care hospital in Manipur, with an additional investment of ~INR 75 Crores. Reliance Strategic Business Ventures Limited (RSBVL), the acquiring entity, will leverage its experience to ensure upgradation of cancer care infrastructure, benefitting several cancer care patients in India. Read the full story - https://lnkd.in/d9YeKPSD Milind S Kothari Yogesh Sharma Saloni Kothari Samir Sheth Sundaresh B. #BDOIndia #CIRP #IBC #InsolvencyResolution #BRAL #InsolvencyandBankruptcyBoardofIndia #Oncology #CancerCare

In the current landscape of economic uncertainty and geopolitical headwinds, simple cost-reduction measures are insufficient for portfolio companies as they focus only on directly observable costs but overlook long-term potential challenges. Identifying and executing the right cost optimisation strategy can be a game-changer and bring more comprehensive benefits for PE funds and organisations.   In this article, Kunal Gala, Partner, Deal Value Creation, BDO India, elaborates on this strategy, highlighting four important areas for PE portfolio companies and organisations to restrict costs across the business. This insightful piece highlights how total cost management can lead to profound changes, increase organisational performance, and enhance competitive advantage.   Read the article here: https://lnkd.in/dCzVATjH   Samir Sheth Akhilesh Pandey   #BDOIndia #MergersAndAcquisitions #CostReduction #CostOptimisation #OperatingModel #SupplyChain #Spending #PrivateEquity