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The Economic Times

Top News / The Economic Times

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Big Six tighten grip on India's audit market despite mandatory rotation

Despite mandatory auditor rotation, India's largest audit firms are consolidating their dominance, auditing 66% of Nifty 500 companies. Grant Thornton and BDO are gaining ground, fueled by Big Four conflicts. While companies rotate auditors, they largely select from a small pool of established firms. Rising auditor resignations and increasing audit fees are also noted trends.

25 Jun 2026 1:07 am