An internship at EY is a dream come true for finance graduates, MBA, CA, and commerce students, says Sarvesh Agrawal.
A Delhi court has accepted the Enforcement Directorate's closure report in a money laundering case against Suresh Kalmadi, the former head of the organising committee of the 2010 Commonwealth Games, and then secretary general Lalit Bhanot, bringing an end to the money laundering angle in the alleged scam. The court noted that the ED's investigation failed to find evidence of money laundering, and the CBI had already closed the corruption case based on which the ED launched its probe.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
The ongoing Russia-Ukraine conflict has demonstrated the integration of multiple forces in domains of air, land, sea, cyber, information and space, and how they are "united" to achieve the goal, Vice Chief of the Air Staff, Air Marshal A P Singh, said on Friday.
As many as seven firms, including JM Financial, Ernst and Young and Deloitte, have bid for managing the strategic sale of IDBI Bank. These firms would make a virtual presentation before the Department of Investment and Public Asset Management, which is handling the sale process, on August 10, according to a notice by DIPAM. The firms that have bid for acting as transaction advisor are Deloitte Touche Tohmatsu India LLP, Ernst and Young LLP, ICICI Securities, JM Financial Ltd, KPMG, RBSA Capital Advisors LLP and SBI Capital Markets.
The average time lag between the date of occurrence of a fraud and its detection is 23 months; for large frauds (Rs 100 crore and above), it was 57 months.
Accounting firm, Ernst and Young auditing the UN World Intellectual Property Organisation has cleared it of allegations of corruption.
Instability in policy regime makes the business scenario uncertain for both national oil companies and international oil firms, Ernst and Young said in its business risk report. The oil and gas sector has been impacted globally by the economic downturn, which has created new risks for the industry threatening the near-term survival and prospects of a number of oil and gas companies, according to The 2009 Ernst & Young business risk report.
Global financial consultancy firm Ernst and Young wants the personal income tax slabs to be raised to a reasonable level as the lowest bracket "kicks in too early".
...followed by financial services, IT, and sales and marketing.
As many as 26 premises are being searched in these cities by the federal agency under the criminal sections of the Prevention of Money Laundering Act, they said.
The action comes days after the CBI registered an FIR in the country's biggest alleged bank loan fraud case till date.
'If a stranger refuses to pet my Russian dog, what treatment can I expect for myself?'
Interview with Advisor to Ernst and Young Global.
The mobile payments market has gained traction in recent years, because of factors such as higher penetration of handsets in comparison to coverage of population with banking services and benign regulatory environments.
The government should devise more stringent norms to check corporate fraud in the country, a joint study released by industry chamber Assocham and consultancy firm Ernst and Young said.
Demand of mobile handsets in the country is expected to reach 350 million units per annum by 2020, says a study by industry body FICCI with market analyst firm Ernst and Young (E&Y).
The inclination towards this field was natural for 22-year-old Sanjhi Agrawal, an alumnus of Mayo College Girls School, Ajmer.
India is ranked as the fifth most attractive destination for future real estate investments, according to a latest report of FCCI and Ernst and Young.
Entrepreneurs are visionaries since they build what has not been built before, says Ram Charan.
Indian industries spend little on research and development despite benefiting from 150 per cent income tax exemption given on such activities.
While pay-per-second tariff plans seem attractive, there's a lot you need to know before switching over.
India Inc may give salary hikes in the range of 9-12 per cent in the coming financial year to retain talent amid revival in the job market, according to consultancy Ernst and Young said.
A survey has revealed that Indian cos are stressing more on information security in order to conform to global standards.
Though it is smaller than the $11 billion BPO exports market, it is expected to reach $6 billion by 2012, according to a new Ernst and Young study. The domestic BPO market, hence, presents a huge untapped growth opportunity. Its addressable market opportunity is in the range of $16-19 billion by 2012, with significant business growth coming in from sectors like BFSI (banking, financial services and insurance), telecom, media, retail and government.
If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.
Sebi hopes to allow investors to hold subscription amounts for initial public offerings in their bank accounts until allotment. This is to cut the time between the stock sale and listing. Sebi chief said with the present technology it is possible to earmark the amount in the investor account itself and not have the money actually transferred. He said that there were a host of issues plaguing the IPO market and that it could see some action in the coming months.
India has been rated as the second most largest foreign investor in the UK by consultancy firm Ernst and Young, acknowledging India Inc's growing competitiveness and willingness to take up global challenges.
Private equity investors are in talks with the Wadias for acquiring minority stake in GoAir.
Iran-Pakistan-India gas pipeline project has been found technically possible but its economic viability will depend on the price at which Tehran sells the fuel, said Minister of State for Petroleum and Natural Gas Dinsha Patel.
The over $7 billion Iran- Pakistan-India gas pipeline project has been found to be technically feasible but its economic viability will depend on the price at which Tehran sells the fuel, the Centre said on Tuesday.
Indian bourses saw over $8 billion worth of initial public offers in 2007, but this is just a shade higher than the world's single-largest IPO that was brought by a Russian company.
Sipika Singh switched careers from being a senior consultant with Ernst and Young to a regional marketing role in the pharma major, Novartis in Singapore.
Everyday consumerables, such as grocery and order-in food items are the key buyout sector, analysts say, and a major reason for kirana stores' digitisation push.
National Textile Corporation has shortlisted three firms as advisors to revive 29 of its mills through private participation.
Global head honchos of Ernst and Young are bullish on India's success story.
As India Inc steps up the gas to expand in the global arena, it faces the risk of stumbling on frauds, the levels of which were far higher compared to global levels, according to international consulting firm Ernst and Young.
The Central Bureau of Investigation will be opening its doors to the private corporate world as it seeks to upgrade and modernise its data management system.
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