News for '-ernst'

Will it be a Clinton victory? 9 polls say yes!

Will it be a Clinton victory? 9 polls say yes!

Rediff.com8 Nov 2016

With America just a day away from electing a new president -- Donald Trump or Hillary Clinton -- nine polls show that Clinton is in charge of the race with just hours to go.

Pay-per-second tariff plans. Read the fine print

Pay-per-second tariff plans. Read the fine print

Rediff.com16 Nov 2009

While pay-per-second tariff plans seem attractive, there's a lot you need to know before switching over.

Mumbai, Bangalore next global hubs for FDI

Mumbai, Bangalore next global hubs for FDI

Rediff.com5 Jun 2009

Despite recession, India emerged as the second largest investor in the United Kingdom in 2008, after the United States, according to a new study that sees Mumbai and Bangalore as the next top centres of global investment.

Is Modi ready for Trump's exit?

Is Modi ready for Trump's exit?

Rediff.com21 Aug 2020

'If Trump is out, Modi is going to find himself in a hotspot, having to reset his relations with the new US President with whom he will have to co-exist for well-nigh his full term,' notes B S Raghavan, the distinguished civil servant.

Maytas has no land bank, claims government

Maytas has no land bank, claims government

Rediff.com18 Apr 2009

He went on to explain that it is standard practice for developers to have development agreements under which the land-owner cannot sell his land to any other entity or individual.

India per capita emission 70% below world average

India per capita emission 70% below world average

Rediff.com15 Dec 2009

Despite being the fourth largest economy, India's per capita emission levels are 70 per cent below world average and 93 per cent lower than those in the United States, says a latest report on climate change.

Anil Agarwal is E&Y Entrepreneur of the Year

Anil Agarwal is E&Y Entrepreneur of the Year

Rediff.com27 Nov 2008

The Lifetime Achievement Award was presented to PRS Oberoi, chairman and chief executive of the Oberoi group. The 10th edition of the E&Y awards in India was decided by a six-member jury headed by KV Kamath, managing director and chief executive of ICICI Bank.

Indian-American Neomi Rao to replace Kavanaugh on DC Circuit

Indian-American Neomi Rao to replace Kavanaugh on DC Circuit

Rediff.com14 Nov 2018

Born to Zerin Rao anchooling fd Jehangir Narioshang Rao, both Parsi physicians from India, Rao grew up in Michigan and did her srom Detroit High School. She is married to Alan Lefkowitz and the couple has two children.

US: Attorney Sheela Murthy wins top awards

US: Attorney Sheela Murthy wins top awards

Rediff.com7 Nov 2009

Sheela Murthy, founder, president, and managing attorney of the Murthy Law Firm, has won the Philanthropist of the Year award from the United Way of Central Maryland for her $1 million gift to United Way, a large portion of the sum being marked to go to India.

Car sales in India set to boom in 5 years

Car sales in India set to boom in 5 years

Rediff.com29 Jun 2009

According to global consultant Ernst & Young (E&Y), the total sales of passenger vehicles are expected to touch 37.5 lakh (3.75 million) units within next five years witnessing an annual growth of 12 per cent.

'India Inc lacks fraud-detection in audit plans'

'India Inc lacks fraud-detection in audit plans'

Rediff.com25 Jun 2009

Even as India Inc talks of increasing corporate governance norms after the Satyam scam, a study by global consultancy firm Ernst & Young has said that more than half of the companies surveyed do not take into account risk of frauds in their annual audit plans.

Trump's Terminological Inexactitude on Kashmir

Trump's Terminological Inexactitude on Kashmir

Rediff.com23 Jul 2019

'Whether it was a habitual expression of post truth or an open offer to India and Pakistan, even Imran Khan could not have believed it,' says Ambassador T P Sreenivasan.

Parts of White House evacuated after bomb threat

Parts of White House evacuated after bomb threat

Rediff.com10 Jun 2015

White House reporters were evacuated from the media briefing room in the middle of press conference by the presidential spokesperson Josh Earnest, after law enforcement agencies received a bomb threat call.

Bharti to wait and watch on PwC

Bharti to wait and watch on PwC

Rediff.com22 Jan 2009

PwC is the auditor of Satyam Computer Services whose founder Ramalinga raju earlier this month admitted to financial irregularities of about Rs 7,800 crore (Rs 78-billion). The newly-inducted board of the company later hired two foreign audit firms -- KPMG and Deloitte Touche Tohmatsu -- to restate the accounts books.

Satyam board's minutes detail Maytas decision

Satyam board's minutes detail Maytas decision

Rediff.com17 Jan 2009

During the course of the meeting last month, Satyam's then chief financial officer Vadlamani Srinivas informed the board that the valuation of Maytas Properties was done by Ernst & Young, but the global accounting firm disputed the claim. According to the minutes, members noted the imperative of infrastructure foray, particularly based on leveraging on the brand of Satyam to become an eminent player in infrastructure as well.

Check out this wellness guide

Check out this wellness guide

Rediff.com23 Oct 2018

Exercise at least 45 minutes every day -- brisk walking, running, cycling or any other form of physical activity is beneficial, says Dr Naresh Trehan.

Ready to mediate if India and Pakistan agree: Trump

Ready to mediate if India and Pakistan agree: Trump

Rediff.com23 Sep 2019

The US president made the remarks during his meeting with Pakistani Prime Minister Imran Khan on the sidelines of the United Nations General Assembly session in New York.

David Villa to miss final

David Villa to miss final

Rediff.com27 Jun 2008

- Spain forward David Villa will miss the Euro 2008 final against Germany through injury, coach Luis Aragones told reporters after they beat Russia on Thursday.

India Inc gets serious about data safety

India Inc gets serious about data safety

Rediff.com22 Jan 2008

A survey has revealed that Indian cos are stressing more on information security in order to conform to global standards.

Firms may sell non-core assets to tide over slump

Firms may sell non-core assets to tide over slump

Rediff.com19 Mar 2009

In the survey, 56 per cent of the companies said they would divest non-core assets so that they could focus more on their core businesses. Around 23 per cent of the respondents said they wanted to sell the non-core businesses as they needed the money to pay debts, or bolster their balance sheet. The challenge for the companies, however, remains to make their non-core assets attractive for sale.

The people who made headlines

The people who made headlines

Rediff.com24 Dec 2018

As 2018 draws to a close and the white noise of 24-hour news cycles and Twitter storms fade into the background, it is already clear that history will remember only a handful of those people, each of whom has taught us something about ourselves and the rapidly changing world in which we live.

'Media growth lies in the distribution-end'

'Media growth lies in the distribution-end'

Rediff.com24 Oct 2008

An interview with BMR partners and media specialists Nitin Atroley and Vivek Gupta

Bobby Bedi takes piracy issue to Congress

Bobby Bedi takes piracy issue to Congress

Rediff.com16 May 2008

Bobby Bedi who is currently producing a three-film series on the epic Mahabharat, at an estimated $70 billion budget, has complained to the United States Congress that enforcement authorities have been lax in dealing with peddlers of counterfeit Indian movies.

Domestic BPO biz to earn $6 bn by 2012

Domestic BPO biz to earn $6 bn by 2012

Rediff.com16 Jun 2009

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.

Airlines struggle to cut costs

Airlines struggle to cut costs

Rediff.com25 Sep 2008

Airlines have been conducting fuel efficiency analysis, which involves fuel calculations on a daily basis, based on the availability of optimum routes in terms of wind, flight levels and overflying charges, route rationalisation to prune the number of flights and increase utilisation. They also want the Centre to grant ATF a declared goods status, which would result in a uniform levy of 4 per cent sales tax at the state level.

BRICs to account for 40% of world growth by '20

BRICs to account for 40% of world growth by '20

Rediff.com23 Dec 2008

In the latest research note titled 'For Richer, For Poorer Global Patterns of Wealth', Ernst & Young said emerging economies have seen their share of global output and wealth rise significantly over the last few years, driven by faster growth, rising income, high savings ratios, strong investment and export. In the next decade, the BRIC countries are likely to contribute 40 per cent of global growth, while the US would account for around 14 per cent.

Can Xi help resolve Trump-Kim dispute?

Can Xi help resolve Trump-Kim dispute?

Rediff.com25 Jun 2019

Ahead of the G-20 summit in Osaka this week, Xi has reasserted China's role as a global player, points out Dr Rajaram Panda.

Auditing firms face EU heat

Auditing firms face EU heat

Rediff.com7 Jul 2008

Auditing firms in the country could soon run out of business if they do not get themselves verified according to the guidelines mentioned in the Eighth Directive issued by the European Union (EU). EU will recognise balance-sheets of companies audited by firms that fit their specified standards.

Right time to acquire oil assets abroad: E&Y

Right time to acquire oil assets abroad: E&Y

Rediff.com18 Nov 2008

"With the ongoing economic downturn and the resultant crash in oil prices, the valuation of oil and gas companies has decreased and this offers Indian companies the opportunity to buy global assets at more reasonable prices than earlier," said Dilip Khanna, partner, Ernst & Young's Oil and Gas Practice. Crude oil prices, after hitting $147 a barrel in July, have dropped to around $55 because major oil-consuming nations have slipped into economic recession.

E&Y overvalued Maytas Properties: Govt

E&Y overvalued Maytas Properties: Govt

Rediff.com25 Feb 2009

The arguments were made by the government before the CLB, which is considering a petition by the government for removal of the board of Maytas Properties. The CLB is likely to pass the order later. The government also alleged that the valuation of Maytas Properties by the consultancy firm was done in a day.

Maytas Properties has no land bank: Govt counsel

Maytas Properties has no land bank: Govt counsel

Rediff.com25 Feb 2009

Maytas Properties, which has a turnover of a mere Rs 22 crore (Rs 220 million) and does not own any land, was valued at Rs 6,523 crore (Rs 65.23 billion) by audit firm Ernst &Young and the valuation was done in a day, the counsel said.

SBI`s OP Bhatt is BS Banker of the Year

SBI`s OP Bhatt is BS Banker of the Year

Rediff.com28 Dec 2007

Describing its choice as a "vote for the future", a distinguished four-member jury selected State Bank of India (SBI) Chairman Om Prakash Bhatt as Business Standard's Banker of the Year for 2006-07.

'Yes we can, yes we did!' Teary Obama bids farewell

'Yes we can, yes we did!' Teary Obama bids farewell

Rediff.com11 Jan 2017

United States President Barack Obama said goodbye to his nation in an emotional address enriched with wisdom and optimism.

Flash! White House lifts ban on cameras, selfies encouraged

Flash! White House lifts ban on cameras, selfies encouraged

Rediff.com2 Jul 2015

The White House on Wednesday lifted its longstanding ban on cameras and taking photos on its public tours.

Satyam chief is '07 E&Y Entrepreneur

Satyam chief is '07 E&Y Entrepreneur

Rediff.com21 Nov 2007

The jury members included Ashish Dhawan, senior managing director, ChrysCapital, Keki Dadiseth, managing director, Omnicom, Kiran Mazumdar Shaw, chairman and managing director, Biocon, Kumar Mangalam Birla, chairman and managing director, Aditya Birla Group and S Ramadorai, chief executive, TCS.

Piracy: Indian firms lose $4 bn every year

Piracy: Indian firms lose $4 bn every year

Rediff.com17 Apr 2008

India's burgeoning entertainment industry loses as much as $ 4 billion and 800,000 direct jobs each year due to counterfeiting and piracy, a latest study says. The study -- The effects of counterfeiting & piracy on India's entertainment industry -- was prepared by Ernst & Young India. It was commissioned as part of the USIBC-FICCI Bollywood-Hollywood Initiative, which promotes the sustainable growth & convergence underway between the entertainment industries of the US & India

Reliance ropes in E&Y for Sasan upgrade

Reliance ropes in E&Y for Sasan upgrade

Rediff.com17 Apr 2008

Anil Ambani-promoted Reliance Power (R-Power) has roped in international consultancy firm Ernst & Young (E&Y) to upgrade its Sasan ultra-mega power project (UMPP) in Madhya Pradesh to conform to the norms for receiving carbon credits.

Infosys retains law firm to probe whistleblower complaints

Infosys retains law firm to probe whistleblower complaints

Rediff.com22 Oct 2019

Nandan Nilekani said one board member had received two anonymous complaints on September 30, 2019 - one dated September 20, 2019, titled 'Disturbing unethical practices' and an undated note with the title, 'Whistleblower Complaint'.

Very bad situation between India, Pak; talking to both: Trump

Very bad situation between India, Pak; talking to both: Trump

Rediff.com23 Feb 2019

"We want to see it just stop. We are very much involved in that (process)," Trump told reporters at the Oval Office.

China Connection? Hunt on to find COVID-19's origins

China Connection? Hunt on to find COVID-19's origins

Rediff.com22 Apr 2020

Clearly,Trump will have a serious problem if it transpires that COVID-19's grandma, grandpa and great grandpa are actually domiciled in the US, notes Ambassador M K Bhadrakumar.