News for 'Deloitte'

Animation, gaming industry needs tax rebates

Animation, gaming industry needs tax rebates

Rediff.com24 Feb 2011

Gaming industry is estimated at $40 billion and is expected to reach $59 billion.

MG Motors' electric vehicle sold out before launch

MG Motors' electric vehicle sold out before launch

Rediff.com21 Jan 2020

This number is more than the total number (1,071) of electric cars sold in India in calendar year 2019. MG has stopped registrations for the ZS and will cater to 2,409 of the total bookings.

Sahara's Grosvenor House put on sale; may fetch Rs 5,000 cr

Sahara's Grosvenor House put on sale; may fetch Rs 5,000 cr

Rediff.com3 Mar 2015

It is one of the three marquee hotels owned by Sahara outside India.

India-Asean FTA to strengthen trade dependence

India-Asean FTA to strengthen trade dependence

Rediff.com17 May 2011

In fact, India stands to gain in sectors such as textiles, handicrafts, chemicals and pharmaceutical from its trade with the Asean economies.

AI aims for operating profit of Rs 449 cr this yr

AI aims for operating profit of Rs 449 cr this yr

Rediff.com5 May 2011

AIR India's turnaround plan, which has been reviewed by consulting firm Deloitte and accepted by the airline's board, says the company will start making operating profit from this financial year itself. Air India has been running under losses since 2007.

Divestment activity set to rise to 250 bn pounds in 2012

Divestment activity set to rise to 250 bn pounds in 2012

Rediff.com21 Feb 2012

According to a study titled 'The Spinoff Report' by Deloitte, 'the global value of corporate spinoff -- where a division of a company becomes an independently listed business -- is set to increase to 250 billion pounds in 2012, an increase of 92 per cent from 130 billion pounds in 2011."

Harley and Triumph bikes get cheaper as customs duty is slashed

Harley and Triumph bikes get cheaper as customs duty is slashed

Rediff.com13 Feb 2018

The Central Board of Excise and Customs, through a notification on February 12, has slashed the duty on both the variants of motorcycles imported as completely build units (CBU) to 50 per cent.

Salaried class gets little relief despite Rs 40,000 deduction

Salaried class gets little relief despite Rs 40,000 deduction

Rediff.com2 Feb 2018

According to Parizad Sirwalla, partner (tax), KPMG, the withdrawal of annual tax free transport allowance and medical reimbursements has squared off the benefit on account of standard deduction.

Will petro products finally come under GST?

Will petro products finally come under GST?

Rediff.com27 May 2019

The new government may also introduce a separate scheme for revival of stranded gas-based power projects

BPCL offers employees golden handshake ahead of privatisation

BPCL offers employees golden handshake ahead of privatisation

Rediff.com26 Jul 2020

"The Corporation has decided to offer a voluntary retirement scheme, with a view to enable employees who are not in a position to continue in service of the Corporation due to various personal reasons, to request for grant of voluntary retirement from the services of the Corporation," Bharat Petroleum Corp Ltd (BPCL) said in an internal notice to its employees.

World's top 10 retail giants

World's top 10 retail giants

Rediff.com30 Nov 2011

The world's largest retail company, Wal-Mart was founded by Sam Walton in 1962.

Chinese cos have more women directors than Indian firms: Study

Chinese cos have more women directors than Indian firms: Study

Rediff.com14 Jun 2015

Consultancy major Deloitte Global said that women hold about 12 per cent of board seats worldwide while only 4 per cent of them are at the helm of boards

'India Inc not doing enough to tackle fraud'

'India Inc not doing enough to tackle fraud'

Rediff.com17 Dec 2014

This was reflected in India Inc's lackadaisical attitude towards sensitising employees on fraud prevention.

The Disciple review

The Disciple review

Rediff.com12 Sep 2020

The Disciple is an ode to music and a salute to Mumbai. The city can be harsh, but it also lets the voices of struggling classical musicians exist, although often they live on the edge of society, observes Aseem Chhabra.

You can't operate in Silicon Valley if...

You can't operate in Silicon Valley if...

Rediff.com11 Jan 2011

Protiviti Inc, one of the world's largest independent business and risk consulting firms, specialises in internal audit, estimated to be a Rs 1,35,000-crore (Rs 1.35 trillion) business globally.

RIL strikes 5th deal, sells 2.32% in Jio Platforms to KKR

RIL strikes 5th deal, sells 2.32% in Jio Platforms to KKR

Rediff.com22 May 2020

Diverse marquee investors are becoming long-term shareholders of Jio Platforms because of a unique set of technologies and platforms under one entity.

Govt to offload entire BPCL stake valued at Rs 46,300 cr

Govt to offload entire BPCL stake valued at Rs 46,300 cr

Rediff.com8 Mar 2020

The sale is key to meeting the government's disinvestment target of Rs 2.1 trillion in the financial year 2020-21. So far, the disinvestment exercise has fetched the government Rs 34,845 crore during the current financial year.

How govt plans to improve GST compliance

How govt plans to improve GST compliance

Rediff.com13 Dec 2019

To improve compliance, govt may introduce lottery reward for filing GST. The Consumer Welfare Fund, where anti-profiteering proceeds are deposited, will be used to reward the lucky winners on monthly and annual bases. The prize money, yet to be fixed, may run into several lakhs of rupees for the annual draw, and about Rs 50,000 for monthly draws.

4 global audit majors circumventing laws: Panel

4 global audit majors circumventing laws: Panel

Rediff.com5 Apr 2010

The big four global accountancy firms -- PricewaterhouseCoopers, KPMG, Ernst & Young and Deloitte -- are circumventing laws to provide auditing services in the country, says a report of an Institute of Chartered Accountants of India's committee.

India Inc to offer 10.3% pay hike to employees

India Inc to offer 10.3% pay hike to employees

Rediff.com13 Apr 2014

Indian companies are likely to shell out an average salary increment of 10.3 per cent in the current fiscal with employees in pharma, health care and life sciences projected to get 12.4 per cent raise, says a survey.

India, China to remain manufacturing superpowers

India, China to remain manufacturing superpowers

Rediff.com7 Jul 2010

In contrast, the dominant manufacturing superpowers of the late 20th century are expected to become less competitive.

GST delay to cast shadow on Budget

GST delay to cast shadow on Budget

Rediff.com5 Dec 2016

Consensus seems a problem before the current session of Parliament ends.

Rupee plunge knee-jerk reaction, recovery on the way: Economists

Rupee plunge knee-jerk reaction, recovery on the way: Economists

Rediff.com21 Jun 2013

The rupee's plunging to record level and a sharp fall in the equity market are knee-jerk investor reactions to the US Federal Reserve's saying the it will slow down bond-buying programme in view of improving American economy.

US car firm keen to invest $1 billion in Punjab

US car firm keen to invest $1 billion in Punjab

Rediff.com10 Dec 2010

A United States-based automobile company may set up a car manufacturing facility in Punjab with an expected investment of $1 billion, as audit and consultation firm Deloitte has made enquiries on behalf of the firm with the state government.

Why these B-schools are excited about the hiring season

Why these B-schools are excited about the hiring season

Rediff.com18 Nov 2019

Management campuses are expecting the rise in pre-placement offers to ease the final placement process.

IIMK grad bags starting salary of Rs 32 lakh

IIMK grad bags starting salary of Rs 32 lakh

Rediff.com10 Mar 2011

The highest international package of $150,000 was offered by a commodities trading company while the highest domestic compensation of Rs 32 lakh (Rs 3.2 million) was offered by a Europe-based investment bank, according to an IIMK press statement.

Hurry! You can still claim more tax deductions

Hurry! You can still claim more tax deductions

Rediff.com23 Feb 2011

There is more to tax planning than just Section 80C and infrastructure bonds.

There's more to bank frauds than meets the eyes

There's more to bank frauds than meets the eyes

Rediff.com21 Sep 2020

A common feature in India is the lag between the occurrence of frauds and the time they are actually reported.

Are you ready for M-banking?

Are you ready for M-banking?

Rediff.com24 Jan 2011

With telecom and banking majors stepping up mobile banking services, 2011 is poised to be the year that would transform your banking habits - making payments or checking your account balance on your mobile.

GST collection slips below Rs 1 lakh cr mark in March

GST collection slips below Rs 1 lakh cr mark in March

Rediff.com1 Apr 2020

GST collections in March slipped below the psychological Rs 1 lakh crore-mark for the first time in four months to Rs 97,597 crore as the Covid-19 lockdown that shut most businesses compounded tax collection woes in an already sluggish economy. Goods and Services Tax (GST) mop-up in March recorded a 8.4 per cent decline over March 2019 collection of Rs 1.06 lakh crore. The collections were lower on account of dip in revenues from domestic transactions as well as imports.

India likely to spend $80 bn in next 5 yrs: CII

India likely to spend $80 bn in next 5 yrs: CII

Rediff.com18 Jun 2010

Total indigenous production between 2011 and 2015 would need to expand from about $30 billion to more than $70 billion.

Satyam seeks more time to restate results

Satyam seeks more time to restate results

Rediff.com15 Jun 2010

Mahindra Satyam, the erstwhile Satyam Computer Services, has sought time until September 30 from the Company Law Board (CLB) to file financial statements.

Air India advised no hike, promotions for 3 years

Air India advised no hike, promotions for 3 years

Rediff.com7 Jan 2011

The airline has an annual wage bill of Rs 3,100 crore (Rs 31 billion) and the report has said as many as 2,600 employees will retire during the period of freeze.

Air India seeks Rs 2k-cr further equity infusion

Air India seeks Rs 2k-cr further equity infusion

Rediff.com27 Dec 2010

This demand is over and above the Rs 1,200 crore.

How insurance brokers losing the game to technology

How insurance brokers losing the game to technology

Rediff.com7 Oct 2019

The Ola Money and Uber tie-ups demonstrate how insurance companies, including even government-run ones, are forging partnerships with every possible service company to offer products.

It's raining job offers at B-schools!

It's raining job offers at B-schools!

Rediff.com3 Oct 2019

They are witnessing, or anticipating, a double-digit growth in job offers over the same period last year.

IIP shows marginal rise, inflation eases

IIP shows marginal rise, inflation eases

Rediff.com12 Mar 2020

Going forward, the February factory output may be impacted as several industries such as automobiles, technology, pharma and fashion have some exposure to imports of raw and intermediate materials from China.

GST collections dip to 19-month low of Rs 91,916 crore in Sep

GST collections dip to 19-month low of Rs 91,916 crore in Sep

Rediff.com1 Oct 2019

The revenue collection in the same month a year ago stood at Rs 94,442 crore.

ICAI tightens noose around local auditors

ICAI tightens noose around local auditors

Rediff.com18 Apr 2010

The decision to seek tie-up details from CA firms, especially those associated with the Big 4 -- PWC, Ernst & Young, KPMG and Deloitte -- follows a report by an Institute of Chartered Accountants of India committee on the multi-crore Satyam scam.

Retailers making the most of 'new' Bharat

Retailers making the most of 'new' Bharat

Rediff.com23 Sep 2019

Riding on this change in aspirations, V-Mart a value retail chain is growing close to 22 per cent year-on-year, and is aggressively looking to expand its footprint, with 60 new stores this year.