The ministry of information and broadcasting is working on a proposal to set up a mega movie production studio -- akin to those in Hollywood -- with an investment of Rs 10,000 crore (Rs 100 billion), which will be supported by the government.
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
'Alongside economic growth and the Asian century, stress has become an Asian caravan.' 'But stress doesn't arrive in one's country as invitation to taste exhaustion. It comes dressed as a challenge.' 'Its evangelists ask: Are you man enough to shoulder stress?' points out Shyam G Menon.
E&Y has given the report to the Gurgaon police.
Bajaj Auto's Rahul Bajaj, Sunil Mittal of Bharti and Oil and Natural Gas Corp's Subir Raha are among the 20 finalists announced by Ernst and Young for the E&Y Entreprenuer of the Year award.
People tend to think that online means access to information on the fly. But that does not mean that any individual can access the data, says Sunil Chandiramani.
Perhaps these new revelations about E&Y and Lehman will inspire the govt to reopen the subject for more radical change.
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.
Global professional services firm Ernst and Young said on Tuesday it will induct Suzlon Energy Chairman Tulsi Tanti in its World Entrepreneur of the year Academy on June 3 in Monte Carlo, Monaco.
The recommendation from E&Y has been made even as its own role in clearing the original bid has come in for censure.
The survey revealed that unethical behaviour still persists, with a majority of respondents justifying unfair actions undertaken to survive the economic downturn.
Merger and acquisition (M&A) activity involving Indian companies included 156 deals with a total disclosed deal value of $12.1 billion in the quarter.
Analysts on Monday gave a mixed reaction to the railway budget, with some terming it as a "non-event" saying there were no radical measures to bridge the revenue deficit in the document, and a few calling it "pragmatic" given the limitations.
The conclusions are based on the working capital performance of 400 leading companies in India.
"As business volatility and risks continue to rise, Indian organisations see sustainability as a key area of focus in the coming years. This is the clear message," said the study which covered 60 companies.
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).
An Ernst & Young study to measure confidence in the global economy said over half of the Indian companies surveyed were optimistic about making acquisitions in the next 12 months due to the improving business climate.
Ahmedabad has been rated as the most favourable destination for small businesses in India followed by Bangalore and Mumbai, according to a joint report by consultancy firm Ernst & Young (E&Y) and retail solutions provider, Franchise India.
New York prosecutors are poised to file civil fraud charges against Ernst & Young.
Six sectors, including healthcare and realty , are expected to create a whopping 2.3 lakh jobs in India in the last three months of 2010, according to global consultancy Ernst & Young .
Gujarat, Maharashtra and Andhra Pradesh have been more proactive in providing the ideal environment for the growth of small business.
The chocolate may turn a tad bitter for Cadbury India. In a clear victory for the chocolate maker's minority shareholders, Ernst & Young (E&Y)--the Bombay High Court-appointed valuer--has recommended a 30 per cent premium to the company's valuation than what was prescribed by two independent valuers, Bansi S Mehta and SSPA.
Ernst & Young India on Tuesday said that despite the steep fall in headline inflation in August, the Reserve Bank is likely to persist with monetary tightening measures by hiking key policy rates by at least 25 basis points at its mid-quarter review on Thursday.
Gujarat, Maharashtra and Andhra Pradesh have been more proactive in providing the ideal environment for the growth of small business.
The Bombay High Court would examine the Ernst & Young report on the erstwhile Sahara Airlines buyout by Jet Airways to decide the onus on payment of tax liability amounting to Rs 107 crore (Rs 1.07 billion).
A six-member jury headed by former Securities and Exchange Board of India chairman M Damodaran will declare the winner of the award for 2009 on February 16 in Mumbai.
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.
USL claims it has given a report on how the liquor baron channelled money from the company to Kingfisher Airlines, Force India and Watson.
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.
Indian companies, many of which have been acquiring overseas entities, suffer from taxation planning as part of the deals, said accountancy and consultancy firm Ernst & Young
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.
On January 11, E&Y had said in a statement that 'we would like to again clarify that we were not engaged by Satyam Computer Limited or any of its subsidiaries to conduct the valuation of Maytas Properties and learnt of the proposed Maytas/Satyam transaction after it was announced publicly."
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.
Consumers can effectively make payments using UPI and other debit cards, credit cards and internet banking across 120 banks and over 120 billers, Xiaomi said.
The study was commissioned by the Forum of Indian Regulators -- a body which is open to all regulators but currently dominated by power regulators.
Air passenger traffic is expected to grow at a slower rate during financial year 2008 as compared to 2007, according to management consultant E&Y's annual report for 2008 on the Indian aviation sector. The report said that total passenger traffic would reach 118.5 million by the end of financial year 2008, a mere 23 per cent increase over the previous year. In comparison, passenger traffic in 2007 showed a growth of more than 31 per cent.
Of the respondents, 61 per cent avoided investing in companies which lack a risk programme, while 48 per cent actually de-invested from firms where risk management was insufficient.
Private equity investors are in talks with the Wadias for acquiring minority stake in GoAir.
The $8.5 billion TVS Group received final approval for a family resettlement on February 4 from the National Company Law Tribunal (NCLT). It is an arrangement that is noteworthy because unlike many other corporate settlements this one was sorted out amicably and without any open conflicts.
The carrier, which is owned and promoted by Jeh Wadia, has been valued at $314-400 million by private equity investors. At 28 per cent, the value of the proposed investment is expected to be $88-112 million.
