News for 'Ernst & Young India'

At 28L, average CTC at ISB up by 8%

At 28L, average CTC at ISB up by 8%

Rediff.com24 Mar 2021

Of the 1,145 offers made this year, consulting firms made up 34 per cent, followed by banking, financial services and insurance, pharma/healthcare, IT/ITeS and FMCG/retail.

No evidence to confirm whistleblowers' claims: Infosys

No evidence to confirm whistleblowers' claims: Infosys

Rediff.com4 Nov 2019

On October 24, the NSE sought clarification from the IT major on the whistleblowers' allegations and why the company had not disclosed the same to the exchanges.

Akshay, Rajinikanth Pump Life Back into the Movies

Akshay, Rajinikanth Pump Life Back into the Movies

Rediff.com24 Nov 2021

Sooryavanshi and Annaatthe have already collected 6 percent of the film industry's 2020 revenue.

Jabong may go for public listing within a year

Jabong may go for public listing within a year

Rediff.com19 Jun 2014

The company is likely to choose one of its existing auditing partners -- PricewaterhouseCoopers, EY (formerly Ernst & Young) and KPMG -- as an advisor for the listing process.

Online pharmacy plans to reach all small towns

Online pharmacy plans to reach all small towns

Rediff.com13 Feb 2017

Netmed plans to procure from drug manufacturers and sell to pharmacies it has tie-ups with, and to spread its network to all tier-II and tier-III cities.

OVL to buy Anadarko's 10% stake in Mozambique gas field

OVL to buy Anadarko's 10% stake in Mozambique gas field

Rediff.com26 Aug 2013

OVL, along with Oil India Ltd, had in June agreed to buy Videocon Group's 10 per cent in the same block for $2.48 billion.

Uday Kotak is EY's world entrepreneur of the year

Uday Kotak is EY's world entrepreneur of the year

Rediff.com9 Jun 2014

He becomes 2nd Indian to win this award; N R Narayana Murthy won it in 2003.

Jaitley hikes defence budget by over 6.2%

Jaitley hikes defence budget by over 6.2%

Rediff.com1 Feb 2017

The capital outlay to cover the modernisation programmes have got a hike of 10.05 per cent.

Cyrus Mistry: 'A man of undiluted goodness'

Cyrus Mistry: 'A man of undiluted goodness'

Rediff.com6 Sep 2022

'The main thing Cyrus left is to tell us that you can be a business leader by being good.' 'He practiced that in all of his dealings, in all of his decisions -- in the way he thought, the way he behaved and indeed as he spoke.'

Insolvency rules tweaked, help is at hand for home buyers

Insolvency rules tweaked, help is at hand for home buyers

Rediff.com10 Oct 2017

With the amendment, firms like EY and Deloitte can work as resolution professionals instead of only their partners enrolling as insolvency professionals.

Modi urges American CEOs to invest in India, says GST a game changer

Modi urges American CEOs to invest in India, says GST a game changer

Rediff.com25 Jun 2017

India's growth presents a win-win partnership for the country and the US, and American companies have a great opportunity to contribute to that, Modi told the CEOs.

How two 21-year olds plan to make Bharat Swachh

How two 21-year olds plan to make Bharat Swachh

Rediff.com23 Feb 2016

With the help of technology and a billion citizens, two engineering students are on a mission to make India clean.

Sebi plans forensic audit for some listed companies

Sebi plans forensic audit for some listed companies

Rediff.com25 Oct 2018

Sebi's surveillance department has red-flagged unusual trading patterns in some stocks. Shares of some companies were seen going up ahead of a sharp sell-off.

Aadhaar may have a lethal impact on the existence of India

Aadhaar may have a lethal impact on the existence of India

Rediff.com5 Oct 2015

'Biometric Aadhaar-based surveillance is not only about violation of privacy, but also about the treasure hunt for unprecedented financial surveillance and economic intelligence in the economic history of mankind,' asks Gopal Krishna.

Whistleblower case: Infosys audit panel found no 'financial impropriety'

Whistleblower case: Infosys audit panel found no 'financial impropriety'

Rediff.com11 Jan 2020

The company said the committee, headed by independent director D Sundaram and assisted by independent legal counsel Shardul Amarchand Mangaldas & Co, and PricewaterhouseCoopers, found that the "allegations are substantially without merit".

'Surprise rate cut by RBI is just a start but we need more'

'Surprise rate cut by RBI is just a start but we need more'

Rediff.com16 Jan 2015

Finance Minister Arun Jaitley last month pointed to the high cost of capital for India's businesses as a key factor behind a manufacturing slowdown.

Reliance buys controlling stake in Just Dial for Rs 3497 cr

Reliance buys controlling stake in Just Dial for Rs 3497 cr

Rediff.com16 Jul 2021

RRVL will make an open offer to acquire up to an additional 2.17 crore equity shares of Just Dial, representing 26 per cent stake, in accordance with Sebi Takeover Regulations, a regulatory filing said.

Cruise tourism to generate Rs 355 bn: Gadkari

Cruise tourism to generate Rs 355 bn: Gadkari

Rediff.com8 Aug 2017

The government has decided to construct cruise terminals at Mumbai, Goa, Mangalore, Kochi and Chennai.

Dubai tycoon slaps $8 bn suit on BoB, EY in New York for ignoring 'fraud'

Dubai tycoon slaps $8 bn suit on BoB, EY in New York for ignoring 'fraud'

Rediff.com30 Jul 2021

Dubai-based billionaire BR Shetty has sued Bank of Baroda (BoB) and audit firm Ernst & Young (EY) in a New York court, accusing them of ignoring fictitious and fraudulent transactions that resulted in NMC Healthcare going bankrupt. Shetty is seeking $8 billion in damages in the suit that also names the top management of NMC Healthcare, and Netherlands-based Credit Europe Bank. A top NMC Healthcare official confirmed the development to Business Standard and said despite several meetings, senior BoB officials in India did not take remedial steps for fear of getting involved in an international ponzi scheme perpetrated by then senior management officials.

Consulting, finance firms dominate placements at IIM-C

Consulting, finance firms dominate placements at IIM-C

Rediff.com21 Feb 2016

Reliance ADAG, Tech Mahindra among top recruiters at IIM-A

Direct taxes and GST: The unfulfilled promises

Direct taxes and GST: The unfulfilled promises

Rediff.com18 Feb 2014

The government now ends its mandate with reaffirmation in the vote-on-account of the same goals, for which it claims to have a clear line of sight.

Tata group to gain from change in Navi Mumbai airport rules

Tata group to gain from change in Navi Mumbai airport rules

Rediff.com11 Aug 2014

Firms are still barred from holding board positions in the special purpose vehicle that will develop the airport.

M&A deals value soars to $12.1 bn in Apr-Jun

M&A deals value soars to $12.1 bn in Apr-Jun

Rediff.com11 Jul 2013

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.

FM likely to re-introduce infra bonds; hike medical reimbursement

FM likely to re-introduce infra bonds; hike medical reimbursement

Rediff.com28 Feb 2015

There will be some populist announcements in Budget.

India Inc fails to handle sexual harassment at workplace

India Inc fails to handle sexual harassment at workplace

Rediff.com11 Sep 2015

NCW data show a noticeable rise in sexual harassment at the workplace.

This can help you fight sexual harassment at work

This can help you fight sexual harassment at work

Rediff.com21 Dec 2017

SHe-box deals with complaints from women employees in both public & private sectors.

Real estate trusts could be new funding source for builders

Real estate trusts could be new funding source for builders

Rediff.com6 Jun 2014

Real estate firms like DLF, Prestige, Phoenix Mills to benefit.

TechM buys LCC for $240 mn in largest Indian IT deal this year

TechM buys LCC for $240 mn in largest Indian IT deal this year

Rediff.com20 Nov 2014

India's fifth largest software services firm Tech Mahindra will acquire global network services firm Lightbridge Communications Corporation (LCC) in an all-cash deal worth $240 million (over Rs 1,486 crore).

Tribunal sets aside I-T order on Maruti

Tribunal sets aside I-T order on Maruti

Rediff.com8 Aug 2013

The order, which came on Monday, stated that revenue authorities cannot split the agreement when the parties to the agreement considered the royalty and technical knowhow as a single package.

Joint venture fillip possible for foreign single-brand chains

Joint venture fillip possible for foreign single-brand chains

Rediff.com18 Jul 2013

Sources estimate there could be about 60 applications at the department of industrial policy and promotion for up to 49 per cent foreign direct investment in single-brand retail.

It's good time to buy a car

It's good time to buy a car

Rediff.com24 Dec 2014

Unless the model is being phased out or is expected to get a facelift, buying in December makes sense

Snooping target: How UIDAI puts India at risk

Snooping target: How UIDAI puts India at risk

Rediff.com27 Dec 2013

Isn't National Intelligence Grid and UIDAI engineered by vested interests, asks Gopal Krishna.

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'.

A health cover for diabetics

A health cover for diabetics

Rediff.com28 Jun 2013

Group policies are more suitable for diabetics; these are negotiable & flexible.

Ola Cabs, TaxiForSure have an interesting game plan for future

Ola Cabs, TaxiForSure have an interesting game plan for future

Rediff.com11 Feb 2015

Ahead of the likely acquisition of online taxi aggregator TaxiForSure by larger competitor Ola Cabs, technology teams of the two Bengaluru-based companies are learnt to be evaluating ways in which the two platforms can be integrated, sources said.

M&A deals continue to shrink in 2013

M&A deals continue to shrink in 2013

Rediff.com27 Dec 2013

Outbound deal count in the current calendar year fell to 100 from 154 in 2012.

ED to ask depositories to freeze shares owned by Vijay Mallya

ED to ask depositories to freeze shares owned by Vijay Mallya

Rediff.com11 May 2016

The enforcement agency is looking to ensure that no big deals or transactions, such as the one Mallya struck with Diageo for Rs 500 crore, take place.

'Arrest Chitra, find others involved in NSE scam'

'Arrest Chitra, find others involved in NSE scam'

Rediff.com22 Feb 2022

'This issue is related to national security because they were compromising the entire capital markets's core infrastructure by leaking confidential information.' 'What would have happened if the servers had come down?' 'Or some confidential information leaked to terrorists who could have knocked out our capital market?'

Growing corporate frauds should worry regulators

Growing corporate frauds should worry regulators

Rediff.com25 Jun 2013

The size of corporate fraud in India almost doubled after 2009, and such cases also increased in number, said a report from Thought Arbitrage, a think tank in Delhi.

Aadhaar is based on unscientific thinking, fallible biometric data

Aadhaar is based on unscientific thinking, fallible biometric data

Rediff.com21 Nov 2017

Biometric authentication is based on the unscientific and questionable assumption that there are parts of human body that does not age, wither and decay with the passage of time.