News for 'Grant Thornton India'

10 emerging careers to watch out for

10 emerging careers to watch out for

Rediff.com4 Aug 2008

We take a sneak peek at the hiring scene in the years to come and which sectors are set to emerge in a big way with all those dream jobs.

Two-wheeler exports from India skid nearly 18% in FY23

Two-wheeler exports from India skid nearly 18% in FY23

Rediff.com14 Apr 2023

Two-wheeler exports from India fell by 17.8 per cent to 3.65 million units in 2022-23 (FY23), according to data released by the Society of Indian Automobile Manufacturers (Siam) on Thursday. This decline is due to a rise in global inflation and the weakening of economies and currencies in key export markets of Africa, Latin America (LatAm), and South Asia. In contrast to FY23, two-wheeler exports from India jumped 35.4 per cent to 4.44 million units in 2021-22 (FY22).

Indian biz most e-mail-friendly

Indian biz most e-mail-friendly

Rediff.com16 Mar 2005

PE deals outnumber M&As in Jan

PE deals outnumber M&As in Jan

Rediff.com25 Feb 2008

Indian companies announced as many as 60 private equity deals as against 56 M&A transactions, according to the data compiled by global consultancy firm Grant Thornton. However, the total value of PE deals was lower at $2.05 billion compared to $3.01 billion in M&As transactions.

It's a man's world in privately held businesses

It's a man's world in privately held businesses

Rediff.com6 Mar 2009

According to Grant Thornton International, women still hold less than a quarter of senior management positions in privately held businesses globally and 34 per cent of PHBs have no women at the senior management level. In India, there is a rise in percentage of women in senior management level (15 per cent) as compared to previous year (14 per cent) but it still ranks in bottom five globally.

Indians 5th most stressed businessmen

Indians 5th most stressed businessmen

Rediff.com20 Jan 2005

Business owners all over the world are much more stressed than they were a year back, with Taiwan topping the stress chart followed by Hong Kong, Turkey, Mexico and India, according to a recent survey.

Mauritius party may go on through instruments other than shares

Mauritius party may go on through instruments other than shares

Rediff.com13 May 2016

Other forms of securities such as compulsorily convertible debentures (CCDs), optionally convertible debentures (OCDs) and some derivatives could remain out of the scope of the amendments

M&A deals slump 71% in value terms

M&A deals slump 71% in value terms

Rediff.com15 Apr 2008

M&A activity of India Inc has fallen 71 per cent in value terms in the first three months of this calendar year, compared with the same period in 2007. Even though the M&A drive of India Inc has witnessed a slowdown, India Inc's acquisition spree is restless with outbound deals continuing to steal the show. And if experts are to be believed, 2008 will see more outbound deals than inbound ones. Number of outbound deals increased from 12 to 15 since February 2007.

Nov auto sales were driven by MUL, Hyundai and M&M

Nov auto sales were driven by MUL, Hyundai and M&M

Rediff.com12 Dec 2017

Data issued by Siam shows sale of PVs (cars, vans and utility vehicles) grew 14.3 per cent to 275,417 vehicles.

Services attract highest FDI despite Make in India push

Services attract highest FDI despite Make in India push

Rediff.com9 Jul 2015

Services attract highest foreign direct investment, despite Make in India push.

India Inc wants states to migrate to GST at one go

India Inc wants states to migrate to GST at one go

Rediff.com18 Aug 2016

Companies are worried that any staggered roll-out of GST could result in cash flow issues with businesses not able claim tax credit due to breakage in the chain

New Companies Act empowers minority shareholders to block deals

New Companies Act empowers minority shareholders to block deals

Rediff.com14 Apr 2014

The new provisions strengthen the hands of minority shareholders and will improve corporate governance.

India Inc unprepared for GST roll-out

India Inc unprepared for GST roll-out

Rediff.com4 Aug 2016

A GST roll-out by April 1 looks difficult, giving the companies some succour.

Hiranandani Group opens giant data centre in Mumbai

Hiranandani Group opens giant data centre in Mumbai

Rediff.com8 Jul 2020

Hiranandnani's new venture is well-timed, but it will face heavy competition from both international majors and domestic peers like Adani Group.

Jet Air seeks 90 days extension for bids

Jet Air seeks 90 days extension for bids

Rediff.com13 Mar 2020

The cash-strapped airline, which was grounded in April 2019, owes more than Rs 8,000 crore to banks, with those from the public sector having significant exposure.

Rail Budget pragmatic, to improve ease of doing biz: India Inc

Rail Budget pragmatic, to improve ease of doing biz: India Inc

Rediff.com26 Feb 2015

Suresh Prabhu has announced a slew of measures to improve servcies in trains and railway stations

It is duty of cricketers to promote other sports: Kapil Dev

It is duty of cricketers to promote other sports: Kapil Dev

Rediff.com19 Sep 2022

Every player has a passion so I want more and more children to play. There should be an infrastructure for them, he added.

A new fintech world is upon us amid funding drought, lower valuations

A new fintech world is upon us amid funding drought, lower valuations

Rediff.com29 May 2023

In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.

Rahane, Ishant set to lose BCCI central contracts

Rahane, Ishant set to lose BCCI central contracts

Rediff.com12 Dec 2022

Shubman Gill and Suryakumar Yadav may get promotion in the annual central contracts list for the 2022-23 season.

E-commerce on a roll, draws Rs 20,000-crore funding so far this year

E-commerce on a roll, draws Rs 20,000-crore funding so far this year

Rediff.com29 Nov 2014

While investment activity jumped three to four times this year over last year for e-commerce, it has shown marginal growth (five per cent) in the case of consumer and retail

Lesson for Go First from Jet Airways' insolvency: Restart quickly

Lesson for Go First from Jet Airways' insolvency: Restart quickly

Rediff.com24 May 2023

Both Jet Airways and Go First have met with a similar fate of landing up in insolvency, albeit for different reasons. Whether Go First will be able to avoid the sharp erosion in value like in the case of Jet, experts say, will depend on how quickly it is able to restart operations and retain its slots at airports. Go First, owned by the Wadia group, filed for voluntary corporate insolvency resolution on May 2 due to inadequate capacity utilisation that led to a cash crunch.

Angel tax goes for start-ups registered with DPIIT

Angel tax goes for start-ups registered with DPIIT

Rediff.com23 Aug 2019

Also, a dedicated cell, headed by a member of the Central Board for Direct Taxes (CBDT), will be set up to address concerns faced by start-ups.

No woman on board: 2,690 firms to get notice

No woman on board: 2,690 firms to get notice

Rediff.com4 Dec 2015

The BSE fined 370 listed companies following the Sebi notification.

Trump makes H-1B visa fears real

Trump makes H-1B visa fears real

Rediff.com6 Feb 2017

In the past five years, the US has seen nearly two dozen Bills on employment visas introduced without success. But this time it is different, industry sources tell Ayan Pramanik.

No TCS on overseas spending of up to Rs 7 lakh via debit, credit cards: FinMin

No TCS on overseas spending of up to Rs 7 lakh via debit, credit cards: FinMin

Rediff.com19 May 2023

The government on Friday announced that no tax will be charged on overseas spending of up to Rs 7 lakh in a year using debit or credit as it looked to douse backlash from its earlier decision of levying TCS on all spending. The government had earlier this week brought overseas credit card spending under Liberalised Remittance Scheme (LRS). This meant that any spending using credit cards overseas would attract a 20 per cent tax from July 1.

Why bank FDs are no longer the 'safe' option

Why bank FDs are no longer the 'safe' option

Rediff.com12 Oct 2021

Senior citizens and others depending upon income from bank fixed deposit (FD) schemes will be at the receiving end with the retail inflation exceeding the interest rates. The Reserve Bank of India (RBI) in its latest monetary policy review has projected retail inflation at 5.3 per cent for the current financial year. Last week, the RBI said that the Consumer Price Index (CPI)-based inflation is now projected to be at 5.3 per cent for 2021-22 with risks evenly balanced.

August brings more depressing news for auto sector

August brings more depressing news for auto sector

Rediff.com2 Sep 2019

Sales of four- and two-wheelers almost halved in August, compared to the equivalent month last year.

NSEL defaults but pays off small investors

NSEL defaults but pays off small investors

Rediff.com28 Aug 2013

After defaulting for a consecutive time in paying its investors, National Spot Exchange Ltd (NSEL) got a Rs 177-crore (Rs 1.77 billion) lifeline from its main promoter, Jignesh Shah-run Financial Technologies.

Why food and grocery retail looks like a tough nut to crack

Why food and grocery retail looks like a tough nut to crack

Rediff.com29 May 2019

The sale of Nature's Basket, Godrej's chain of food stores in west India, is the second exit by a big group in a year in the category

How AI is helping brokers take the right investment decisions

How AI is helping brokers take the right investment decisions

Rediff.com12 Sep 2017

Hedgeloop, Accuracap and other entities are pioneering a growing market and attracting much interest from businesses by using software to make informed decisions in this area

NCLT admits Jet for bankruptcy, sets 90 days for resolution

NCLT admits Jet for bankruptcy, sets 90 days for resolution

Rediff.com20 Jun 2019

However, the tribunal rejected the plea by the Netherlands based vendors for filing an intervention application, saying the Dutch district court had no jurisdiction to order bankruptcy of Jet Airways.

GST Bill gets Cabinet nod

GST Bill gets Cabinet nod

Rediff.com17 Dec 2014

The GST will subsume most of the indirect taxes like excise duty and service tax

Dull Diwali sales lead to unsold cars piling up with dealers

Dull Diwali sales lead to unsold cars piling up with dealers

Rediff.com16 Nov 2018

While two-wheeler sales are down 15 per cent year-on-year, passenger vehicles sales are lower by 5-7 per cent.

BCCI state associations continue to defy COA

BCCI state associations continue to defy COA

Rediff.com7 Jun 2017

The old guard of Board of Control for Cricket in India continued to show defiance to the Supreme Court-appointed Committee of Administrators (COA) with only six state units filing their responses to "Due Diligence Report' prepared by Deloitte on the functioning of these associations.

Laws that regulate black money in India

Laws that regulate black money in India

Rediff.com10 Nov 2014

If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.

Why passenger vehicle sales skid over 3% in November

Why passenger vehicle sales skid over 3% in November

Rediff.com11 Dec 2018

Large number of buyers has put purchases on hold because of a combination of factors, including high fuel prices, higher insurance cost, and firm interest rates.

Rs 1.45 Trillion In MFs Since March 2021

Rs 1.45 Trillion In MFs Since March 2021

Rediff.com6 Apr 2022

And there have been months when flows have exceeded $3 billion.

Zee shareholders to decide on demerging print biz

Zee shareholders to decide on demerging print biz

Rediff.com27 Feb 2017

Demerging print and TV news businesses will allow for separate investment by interested players.

Black money disclosures may prove costly for banks

Black money disclosures may prove costly for banks

Rediff.com28 Oct 2014

Financial institutions at the risk of US sanctions as sharing of documents on SC directive amounts to violation of existing agreements.