News for 'PwC India'

India Inc likely to go on a hiring spree in 2018

India Inc likely to go on a hiring spree in 2018

Rediff.com8 Jan 2018

With the negative impact of demonetisation waning and the implementation of the GST, 80% of the CEOs surveyed said they were planning to hire more people in 2018

5 ways NITI Aayog is using AI to change India

5 ways NITI Aayog is using AI to change India

Rediff.com20 Mar 2018

'AI will be bigger than the advent of the Internet or the harnessing of electricity.' 'India must embrace it with all its might,' says NITI Aayog CEO Amitabh Kant.

5 lessons PE funds have learnt in India

5 lessons PE funds have learnt in India

Rediff.com20 Nov 2014

Experts say it's not only important to get due-diligence done by an independent firm but it needs to be cross-checked, too.

Satyam's ex-CFO found guilty

Satyam's ex-CFO found guilty

Rediff.com6 Jan 2012

It was in 2009 that the accounting regulator set up a special disciplinary committee, comprising six members, to look into the fraud in Hyderabad-based IT firm.

Govt revises FDI norms to shield firms from takeover

Govt revises FDI norms to shield firms from takeover

Rediff.com18 Apr 2020

The government on Saturday made its prior approval mandatory for foreign investments from countries that share land border with India to curb 'opportunistic takeovers' of domestic firms following the COVID-19 pandemic, a move which will restrict Foreign Direct Investment from China.

India's share in M&As of emerging nations is a mere 5.1%

India's share in M&As of emerging nations is a mere 5.1%

Rediff.com4 Oct 2013

India accounted for a meagre 5.1 per cent of merger and acquisition (M&A) deals among emerging countries in the first nine months this year, the lowest in the BRIC (Brazil, Russia, India and China) nations.

India Inc hails Railway Budget as pro-growth

India Inc hails Railway Budget as pro-growth

Rediff.com8 Jul 2014

Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.

TCS, Infosys in Forbes 'Super 50' list

TCS, Infosys in Forbes 'Super 50' list

Rediff.com26 Jul 2016

Companies which have been dropped from the list include Tata Motors, Hindustan Unilever, MRF, Glaxo SmithKline Consumer Healthcare, Pfizer, Dr Reddy's Labs, Glenmark Pharmaceuticals, HDFC and Kotak Mahindra Bank

Indo-US bilateral trade can touch $500 bn by 2025

Indo-US bilateral trade can touch $500 bn by 2025

Rediff.com28 Sep 2015

The commonalities of interests are immense for growth in trade between India and the US.

PE firms invest $2.5 bn in Jul-Sep

PE firms invest $2.5 bn in Jul-Sep

Rediff.com19 Nov 2012

According to the PwC MoneyTree India report, a quarterly study of private equity investment activity based on data by Venture Intelligence, private equity PE firms invested $2.5 billion across 97 deals in Q3 of 2012, against USD 2.4 billion from 121 deals a year ago.

Why RBI said no to NBFCs with funds from Mauritius

Why RBI said no to NBFCs with funds from Mauritius

Rediff.com29 May 2020

The RBI is of the view that it cannot carry out satisfactory due diligence for granting registration because the funding is from a jurisdiction that has been identified by FATF as having weak measures to combat money laundering and terrorist financing.

The dangers of financial apps on your smartphone

The dangers of financial apps on your smartphone

Rediff.com30 Dec 2017

'Malicious files can silently sit in your phone and relay data to hackers without your knowledge.'

LLP: Not yet the choice of private businesses

LLP: Not yet the choice of private businesses

Rediff.com23 Feb 2012

These partnerships are engaged in a variety of businesses in the manufacturing and services sector. However, if the experience in the US/UK with similar vehicles (LLPs/LLCs) is anything to go by, there seems a long way before LLPs could become the default vehicle choice for private businesses, as in those countries.

Technology has enabled us to reduce costs and time: Infosys

Technology has enabled us to reduce costs and time: Infosys

Rediff.com16 Apr 2014

Infosys Head India Business Unit C N Raghupathi said for the manufacturing sector, the key areas to focus on include new product innovation.

India Inc is on the cusp of restructuring, say experts

India Inc is on the cusp of restructuring, say experts

Rediff.com19 Feb 2015

Experts said many firms had unbilled assets on their books.

Sky-high valuation of India's start-ups worries global investors

Sky-high valuation of India's start-ups worries global investors

Rediff.com20 Mar 2015

As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.

Tax tribunal accepts LinkedIn info as proof

Tax tribunal accepts LinkedIn info as proof

Rediff.com25 Jul 2014

The department found various expatriates were acting as business heads for Indian operations and certain employees were actively involved in concluding sales for the foreign entities of GE in India.

Investment banks order forensic audit of promoters, key management staff

Investment banks order forensic audit of promoters, key management staff

Rediff.com22 Apr 2015

The bank wanted to run a background check on some Indian promoters.

81% of Indian CEOs see talent shortage as biggest threat

81% of Indian CEOs see talent shortage as biggest threat

Rediff.com20 Jun 2013

According to a PwC study on HR, Indian businesses intend to strengthen their leadership pipeline by developing the next line of leaders, and a majority of Indian CEOs have already deployed a variety of talent development strategies with varying levels of success.

Is compensation received from employer taxable?

Is compensation received from employer taxable?

Rediff.com27 Nov 2019

There are judicial precedents where it has been held that if payment is made for temporary disablement, it would be taxable, points out Tinesh Bhasin.

Lockdown? You can still buy that dream Mercedes!

Lockdown? You can still buy that dream Mercedes!

Rediff.com27 Apr 2020

The German luxury automaker has already seen its online traffic increase 10-fold this year. Though that has not always translated into sales, Mercedes-Benz says it is continuing to build on what it calls its "touch-free" experience to stay plugged into its consumer base. Under the used car business, more than 150 cars were sold online in January and February.

Meet Asha, the robotic nurse

Meet Asha, the robotic nurse

Rediff.com17 Dec 2020

'Imagine taking care of a patient who is infected with Covid. A human nurse is unable to do that due to fear of infection. The robot can do that task, while it is controlled or supervised by the human nurse. So the robot becomes an extension of the nurse.'

'Mobile VAS mart to generate over Rs 55,000 cr'

'Mobile VAS mart to generate over Rs 55,000 cr'

Rediff.com11 Apr 2011

According to the PwC report titled -- Value Added Service: The Next Wave -- it is now time for India to evolve from the well established mobile messaging and commoditised voice play to focus on customer segmentation based data play.

I-T return filing deadline extended to Aug 31

I-T return filing deadline extended to Aug 31

Rediff.com26 Jul 2018

Individuals and entities, whose accounts are not required to be audited, were mandated to file I-T returns by July 31.

61% of economic crimes committed by employees, says survey

61% of economic crimes committed by employees, says survey

Rediff.com16 Apr 2016

The top three industries in India susceptible to economic crimes are financial services, manufacturing and professional services

Tax hike on rich will also hurt global companies

Tax hike on rich will also hurt global companies

Rediff.com6 Jul 2019

Tax experts said that in FY17 around 80,000 people had reported incomes of over Rs 1 crore

New drug policy, regulations slowing down pharma growth

New drug policy, regulations slowing down pharma growth

Rediff.com31 Oct 2013

Hit by the new drug pricing policy and regulatory interventions, growth rate of the Rs 72,069-crore Indian pharmaceutical market has slowed down to 9.8 per cent in 2013 as compared to 16.6 per cent in 2012, says a report.

Planning to buy a car? Forget freebies and cash discounts

Planning to buy a car? Forget freebies and cash discounts

Rediff.com2 Sep 2020

Pandemic-hit auto majors are likely to set aside these time-tested strategies for now, and, instead, focus on attractive finance schemes and an enhanced digital experience.

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.

Will Harley-Davidson be back on Indian roads?

Will Harley-Davidson be back on Indian roads?

Rediff.com11 Dec 2020

For Hero MotoCorp, India's largest two-wheeler company, it's a calculated gambit to revive Harley-Davidson whose ride in India has been anything but easy since it got here.When automotive firms embark on alliances, it's a roll of the dice on how such marriages will play out.

Facebook buys 9.99 % stake in Jio for Rs 43,574 cr

Facebook buys 9.99 % stake in Jio for Rs 43,574 cr

Rediff.com22 Apr 2020

The latest deal would give Facebook deeper access to India, the second largest internet market after China.

How start-ups will evolve in 2019

How start-ups will evolve in 2019

Rediff.com3 Jan 2019

Tech start-ups will continue to take the lead in bolstering the regional economy, says Murali Talasila.

GST collection crosses Rs 1-trn mark for the fourth month in a row in Feb

GST collection crosses Rs 1-trn mark for the fourth month in a row in Feb

Rediff.com2 Mar 2020

The mop-up could have been much higher, but tax on imports fell 2 per cent y-o-y.

United Spirits says it has found fund diversions by Mallya entities

United Spirits says it has found fund diversions by Mallya entities

Rediff.com10 Jul 2016

Firm makes disclosures of improper transactions worth Rs 1,225.3 crore with entities linked to beleaguered businessman

Adverse action on audit firms may put IT cos in a spot

Adverse action on audit firms may put IT cos in a spot

Rediff.com18 Jun 2019

Currently, Deloitte, EY and KPMG with their associates work as statutory auditors of most of the top league domestic IT services firms. Owing to many alleged auditing lapses, the regulators have either imposed restrictions on the audit firms or are seeking to do so.

Indian companies concerned about cyber attacks

Indian companies concerned about cyber attacks

Rediff.com10 Oct 2014

Globally, the estimated average financial loss from cyber incidents was $2.7 million, a 34-per cent increase over 2013.

'Online commerce can't kill brick-and-mortar'

'Online commerce can't kill brick-and-mortar'

Rediff.com16 Sep 2015

Physical format stores are here to stay.

Budget 2020: Few hits and misses for overseas investors

Budget 2020: Few hits and misses for overseas investors

Rediff.com10 Feb 2020

The Budget has relaxed a few safe harbour rules that aim to make it easier for fund managers overseeing offshore India-focused funds to relocate to the country.

Firms can now file GST returns till March 31, 2019

Firms can now file GST returns till March 31, 2019

Rediff.com10 Dec 2018

Industry had sought this 3-month extension, specifically for players struggling to collate the information that are required to be disclosed in the GST forms.

Foreign firms' tax issue: SC to decide

Foreign firms' tax issue: SC to decide

Rediff.com31 Jul 2008

The Supreme Court will decide whether a non-resident company is liable to pay advance tax on fee charged by it for providing services in India.