News for 'ey report'

'Film business is not going anywhere'

'Film business is not going anywhere'

Rediff.com16 Aug 2021

'This is a blip in the 100-year history of cinema.'

How kirana stores are embracing retail technology

How kirana stores are embracing retail technology

Rediff.com23 Apr 2021

Everyday consumerables, such as grocery and order-in food items are the key buyout sector, analysts say, and a major reason for kirana stores' digitisation push.

How RBI's tough rules impact audit companies

How RBI's tough rules impact audit companies

Rediff.com2 Jun 2021

The central bank's tough new rules spell major changes in the competitive landscape for financial services audits.

Air India sale: Sitharaman, Hardeep Singh Puri likely to be in new GoM

Air India sale: Sitharaman, Hardeep Singh Puri likely to be in new GoM

Rediff.com19 Jun 2019

The government is planning to liberalise the terms and conditions for the sale of the national carrier. The Centre is still pursuing the option of selling the airline's subsidiaries before the airline itself, in order to deal with an outstanding debt of around Rs 27,000 crore.

India set to have 150 unicorns by 2025

India set to have 150 unicorns by 2025

Rediff.com2 Mar 2021

$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.

Scrapping vehicles in volumes to curb pollution will be a tough task

Scrapping vehicles in volumes to curb pollution will be a tough task

Rediff.com6 May 2021

For deciding which vehicles are to be scrapped, the setting up of fitness centres and regulating them would be a humongous task.

Sitharaman unveils new Covid recovery package, expands credit relief

Sitharaman unveils new Covid recovery package, expands credit relief

Rediff.com28 Jun 2021

To help revive the economy battered by COVID-19, Finance Minister Nirmala Sitharaman on Monday announced a slew of measures, including Rs 1.1 lakh crore credit guarantee scheme for improving health infrastructure, and enhancing the limit under the ECLGS by 50 per cent to Rs 4.5 lakh crore for the MSME sector facing liquidity crunch. Sharing the details of stimulus package, the finance minister said this comprises eight relief measures and other eight measures to support the economic growth. She announced Rs 1.1 lakh crore loan guarantee scheme for COVID-affected sectors, including health sector, which includes guarantee cover for expansion or for new projects. Besides, she said, additional Rs 1.5 lakh crore limit enhancement done for Emergency Credit Line Guarantee Scheme (ECLGS) scheme.

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.

April's GST collection falls 87% to Rs 5934 cr

April's GST collection falls 87% to Rs 5934 cr

Rediff.com31 May 2020

The data primarily pertains to activities in March, which had only a few days under the Covid-19 lockdown. For April , hence, CGST collections could be much lower, fear analysts.

Covid spurs matured-stage start-ups to advance their IPO plans

Covid spurs matured-stage start-ups to advance their IPO plans

Rediff.com25 Sep 2020

In the past few days, many companies, including fashion e-tailer Nykaa, food delivery platform Zomato, logistics and delivery firm Delhivery, insurance discovery platform PolicyBazaar, eyewear retail chain Lenskart, and edtech and online tutoring firm Byju's, have openly spoken about their IPO plans.

India laggard among BRIC nations in online shopping

India laggard among BRIC nations in online shopping

Rediff.com16 Sep 2015

India had an Internet user base of 243 million in 2014, of which 35 million were online shoppers.

Trailer Review: Vishal Bhardwaj returns with Shahid as his Hamlet

Trailer Review: Vishal Bhardwaj returns with Shahid as his Hamlet

Rediff.com8 Jul 2014

Raja Sen reviews Vishal Bhardwaj's Haider trailr starring Shahid Kapoor, Shraddha Kapoor, Irrfan, Tabu, Kak Kay Menon.

100% placements for IIM-Lucknow graduates

100% placements for IIM-Lucknow graduates

Rediff.com23 Oct 2017

Irrespective of demonetisation and GST blues, IIM Lucknow has been able to successfully place their batch of 459 students.

Azim Premji-backed iD Fresh Food shifts focus to organic products

Azim Premji-backed iD Fresh Food shifts focus to organic products

Rediff.com29 Mar 2019

The phase-wise transition of iD Fresh products into organic items has started and will include flagship offerings such as idli and dosa batter and Malabar parotta.

Air India stake sale: Buyer to get only Rs 10,000 crore of airline debt

Air India stake sale: Buyer to get only Rs 10,000 crore of airline debt

Rediff.com16 Oct 2019

This is a third of Rs 33,992 crore debt that was to be passed on to the new owner during last year's failed divestment process.

The biggest challenge facing India Inc

The biggest challenge facing India Inc

Rediff.com18 Mar 2019

The immediate concern for all companies is to prepare themselves - and their vendors and suppliers - for the new GST return filing mechanism, being test piloted from April 1.

PE score in November: 56 deals & $2.9 billion investment

PE score in November: 56 deals & $2.9 billion investment

Rediff.com20 Dec 2017

All major sectors -- real estate, e-commerce, IT, retail and consumer products, healthcare -- saw new all-time highs in value invested.

Lakshmi Mittal hangs up on Odisha

Lakshmi Mittal hangs up on Odisha

Rediff.com6 Aug 2013

But he is actively pursuing greenfield steel plants in Karnataka and Jharkhand; ultimately, only one of these might come up.

Govt planning to absorb large portion of Air India's debt to woo buyers

Govt planning to absorb large portion of Air India's debt to woo buyers

Rediff.com22 Sep 2020

Air India owns 32 aircraft, and has 37 aircraft on finance lease; Air India Express owns 17 aircraft on finance lease. The aircraft-related debt of Air India is Rs 16,000 crore; it's Rs 1,100 crore for Air India Express.

Indian start-ups shun China, turn to US firms for fund

Indian start-ups shun China, turn to US firms for fund

Rediff.com27 Jul 2020

India's shift towards US companies for technology investments and partnerships fits well with the present government's 'Atmanirbhar Bharat' and 'Make in India' initiatives, say experts.

Now, get a sponsor to move up the corporate ladder

Now, get a sponsor to move up the corporate ladder

Rediff.com6 Sep 2015

A mentor doesn't have to be someone more senior than you, but that isn't the case with a sponsor.

GST e-invoicing mandatory from April 1

GST e-invoicing mandatory from April 1

Rediff.com29 Nov 2019

The e-invoicing system will be rolled out in a phased manner from January 1 on a voluntary and trial basis, beginning with firms with a turnover of Rs 500 crore, while businesses with a turnover of Rs 100 crore or more will be required to do it from February 1.

VOTE: Who should be the Congress's PM candidate?

VOTE: Who should be the Congress's PM candidate?

Rediff.com12 Dec 2013

Go through the options and cast your vote in favour of the candidate who, according to you, will be capable of reversing the fortunes of the beleaguered Congress party.

SC punctures RBI's efforts to fight bad loans

SC punctures RBI's efforts to fight bad loans

Rediff.com2 Apr 2019

RBI had on February 12, 2018 issued a circular saying that lenders have to provide for resolution plan within 180 days in case of large account of Rs 2,000 crore and above.

6 years after a revival, SpiceJet is back where it started

6 years after a revival, SpiceJet is back where it started

Rediff.com19 Nov 2020

Despite the gains from Jet's closure, in 2018 and 2019, the airline continued to make losses in many quarters for a variety of reasons, including some mistakes like taking on Jet's aircraft, which were not in great shape and had business class configuration, a gamble that did not work for SpiceJet.

E-commerce, tech firms call for clarity on Personal Data Protection Bill

E-commerce, tech firms call for clarity on Personal Data Protection Bill

Rediff.com5 Dec 2019

The biggest fear many of the e-commerce firms have is the possible requirement to change business models overnight, which would drastically increase costs as well as disrupt businesses.

80% FPIs get major relief from market regulator

80% FPIs get major relief from market regulator

Rediff.com31 Oct 2019

This may mean easier access, simplified KYC and documentation requirements, and fewer investment restrictions for a majority of FPIs, especially broad-based funds and pooled vehicles that were earlier part of Category-II.

India Inc still slow in adopting whistle-blower policies

India Inc still slow in adopting whistle-blower policies

Rediff.com15 Sep 2014

Fraud is a big concern among many board members.

E-com giants may see 25% jump in sales

E-com giants may see 25% jump in sales

Rediff.com10 Aug 2020

Instead of making the sellers bleed, experts say, e-commerce giants Amazon and Flipkart have roped in banks to offer discounts to buyers.

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.

Covid blues: Data surge, 4G transition save telcos

Covid blues: Data surge, 4G transition save telcos

Rediff.com28 Jul 2020

Among other segments, home broadband subscriptions have picked up and the virtual private network service, too, increased by around 15 per cent.

Air India sale: Govt relaxes rules to attract buyers

Air India sale: Govt relaxes rules to attract buyers

Rediff.com15 Jun 2019

'Since the government will not hold any significant stake in the airline this time, such restrictions are not required anymore.'

Post Budget, companies likely to change dividend tax policy

Post Budget, companies likely to change dividend tax policy

Rediff.com10 Feb 2020

An analysis of S&P BSE 500 companies suggests that promoters of Indian private-sector companies in particular could end up paying at least 20 per cent more as additional tax on the same dividend income.

Why retailers are betting big on small towns

Why retailers are betting big on small towns

Rediff.com5 Dec 2017

The expansion into smaller towns is coming at a time when the online retail space has not only seen consolidation but is actually looking to collaborate with physical stores. Abhineet Kumar reports.

From Tatas to RIL, India Inc goes into hiring mode as demand picks up

From Tatas to RIL, India Inc goes into hiring mode as demand picks up

Rediff.com22 Jan 2021

Most of the hirings are, however, in the entry or junior level.

Is India's LNG deal with US a risky affair?

Is India's LNG deal with US a risky affair?

Rediff.com3 Oct 2019

Majority of PLL's long-term deals are linked to crude, which faces price challenge from other fuels. Spot LNG is moving away from this linkage, which puts a question mark on crude linked contracts.

Only 2% Air India staff content with job after merger, says survey

Only 2% Air India staff content with job after merger, says survey

Rediff.com1 Jun 2015

Survey says about 60% were unhappy with the union of the two carriers.

GST: Decision on ITC may hit cash flow, fears India Inc

GST: Decision on ITC may hit cash flow, fears India Inc

Rediff.com20 Dec 2019

The new restriction will be challenging for businesses, as they will have to do regular follow-ups with their suppliers.

DHFL auditors raise red flags over financial numbers, loans

DHFL auditors raise red flags over financial numbers, loans

Rediff.com23 Jul 2019

The auditors also said that the company is in the process of monetising its assets and has submitted a draft resolution plan to the consortium of bankers for restructuring its borrowings and also there have been discussions for stake sale by the promoters to a strategic partner with further equity infusion.

Undeterred by Maggi issue, other product launches double

Undeterred by Maggi issue, other product launches double

Rediff.com6 Oct 2015

There were 52 launches during January-June 2015, compared with 29 in the year-ago period and 32 in 2013.