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How government’s decision to extend PLI scheme to 10 new sectors will boost local manufacturing, provide required push
Thu, Nov 12, 2020
The Union Cabinet on Wednesday approved a production-linked incentive scheme worth around Rs 1.45 lakh crore for 10 sectors – a move that has been welcomed by companies around segments.
Deloitte takes big step, shuts 4 offices, asks all staff to work from home - no job cuts!
Thu, Oct 22, 2020
Deloitte Touche Tohmatsu Limited (Deloitte) will shut down 4 of its 50 British offices in a move to cut down its real estate expenses. The multi-national consulting and advisory firm will retain all the employees from its four offices while granting them permanent work-from-home contracts. Yes, that translates into no job cuts
How trust built by kiranas during lockdown will be a big boost for locally sourced items
Sun, May 31, 2020
According to a survey, majority of the consumers in India want to buy from locally sourced items going forward that reflects the trust built by kiranas during the lockdown.
Disinvestment: Deloitte appointed as advisor for BPCL privatisation
Fri, Nov 29, 2019
The government has set a tough divestment target of Rs 1,05,000 crore for 2019-20. Some global petrochemical giants, including Saudi Aramco have expressed interest in the assets of BPCL and are expected to bid.
IL&FS Case: NCLT rejects Deloitte, BSR & Associates arm's no-jurisdiction plea
Fri, Aug 09, 2019
NCLT has today rejected an appeal by the auditors of debt-laden cpmpany (IL&FS), challenging the court’s jurisdiction to ban them for alleged abetment of financial fraud.
Serious Fraud Investigation Office lens on IL&FS auditors
Sun, Jun 09, 2019
India’s Serious Fraud Investigation Office (SFIO) has now turned the lens on auditors of Infrastructure Leasing and Financial Services’ (IL&FS) holding company and IL&FS Transportation Network, in what could be the biggest probe involving about 35 audit firms including some of the biggest Indian firms.
Deloitte to provide education, skills training to 10 mn girls, women by 2030 in India
Sun, Feb 24, 2019
It said that globally, the WorldClass initiative seeks to prepare 50 million people to be better equipped for the future of work, in line with the United Nations' Sustainable Development Goals (SDGs).
Joint audits likely to give fillip to Indian entities
Sun, Jan 14, 2018
The government's decision is seen as a significant step towards boosting the prospects of local auditing firms
Microsoft India to nurture unicorn firms, start-up community in 2018: Anant Maheshwari, Microsoft
Fri, Dec 15, 2017
Microsoft globally, including in India, has been uniquely positioned and has done a lot of work over the last 40 years to build a massive partner eco-system that is serving SMBs.
India second most complex tax jurisdiction: Deloitte
Mon, May 29, 2017
"In these two jurisdictions (China and India), well over half of the respondents believe complexity in the regime has increased in the last 3 years," it said.
53% Indians bought smartphones online in 2016: Survey
Wed, Dec 28, 2016
While only 39% of smartphone owners preferred to buy it through retail outlets in 2016.
With 950 million Indians without internet digital drive needs reality check: Report
Mon, Dec 26, 2016
Internet penetration in India still remains to be one of the biggest problem to moving to a cashless economy.
Top four firms corner 26% of audit business in India
Mon, Sep 19, 2016
'Big 4 auditing firms’ - Deloitte, Ernest & Young Group, KPMG and Price Waterhouse Group (PwC) continue to dominate the Indian market with 26% share by volume and 30% by overall fee.
Industry lauds 7.6% GDP growth; expects more in current fiscal
Tue, May 31, 2016
CII said that the high growth in the fourth quarter of 2015-16 supports its prognosis that the economy would "achieve close to 8%" growth in 2016-17.
Find mobile advertising annoying? You are not alone
Wed, May 18, 2016
According to a Deloitte report, the share of mobile advertising spends is 2 to 4% of the total media expenditure at present.
Sanjeev Gupta's Liberty House to submit bid for Tata Steel
Tue, May 03, 2016
Australian bank Macquarie is advising Liberty and is also considered a potential financial backer of any takeover.