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Explained: Why Deloitte Faced Rs 2 Crore Penalty Over Zee Audit
The National Financial Reporting Authority (NFRA) has slapped a penalty of Rs 2 crore on Deloitte Haskins & Sells LLP, along with a fine on two chartered accountants for lapses in the audit of Zee Entertainment Enterprises Ltd (ZEEL).
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Financial Watchdog NFRA Fines Deloitte Rs 2 Crore Over Zee Audit
The National Financial Reporting Authority (NFRA) has imposed a fine of Rs 2 crore on Deloitte Haskins & Sells LLP as well as penalties on two chartered accountants for lapses in the auditing of Zee Entertainment Enterprises Ltd
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After EY Employee Death, Deloitte Forms Panel To Review People Practices
Amid a social media storm over the death of a young employee at tax consultancy major EY allegedly due to work pressure, Deloitte has formed a three-member external committee.
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After EY Employee's Death, Deloitte Ex-Staffer Shares "Tough" Experience
Days after the tragic death of 26-year-old Ernst & Young (EY) consultant Anna Sebastian allegedly due to "work stress", a former Deloitte employee has come forward to share his own experience of toxic work culture.
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Average Salary Of A CEO In India Is...
The average CEO compensation in India stood at Rs 13.8 crore, up 40 per cent compared with pre-COVID-19 times, and more than half of the overall remuneration is linked to short-term and long-term incentives, says a Deloitte report.
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Deloitte India Talent Outlook 2024: Know The Expected Corporate Salary Hike
Deloitte India's latest report predicts a 9% salary increase for corporate executives in 2024. The report, titled 'Deloitte India Talent Outlook 2024', foresees increments better than pre-Covid levels across sectors, except for IT and BPOs.
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How Deloitte Failed To See Massive $470 Million Scam By Nigerian Firm
An international arm of auditing firm Deloitte that had certified a Nigerian company Tingo - accused of fraud by Hindenburg Research - as having over $470 million in its bank had only $50.
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Adani Ports Accepts Resignation Of Firm Auditor Deloitte
Deloitte has resigned as auditor of the Adani Group's port company, with the firm run by billionaire Gautam Adani saying the auditor wanted a wider remit over other firms in the conglomerate.
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India GDP To Grow 6.3% In FY24, Economic Prospects Brighten: Deloitte
India is likely to grow 6-6.3 per cent in the current fiscal year ending March 31, 2024, Deloitte India said in its economic outlook, forecasting growth surpassing 7 per cent over the next two years if global uncertainties recede.
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Government Orders Probe on Edtech Firm Byju's Over Financial Issues
The corporate affairs ministry has ordered an inspection of the books of Byju's, a senior government official said on Monday amid the edtech major facing multiple headwinds, including delay in submitting financial statements and concerns over corporate governance issues. The inspection of Bengaluru-based Think & Learn, which operates under the bran...
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Byju's Close to Achieving Profitability at the Group Level, Claims CEO
Edtech major Byju's is growing slowly but sustainably and is close to achieving profitability at the group level, the company's CEO Byju Raveendran said on Thursday. The company organised a town hall with Raveendran to allay apprehensions about the uncertainty around the company's growth and its future.
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India's Online Retail Sector Likely to Touch $325 Billion Market Size by 2030: Deloitte Report
The country's online retail market size may touch $325 billion (roughly Rs. 26,65,081 crore) by 2030 against $70 billion (roughly Rs. 5,74,017 crore) in 2022, mainly due to rapid growth of e-commerce in tier-2 and tier-3 cities, according to a Deloitte India report released on Tuesday.
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Byju's Ropes In New Auditor After Deloitte Resigns
Audit firm Deloitte has resigned as auditors of Byju's citing a delay in submission of financial statements while almost simultaneously three of the edtech firm's board members have quit in what is being seen as a deepening crisis at the decacorn.
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Man Calls Hitler ''Charismatic'' In LinkedIn Post, Deletes Account After Backlash
Neerabh Mehrotra, a former Deloitte India employee, called Hitler ''charismatic, intellectual and a magnetic speaker'' in a LinkedIn post.
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Indian American Punit Renjen Gets Key Role At Top German Firm SAP
Indian American and former Deloitte Global CEO Punit Renjen has been appointed a member of the prestigious SAP Supervisory Board and named its deputy chairperson.
 "Adani Ports Accepts Resignation Of Firm Auditor Deloitte")
-
Explained: Why Deloitte Faced Rs 2 Crore Penalty Over Zee Audit
The National Financial Reporting Authority (NFRA) has slapped a penalty of Rs 2 crore on Deloitte Haskins & Sells LLP, along with a fine on two chartered accountants for lapses in the audit of Zee Entertainment Enterprises Ltd (ZEEL).
-
Financial Watchdog NFRA Fines Deloitte Rs 2 Crore Over Zee Audit
The National Financial Reporting Authority (NFRA) has imposed a fine of Rs 2 crore on Deloitte Haskins & Sells LLP as well as penalties on two chartered accountants for lapses in the auditing of Zee Entertainment Enterprises Ltd
-
After EY Employee Death, Deloitte Forms Panel To Review People Practices
Amid a social media storm over the death of a young employee at tax consultancy major EY allegedly due to work pressure, Deloitte has formed a three-member external committee.
-
After EY Employee's Death, Deloitte Ex-Staffer Shares "Tough" Experience
Days after the tragic death of 26-year-old Ernst & Young (EY) consultant Anna Sebastian allegedly due to "work stress", a former Deloitte employee has come forward to share his own experience of toxic work culture.
-
Average Salary Of A CEO In India Is...
The average CEO compensation in India stood at Rs 13.8 crore, up 40 per cent compared with pre-COVID-19 times, and more than half of the overall remuneration is linked to short-term and long-term incentives, says a Deloitte report.
-
Deloitte India Talent Outlook 2024: Know The Expected Corporate Salary Hike
Deloitte India's latest report predicts a 9% salary increase for corporate executives in 2024. The report, titled 'Deloitte India Talent Outlook 2024', foresees increments better than pre-Covid levels across sectors, except for IT and BPOs.
-
How Deloitte Failed To See Massive $470 Million Scam By Nigerian Firm
An international arm of auditing firm Deloitte that had certified a Nigerian company Tingo - accused of fraud by Hindenburg Research - as having over $470 million in its bank had only $50.
-
Adani Ports Accepts Resignation Of Firm Auditor Deloitte
Deloitte has resigned as auditor of the Adani Group's port company, with the firm run by billionaire Gautam Adani saying the auditor wanted a wider remit over other firms in the conglomerate.
-
India GDP To Grow 6.3% In FY24, Economic Prospects Brighten: Deloitte
India is likely to grow 6-6.3 per cent in the current fiscal year ending March 31, 2024, Deloitte India said in its economic outlook, forecasting growth surpassing 7 per cent over the next two years if global uncertainties recede.
-
Government Orders Probe on Edtech Firm Byju's Over Financial Issues
The corporate affairs ministry has ordered an inspection of the books of Byju's, a senior government official said on Monday amid the edtech major facing multiple headwinds, including delay in submitting financial statements and concerns over corporate governance issues. The inspection of Bengaluru-based Think & Learn, which operates under the bran...
-
Byju's Close to Achieving Profitability at the Group Level, Claims CEO
Edtech major Byju's is growing slowly but sustainably and is close to achieving profitability at the group level, the company's CEO Byju Raveendran said on Thursday. The company organised a town hall with Raveendran to allay apprehensions about the uncertainty around the company's growth and its future.
-
India's Online Retail Sector Likely to Touch $325 Billion Market Size by 2030: Deloitte Report
The country's online retail market size may touch $325 billion (roughly Rs. 26,65,081 crore) by 2030 against $70 billion (roughly Rs. 5,74,017 crore) in 2022, mainly due to rapid growth of e-commerce in tier-2 and tier-3 cities, according to a Deloitte India report released on Tuesday.
-
Byju's Ropes In New Auditor After Deloitte Resigns
Audit firm Deloitte has resigned as auditors of Byju's citing a delay in submission of financial statements while almost simultaneously three of the edtech firm's board members have quit in what is being seen as a deepening crisis at the decacorn.
-
Man Calls Hitler ''Charismatic'' In LinkedIn Post, Deletes Account After Backlash
Neerabh Mehrotra, a former Deloitte India employee, called Hitler ''charismatic, intellectual and a magnetic speaker'' in a LinkedIn post.
-
Indian American Punit Renjen Gets Key Role At Top German Firm SAP
Indian American and former Deloitte Global CEO Punit Renjen has been appointed a member of the prestigious SAP Supervisory Board and named its deputy chairperson.
