Page 10 - Deloitte

NFRA bans former Deloitte India partner for 7 years due to IL&FS case

Authority says independence of the statutory auditor in mind and appearance was totally compromised, accuses Udayan Sen of intentional reckless behaviour

HR dept has its work cut out as companies manage layoffs, work from home

Inducting new employees virtually and deciding about earned leave: HR managers have lots of decisions to make.

Separate audit units from other biz by June 2024: UK watchdog to Big Four

Auditors are under greater regulatory scrutiny than ever after a serious of high-profile lapses in recent years

Connected cars to gain traction in Indian market, says Deloitte's survey

The survey revealed that two out of three Indians are willing to pay up to Rs 50,000 for connected technologies.

Google sends users to news sites 24 bn times a month, helps publishers grow

Deloitte puts a value of each click for large publishers at roughly between 4-7 US cents

E-way bills in May treble from April levels; Still behind pre-March levels

This indicates that GST revenue for May, but collected in June, could recover after reporting a close to 85% shortfall in April vis-a-vis last year

Franklin Templeton Mutual Fund voting to commence from June 9

Trustees advise unitholders to vote 'Yes' to avoid delay in wind-up process

Franklin Templeton mutual fund investors can pick Deloitte over trustees

Unit holders will vote to moneitse the scheme assets.

Indian consumers top anxiety list, show maximum wariness about health, job

The state of the Indian consumer has been the subject of attention of a number of agencies in recent weeks

Provide govt-backed Rs 3 trn liquidity line to coronavirus-hit unit: FICCI

Govt support to banks estimated at upto Rs 40,000 cr over 5 years

Covid-19 fear: Carmakers change track to online sales, contactless delivery

Amid shuttered dealerships and deserted roads, leading car brands including Mercedes Benz, Honda Cars, Volkswagen, and BMW have embarked on campaigns and dedicated online portals

Bombay HC quashes criminal charges against ex-IFIN auditor Deloitte & KPMG

Grants govt eight weeks' time to appeal in Supreme Court despite opposition from the auditor's lawyers

Audit space cannot have 'one-size fits all' approach: Corp Affairs Secy

The ICAI is the apex body of chartered accountants. Overseas audit entities operate in the country through network firms model

IL&FS case: NCLAT rejects Deloitte, KPMG auditors plea against impleadment

The NCLAT on Wednesday dismissed the pleas of auditors of debt-ridden IL&FS -- Deloitte Haskins & Sells and KPMG arm BSR & Associates -- along with independent directors challenging their impleadment in the case of alleged fraud at a group firm IFIN. A two-member bench of the NCLAT upheld the directions of the Mumbai bench of the National Company Law Tribunal, saying it can not be termed as "illegal". The NCLT had directed them to implead the auditors and independent directors as party. The NCLT is empowered to pass order to implead them under Section 242 of the Companies Act, 2013 in a petition under Section 241(2) if "it forms opinion that the affairs of the company have been conducted in a manner prejudicial to the public interest", the appellate tribunal further said. "Once such opinion is formed by the Tribunal, it may pass any order as it deem fit and proper,"said the National Company Law Appellate Tribunal (NCLAT) bench headed by Chairperson Justice S J ...

NCLAT dismisses Deloitte, KPMG pleas against impleadment in IL&FS case

The National Company Law Appellate Tribunal (NCLAT) on Wednesday dismissed the pleas of debt-ridden IL&FS auditors -- Deloitte Haskins & Sells and KPMG arm BSR & Associates -- challenging their impleadment in the case involving alleged fraud in IFIN, a subsidiary of IL&FS. A two-member NCLAT bench led by Chairman Justice S J Mukhopadhaya dismissed the pleas of auditors and other independent directors. The appellate tribunal, however, granted a relief to both auditors and other independent directors by allowing the operation of its earlier interim order passed on July 29, 2019 for two weeks. On July 29, the NCLAT stayed the order of the Mumbai bench of the National Company Law Tribunal (NCLT) to implead the auditors and the independent directors of IL&FS. Earlier on July 23, the NCLT had allowed the plea of the Ministry of Corporate Affairs (MCA) to implead the auditors and independent directors of IFIN. "On the request of the counsel, we allow (that) interim order .

Deloitte India makes presentation to telecom department on AGR dues

Tata Sons Chairman N Chandrasekaran meets Ravi Shankar Prasad to discuss the issue

NFRA to serve notice on Deloitte in IL&FS Financial Services case

NFRA would seek Deloitte's response on its findings soon

After PW India, Deloitte refuses to offer non-audit services to clients

Deloitte India would not provide non-audit services to all listed companies and other entities where public money is involved such as banks and insurance companies, if they are its audit clients.

Deloitte positive about Indian mkt, to create 75,000 jobs in 3 yrs: CEO

The company currently has over 50,000 people in India

Zee Entertainment Q3 profit before tax slips 37% as ad revenues dip

The advertising revenue for the quarter came in at Rs 1,230.8 crore, down 15.8% YoY