Page 4 - Ernst & Young

NFRA probing Adani Group's auditor SR Batliboi, an EY member firm

In a statement on Wednesday, Adani Group rejected any suggestions that the company and its business have not acted as per the regulations and accounting standards of the jurisdictions they operated in

SR Batliboi, an Adani Group auditor and EY member firm, faces NFRA inquiry

The National Financial Reporting Authority, or NFRA, has in recent weeks started an inquiry into one of the member firms of EY in India

Sebi empanels 12 entities to provide onsite digital forensic services

Capital markets regulator Sebi has empanelled 12 entities, including Ernst & Young LLP and KPMG Assurance and Consulting Services LLP, to provide assistance to its search team for onsite data acquisition during search and seizure operations. The other empanelled entities are -- Baker Tilly Business Advisory Services, Cybermate Forensics & Data Security Solutions, Cyint Technologies, ECS Info Tech, Innefu Labs, Mahen Technologies, Nangia & Co LLP, Netrika Consulting India, Pelorus Technologies and Systools Software, according to a notice by Sebi last week. They have been empanelled for providing digital forensic services to the regulator following the completion of the empanelment process. The empanelment will be valid for a period of two years. In August, the Securities and Exchange Board of India (Sebi) invited applications for empanelment of service providers experienced in the field of digital forensic services. The applications were invited from eligible service ...

Big Four accounting firms make $4 bn from India biz; expand into consulting

The Big Four have overhauled their operations over the past few years to gain a wider share in the high-demand advisory and technology services firms

86% GCCs keeping service expansion as top priority over the next 1 year: EY

EY, in a report, added that the leading agenda of these GCCs continues to be driving enterprise-wide digital transformation

EY announces launch of AI platform EY.ai, $1.4bn invested over 18 mths

EY's announcement of launching a dedicated AI platform comes as players in the IT services space has also announced billions of dollar investment in creating expertise

DeepTech SaaS firms can unlock a CAGR of up to 50%: Nasscom report

The study by industry body Nasscom in collaboration with EY India found that one out of four Indian B2B SaaS companies was focused on new inventions in DeepTech

Global capability centres expand operations in India, hiring more IT talent

GCCs are expected to hire around 2.6 million people in India by the end of 2030, according to a report by EY

PE/VCs investment in India falls 44% to $3.5 billion, says report

The dedicated funds had invested $6.2 billion in May 2022 and $7.4 billion in the preceding month of April 2023, representing a dip of 44 per cent and 52 per cent, respectively

Indian GCC market size to grow 144% to $110 billion by 2030: EY report

The GCC industry is expected to hire around 2.6 million people in India by the end of this decade

Nearly 81% firms face shortage of skilled tech workers: EY and iMocha

Only 19 per cent reported having established skill taxonomy; 43 per cent have conducted skill benchmarking at the employee level

80% firms worldwide face shortage of workforce with apt tech skills: Study

India in good position to tackle shortage, has 16% of technology talent market

Audit intricacy, access to talent make splitting audit-non-audit biz tough

Experts say audit no longer simplistic, involves analytics, AI, automation, forensics and tax expertise; Greater audit quality needs variety of skills found in multidisciplinary structure

Big 4 push the tech button, look to expand IT service presence in India

The big four are best known for their accounting and audit services globally. However, with time, they have added several more services to their work

Ernst & Young to slash 3,000 jobs in US due to 'overcapacity': Report

Joining the 'Big Four' consulting firms, global professional services provider Ernst & Young (EY) will slash around 3,000 jobs or 5 per cent of its workforce in the US, the media reported.

20,000 PSU non-life insurers employees should be deployed in marketing: EY

There could be a huge influx of insurance marketing personnel in the market as nearly 20,000 employees of the government-owned general insurance companies are recommended be deployed in that role, as per consultancy firm Ernst & Young's (EY) report.

EY calls off splitting audit and consulting units as yearlong talks fail

The firm intended to spin off its consulting business and much of its tax practice into a stand-alone public company

Highest salary offered at IIM Kozhikode touches Rs 67L, average at Rs 31L

An IT-sector company offered the top salary of Rs 67.02 lakh on the campus. This was higher than the top salary of Rs 61.5 lakh last year

Communist party members in EY China asked to wear party badges in office

The demand was made by the party's branch committee at the company ahead of China's annual parliamentary meeting

EY announces 11 finalists for the 24th EY Entrepreneur of the Year Awards

K P Singh, Chairman, DLF Group, will be felicitated with the Lifetime Achievement Award