DIPAM ropes in L&L Partners as legal advisor for Concor divestment
The government holds 54.8 per cent stake in Concor, which comes under the railways ministry.
ET ILC members discuss possibility of integrated healthcare system in India
Integrated healthcare at a macro level means managing the overall...
Audit firms eye global tie-ups to upgrade skills, build bandwidth
The primary reason, for global tie-ups, being cited is the growing complexi...
Government appoints Deloitte as advisor for BPCL stake sale
The government approved the strategic disinvestment in BPCL last week, along with transfer of management control, but excluding the stake in Numaligarh Refinery, which will be carved out of BPCL before privatisation. Completion of the stake sale could help the government mobilise more than Rs 60,000 crore, or $8.4 billion, and narrow the fiscal deficit.
Digital risk management strategy required: Deloitte India
The ‘Through the Risk Lens’ paper says that half of the workforce is likely to be millennials or gen Z workers by 2020, and by 2025, a fifth of the workforce will be contract workers. Furthermore, AI will displace 40% of the world’s current tasks, similar disruptors will help create 1.75 million technology-enabled jobs.
ET Awards: Remember, we start up, start more, start again, says Deloitte's N Venkatram
The focus of the evening, that saw presence of the biggest industrialists, CEOs, entrepreneurs and politicians of the country, was how to steer the economy for the future.
Allcargo Logistics buys controlling stake in Gati
The all-cash deal will see the company eventually acquiring about 45% in Gati through a direct purchase of the promoters’ stake and a subsequent open offer. It values the company at about Rs 1,000 crore. Allcargo is funding this deal through a mix of internal accruals and debt. Internal accrual is through monetisation of non-core assets including land parcels.
ET Awards 2019: Indian business is resilient, no doomsday scenario, says N Venkatram of Deloitte India
N. Venkatram, CEO, Deloitte India says Indian business is resilient and there's no doomsday scenario. He was delivering his address at the E...
Allcargo plans to acquire up to 50% stake in Gati
Gati’s promoters owned 17.78 per cent in the company as of September end.
ET Awards 2019: Indian business is resilient, no doomsday scenario, says N. Venkatram of Deloitte
N. Venkatram, CEO, Deloitte India says Indian business is resilient and there's no doomsday scenario at the ET Corporate Excellence Awards 2...
GST structure to be reviewed on revenue concerns
Move comes against the backdrop of states complaining about Centre delaying compensation payments.
Big four face investor calls for tougher climate scrutiny
The case for tighter auditing has been bolstered by public statements from regulators and accounting watchdogs highlighting the potentially systemic risks that climate change could pose. The investors said they were concerned that climate change was being “ignored” in accounting and audits. The letter was seen by Reuters and its contents are being made public for the first time.
SP Jain Global completes campus placements; top offer Rs 45 lakh for GMBA
The highest offer for the GMBA program is Rs 45 lakh and the average offer Rs 20 lakh. The Highest Salary in 2019 witnessed a 10% increase as compared to 2018. The Global MBA program is designed for professionals with 3+ years of work experience and the batch has an average work experience of over 6 years.
100% FDI in coal mining to help India achieve 300 MT steel output target: Deloitte
In August, the government had allowed 100 per cent foreign investment in coal mining and contract manufacturing. Digitisation in mining is an important productivity lever with key advances in automation and analytics which is transforming mining, Andrew Swart, Global leader, Mining & Metal, Deloitte said.
Kenya risks losing port to China casting shadow over India's outreach in Eastern Africa
China is now the single largest financier for infrastructure in Africa, funding one-in-five projects and constructing every third one, according to a Deloitte report. Forty out of Africa’s 55 states, along with African Union have signed memoranda of understanding with Beijing to finance and build modern highways, airports, and railways.
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