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Allow companies to capitalise Covid losses: Deloitte
To ascertain whether the business will be in a position to repay, Deloitte recommends the framework provided under RBI’s June 2019 circular for dealing with stressed companies.
In Covid-19 times, 200,000 reasons for job market cheer
Some of the top employers are Amazon, Google, Tech Mahindra, Walmart Labs, VMWare, IB...
Covid-19: Cos try to save jobs while struggling to meet payroll commitments
Buffeted by the turmoil unleashed by the Covid-19 pandemic, a bun...
Average pay hikes for India Inc likely to be around 7.8% for 2020: Deloitte Survey
While the projected salary increment figure reflects an overall simple average, when adjusted for company size (measured via headcount), salary increment decreases to 7.1%. If the IT sector is excluded, headcount weighted projected pay increase drops further to 6.8%. This implies that larger organisations are being more cautious with respect to salary increments.
Recovery is 12-24 months away at the minimum, says Deloitte India CEO
Better to extend present lockdown by 15 days than having to go for a second lockdown, says N Venkatram.
Work-from-home going to stay, even after Covid-19 scare is over
HR heads see it as a win-win solution helping employees save on commute time and cos to cut establishment cost, raising productivity. HR heads also say arrangements such as hot-desking will become more common, bringing down establishment costs.
IFIN case: Big win for Deloitte, BSR & Co
The Bombay High Court on Tuesday ruled the ministry of corporate affairs (MCA) cannot take action against auditors over their role in the alleged financial irregularities at IFIN in a major relief to Deloitte and BSR & Associates LLP.
Is work from home stressful? Companies rope in psychiatrists, experts for counselling
Microsoft, P&G and Deloitte are among companies that have sought professional assistance to help employees tackle the turmoil due to social distancing, now extended for three weeks, and working remotely.
Fearing taxman, many companies are getting tax planning done before raising funds abroad
The possibilities include listing some of their Indian entities or creating a holding structure outside India. These companies and their tax consultants are studying ways to minimise their tax outgo, experts said.
Why HR leaders are betting high on behavioural skills
Across the board, a clear position emerges among HR leaders: the old frameworks, policies and procedures will no longer work, going forward. Arriving at new frameworks for a post-COVID paradigm requires CHROs not only to invest afresh in employees but introspect and reorient themselves to the unfolding uncertainties of the future.
Amid paycuts and layoffs, some companies chose to shield staff during the Covid storm
Tata Consultancy Services (TCS), Wipro, and Infosys have deferred hikes. Reliance and Oyo have cut pays.
Retailers need to invest in advanced technologies: Deloitte
Retailers are striving to offer a seamless shopping experience through data-driven insights and analysis, it added. Technology has led to a paradigm shift in the way retailers operate and transformed the entire shopping journey of consumers, the report said.
Deloitte India announces promotions, promotes 30 directors to partners
With the new announcements, Deloitte’s partner tally crosses 480. The promotions were across the five verticals — audit, tax, consulting, financial services and risk— but audit division saw the maximum number of partner induction (over 10).
Deloitte India Partner believes words matter in the time of coronavirus crisis
Kindness amid the crisis and watching your words is a truth Nathan SV likes.
Auto industry may cut R&D spending, exit unprofitable segments due to coronavirus: Deloitte
The domestic automotive industry is likely to witness a prolonged U-shape recovery.
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