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Govt puts some of country's top audit firms on its watch list

The audit regulator seeks info on audit processes, number of clients, non-audit work done for them and fees.


Dec 14, 2019, 11.40 AM IST



MyGate makes key leadership hires

These key hires come as the company embarks on an aggressive expansion drive to grow to 15 million homes across 40 cities in the next 18 months.

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  • On an average, SIS has added 1,800 new jobs each month between April and October 2019. That gives us a run rate of over 20,000-25,000 new hires for the full year. I do not see any material reason for the trend witnessed in the first nine months to change. A very recession resistant demand is demonstrated q-o-q.

    Including the accepted Pre-Placement Offers (PPOs), a total of 848 students have already been placed at the end of Phase I Placements for 2019-20 Academic Year. This is around the same as last year (2018-19) when 844 students had been placed at the end of Phase I, the institute said. The jobs include 34 offers to work from locations abroad, the institute said in a release.

    The new regulations require all those industries that have benefited from the government’s incentives and concessions to give “priority” to locals, who are residents of Karnataka for 15 years, while recruiting for jobs at level 3 and 4.

    CLSA also lost a team of researchers in China to Credit Suisse Group AG this year.

    "The government has taken multiple initiatives like easing FDI norms, to boost retail sector, which have led to an increase in retail activity by way of expansion of local chains and malls. The only way to create workforce for this industry is through apprenticeship," TeamLease Skill University said in the report.

    The govt is of the view that though most PSUs are hiring apprentices for technical and manufacturing job roles, the number of apprentices in the service sector is lagging behind. The aim is to fill the gap in supply and demand for skilled workforce and meet the aspirations of the Indian youth through gaining on-the-job training.

    A company source said the firm is looking to double the scale of business across parameters such as revenue, customers, driver-partners and the number of rides. Ola said it is "set to launch in 11 new locations each in Australia and New Zealand, taking its total presence across 33 cities in the region".

    The company is making all efforts to achieve its mission, 'Better Food for Everyone', Zomato founder Deepinder Goyal said. We started 11 years ago and now present in 550 cities in India and we serve around 48 million people every month.

    The top reasons for people ordering-in include convenience, breaking the monotony and celebrating a special occasion.

    Lin added that the launch of the second centre in India is a reiteration of the company's commitment to the Indian market.

    Students at these engineering colleges have bagged more offers and higher pay packages in the placement season that started in August, compared with the previous years.

    The five software services providers hired over 64,332 employees in the six months to September, compared to 54,642 people in the same period last year, according to an ET analysis of employee hiring at these companies. The digital business contributes to over a third of revenue for most IT companies.

    Samsung will hire students from multiple streams including computer science, electronics and communications, electrical engineering, mathematics and computing, instrumentation and information technology, the company said in a statement.

    International job offers for the Class of 2020 during final placements have jumped upwards of 60% at IIT Madras and IIT-Hyderabad, while the IITs at Kanpur, Kharagpur, BHU and Guwahati have seen a surge of 100-400%. The 2020 batch is being offered more positions in locations such as the United States, Singapore and Japan, compared to the 2019 batch

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