Deloitte India News

Companies

Big Four feel the heat as promotions drop, clients tighten purse strings

Consulting firms KPMG, EY, PwC, and Deloitte are adjusting promotions and salary increases in response to a global economic slowdown. Deloitte saw an 8% drop in promotions, while EY reported a decrease in partner promotions, indicating a cautious approach to hiring and compensation.

3 min read3 Jun 2025
Companies

FMCG firms have been hunting for deals. Their appetite is only growing bigger

Dabur India, Marico and Emami will continue to scout for M&As that help them enter new categories such as premium personal care and wellness, build a digital-first portfolio, and expand reach in the traditional market

5 min read17 May 2025
Economy

India to continue capex focus to drive economic growth amid global caution, says Deloitte’s Rumki Majumdar

Deloitte India's Rumki Majumdar said that she believes capital expenditure will remain a key focus for the Indian government as there is still significant ground to cover in reducing logistics costs and advancing infrastructure development.

2 min read28 Apr 2025
Companies

NFRA penalises Deloitte for alleged lapses in ZEEL audit, debars two partners

NFRA has alleged in its order that despite the materiality of the transaction, which required rigorous examination, Deloitte issued unmodified audit opinions for both financial years.

3 min read24 Dec 2024
Economy

India expected to mark 7% growth amid headwinds this fiscal: Deloitte Asia CEO

India is expected to clock a 7 per cent growth in financial 2024-25 despite the headwinds as the country continues to hold the bright spot in a gloomy global outlook, reported the news agency PTI quoting Romal Shetty, Deloitte South Asia Chief Executive Officer (CEO) on Sunday.

2 min read22 Sep 2024
Companies

EY sheds US audit clients in response to shortfalls

The accounting firm, which has led market share in U.S. public-company auditing for the past decade, had 84 companies depart since the start of 2023, at least 50 more than at each of its Big Four peers.

5 min read23 Aug 2024
From:
Industry

EY to PwC, KPMG to Deloitte, consultancy firms are witnessing a war for talent

Consulting and audit firms enter rampant poaching as senior level hiring continues

3 min read19 Apr 2024
Companies

Deloitte appoints former Bharti Airtel CEO Manoj Kohli as senior advisor

Kohli also served as the Country Head of Softbank India, playing a pivotal role in expanding the investment management firm's presence in the Indian digital start-up market.

1 min read29 Jun 2023
Videos

What is Elon doing with Twitter | Mint Explains | Mint

Twitter's blue tick verification badge used to be a coveted status symbol on the social media platform. But ever since Elon Musk took over as the Chief Twit, things have gone haywire. In this video, we'll explore how Musk's decision to monetize the blue tick led to confusion, chaos, and controversy. You'll learn about: - The origin and evolution of Twitter's verification system - The features and benefits of Twitter Blue, the subscription plan that lets anyone get a blue tick - The problems and pitfalls of Twitter Blue, such as impersonator accounts, legacy verifications, and false claims - The mysterious exceptions and reversals that Musk made for some accounts - The impact of Musk's takeover on Twitter's users, advertisers, and competitors If you're curious about how Elon Musk changed Twitter forever, watch this video till the end. And don't forget to like, share, and subscribe for more videos like this!

12 Jun 2023
News

Less than a third of Indian businesses confident of ESG preparedness: Deloitte Survey

The survey, which assessed the readiness of 150 organizations for ESG policies, regulations, disclosures, and compliance, highlighted a significant gap between the commitment to these principles and the actual preparedness for implementation

1 min read18 May 2023