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After 18 months delay, BYJU's is all set to issue its financial report for FY21
Last valued at $22 billion, the company had registered a revenue of Rs 2,434 crore and a net profit of Rs 51 crores in its FY20 financial report

UP: Government and Deloitte India plans to make $1 trillion economy
Deloitte India was asked to go through the current policy related to various sectors, and give a report on the amendments required so that it can be helpful in bringing investment to the state and in the development of the region

With newspaper advertisements, Western multinationals congratulate Hong Kong's new leader John Lee
The 'Big Four' accountancy firms, KPMG, Deloitte, EY and PwC, were among western multinationals placing adverts, as were city carrier Cathay Pacific and conglomerates Swire and Jardine Matheson

India's banking, financial institutions struggling to deal with increasing fraud: Deloitte survey
Key reasons identified for the increase in fraud incidents over the last two years include large-scale remote working models, an increase in customers using non-branch banking channels and the limited/ineffective use of forensic analytics tools to identify potential red flags

India must act on climate change to prevent $35 trillion loss, could gain $11 trillion: Deloitte report
Over the next 50 years, the top five most impacted industries in terms of economic activity are expected to incur a significant share of climate-related loss.

Premier League clubs suffer losses of nearly $1.4 billion during COVID-19 pandemic
A cumulative pre-tax loss of almost $1.4 billion was also the largest in Premier League history.

Brentford to earn over $200 million in additional revenue in event of Premier League qualification, says study
If Brentford survive their first season, the additional revenue would rise to 265 million pounds ($345 million) over five years.

Premier League clubs post record 5.2 billion pounds revenue but face COVID-19 impact: Report
Premier League reinforced its reputation as the richest football league in the world by posting a 7% year-on-year increase in revenue, primarily driven by UEFA distributions to the clubs.

COVID-19 impact: Indian consumers exercise greater decision-making in buying, spending after pandemic outbreak: Deloitte
Consumers are no longer rushing about being home stocked with more than they immediately need.

Coronavirus Lockdown: Salary cut imminent; 27 out of top 100 companies can't sustain current wage bill, says Deloitte study
As many as 27 out of the top 100 companies listed on the National Stock Exchange (NSE) will not be able to sustain current wage bill if their revenue dip by 30 percent or more due to a nationwide lockdown and imminent salary cuts, a Deloitte study said

Bombay HC quashes prosecution against 2 former IL&FS audit firms; says SFIO complaint filed before special court bad in law
In June last year, the ministry of corporate affairs had moved the NCLT against BSR and some of the then external auditors of IL&FS alleging professional misconduct.

RCom creditors panel to vote on Rs 23,000-cr resolution plans on 24 February; loans of Chinese lenders to reduce by nearly 65%
RCom's secured debt is estimated to be around Rs 33,000 crore. Lenders submitted claims of around Rs 49,000 crore in August.

Deloitte stops non-audit services to public interest entities in India; says move to increase people's confidence in auditor independence
In a statement, Deloitte said this voluntary action is in the spirit of self-regulation and extends beyond non-audit services permissible under prevailing rules and regulations in India.

Deloitte optimistic about India's future, to create 75,000 jobs in 3 years: CEO Punit Renjen
Expressing optimism in the Indian market, Deloitte Global CEO Punit Renjen on Monday said the company is committed to creating 75,000 jobs in the country in three years

Coffee Day Enterprises to table probe report on alleged suicide of founder VG Siddhartha soon
VG Siddhartha was confirmed dead on 31 July, 2019 after his body was found in the Netravati river in Dakshina Kannada district of Karnataka, a day after he went missing

Infosys whistleblower complaint: Shades of Satyam fiasco; US is epicentre of both firms, but auditors can still redeem themselves
The US SEC is taking up cudgels for American investors. It is in the fitness of things that SEBI should bat for the Indian investors in Infosys

Europe's 'big five' leagues spend over $6 billion in transfer window, reports Deloitte
The outlay for transfer window was 0.9 billion euros more than the previous record set in 2018, with England’s Premier League clubs spending 1.55 billion euros with a net spend of 635 million euros.

Hong Kong banks gird for online-only onslaught with high deposit rates, low fees, snazzy branches, fee waivers
The digital banks plan to begin by offering services such as savings accounts, credit cards, personal loans, foreign exchange and travel insurance.

IL&FS case: NCLT rejects Deloitte, KPMG arm's no-jurisdiction plea; next hearing on 5 September
An Indian tribunal on Friday rejected an appeal by the auditors of debt-laden Infrastructure Leasing & Financial Services (IL&FS), challenging the court’s jurisdiction to ban them for alleged abetment of financial fraud

Cash-strapped DHFL says it may not be able to meet repayment obligations due in immediate future
DHFL reiterated that the company has been facing a liquidity crisis since September 2018, and despite the challenges, it has so far paid back over Rs 41,000 crore