Deloitte

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Deloitte - Total results - 109
Brentford to earn over $200 million in additional revenue in event of Premier League qualification, says study
Sports

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
Sports

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
Business

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
Business

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
Business

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%
Business

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
Business

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
Business

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
Business

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
Business

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
Sports

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
Business

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
Business

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
Business

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

DHFL shares tank 10% amid reports of Deloitte quitting as auditor of cash-strapped company
Business

DHFL shares tank 10% amid reports of Deloitte quitting as auditor of cash-strapped company

Shares of Dewan Housing Finance Corporation Ltd on Monday tanked 10 percent following reports that Deloitte has quit as the auditor of cash-strapped DHFL

Deloitte Haskins & Sells quits as auditor of cash-strapped DHFL; cites no reason for quitting: Report
Business

Deloitte Haskins & Sells quits as auditor of cash-strapped DHFL; cites no reason for quitting: Report

Cash-strapped DHFL sits on a debt pile of Rs 90,000 crore and has defaulted on its various repayment obligations in a serial manner in the recent past.

DHFL expects lenders approval of resolution plan by month-end; private equity firms in talks with promoters for strategic stake
Business

DHFL expects lenders approval of resolution plan by month-end; private equity firms in talks with promoters for strategic stake

DHFL has received non-binding indicative term sheets as part of the proposed corporate restructuring of the company

Auditors to debt-ridden DHFL raise red flags around quarterly results; trigger fresh concern about future of troubled lender
Business

Auditors to debt-ridden DHFL raise red flags around quarterly results; trigger fresh concern about future of troubled lender

DHFL, one of India’s biggest housing finance companies with almost 1 trillion rupees ($14.52 billion) in debt, has been hard hit by a liquidity crunch

CCI needs to conduct a survey to assess if Big Four audit firms abusing their dominant position in India: Govt
Business

CCI needs to conduct a survey to assess if Big Four audit firms abusing their dominant position in India: Govt

Ministry of Corporate Affairs, which holds that view, is yet to send any formal request to the CCI to probe the matter, said the official.

SEBI proposes tighter disclosure for auditor resignations, says quitting before completion of audit hampers investor confidence
Business

SEBI proposes tighter disclosure for auditor resignations, says quitting before completion of audit hampers investor confidence

SEBI also proposed a format for disclosing reasons when the auditor of a listed entity or one of its material units resigns