Deloitte

Deloitte News

AirAsia India head Amar Abrol quits; to move back to parent co in Malaysia to work on strategic projects
Business

AirAsia India head Amar Abrol quits; to move back to parent co in Malaysia to work on strategic projects

The exit of Abrol comes days after its larger rival IndiGo had said that its president and whole-time director Aditya Ghosh would step down from the position in July.

Premier League clubs post record-breaking profit of £500 million, claims Deloitte report
Sports

Premier League clubs post record-breaking profit of £500 million, claims Deloitte report

English Premier League clubs enjoyed record profits last season, according to a report published Friday by financial consultants Deloitte.

Aircel's committee of creditors wants to restart firm's mobile phone operations in some circles; seek investors
Business

Aircel's committee of creditors wants to restart firm's mobile phone operations in some circles; seek investors

Aircel's lenders, led by the SBI, representatives from the firm's management and an insolvency professional from Deloitte have discussed a potential restart.

Premier League: Clubs spend record £430 million in January transfer window to break 2011 figure
Sports

Premier League: Clubs spend record £430 million in January transfer window to break 2011 figure

Premier League clubs spent 430 million pounds ($612 million) in the January transfer window to shatter the previous mark of 225 million set in 2011.

Manchester United pip La Liga giants Real Madrid to retain top spot in Deloitte's 'Money League' report
Sports

Manchester United pip La Liga giants Real Madrid to retain top spot in Deloitte's 'Money League' report

Manchester United narrowly pipped Real Madrid to remain the top revenue-generating club in the world as Premier League sides underlined their growing financial clout, Deloitte's "Money League" report said Tuesday.

Union Budget 2018: Pressure on FM Arun Jaitley to fulfil promise of cutting corporate tax rate to 25%
Business

Union Budget 2018: Pressure on FM Arun Jaitley to fulfil promise of cutting corporate tax rate to 25%

In the upcoming Union Budget 2018, Finance Minister Arun Jaitley will be under pressure to moderate tax rate for the industry which was promised a lower corporate tax of 25 percent by the government three years ago

100% FDI in single brand retail: From 'complete misnomer' to more 'jobs', industry reaction is a mixed bag
Business

100% FDI in single brand retail: From 'complete misnomer' to more 'jobs', industry reaction is a mixed bag

Opinion is divided among sector specialists and observers on the merits of the policy and a section pooh-poohed the government’s announcement.

Cisco's John Chambers picks up 10% stake in Chennai's speech analytics firm, Uniphore Software Systems
Business

Cisco's John Chambers picks up 10% stake in Chennai's speech analytics firm, Uniphore Software Systems

Uniphore's speech analytics product "auMina" and virtual assistant product "akeira" are attracting attention and winning customers in geographies outside India.

State of the economy: Why the govt should urgently ease GST compliance burden for small traders
Business

State of the economy: Why the govt should urgently ease GST compliance burden for small traders

Four months after the GST roll out, there is a big political debate going on between the ruling Bharatiya Janata Party (BJP) and Congress-led Opposition party with respect to the impact of GST on various businesses.

Apple and GE release app-making tools to extend Predix's industrial internet capabilities
News & Analysis

Apple and GE release app-making tools to extend Predix's industrial internet capabilities

Apple will be tapping into the growing demand for industrial-internet capabilities, which can improve the performance of factory machines.

Deloitte hack reportedly affected 350 clients including US government agencies and large corporations
News & Analysis

Deloitte hack reportedly affected 350 clients including US government agencies and large corporations

Clients who had materials exposed in the hack include the U.S. departments of State, Energy, Homeland Security and Defense and the U.S. Postal Service.

Deloitte hit by sophisticated hack resulting in breach of confidential information
News & Analysis

Deloitte hit by sophisticated hack resulting in breach of confidential information

Deloitte discovered the hack in March, but the cyber attackers could have had breached its systems as long ago as October or November 2016.

VMware announces initial availability of cloud service on Amazon Web Services
News & Analysis

VMware announces initial availability of cloud service on Amazon Web Services

Business mobility leader VMware on Monday announced the initial availability of VMware Cloud on the market leader Amazon Web Services (AWS).

Microsoft ready to take over 50 million Indian SMBs under its Cloud, says India president Anant Maheshwari
News & Analysis

Microsoft ready to take over 50 million Indian SMBs under its Cloud, says India president Anant Maheshwari

According to an ASSOCHAM-Deloitte joint study, adoption of advanced business digital technologies can lead to increase in revenues by up to 27 per cent.

Online mobile wallet industry to reach Rs 32 billion by 2021; to be valued at about Rs 32 trillion
News & Analysis

Online mobile wallet industry to reach Rs 32 billion by 2021; to be valued at about Rs 32 trillion

The mobile wallet industry is expected to maintain the pace of its current expansion with transaction volume expected to touch 32 billion by 2022.

Only 6 BCCI state units respond to Deloitte report, continue to undermine COA
First Cricket News

Only 6 BCCI state units respond to Deloitte report, continue to undermine COA

But save Goa, Odisha, Sikkim, Tripura, UP and Vidarbha, none of the other state units bothered to send their responses

Internet of Things will grow rapidly in India by 2020, says Deloitte report
News & Analysis

Internet of Things will grow rapidly in India by 2020, says Deloitte report

Internet of Things (IoT) units in India are expected to see a rapid 31-fold growth to reach 1.9 billion by 2020, Deloitte predicted on Monday, adding that the market value of IoT is expected to reach $9 billion by 2020.

Deloitte study points out that consumers are still confused about self-driving cars
News & Analysis

Deloitte study points out that consumers are still confused about self-driving cars

A global study from Deloitte taking in the opinions of 22,000 consumers in 17 different countries finds that although attitudes to autonomous vehicles are becoming more positive, the majority of consumers need evidence that these technological advances will lead to safer cars.

Digital India is facing challenges on many fronts, says Assocham-Deloitte report
News & Analysis

Digital India is facing challenges on many fronts, says Assocham-Deloitte report

The Centre's ambitious Digital India programme is facing multiple challenges in successful implementation due to lack of clarity in policies and infrastructural bottlenecks, according to a report.