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Companies need to be more diligent while choosing partners for implementing COVID-19 relief measures: EY report

With an increasing number of corporates mobilising resources to support the government address the COVID-19 threat, there is a greater need for due diligence by companies on the partners they choose to work with to implement the relief measures, consultancy firm EY said on Wednesday

COVID-19: Double stress fund for stalled affordable housing projects to Rs 50,000 cr, says EY

The government has so far cleared Rs 540 crore worth projects and preliminary clearance has been given for due diligence in nearly 14 housing projects.

Online car sales may gain traction post-COVID-19 due to fears of infection; auto retail needs to become virtual: EY

Indian OEMs and car aggregators can take a cue from global players and gradually develop their capabilities to support this transformation

Fund raising activity goes 'cold' in India; PE, VC investments may dip up to 60% in 2020 due to COVID-19: EY

In the past few years, fund raising activity has been touching record highs, and grew 28 percent to $48 billion in 2019.

Coronavirus takes toll on global mergers and acquisitions as $1 billion deals disappear, first time since 2004

The dearth of mega deals comes as countries across the world have shut down large swathes of their economies as they battle the COVID-19 pandemic that has infected over 2.33 million people and claimed 165,000 lives.

Coronavirus leaves private healthcare sector in financial distress, in need of stimulus: FICCI-EY study

The private healthcare sector in the country is witnessing an unprecedented slowdown due to the outbreak of Covid-19 in India and the resultant lockdown, according to a FICCI-EY study

Coronavirus Outbreak: Fall in productivity single biggest concern among many firms, reveals EY survey

As many as 72 percent of organisations believe the impact of coronavirus pandemic will be felt beyond six months and the single biggest concern for continued remote working is fall in productivity, according to a survey by consultancy and advisory services provider EY

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

Haldiram emerges sole bidder to buy debt-ridden dairy firm Kwality with offer of Rs 130 cr

Kwality has a total debt of around Rs 1,900 crore, which means that lenders would have to take a significant haircut.

Venture investments up 69% at $16.4 bn in Q2; strongest-ever quarter by deal values for PE, VC industry: Report

Venture capital investment in India strengthened during the September quarter led by a slew of large deals of over $100 million