GoMechanic lays off 70% employees after 'errors' in financial reporting
The startup "made errors in judgment as we followed growth at all costs, including in regard to financial reporting, which we deeply regret," says GoMechanic co-founder Amit Bhasin.
Budget 2023: EY India suggests nil tax on income up to ₹5 lakh under new regime
The new concessional tax regime will become attractive for the tax payers if income up to ₹5 lakh annually is exempt from taxation, says EY India.
Centre well placed for budget with falling inflation, rising revenues: EY
Pinning hopes on the high real and nominal GDP growth numbers of the current fiscal, EY hoped for a reduction of 1% in the fiscal deficit.
India’s M&E sector fell 24% in 2020: Report
According to a report by FICCI and EY, the fall in the Indian media and entertainment sector comes on the back of diminishing revenues from films, TV, and print segments.
India’s e-commerce sector to touch $99 bn by 2024
In 2020, e-commerce and consumer Internet companies raised over $8 billion in private equity and venture capital funding spread over 400 deals, says EY-IVCA India Trend Book 2021 report.
Why ‘One District One Product’ is critical to U.P.
The Yogi Adityanath administration is pulling out all stops to showcase the government’s development agenda.
The $100-billion chance to win electronic 'hearts'
India can become a global manufacturing and export hub of printed circuit board assembly, the heart of electronic devices, in the next five years, says a report by ICEA-EY.
Digital media to overtake print by 2021: FICCI-EY
Television and print remained the top two media segments. Digital media overtook filmed entertainment to become the third-largest segment.
52% M&E execs lack faith in traditional biz models
EY’s latest survey says a fourth of M&E executives think their companies will die without reinvention.
Shaw named EY Entrepreneur of the Year
The award recognises entrepreneurs who, with their disruptive ideas and passion for growth, are creating successful global enterprises.