A study by two multinational giants UBS and PwC says \"huge fiscal and quantitative easing packages\" given by governments around the world drove a V-shaped recovery of stock markets and billionaires' wealth surged to $10.2 trillion by the end of July 2020

Sanjeev Krishan has been appointed as the new chairman of PwC in India for a four-year term starting January 1, 2021

With regard to suggestions to overcome the current crisis, the PwC report suggested some measures the government could consider while formalising its support strategy for India Inc in the next phase

Good news for TCS employees! Company announces salary hike, effective October 1Tata Consultancy Services on Wednesday announced a salary hike for its employees effective October 1. As of September 30, the consolidated headcount of India's largest IT company stood at 4,53,540. The attrition rate touched an all-time low at 8.9 per cent in the given quarter.Hindustan Coca Cola Beverages offers permanent work-from-home to employeesHindustan Coca Cola Beverages, the bottling partner of the Amer...

The total billionaire wealth rose by more than a quarter during the early months of the coronavirus pandemic to reach $10.2 trillion in July, breaking the previous record of $8.9 trillion at the end of 2017

MSMEs have claimed that GST Act imposes higher tax rate and compliance burden for businesses selling online, thus preventing them from swiftly transitioning to online platforms

The MoU was signed on Friday at a virtual roundtable between WBIDC managing director, Vandana Yadav and UKIBC managing director, Kevin McCole in the presence of Nick Low, British Deputy High Commissioner in Kolkata

India's digital payment market, which stood at around Rs 2,162 lakh core in 2019-20, is expected to grow over three-folds to Rs 7,092 lakh crore by FY25, says RedSeer Consulting

In a notification, the Central Board of Indirect Taxes and Customs (CBIC) said when an applicant for GST registration opts for authentication of Aadhaar number, he shall, with effect from Friday (August 21)

Despite an ambitious target, public expenditure on infrastructure - the only functional engine of the economy - is dwindling. That spells bad news for economic recovery

While some authorities are now encouraging a return to work, PwC said 78% of the chief executives it surveyed expected that at least some of the shift towards remote collaboration would prove enduring

Axis Bank has also submitted a complaint, alleging that some officials of the Cox & Kings had availed loan facilities to the tune of Rs 1,030 crore and cheated the bank by not repaying it

Amid the demand for one-time loan restructuring by industry leaders, many experts believe the RBI could decide against rate cut this time

The central bank has been taking steps proactively to limit the damage to the economy caused by the COVID-19 pandemic and subsequent lockdowns

Apart from rise in financial frauds in private companies in India, recent years have also witnessed a rise in the role of shell companies and tax havens in their operations, raising further concerns about illicit operations

ABB's offered solution is designed for both high availability and high fault tolerance by positioning the primary and back-up critical controllers and servers at two separate locations

Start-ups are consolidating freight operations via digital maketplaces and using tech for better warehouse management

Diesel prices on Monday were hiked by 13 paise a litre and petrol prices by 5 paise per litre. Including Monday's hike, the prices have been hiked for twenty two times in a month, amounting to about Rs 9.17 for petrol and Rs 11.14 for diesel

According to ED, during investigation in YES Bank case, irregularities were noticed in relation to the loan sanctioned to Cox & Kings Group

The searches were conducted at the premises of promoter Ajay Ajit Peter Kerkar, Director Pesi Patel, CFOs Abhishek Goenka and Anil Khandelwal, and auditor Naresh Jain