In a post that has gone viral, a former Deloitte auditor has spoken out about the extreme working conditions at the Big 4 firm. His revelations come in the wake of discussions surrounding the tragic death of Anna Sebastian, a 26-year-old employee from Ernst & Young (EY) Pune, which has sparked a broader conversation on corporate work culture.
The ex-Deloitte employee described how he and…
Netflix India is currently under investigation by the Indian government for alleged visa violations, tax evasion, and claims of racial and gender discrimination. The investigation marks a significant scrutiny of the streaming giant’s operations in one of its key markets, as the Indian authorities probe the company’s compliance with local laws and business practices.
Visa and Tax…
The Indian government is planning to update the base year for calculating its Gross Domestic Product (GDP) from 2011-12 to 2022-23. This decision is expected to align India’s economic indicators more accurately with the current economic realities, as significant structural changes have occurred over the past decade.
The Ministry of Statistics and Programme Implementation (MoSPI) is…
Deloitte has responded to the recent uproar surrounding the tragic death of a young EY employee by establishing a committee to review its internal policies. This incident has sparked widespread debate about work culture in major firms like EY and Deloitte, emphasizing the need for robust employee welfare mechanisms.
Background The controversy began when a young employee at EY, Anna…
The Supreme Court recently dismissed Vodafone Idea and Bharti Airtel’s plea seeking a review of their adjusted gross revenue (AGR) dues. The telcos argued that errors in calculating their dues needed correction, which, if not addressed, could severely impact their financial health. This verdict marks another blow to Vodafone Idea, which has struggled to stay afloat amidst mounting debts and…
Research has long speculated on the impact of coffee Drink on human health. Now, new studies suggest that moderate coffee consumption may significantly reduce the risk of developing cardiometabolic diseases, a class of health conditions that includes type 2 diabetes, coronary heart disease, and stroke.
What the Study Found
According to theJournal of Clinical Endocrinology &…
In a move reflecting growing celebrity interest in the stock market, Bollywood actress Madhuri Dixit has invested ₹1.5 crore in Swiggy, the food delivery giant, ahead of its highly anticipated initial public offering (IPO). This significant investment comes at a time when Swiggy is preparing to raise over $1 billion (approximately ₹8,389 crore) through its market debut later this…
Amazon India has appointed Samir Kumar, a 25-year company veteran, as the new head of its India operations. This major leadership transition comes at a time when Amazon faces fierce competition and regulatory challenges in the Indian market. Samir will assume his new role on October 1, 2024, replacing Manish Tiwary, who resigned in August 2024 to explore new opportunities.
Samir Kumar’s…
Budget airline SpiceJet is making a crucial move to raise Rs 3,000 crore through a qualified institutional placement (QIP) in an effort to stabilize its operations and return grounded planes to service. This decision comes at a time when the airline is grappling with significant financial and operational challenges, including grounded aircraft, legal disputes, and the need to settle outstanding…
Palm oil, extracted from the fruit of the oil palm tree, is commonly used in a variety of processed foods, personal care products, and household items. Despite its widespread application due to its low cost and adaptability, palm oil has been linked to several health and environmental concerns. Here’s a closer examination of why palm oil might be detrimental to your well-being.
High Saturated…
