Vijay Mallya refutes USL's allegations on fund diversion

Vijay Mallya refutes USL's allegations on fund diversion

A day after United Spirits disclosed Rs 1,225 crore fund diversion by the erstwhile promoters to entities linked to Vijay Mallya, the embattled businessman today said all transactions were "legal and above board" and the company was now making "unfounded allegations".

Jul 10, 2016, 14:40 PM IST

Private equity investments jump to $9.1 bn in 2013: E&Y

Helped by a few big ticket deals, private equity investments in the country surged over 20 percent to USD 9.1 billion last year even as deal volumes declined during the same period, says a report.

Jan 19, 2014, 16:51 PM IST

E&Y changes brand name, appoints Weinberger as new Global CEO

Advisory firm Ernst & Young Monday said Mark Weinberger has been appointed as the new Global Chairman and Chief Executive Officer of the company.

Jul 01, 2013, 21:55 PM IST

33% Indians feel offering cash to win biz is justified: Survey

Over a third of respondents in India feel that offering cash payments to win or retain business is justified, says a survey by E&Y.

May 07, 2013, 21:39 PM IST

Telcos need to invest Rs 2.5 lakh cr to meet policy goals

The telecom sector needs about Rs 2.30 lakh crore investment for meeting the target of 100 percent connectivity in rural areas and 60 crore broadband connections as envisaged in the National Telecom Policy, E&Y has said.

Mar 21, 2013, 21:52 PM IST

PE, VC investments in India to remain flat in 2013, says E&Y

This year may define the new 'normal' for PE investment in India, the accounting firm said.

Jan 23, 2013, 20:12 PM IST

Many large Indian cos to focus more on cost reduction: E&Y

Many large Indian companies are expected to focus more on cost reduction and risk management in the next 12 months, with European debt crisis putting pressure on their financials, an E&Y survey has said.

Oct 28, 2012, 14:17 PM IST

Global executives still "cautious" to pursue acquisition: E&Y

Senior executives around the world are "cautious" to pursue acquisitions even as strong fundamentals for a pick-up in merger and acquisition activity are now in place, says a survey by Ernst and Young.

Apr 23, 2012, 16:43 PM IST

India likely to grow at 6.1% in 2012: E&Y

India is expected to grow at 6.1% in calendar year (CY) 2012, similar to the pace recorded in the fourth quarter of 2011.

Apr 08, 2012, 17:44 PM IST

Indian economy likely to grow by 9% next fiscal: E&Y

The Indian economy may grow by 9 percent in the next fiscal on the back of strong industrial growth and rising domestic consumption, global consultant Ernst and Young on Friday said.

Dec 25, 2009, 11:33 AM IST

Real estate industry on the path of recovery: E&Y

Driven by price corrections,
softening of interest rates and improved liquidity, the real
estate industry is on the path of recovery on the back of
improved demand in the residential segment.

Nov 12, 2009, 21:26 PM IST