DELOITTE
Choosing the right NPS annuity: Why expenses, behaviour, and risk tolerance matter for retirement income
The National Pension System's exit rule eased, allowing more flexibility with annuity purchases. Retirees must carefully decide how much to allocate to annuities, balancing essential expense coverage with potential market returns. While annuities offer stable income, Systematic Withdrawal Plans (SWPs) provide tax advantages and flexibility, though they require discipline.
TCS Nashik case: A timeline of key developments and probe details
TCS Nashik case: IT major Tata Consultancy Services is facing scrutiny after serious allegations surfaced at its Nashik facility. The case centres on accusations of sexual harassment, workplace coercion and pressure linked to religious conversion at the company’s Nashik unit.
'Cases involving religious conversion wouldn't be tolerated': Maharashtra CM Fadnavis on Nashik TCS case
Maharashtra Chief Minister Fadnavis on Saturday chaired a review meeting of the Home Department over the Nashik conversion case, saying that religious conversion cases would not be tolerated under any circumstances.
4-member panel with retired judge, ex-IPS officer to probe Nashik TCS case
A Fact Finding Committee has started its inquiry into serious allegations at a TCS office in Nashik. The committee will speak to all parties involved before releasing any details. This comes as protests continue and authorities investigate the matter. TCS is cooperating with the investigation, which is looking into potential forced conversion and sexual harassment.
No formal complaints found in Nashik preliminary review, says TCS
Tata Consultancy Service said on Friday that it has not received through its official reporting systems any formal complaints of the nature that are being alleged. The company said it has engaged a team of experts from consultancy firm Deloitte and law firm Trilegal as independent counsel to the internal investigation led by chief operating officer Aarthi Subramanian.
TCS denies Nashik facility shut down; brings in Deloitte, Trilegal for probe
Tata Consultancy Services (TCS) on Friday dismissed reports that its Nashik facility has been shut down, asserting that the unit “continues to operate and serve clients” even as investigations intensify into the ongoing controversy.
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TCS Nashik case: IT giant denies Nida Khan held HR role, appoints Deloitte, law firm to assist internal probe
Tata Consultancy Services is investigating serious allegations of sexual abuse and coercion at its Nashik facility. The IT major has appointed external experts and an oversight committee to review the probe. TCS stated its Nashik operations remain unaffected and denied specific media reports. The company emphasized its zero-tolerance policy for misconduct and is cooperating with law enforcement.
Global streaming platforms trade control for scale in India’s OTT market
Streaming powerhouses are choosing to partner with Indian digital platforms, looking to delve into the rapidly expanding OTT market without significant risk. Leaders like BBC, Disney+, and Warner Bros Discovery are leveraging local expertise to tap into a massive user base.
Global funds, Adani, GMR, others in race for NIIF's smart meter business
Global infrastructure investors and domestic smart meter makers are showing strong interest in acquiring IntelliSmart Infrastructure. The company, owned by NIIF and EESL, is expected to be valued at $400 million. This sale aligns with India's ambitious smart meter rollout under the Revamped Distribution Sector Scheme.
ICAI expands mandatory applicability of audit quality evaluation matrix
The Institute of Chartered Accountants of India is expanding its audit quality model. This now includes firms auditing subsidiaries of listed entities, banks, or insurance companies. Separately, ICAI proposes a single regulator for multidisciplinary partnerships. This move aims to foster large Indian firms and compete globally. These changes are significant for the Indian audit sector.
How Flipkart turned internal mobility into a leadership pipeline
Lateral moves across categories and divisions are a core part of how the company’s employees move into leadership positions. Three executives tell us how a culture that rewards experimentation over pedigree and the freedom to reinvent are shaping Flipkart’s next leaders.
Demand for senior technology leaders in India is bucking a slowdown in broader tech hiring
As per experts, many MNCs are considering shifting global tech positions to India, mostly to their GCCs. Ratna Gupta, senior partner, ABC Consultants, said the uptick in tech leadership hiring is strong, especially over the last two–three quarters in comparison to the first half of FY25 when companies were relatively cautious. There is an about 20% increase in mandates at the director, vice-president and higher levels, she said. “Quite a few country heads for GCCs are also coming in.”
Net FDI inflows dip, investors opting for Mexico, Vietnam
Officials and experts attribute this trend to the country having to compete with Mexico, Poland, and Vietnam, a preferred part of investors' nearshoring and friendshoring policies after the Covid pandemic, and the US cornering a large share of tech-related investments.
When Your Job Starts Feeling Too Easy, It Might Be Telling You Something
Workplaces are seeing jobs become simpler. This shift, while aiming for efficiency, can leave employees feeling undervalued and insecure. Such changes may signal deeper company plans like automation or restructuring. The monotony impacts mental and physical health, leading to stress and reduced performance. Clear communication from management is crucial to address these concerns and maintain employee well-being.
Japanese Proverb of the Day on Success, “Fall down seven times, stand up eight.” True success is not the absence of failure, but the resilience to keep rising every time you fall—The ancient formula world needs right now
There is a Japanese proverb of the day on success that is only seven words long. Seven words that have outlasted empires, shaped samurai philosophy, and now sit framed in the offices of some of the world's most successful entrepreneurs. Nana korobi ya oki — "Fall down seven times, stand up eight." It sounds simple. It is not. Hidden inside that math is one of the most psychologically sophisticated success frameworks ever articulated by any culture, anywhere on Earth.
TCS and five other firms empanelled to build & run AI for govt departments
The Centre has empanelled six partner firms, including Tata Consultancy Services (TCS), to develop and deploy AI solutions across government departments. More than 80 companies had submitted bids for the request for empanelment (RFE), which closed last week, with firms such as KPMG, Deloitte, PwC, EY, Fractal Analytics, Gnani AI and Jio Haptik missing the final shortlist on February 27.
Deloitte launches quantum tech facility at IIT Bombay
Deloitte India has launched a new quantum technology facility at IIT Bombay. This center, named QCoDE, aims to boost quantum adoption for Indian businesses. It will foster collaboration between industry and academia. The initiative will help companies explore quantum use cases and build a skilled workforce. This move supports India's National Quantum Mission and prepares businesses for future technological advancements.
RBI Inflation 2026–27: Sanjay Malhotra & Co peg FY27 inflation projection at 4.6% as war risks cloud outlook
The Reserve Bank of India's Monetary Policy Committee has revised its inflation forecast for fiscal year 2027, maintaining the benchmark repo rate at 5.25 percent. This strategic choice reflects the central bank's aim to stabilise a declining rupee while promoting robust economic growth, with last year's real GDP growth recorded at an impressive 7.6 percent.
Co-branded cards squeeze; Slice’s valuation reset
Happy Wednesday! Global economic challenges are casting dark clouds over the Indian consumer lending business. This and more in today’s ETtech Morning Dispatch.
West Asia war: India’s $334-billion F&B industry simmers on a low flame
The West Asia conflict is posing significant challenges for India’s F&B industry, with LPG shortages and supply disruptions pushing many small eateries on the brink of huge losses. In response, they are making menu adjustments, reducing operating hours, and in some cases, shutting down altogether.
Landmark step, but concerns remain: Experts on Kalpakkam nuclear reactor reaching criticality
India's first indigenous prototype fast breeder reactor at Kalpakkam has achieved criticality. This marks a major milestone in the nation's pursuit of nuclear self-reliance. The reactor's success bolsters the three-stage nuclear program. Experts highlight its role in harnessing India's vast thorium reserves for future energy security.
Digital commerce in India will grow to $250 billion by 2030: Google and Deloitte report
India's digital commerce is set for massive growth, reaching $250 billion by 2030. Quick commerce will expand significantly, becoming a norm for shoppers. Gen Z consumers will drive a large portion of online spending. AI will streamline shopping experiences and boost profitability. Content creators will also influence a substantial amount of retail expenditure.
This industry gives the highest salary hike: Not IT or real estate; check what's driving salary success in 2026
Salary hikes in India are stabilizing around 9.1% for 2026, a slight increase from 9.0% in 2025, as companies prioritize cost discipline and productivity. While some sectors offer higher increments, a broader talent pool and a shift towards skills-based hiring are influencing compensation strategies.
ISB Class of 2026 sees highest salary of Rs 1.56 crore, average salary of Rs 37.29 lakh during placements
The Indian School of Business PGP Class of 2026 achieved significant placement success. A total of 1,117 job offers were extended to 808 students across its campuses. The average salary package reached Rs 37.29 lakh per annum. Consulting, technology, and BFSI sectors were the dominant hiring domains. Accenture emerged as the top recruiter.
Duty relief to SEZs allows limited domestic sales without diluting export focus: Experts
This move aims to support units facing weak global demand. Experts believe this offers a cushion for capacity utilisation and revenue. Sectors like electronics and textiles are expected to benefit.
ETtech Explainer: Agentic harness, the software that makes AI tick
Indian enterprises are increasingly adopting AI agents for complex business workflows, but the crucial 'agentic harness' is emerging as the key differentiator. This software framework enables AI models to act autonomously and safely, managing memory, tools, and human oversight, becoming the most contested layer in the AI value chain.
Growth slows for telcos as subscribers plateau, prices stay low
Indian telecom firms face revenue challenges as subscriber growth slows and data prices remain low. Analysts suggest a significant opportunity lies in digitally empowering India's 60 million small businesses. This could unlock substantial new income streams through commissions on digital commerce and local advertising. Overcoming infrastructure and investment hurdles will be key to realizing this potential.
Former Deloitte India chairman PR Ramesh joins VerSe Innovation as independent director
PR Ramesh, former Deloitte India chairman, has joined VerSe Innovation as an independent director and will chair its audit committee. He will oversee financial reporting, internal controls, risk management, and compliance, strengthening governance after prior audit concerns. VerSe, backed by CPPIB, Lupa Systems, Z47 and others, has raised over $2 billion and is valued at nearly $5 billion.
Senior exits shake up Deloitte M&A business amid strategy shift
Executives who quit include Rajesh Aggarwal, head of debt advisory, Ruchi Sarna, national head of consumer investment banking, and Suresh Atal, a senior partner in transaction advisory, multiple sources said.
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