DELOITTE REPORT
A double transition for corporate India: New accounting rules, new auditors
Companies are preparing for the transition to Ind AS 118 which will impact financial statement reporting. Changes in statutory auditors coinciding with the transition may lead to additional audit work. Incoming auditors will have to familiarize themselves with the new framework and assess comparative figures. Effective communication between outgoing and incoming auditors is crucial during this period.
The great Indian money hunt: Why India's shadow banks are pulling in billions of dollars
Blackstone is negotiating a significant investment in IIFL Finance, indicating rising global interest in non-bank lenders. Recent deals include investments by Carlyle and Advent International in housing finance firms. The demand for credit in India is growing, with NBFCs playing a crucial role in accessing underserved markets. Foreign investments in the financial sector have exceeded $20 billion since 2025, reflecting confidence in stability.
Linguistic barriers & legacy tech slow India’s VoiceAI shift
India’s broader conversational artificial intelligence market, spanning voice and text-based applications, is estimated at $500-550 million and has an addressable opportunity of about $4 billion over the next decade, growing at 23-25% annually, Deloitte India estimates.
Quick commerce emerges beyond Diwali shopping panic to breathe on the necks of e-commerce giants
Quick-commerce platforms in India are increasingly including fashion, beauty, and gifting items for Diwali shopping. Myntra and Amazon are experiencing significant growth in orders and customer engagement during the festive season. Quick-commerce is projected to account for a larger share of online retail, boosting convenience for consumers. The demand for immediate shopping solutions is prompting a shift in purchasing behaviours.
Rs. 400 crore of ‘cash’ that existed only on paper: Not for the first time, nor will it be the last
When something is wrong inside a company, the people running it know first. The auditors may sense it next. A regulator might confirm it years later, in an order the public finally gets to read. The ordinary shareholder sits at the very end of that queue, usually learning the truth only after the share price has already delivered its verdict. The value of reading the accounts closely is simple: It is the one way to move a little higher up that queue, while there is still time to act.
Can the government remove LTCG on mutual funds in Budget 2027? Here’s what experts say
SEBI has repotedly proposed tax relief for domestic mutual fund investors ahead of Budget 2027. The proposal aims to exempt investors from long-term capital gains tax when switching investments. Financial experts note that removing this tax could increase investor interest, although it may impact government revenues.
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Indian car buyers trade up selectively as CNG, EVs gain ground over fuel; SUV growth reshapes price ladder
Indian passenger vehicle sales have shown a pronounced shift towards higher price bands and alternative fuel options. The ₹12 lakh-20 lakh segment grew significantly, while lower segments experienced a slight decline. Petrol vehicle registrations decreased, with CNG and electric vehicles gaining market share. Compact SUVs have become increasingly popular, reflecting changes in consumer preferences and technology advancements.
U.S. and Japanese Companies Struggle with Different Parts of AI Adoption—and Offer Different Lessons for Making It Work
Companies in both the U.S. and Japan are struggling to deploy AI, but often in very different ways. In the U.S., deployment is wide but shallow, meaning companies struggle to create real value with AI. In Japan, deployment has moved slowly, but where it has happened, it’s often deep and fruitful. Understanding what’s happening in both contexts offers important lessons for companies trying to develop an AI strategy and demonstrate ROI on their AI investments.
Indian battery component makers face up to 61% cost disadvantage against imports: Report
Indian battery component manufacturers are facing cost challenges that make local production more expensive than imported goods. The report indicates that high input costs hinder the growth of domestic manufacturing capabilities. Battery demand in India is expected to rise significantly by 2037, creating urgency for improvements in local production. The government is considering incentive options to support the industry and bridge the cost gap.
IT firms turn to acquisitions to boost revenue growth
The contribution rose to $147-148 million in the July-September period, reflecting a full quarter of consolidation. The acquisition has therefore become a significant part of the firm’s reported revenue base.
The changing C-suite: How finance and HR leaders are driving business transformation
CFOs and CHROs are moving beyond traditional responsibilities to become strategic business partners. The discussion explores how finance and HR leaders are navigating uncertainty, driving technology adoption, building organisational resilience and aligning financial and people strategies with sustainable growth.
India’s small companies need to see AI as more than an artificial promise
India MSME news: India's micro, small and medium enterprises are exploring the adoption of artificial intelligence to enhance productivity. AI is expected to generate significant economic value for these enterprises in manufacturing and services sectors. Various challenges remain regarding the integration of AI into existing workflows and overcoming cost barriers. Collaborative efforts among industry bodies, technology providers, and the government are essential for facilitating this transition.
Hospital balance sheet: How AI could cut costs and improve efficiency
As hospitals grapple with soaring costs in drugs, supplies, and labor, the integration of AI emerges as a vital necessity.
Largescale cyberattacks test the limits of insurance cover
While businesses rush to enhance their cyber insurance cover, the incidents have triggered a debate over whether existing policies adequately cover emerging cyber risks. The biggest question insurers are policyholders seem to be confronting is: who pays when a vulnerability exposes thousands of organisations to the same threat?
Rs. 15 lakh crore of revenue, questioned by authorities – and the real worry was where the cash went
A company can report a loan, an advance, or an investment even after the cash has moved beyond its control. Sometimes the explanation is legitimate. Sometimes the money has been used for a purpose shareholders never approved. How does this happen?
Redefining corporate leadership and enterprise growth with CFOs and CHROs
The role of CFOs and CHROs is shifting from basic management to high-level strategy. Today’s business leaders need to stay flexible and bridge the gap between their workforce’s potential and smart financial decision-making to drive real, lasting growth.
Out of Europe? India's steel MSMEs battle data gaps, rising cost and EU's carbon wall
Smaller Indian steel exporters say they are struggling to obtain emissions data from raw-material suppliers and bear the cost of carbon accounting and verification under the EU’s carbon border rules.
India is addressing Wall Street’s favourite ‘elephant’ in the room to its own advantage
The Indian government has identified 762 potential applications of artificial intelligence across 62 ministries and departments, spanning farming, railway safety, tax compliance, public grievances, customs and healthcare. While some tools are already in use, others remain in pilot or development stages.
British investor Baillie Gifford fund marks down Dailyhunt parent amid revenue pressures
The Schiehallion Fund pegged the fair value of its 1.3% holding in VerSe Innovation at $7.47 million, according to its portfolio disclosures reviewed by ET, implying a total company valuation of roughly $576 million.
The hidden cybersecurity risks behind the connected factory
Connected machinery and digital production systems have made manufacturing more efficient, but they have also exposed factories to new cyber risks. For manufacturers, resilience now depends on protecting industrial systems while ensuring production can recover quickly when an incident occurs.
Ind AS 118: India Inc gears up for big changes to financial reporting
India’s largest companies are preparing for the implementation of Ind AS 118, which may impact financial reporting. Changes include new classifications for income and expenses, and new operating profit reporting methods. Companies face challenges due to complex requirements and the need for system adjustments. Audit committees are discussing transition plans while awaiting final rules and guidance from regulatory bodies.
Scaling AI agents a bottleneck for Indian enterprises: Dynatrace’s Rafi Katanasho
Katanasho believes autonomous agents can fail silently, delivering poor business outcomes without triggering system alerts.
Reel deal: The next big thing in online shopping is playing on your screen
E-commerce platforms in India are leveraging video content to enhance product discovery and customer engagement. Creator-led videos provide a new shopping experience, combining entertainment with direct purchasing options. Consumers in tier 2 cities are particularly benefiting from this innovative approach to shopping. Companies like Amazon, Flipkart, and Myntra are adopting these technologies to boost sales. This shift may result in a significant increase in online shoppers in the coming years.
AI is rewriting the rules of investment for India's big-ticket players
Private equity investors in India are integrating artificial intelligence into their investment analysis and strategies. AI is being utilized to assess how it will impact revenues and competitive positions of companies. Investors are now focusing on AI capabilities and their potential to create value in various sectors. Additionally, AI is influencing negotiations by uncovering weaknesses quickly and enabling better assessments of business strength.
A Japanese giant is quietly taking a bigger shelf in India’s wardrobes
Uniqlo India's revenue increased by 44% to Rs 1,724 crore in the last financial year. The brand's focus on everyday essentials contrasts with fashion-led competitors like Zara and H&M. Consumers are increasingly prioritizing quality and versatility rather than simply seeking trendy items. A report indicates that many people make fashion purchases based on necessity rather than impulse.
Want to become a financial adviser? Best financial planning courses and institutes in India explained
The career change of Sumit Aggarwal to a mutual fund distributor illustrates a notable trend within the financial advisory realm in India. With a vast number of investors, there's a growing necessity for certified financial planners. Educational institutes are responding by launching targeted courses, promoting credentialing opportunities like CFP and QPFP for finance professionals. As demand for expert guidance rises, the financial planning sector is expected to experience notable expansion.
From rocks to riches: India’s unfinished critical minerals story
India's manufacturing industry is significantly affected by its heavy reliance on imported critical minerals like lithium and cobalt. The recent supply disruptions from China have highlighted weaknesses in India's domestic capacity for refining these minerals. Efforts to enhance mineral processing and create integrated production facilities are underway to reduce import dependence.
Modernising legacy systems: How traditional industries are rethinking business operations
Traditional industries are investing in AI to improve operational efficiency, forecasting and decision-making. Yet integrating AI into established systems presents a different challenge from launching a new digital product. The next phase of enterprise transformation will depend on connecting existing infrastructure, business data, and workforce capabilities to deliver measurable results.
India's GDP to grow 7.1-7.3% in FY27 as private investment gains momentum: Deloitte
In the fiscal year 2026-27, India's economy is expected to see growth ranging from 7.1 to 7.3 percent, fueled by a recovery in private investments coupled with enhanced business dynamics. For the past ten years, strong household consumption and substantial public infrastructure investments have driven growth. Nonetheless, uncertainties stemming from geopolitical issues and energy price fluctuations pose potential threats to this forecast.
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