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Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, October 10, 2024. My name is Nelson John. Let's get started. Yesterday, the Reserve Bank of India left key policy rates unchanged, maintaining the repo rate at 6.5 percent. The RBI's decision comes amid rate cuts by central banks worldwide, notably the US Federal Reserve, Bank of Japan, and Bank of England. The RBI remains wary of inflation, and thus doesn't want to cut rates just yet. Gopika Gopakumar writes that the decision still leaves room for a rate cut at the monetary policy committee's meeting in December. Faced with cost pressures, companies are keen on retaining their employees. Some plan to disburse more than 90 percent of variable pay since raises are expected to be modest this year. Key sectors such as manufacturing, auto, and IT are likely to pay bonuses in full, while the retail and consumer sectors will be more cautious. Anandorup Ghose from Deloitte India tells Devina Sengupta that while bonus payouts are typically within 90-110 percent of the target, variable pay differs by seniority. Roopank Chaudhary of consulting firm Aon notes that though some sectors have seen improvements, overall bonus projections for 2025 are similar to last year's, at about 13.6 percent of fixed pay. Salary hikes are expected to be around 9.5 percent next year, a slight increase from 9.3 percent this year. India is pumping 25 billion dollars into its semiconductor sector as it looks to get at least four more chipmakers to set up fabs. The focus is on legacy chips, which are essential in industries such as auto, aerospace and defence. These older chips are cheaper to make and maintain than the most advanced ones, such as those used in iPhones. The Tata-PSMC facility, the only commercial fab in India right now, is set to make chips ranging from 28 nanometers to 90 nanometers. While these are more advanced than typical legacy chips, the plant will also churn out the older variety to meet domestic needs and reduce imports, boosting India's revenue in the process. Shouvik Das takes a closer look at India's big gamble on legacy chips. The Kalyanis, known for their substantial holdings in India's industrial sector, including Bharat Forge, are embroiled in a contentious legal battle over the family's wealth. Gaurishankar Kalyani, the youngest brother of Bharat Forge chief Baba Kalyani, has challenged a 2012 will of their late mother Sulochana Kalyani. He claims a newer will from December 2022 names him as the main heir, but Gaurishankar accuses him of coercing their mother into sidelining him. Priyanka Gawande explains the legal battle for control over multibillion-dollar assets. Is your real estate agent a social media influencer as well? Madhurima Nandy writes about such agents, who earn nearly 2 crore rupees a year from brokerage and influencer marketing fees. But they also offer other services: advice on what to avoid, whom to trust, and a rundown of real estate basics. As younger generations start buying property, social media has become fertile ground to attract such clients. Madhurima writes that real estate developers are getting into this as well, partnering with influencers to build hype around their projects. After fashion, beauty, food and finance, it looks like influencers have a new sector to sink their teeth into.
Electric vehicle sales are slowing down in India, following a global trend they had bucked until as late as June.Champions of the EV story like Tata Motors are revising their sales guidance downwards, even as challenges of limited charging infrastructure and range loom large. Host Anirban Chowdhury analyses the problem and discusses possible solutions with Rajeev Singh, leader, consumer industry, Deloitte India and ET's Sharmishtha Mukherjee.Credits: Bloomberg TechnologyYou can also check the following episodes on EV's:Fame: EV Subsidy Scam Or Schemed Sabotage?, Chip Country: How Tata Group Is Powering India's $1 trillion Electronic DreamCheck out other interesting episodes like: Lethal Liquor Part 1: How Moonshine Devastated a Village, India Scorching Part 1, India Scorching Part 2, Will Chabahar Port open up India's own Silk Route? and more!You can follow Anirban Chowdhury on his social media: Twitter and LinkedinCatch the latest episode of ‘The Morning Brief' on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts. See omnystudio.com/listener for privacy information.
On Episode 325 of The Core Report, financial journalist Govindraj Ethiraj talks to Jay Kothari, senior vice president at DSP Mutual Fund as well as MS Mani, Partner at Deloitte India.SHOW NOTES(00:00) The Take(02:12) Stories Of The Day(03:05) Institutional investors are wading in, sending markets to new highs. Sensex hits 78,000(04:01) NVidia cracks, that's a warning signal for overheated Indian stocks too.(06:11) Oil prices are still holding high(06:51) Where India stacks on the emerging market universe right now.(16:41) Qatar Airways is World's Best Airline, Vistara Is India's Best.(18:22) The unfinished agenda on GST, the tension between the Government and the taxpayerListeners! We await your feedback....For more of our coverage check out thecore.in--Support the Core Report--Join and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube
To understand the nitty-gritties of the IT Returns process and the mistakes tax-payers must avoid Moneycontrol's Preeti Kulkarni spoke to Mousami, Nagarsenkar, Partner, Deloitte India. Here are the key takeaways:
The Malayalam film industry is on a winning streak. From the action packed thriller ‘Abraham Ozler' to survival movies such as ‘Manjummel Boys' and ‘Aadujeevitham,' this industry's success is in the spotlight. Many of these movies have already collected from Rs 50 crore to over 200 crore at the box office. In this podcast, businessline's Anjana PV talks to Chandrashekar Mantha, Partner, Media & Entertainment Sector Leader, Deloitte India to understand the reason for the consecutive hits and its impact in the economy. The conversation explores the effects of Malayalam cinema's triumphs, from increased investments in the industry to heightened opportunities for local talent. Mantha emphasises how successful movies not only boost the film economy but also draw attention to scenic locations, potentially bolstering tourism. He elucidates how the success of Malayalam movies extends beyond regional boundaries, influencing the wider Indian film industry. Mantha emphasises the importance of diverse storytelling and cultural representation in catering to an increasingly aware and discerning audience. The podcast also touches upon the strategic release timing of Malayalam films, noting the potential impact of Thursday releases on audience engagement, particularly during extended weekends. However, he emphasises that, while release strategies may play a role, the crux of success lies in compelling content and efficient production. Mantha highlights the significance of Malayalam cinema's success as a testament to the power of storytelling and cultural diversity within the Indian film landscape. (Host & producer: Anjana PV, Edits: Siddharth Mathew Cherian)
The income tax department has activated a feature on its tax return filing portal that allows tax-payers to view the status of their outstanding, petty and old tax demands. The eligible ones are being ‘extinguished'. Tapati Ghose, Partner, Deloitte India gives an insight into the facility, areas that need further clarity and the complaint redressal process to be followed if your tax demand is not withdrawn. Tune in.
In today's episode, we take a quick look at India's opportunity to expand its digital technologies ecosystem to tier-2 cities, but first, some headlines that caught my attention. Headlines that caught our attention Google is expanding its generative AI search experience to markets outside the US, starting with India and Japan, TechCrunch reports. The new AI-powered search feature, also known as SGE (Search Generative Experience), will be available through Google's Search Labs. Meanwhile, Chinese tech giant Baidu said that its ChatGPT-like Ernie bot was now open to the public at large, signalling a green light from Beijing, and another indication of a more relaxed policy stance on artificial intelligence, CNBC reports. In some cheer for the SaaS sector, Salesforce, cloud software bellwether, yesterday announced quarterly results and guidance that beat Wall Street's expectations, CNBC reports. As many of you might remember, India's Freshworks beat expectations with its June quarter earnings results on Aug. 2. One thing today Now, speaking of India's tech talent, that workforce is making it a destination for the next wave of foreign companies looking to establish centres for R&D, software development and engineering. And there is an opportunity to expand the ecosystem to tier-2 cities, Nasscom, the country's biggest tech lobby, and accounting consultancy firm Deloitte, say in a new report. The report examines talent, infrastructure, risk and regulatory environment, start-up ecosystem, and social and living environment, which are vital for establishing a flourishing technological landscape. And it spolights the potential of 26 cities in the country – from Chandigarh to Indore to Mysuru and Vishakapatnam – which could become an integrated part of India's tech ecosystem, Nasscom and Deloitte said in a press release on Aug. 29. Helped by rapid infrastructure growth, diverse skills, burgeoning start-ups, and governmental initiatives, these emerging hubs are gearing to achieve tier-1 status, according to the press release. “While big cities were the focus in the past, the post-pandemic era witnesses a remarkable decentralisation of work across the nation,” Sumeet Salwan, a partner at Deloitte India, said the press release. Today, about 60 percent of India's graduates in engineering, arts, and science come from smaller towns and 30 percent of total graduates relocate to tier-1 cities seeking employment, he said. The 26 promising locations identified in the report have the potential to become the epicentre of innovation and growth, according to the report. This trend is supported by a workforce skilled in cutting-edge digital technologies, with about 800,000 individuals located in these emerging hubs. And these cities are seeing strong additions to the number of people skilled in digital technologies. These locations currently account for 10-15 percent of India's tech talent. They provide promising growth potential when supported by the governments' commitment to world-class infrastructure, Salwan says. Take the “if you build it, they will come” approach, he says. Startups in these locations grew 50 percent from 2014-2018, with expectations of 2.2X growth by 2025, according to the report. These tier-2 locations also offer a cost advantage, including a 25-30 percent lower cost of talent and a 50 percent lower cost of real estate rentals compared with the large cities. So far, some 140 global capability centres have found a home in these locations, highlighting the growing interest of foreign companies in these emerging hubs, according to the report. “As companies worldwide revisit ways of working with an eye on optimising outcomes, costs, and talent, alternative tech hubs are becoming essential” Sukanya Roy, head, GCC and BPM, at Nasscom, says in the release. About 39 percent of the country's 7,000 or so startups operate in emerging hubs spanning industries from Deep Tech to Business Process Management (BPM), according to the report.
ITR filing process must start with basic preparations like getting your documents such as Form-16, bank account and capital gains statements in order. Check Form 26AS, or tax credit statement, and Annual Information Statement (AIS). In case of any discrepancy in AIS, rely on your information as the former could contain errors, says Aarti Raote, Partner, Deloitte India.
The recently announced 20% tax collected at source on international spends via credit cards has come as a rude shock to those planning a holiday abroad. But it's worth remembering that these are not the only overseas spends that attract TCS. In a conversation with Moneycontrol, Rohinton Sidhwa, partner, Deloitte India, talks about how your foreign investments are impacted by TCS.
As the world of work becomes more automated and AI-powered than ever, it's important to ensure your employees haven't been left behind like yesterday's news. That's why it's crucial to build a future-proof workforce that can adapt to new technologies and changing market demands. But building a future-proof workforce is not easy, especially with the ever-changing business landscape. Apart from wisdom, organizations would also require expert guidance on how to step forward in this complex and ongoing journey of future-proofing their workforce. So, whether you're a CEO, a team leader, or just a curious listener, join us as we explore the ins and outs of building a future-proof workforce with Sudarshan Bose- Associate Director (Workforce Transformation) at Deloitte India.
SV Nathan - Partner and Chief Talent Officer at Deloitte India joins me in this week's episode of Tales from Heads. He is the author of “The Heart of Work”, and as you will discover, a fabulous story teller. “I am not a very clever guy. I just don't give up” says Nathan. Listen in as Nathan shares stories, lessons and advice on self-belief, humility, finding the right job, how to look at compensation, learning from seemingly insignificant roles, and enjoying the marathon called life.My favourite line from Nathan? “Water cuts Rock”. Persistence pays. Don't give up.Listen in. Learn. And get inspired! Follow Us: Prakash Iyer - LinkedIn SV Nathan - LinkedIn WYN Studio - LinkedIn For brand partnership, collaboration and sponsorship opportunities, send us an email at hi@wyn.studio. Tales From Heads is a Production of WYN Studio. Find us at http://wynstudio.See omnystudio.com/listener for privacy information.
Cybercrime Magazine CISO Minute host Theresa Payton, Former White House CIO, talks about the recent insider threat incident at Deloitte India, how this can be a learning experience for other organizations, and more. The CISO Minute is sponsored by https://knowbe4.com/ • For more on cybersecurity, visit us at https://cybersecurityventures.com/
Telecom spectrum is similar to atma. It's ajar. It's amar, as the Bhagwad Gita describes. It has no physical form, yet it is omnipresent. That's how the government imagines spectrum, in the Explanatory Note to the draft Indian Telecommunication Bill, 2022. The Bill, which will regulate the sector once it becomes an Act, seeks to replace the existing legal framework governing telecommunication in India, comprising the Indian Telegraph Act, 1885, the Wireless Telegraphy Act, 1933 and the Telegraph Wires (Unlawful Possession) Act, 1950. The draft Indian Telecommunication Bill, 2022 has, for the first time, laid down a clear statutory framework and regulations on assigning spectrum. It says, spectrum should primarily be given through auction. For specific functions related to the government and public interest, like defence, transportation and research, the Bill proposes assignment through the administrative process. To enable efficient use of spectrum, the Centre may also ‘re-farm' or ‘harmonise' any frequency range assigned by auction, or administrative process. The Bill enables sharing, trading, leasing, surrender of spectrum assigned, and a process to return unutilised spectrum. To address the demand of telecom companies for a level playing field, the telecom department aims to bring in a landmark change by extending the definition of ‘telecommunication services'. It proposes to bring over-the-top (or OTT) communications services such as WhatsApp, Telegram, satellite-based communication services and internet under the ambit of the Bill. So, OTT communication services have to take a licence now and be subjected to the same conditions governing telecom players in India, like quality of service and security rules, etc. Shiv Putcha, Founder and Principal Analyst, Mandala Insights says, including OTT under telecom is contentious. May create a level-playing field between telcos and OTT. Language suggests greater centralisation of powers. The government will also have the power to terminate spectrum allocations partly or in full, if it determines that assigned spectrum has remained unutilised for insufficient reasons over a period of time. Likewise, the spectrum allocated to telecom companies that are undergoing insolvency and are unable to offer services, pay dues or comply with license conditions, will be taken back by the government. The Bill also seeks to simplify the framework for mergers, demergers, acquisitions or other forms of restructuring, by only requiring intimation to the licensing authority, while relief, write-off or deferment of dues may be allowed in cases of payment default in extraordinary circumstances. Next, the draft bill tries to achieve through law a ‘right of way' (ROW) enforceable at the state- and at the municipal-corporation level. This legal framework is key to the rollout of 5G services. It lays down a framework in which a public entity that owns the land has to grant ‘right of way' permission expeditiously, unless it gives a substantive ground for refusal. The existing regulatory framework, based on Right of Way Rules, 2016, has had a limited impact in addressing bottlenecks in the rapid expansion of telecom infrastructure. The Rs 60,000 crore Universal Service Obligation Fund will be expanded into the Telecommunication Development Fund by adding further objectives of underserved urban areas, R&D, skill development etc. To prevent cyber fraud, the Bill provides that the identity of the person sending a message through telecom services shall be available to a user receiving it. Peeyush Vaish, Partner & Telecom Sector Leader, Deloitte India says, govt will not change rules with retrospective effect. OTT services may have to verify their users. Bill says grant of RoW should be non-discriminatory. DoT has also heeded the unanimous call from companies that the USO Fund levy should be discontinued or suspended for a few y
Mint's Satya Sontanam speak to Tapati Ghose, Partner, Deloitte India to understand the tax rules and the reporting requirements of capital gains on stocks and mutual fund units.
First, Debasish Mishra, Partner at Deloitte India, joins host Shashank Bhargava to talk about India's current power crisis, and the reasons behind it.Next, Indian Express' Anjali Marar explains why large parts of India are facing an extreme rise in temperatures, and the problems this is likely to cause (08:38). And in the end, Indian Express' Associate Editor, Shubhajit Roy talks about China finally permitting the return of “some” Indian students who have been stuck in India due to visa and flight restrictions (15:20).
How do you know if you're genuinely being authentic? How do you decide the difference between being authentic and being formal or professional? Aditi asked this question to the people expert, Nathan SV - Chief talent officer and partner at Deloitte India. Tune in!
When will 5G come to India? And what should I expect? COAI director general Lt. Gen. Dr. S.P. Kochhar and Deloitte India telecom sector leader Peeyush Vaish join Gadgets 360 reviews editor Jamshed Avari and host Akhil Arora to offer their expert insight. Expect an initial rollout by August 2022, Kochhar says, though it won't be at the same time for everyone. After all, India needs 8 lakh new towers for 5G, in addition to 1.5 lakh we have today. Moreover, the approach must be different for rural vs urban areas. Along the way, we delve into how 5G is a lot more than an upgrade to 4G. It allows for dozens of B2B applications (revenue for operators), and new government rules afford more freedom with B2C applications. 5G is set to change cars, gaming, weapon systems, telemedicine, and the Indian Railways. Fire up the episode to discover why. What you pay hence will depend on what you want out of 5G. Beyond the obvious B2B and B2C, there are a lot of acronyms in this episode. Here's a quick guide to the most used ones: COAI = Cellular Operators Association of India DoT = Department of Telecommunications TRAI = Telecom Regulatory Authority of India mmWave = millimeter wave spectrum (30 GHz to 300 GHz, between microwave and infrared waves) eNB = eNodeB, type of radio base station ARPU = average revenue per user OTT = over-the-top (streaming services such as Netflix and Disney+ Hotstar) TSP = telecommunications service provider (such as Jio and Airtel) Follow Gadgets 360 on Facebook, Twitter, Instagram, and YouTube. Write to us at podcast@gadgets360.com Chapters Intro (00:00) Rollout and hype (01:06) What to expect (09:58) Different models (16:46) Tariff = apps (21:08) 5G use-cases (27:42) And beyond (34:03) Conspiracies (39:32) Outro (45:10) Cover credit: Z z. Photo credits: Ben Vaughn, Frederik Lipfert, Jakub Pabis, Lipfert, Ryland Dean, Vishnu Vardhan, Robert Gale
In the absence of a concrete data protection law in India, instances of consumer data breach are turning a lot more frequent. Host Ratna Bhushan explores how this is a case of lack of policy, traceability and accountability, in conversation with leading cyber law expert Pavan Duggal, Rajshekhar Rajaharia, a popular internet security researcher and Rajat Wahi, Partner at Deloitte India. Credits: WION, NDTV, editorji
"If you really want to connect well, disconnect!" Our guest this week on the Absolutely write podcast is Nathan SV, Partner and the Chief Talent Officer of Deloitte India who has over 30 years of experience in HR management, across diverse industries including Manufacturing, Hospitality, IT, Telecom, and Professional Services. He is an industry leader, mentor and advocate of ethical leadership and invested in developing future leaders. He helped establish Deloitte as a destination for top talent in India. Apart from his responsibilities in Deloitte, Nathan serves as the National Secretary of National HR Development Network (NHRDN), the Chairman of the Global In-House Center, Hyderabad Chapter of NASSCOM, and the current Chair of the Indian Society for Training & Development (ISTD), Hyderabad Chapter. Nathan graduated in Mathematics and did his post-graduation from XLRI, Jamshedpur. He is acclaimed as a well-known speaker, expert, coach, mentor, and a behavioural specialist in sensitivity training. Aditi analyses Nathan's handwriting and talks about what makes him such a good listener and a unique & empathetic leader. Nathan who is known for his great storytelling shares some brilliant anecdotes, observations and interactions that truly make him a people champion. He shares some wonderful takeaways and lessons. Watch out for Nathan's last anecdote which was his biggest lesson in humility. Tune in!
In this episode, hear about common transfer pricing challenges faced by providers and recipients of intercompany services, transfer pricing controversy related to India and lastly charging for the use of financial services brands and some of the challenges seen which have been raised by tax authorities of both the licensee and licensor. Speakers include Darrin Litsky from Deloitte US (previously at the Internal Revenue Service), Andrew Skipsey from Deloitte UK (previously at HM Revenue & Customs) and Anis Chakravarty from Deloitte India.
What if I tell you: Shell companies with no commercial operations are formed to raise capital through an IPO for acquiring an existing company. What if I also tell you that even retail investors can invest in these blank cheque companies. Well, I am talking about Special Purpose Acquisition Company shortly called as SPAC. SPACs have been around in the US for a very long time but SPAC deals in India are still at a nascent stage becoming popular recently mostly due to abundant dry powder post covid. However, it does sound risky isn't it? The complexity of SPAC deals has challenges. To understand more about these blank cheque companies and regulatory framework around it, Mint's Nasrin Sultana is joined by Vikas Bagaria, partner Deloitte India.
If you feel you are burning the candle from both ends and you want to quit - pause. Look around. Examine what organizations are ready to do to retain or hire good talent. Yes, the times are changing indeed. We continue our chat with Mohinish Sinha, a Partner and Leader – Diversity and Inclusion at Deloitte India to understand more on this topic. In this episode we examine what organizations are doing to improve Employee wellness, fully understanding the role women play in the organization and acknowledging the need for quality talent. He shares his set of recommendations for women - in the short term and long term. These are very practical and you don't want to miss it. Listen to find out more. What the New Indian Woman podcast is about As you may already be aware, this podcast has 2 focus areas. One, We examine the challenges faced by today's Indian woman and proposes ACTIONABLE strategies in the Indian context, on a wide variety of topics - right from identifying their passion to better productivity and parenting. Second, We meet women who chose to aspire or have a dream beyond their defined roles and facilitates sharing of what worked and what didn't, for them. Today's episode falls in the first category. And in the process, my aim is to help you, The New Indian woman, to realize your potential, chase your dreams and aspirations, utilize the wonderful opportunities available in today's world. What's in this episode: In Part 1 of this 2 part series, we discussed a Global survey that found nearly 57% of the 500 women surveyed in India do not feel their career is progressing as fast as they'd like. This and more, from a survey conducted by Deloitte India. Their report says employers can support women and create more high-trust, inclusive cultures during and after the COVID-19 pandemic. In this 2 part series, we meet with Mohinish Sinha, a Partner and Leader – Diversity and Inclusion at Deloitte India to understand more about this survey and why such a survey is important. More importantly, we try to understand what organizations can do to facilitate equal work experiences for women . In this episode, Mohinish talks about how organizations are helping by facilitating training and mentorships for both men and women, to figure out in the context of Indian culture. He talks about the kind of steps companies are taking to help us figure our unconscious bias and special steps taken to ensure the wellness, especially of women. He talks about the biases against people who are not ready to travel and other systemic biases that influence hiring and how this affects women more. He shares research data on how a truly inclusive space improves innovation and profitable growth, on how there is no possibility of growth if 50% of workforce(i.e. women) are excluded. Mohinish talks about a range of topics, on how it is important not just to focus on women in leadership or have better maternity benefits or policies. He delves into the example of the need to change from valuing long hours/valuing people based on how flexible they are, the importance of such cultural shifts coming from top down. And then, he goes on to share valuable recommendations for women. Please write to me at krishna@thenewindianwoman.com or reach out to our social media pages to share your views on this episode. If you liked this episode, please help this reach more people by sharing this podcast with friends and family over Facebook, LinkedIn, Twitter and Pinterest. Don't forget to like our Facebook page. To read the complete Survey Women @ Work: A global outlook, Get in touch Website : http://thenewindianwoman.com Facebook : http://facebook.com/newindianwoman Email : krishna@thenewindianwoman.com Twitter : https://twitter.com/thenewindianwo1 LinkedIn: https://www.linkedin.com/company/thenewindianwoman Subscribe Use the link corresponding to your favourite Podcast App to listen to the latest episode and do not forget to click on Subscribe : Castbox :http://bit.ly/castboxniw Apple Podcast :http://bit.ly/appleniw Stitcher :http://bit.ly/stitcherniw Spotify :http://bit.ly/spotifyniw Radiopublic: http://bit.ly/radiopublicniw Podbean: http://bit.ly/podbeanniw TuneIn: http://bit.ly/tuneinniw
A Global survey finds that 51% of women are less optimistic about their career prospects than before the pandemic. Plus nearly 57% of the 500 women surveyed in India do not feel their career is progressing as fast as they'd like. This and more, is from a survey conducted by Deloitte India. Their report says employers can support women and create more high-trust, inclusive cultures during and after the COVID-19 pandemic. We meet with Mohinish Sinha, a Partner and Leader – Diversity and Inclusion at Deloitte India to understand more about this survey and why such a survey is important. More importantly, we try to understand what organizations can do to facilitate equal work experiences for women in this 2 part series. Despite the survey results, he believes this is a very interesting time for women as there will be lot of options around flex. In episode 37, we had looked at what women want from HR under SheAsksHR - now, let us hear from HR on what they have to say. This episode is special for a very different reason as well. Listen to find out.. What the New Indian Woman podcast is about As you may already be aware, this podcast has 2 focus areas. One, We examine the challenges faced by today's Indian woman and proposes ACTIONABLE strategies in the Indian context, on a wide variety of topics - right from identifying their passion to better productivity and parenting. Second, We meet women who chose to aspire or have a dream beyond their defined roles and facilitates sharing of what worked and what didn't, for them. Today's episode falls in the first category. And in the process, my aim is to help you, The New Indian woman, to realize your potential, chase your dreams and aspirations, utilize the wonderful opportunities available in today's world. What's in this episode: We discuss the research findings, especially on how on most parameters Indian women are worse off than their global counterparts. Mohinish explains what every organization should implement for equal work experiences for women - the need for managers to check in with women employees frequently, the need to change the perspective that flex options are not a good career option and of course, the need to change from the age old belief that hard work means long hours. He talks about how performance systems are aligned to credit longer hours and the unconscious bias that exists about the same and how leaders play a very important rule in influencing this bias. He talks about how the need to be available and connected 24*7 has put additional strain on men as well, but how this has a more dangerous impact for women. We then move on to recent options around work from near home(WFNH) and the viability of the same. He explains how the pandemic has made organizations realize how remote work can also be effective and how this calls for differentiated views to jobs. He explains how WFNH has also meant options around working from native places or villages and small towns rather than having to live in confined spaces in cities. Please write to me at krishna@thenewindianwoman.com or reach out to our social media pages to share your views on this episode. If you liked this episode, please help this reach more people by sharing this podcast with friends and family over Facebook, LinkedIn, Twitter and Pinterest. Don't forget to like our Facebook page. To read the complete Survey report Women @ Work: A global outlook, Get in touch Website : http://thenewindianwoman.com Facebook : http://facebook.com/newindianwoman Email : krishna@thenewindianwoman.com Twitter : https://twitter.com/thenewindianwo1 LinkedIn: https://www.linkedin.com/company/thenewindianwoman Subscribe Use the link corresponding to your favourite Podcast App to listen to the latest episode and do not forget to click on Subscribe : Castbox :http://bit.ly/castboxniw Apple Podcast :http://bit.ly/appleniw Stitcher :http://bit.ly/stitcherniw Spotify :http://bit.ly/spotifyniw Radiopublic: http://bit.ly/radiopublicniw Podbean: http://bit.ly/podbeanniw TuneIn: http://bit.ly/tuneinniw
We are witnessing the biggest evolution of the working era with the digital transformation. Now that we are gradually adopting digital workspaces, AI eliminating job profiles still remains a concern. In this podcast, we're in conversation with Prashanth Kaddi, who is a Partner with Deloitte India, in the Consulting business working on analytics and cognition. Listen to what Prashanth has to say about Artificial Intelligence and the impact it's creating in the digital space. #TechGig #Podcast #ArtificialIntelligence #DigitalTransformation
Today on The Leaders' Brief - India could become the world's second largest Covid vaccine manufacturer, according to consulting firm Deloitte after the USA. Deloitte India's partner PS Easwaran recently told media houses that India may produce around 3.5 billion COVID-19 vaccine doses this year, less compared only to the USA which is expect to produce over 4 billion doses. Since in its vaccines were approved in the country, India has rolled out over 23 million doses to 20 countries around the world, both as grants and commercial supplies. More batches are expected to be sent to poorer economies in Africa and Latin America. Developed economies are also turning towards India for their vaccine supplies. Japan is facing a new obstacle in the form of a syringe shortage in administering COVID vaccines to its citizens. Japan has signed contracts to procure about 314 million doses of COVID-19 vaccines from AstraZeneca, Moderna and Pfizer and BioNTech for its 126 million population. As two doses of the vaccines are required for it to be effective, Japan would have secured enough doses and have 62 million extra doses left. However, the country's vaccination drive is facing a new challenge in the form of a shortage of special syringes used to extract the vaccines jabs from vials. Iran recently announced that it would stop access of International Atomic Energy Agency (IAEA) inspectors to visit the nuclear sites from February 21 if USA refuses to lift sanctions imposed under the previous Trump administration. Iran's new legislation that'll allow Tehran to accelerate nuclear enrichment activities and end its commitments under the Non-Proliferation Treaty (NPT) came as the USA announced it had sold 1.116 million barrels of Iranian fuel seized under its sanctions programme last year. About egomonk: Website | Facebook | Twitter | LinkedInegomonk is a global intelligence platform delivering asymmetric outcomes by bringing organizations closer to the communities they want to serve and the leaders they wish to influence. If you wish to collaborate with us then email us at contact@egomonk.com.
Today we have with us Ankita Chawla, popularly known as “hustlerani” on Instagram! Ankita is a young creative with a 27.4k following. She is a graphic designer, visual artist and a marketing professional at Deloitte India. Ankita rose to fame with her take on a modern day CV through an instagram grid, and went on to become one of India's youngest voices to get featured on TEDx. She is feisty, bold and a hustler in its truest sense. Tune into our conversation with this bundle of talent to understand how to be authentic and creative and how to always express yourself to your fullest!
The impact of covid-19 has impacted the social sector and local ecosystems. With attempts being made to revive the economy, Mint journalist @pretikakhanna speaks to Viral Thakker, partner at Deloitte India on their report on the Social response to covid-19 and the roadmap to recovery for the social sector. Tune in to know more.
The central government came up with a mission to create 100 smart cities. But what really makes a city smart? Mint journalist @pretikakhanna speaks to Anindya Mallick, Partner, Deloitte India on the smart cities mission, the selection process, and will they meet deadlines. Listen in.
Mr. Nathan S V- Partner and Chief Talent Officer at Deloitte India https://www.linkedin.com/in/nathansv/ S.V Nathan, Chief Talent Officer, Deloitte India talks about #Career In this 40 minutes long conversation, he speaks about a) His formative years across Kolkata, Chennai and Nagpur; and the impact his grandmother had on his value system, b) His inclination towards HR, doing his MBA from XLRI Jamshedpur, c) How HR profession has evolved over the 37 years he has spent across manufacturing and service sector , across factory workers and professionals at ICI, Sterling Holidays, Microland, Planetasia, Reliance Infocomm and now Deloitte, d) His view towards recruitment, engagement and managing growth expectations of the millennials e) Experience with the finance professionals such as CAs and MBA( Finance) ' f) what if someone are not from XLRI / TISS but still in HR, he cites the example of someone who was in secretarial function (steno/shorthand etc) and now is VP (HR) in a large company g) How to stay positive in a post #Covid19 world' h) His mantra for fitness and i) Lines of advise to youngsters. Worth every minute of your time
What makes for a true leader, who isn't just dousing out flames during a crisis, but leading through it into a new or next normal? Mohinish Sinha, Partner, Deloitte India unveils his very own ‘gold dust' on resilient leadership; 5 top leadership qualities that are essential or even existential for the success and sustainability of any enterprise now. Listen to this podcast interview on “Leading Through Crisis; Into the Next Normal”. Tell us what you think: shivraj@brevis.in. Follow us on: Twitter: https://twitter.com/ShivrajParshad Facebook: https://www.facebook.com/BrevityinourDNA/ LinkedIn: https://www.linkedin.com/company/16321692/ YouTube: https://tinyurl.com/y7uo9fcvSpotify – tinyurl.com/y766k958Google Podcasts - https://tinyurl.com/y9fslvdb Apple Podcasts – tinyurl.com/v8euj6z TuneIn - tinyurl.com/y86pv3soiHeart Radio - https://tinyurl.com/yay4kqpa ListenNotes - https://tinyurl.com/y7d6sj9ePodchaser - https://tinyurl.com/yc3qfhcb Soundcloud - tinyurl.com/yad2s7v2
Shree Parthasarathy, CIO & National Leader of Cyber Risk Services for Deloitte India, and Sharon Rosenman, VP Marketing for Cyberbit presented a webinar on the future of Cybersecurity training on March 11, 2019. Parthasarathy set the tone for the webinar with the statistic: there will be 3.5 million global unfulfilled cybersecurity jobs by 2021. In India, the demand for cybersecurity professionals tripled in the past 12 months, with 15,000-30,000 open cybersecurity jobs. One of the key issues in hiring is applicants lack hands on experience. Parthasarathy then discussed the current context of cyber training & awareness in Enterprises. Parthasarathy said, “Skilling, not trainings, is essential to overcome the skills gap.” Parthasarathy detailed the Deloitte Cyber Academy's simulation-based skilling approach, and Rosenman discussed the Cyber Range Platform. These discussions included cyber range examples. “And what we believe is important,” said Parthasarathy, “whether we operate in government, military, academia, industry, is to really focus on the skilling. It's going to be extremely important for all of these particular stakeholders to continue to basically move up in their skilling maturity as we take this forward.” Also covered in the webinar was the benefits of Cyber Range Training & Education. Before Parthasarathy and Rosenman opened the discussion up for a Q&A session to end the webinar.
According to a study by Deloitte India, industries service in India are likely to give a standard salary hike of 7.8 percent to their workers for the financial year 2020 to 2021. Deloitte India said that The lower salary hike, as compared to the previous year, is in line with the higher-margin stress on industries, monetary headwinds, and the need to steadily slow white-collar pay growth in India to become more worldwide competitive. "Companies are likely to give a usual wage growth of 7.8 percent to employees for 2020 to 2021. These estimated wages rise is 40 basis points lower than the actual salary growth of 8.2 percent that employees expected in 2019 to 2020," the study report, titled 'Workforce and growth Trends Survey', said. EPFO Lowers Interest Rate on Employee Provident Fund to 8.5% For 2019 to 2020, behind From 8.65% in 2018 to 2019. Anandorup Ghose, a partner at Deloitte India, said, "There has been a lot of debate on pay increases over the past few years and there is a need for greater responsibility in this process of wage budgeting as return cost ratios are ever more becoming a sore point in boardrooms across the country." The study also found that at an all-India level, charitable attrition slightly reduced in the present economic year to about 15 percent, involuntary attrition has amplified to 20 percent of the total attrition. Unintentional attrition increased the most in the automobile, insurance, and NBFC sectors. The study findings also corroborated the growing impact of automation on the employees with companies showing reduced hiring levels, it added. The audience for the survey was HR professionals. Deloitte India said that About 300 organizations spread across 7 sectors and over 20 sub-sectors participated in the survey. The study provides insights and market trends on revenue increments, performance association trends, and information on budding realities in the area of workforce composition and pays design. --- Support this podcast: https://anchor.fm/latestnewssuno/support