deloitte

deloitte plans to reduce paid family leave from 16 to eight weeks and cut annual paid time off by 5-10 days for a segment of its US workforce starting January 1, 2027. These changes, affecting internal roles under the 'Center' talent model, aim to tailor benefits to market alignment. New pension plan contributions and adoption/surrogacy reimbursements will also cease.

Millions in Asia, including India, China, and Thailand, face uncertainty over watching the FIFA World Cup 2026 due to delayed broadcast rights. Unfavorable late-night match timings and high costs are stalling deals, potentially impacting viewership. Experts, however, believe agreements will be reached, ensuring widespread access to the global football spectacle.

India's GST collections hit an all-time high of Rs 2.43 lakh crore in April, fueled by a significant 26% surge in import taxes. Domestic transaction collections saw a modest 4.3% rise, prompting calls for policies to boost local manufacturing amidst geopolitical uncertainties and supply chain disruptions impacting industrial output.

Vintage watches are experiencing a resurgence, particularly among Gen Z, driven by their unique stories, scarcity, and inherent character. This trend sees a return to classic design elements and smaller case sizes, offering a respite from digital overload and a connection to history. Familial influence and aesthetic appeal are also key drivers behind this growing appreciation for timeless timepieces

A tech professional in India faced heartbreak after deloitte rescinded his job offer post-interview success. Having resigned and completed his notice period, he received an email citing a "discrepancy review" as the reason. Despite clearing all interview rounds, he was denied clear answers and warned against further contact, sparking widespread discussion online.

Organizations representing the creative industries called on the Government to reject any changes to copyright law that would weaken protections for creators and rightsholders.

KPMG is set to cut approximately 10% of its US audit partners after voluntary retirement schemes failed to yield desired results. The accounting giant, one of the Big Four, cited a need to align its partnership size with current business demands.

Amidst global supply chain disruptions, India's economic leaders are prioritizing domestic strength. Finance Minister Nirmala Sitharaman highlighted the vast Indian consumer base as a key defense, while industry titans emphasised strategic self-reliance in manufacturing and a pivot to green energy. This approach aims to leverage India's demographic dividend and workforce to navigate international volatility and accelerate national growth.

TCS has formed an oversight committee, led by independent director Keki Mistry, to review the ongoing investigation into allegations of sexual harassment and religious coercion at its Nashik facility. The company has also engaged external experts. Preliminary checks haven't revealed complaints through official channels, and suspended employees are under inquiry.

India and New Zealand have signed a 'once-in-a-generation' trade pact, granting Indian exporters duty-free access to New Zealand. The agreement aims to double bilateral trade to $5 billion in five years and includes a $20 billion investment commitment from New Zealand. Both nations are optimistic about the pact's potential to boost economic growth and cooperation across various sectors.

A pregnant TCS employee in Nashik, accused of religious harassment, was denied interim relief by the court. She sought anticipatory bail, citing her pregnancy and arguing she's not the main accused. The court will hear her plea again on April 27. The case involves allegations of hurting religious sentiments.

In light of recent allegations regarding sexual harassment and religious coercion at the Nashik unit, TCS's CEO K Krithivasan has reported the establishment of an oversight committee to evaluate the situation. Initial investigations revealed no formal complaints filed, yet suspended employees are currently facing scrutiny.

A National Commission for Women fact-finding panel is investigating alleged religious conversion and sexual harassment at a Nashik TCS office. The four-member committee, including a retired judge and IPS officer, met victims and families. Nine cases have been registered, and the Maharashtra ATS is interrogating two accused. TCS is conducting its own internal probe.

TCS clarified that an individual wrongly identified as an HR manager in the Nashik controversy was a process associate with no recruitment involvement. The company denied reports of the unit's shutdown and reiterated its zero-tolerance policy for misconduct, while also stating no internal complaints were received. An independent inquiry, supported by external agencies, is underway.

Amruta Fadnavis highlighted the importance of swift institutional action and internal reporting mechanisms, drawing from her banking experience amidst allegations of women staff exploitation. Meanwhile, TCS is investigating sexual harassment and religious coercion claims at its Nashik unit, with a preliminary review finding no formal complaints. Two accused in the TCS cases have had their custodial remand extended.

A fact-finding committee has launched an inquiry into alleged sexual harassment and religious conversion at a Nashik TCS office. The panel, including a retired judge and IPS officer, will interview all stakeholders. Meanwhile, Maharashtra CM Devendra Fadnavis called it a "very serious matter," investigating potential "corporate jihad." Police are searching for an accused employee.

India's nuclear ambitions have reached a pivotal stage with the Prototype Fast Breeder Reactor achieving criticality, marking a significant step in its three-stage nuclear program. This advancement positions India as a leader in advanced nuclear technology, bolstering its drive for energy self-reliance and security amidst a rapidly expanding power sector.

Religious and corporate leaders convened at the Bombay Stock Exchange to discuss dharma's role in building a developed India. Speakers emphasized ethics in business, cultural strengthening, and service to humanity. The event, presided over by the Sankaracharya of Kanchi Kamakoti Peetam, highlighted the need for non-political leadership and enduring values for national progress.

deloitte plans to hire 50,000 professionals in India, emphasizing AI integration and upskilling to handle complex roles. The company views AI as a tool for efficiency, not workforce reduction. Nitin Kini highlighted data security and cost as key concerns for Indian PSUs adopting AI, advocating for simultaneous advancement in AI production and cybersecurity.