
Ernst & Young

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About Ernst & Young

We help digital pioneers fight data piracy; guide governments through cash-flow crises; unlock new medical treatments with data analytics; and pursue high quality audits to build trust in financial markets and business. And now we’ve unified all our artificial intelligence (AI) innovation and development efforts under one platform, EY.ai, to help enable clients to efficiently access the benefits of AI. It is also intended to increase transparency, trust, and confidence in AI as EY seeks to use these new capabilities to serve the broader interests of society and contribute to a more inclusive, equitable future.
Through our four integrated service lines — Assurance, Consulting, Strategy and Transactions, and Tax — and our deep sector knowledge, we help our clients to capitalize on new opportunities and assess and manage risk to deliver responsible growth. Our high-performing, multidisciplinary teams help them fulfill regulatory requirements, keep investors informed and meet stakeholder needs.
We believe a better working world is one where economic growth is sustainable and inclusive. We work continuously to improve the quality of all our services, investing in our people and innovation. And we’re proud to work with others – from our clients to wider stakeholders – to use our knowledge, skills and experience to help fulfill our purpose and create positive change.
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Overall Rating | 3.4/5 based on 12k reviews | 3.7/5 based on 19.7k reviews ![]() | 3.4/5 based on 6.2k reviews | 3.3/5 based on 10.5k reviews |
Highly Rated for | ![]() No highly rated category | Skill development Job security | ![]() No highly rated category | ![]() No highly rated category |
Critically Rated for | Work-life balance Promotions Work satisfaction | Work-life balance Promotions | Promotions Work-life balance Work satisfaction | Promotions Work-life balance Work satisfaction |
Primary Work Policy | Hybrid 74% employees reported | Hybrid 83% employees reported | Hybrid 65% employees reported | Hybrid 74% employees reported |
Rating by Women Employees | 3.3 Average rated by 3.8k women | 3.7 Good rated by 5.9k women | 3.4 Average rated by 2k women | 3.3 Average rated by 3.1k women |
Rating by Men Employees | 3.4 Average rated by 7.7k men | 3.8 Good rated by 12k men | 3.5 Good rated by 3.9k men | 3.3 Average rated by 7k men |
Job security | 3.6 Good | 3.8 Good | 3.6 Good | 3.4 Average |
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Shipra Saraf appointed head-HR consulting, India and S. Asia, Microsoft
- Shipra Saraf has been appointed as the head of HR consulting for India and South Asia at Microsoft, moving from her previous role as the head of HR for India at Kenvue since 2022.
- Shipra Saraf is an alumna of Lady Shri Ram College (LSR), Delhi University and XLRI Jamshedpur. She started her career as an intern at EY and held various HR roles at Johnson & Johnson before joining Kenvue.
- She describes herself as a collaborative leader and is excited to join Microsoft during a time when the company is focused on leveraging AI to revolutionize work processes.
- Shipra Saraf's career progression showcases her expertise and leadership in HR roles, culminating in her new position at Microsoft. HR Katha extends best wishes for her new role.

Rate rationalisation will improve GST system
- Expansion of taxpayer base from 67.83 lakh to 1.47 crore as of August 2024, showing formalization of the economy.
- Monthly GST collections consistently nearing ₹2 lakh crore.
- Digital enablement through streamlined processes like registration, return filing, and e-way bills.
- GST Council's proactive role through circulars and FAQs noted.
- Challenges persist with classification, rates, and sectors outside the GST net.
- Operationalising the GST Appellate Tribunal (GSTAT) highlighted as a priority.
- Calls for re-evaluation of tax slab structure and product categorization.
- Proposed reconsideration of tax slabs for essential items to enhance affordability.
- Suggested reevaluation of GST treatment for life and health insurance to expand coverage.
- Invoice Management System (IMS) proposed to be made mandatory for stable compliance.
- Inclusion of petroleum products and electricity within the GST framework recommended.
- Easing restrictions on input tax credit essential to minimize cascading costs.
- Opportune moment for reforms with buoyancy in GST collections and Vision 2047 goals.
- Authored by Tax Partner, EY India, with contribution from Tax Professional, EY India.

EV Ride Hailing Startup Evera Bags $4 Mn From Mufin Green Finance
- EV ride hailing startup Evera Cabs secures $4 Mn from Mufin Green Finance through convertible debentures and debt.
- The investment aims to enhance customer experience with a focus on clean tech and seamless commuting.
- Evera Cabs recently acquired BluSmart's fleet and driver network, expanding its B2B and B2C services.
- Founded in 2019, Evera Cabs offers EV ride hailing services with no cancellation and surge charges.
- The startup currently operates with a fleet of 450 EV cabs, aiming to expand to 1,000 BluSmart EVs.
- Previous funding rounds included a $7 Mn pre-Series A funding led by international investors.
- The EV ride-hailing sector faced challenges with the downfall of BluSmart, affecting drivers and employees.
- Issues arose with Gensol Engineering promoters using company funds for personal investments.
- Evera Cabs caters to corporate clients such as EY and Orix while competing with Ola and Uber in the EV ride-hailing market.
- The Indian EV market is expected to reach nearly $114 Bn by 2029, providing growth opportunities for companies like Evera.
- The article is sourced from Inc42 Media.

BYJU’S RP Sues Former Directors Over Alleged Transfer Of Company Assets
- BYJU’S RP has filed a lawsuit against former directors for alleged transfer of company assets.
- The lawsuit at NCLT named Byju Raveendran, Riju Ravindran, Divya Gokulnath, and Jiney Thathil.
- RP demands compensation for fraudulent transfers totaling $533 Mn and INR 130 Cr.
- BYJU’S founders refute allegations, calling them baseless.
- Next hearing scheduled for July 9 regarding the lawsuit.
- ICAI to resume probe on financial statement lapses at BYJU’S.
- Four new benches constituted by ICAI to investigate the matter.
- Investigation found negligence by BYJU’S auditors and gross negligence on accounting practices.
- Ajmera appointed as RP of BYJU in March replacing former RP Pankaj Srivastava.
- Lenders requested Srivastava's removal as RP for not involving them in the creditors' committee.
- Allegations of 'criminal collusion' raised by BYJU’S founders against EY, RP, and lenders.
- US Insolvency Court ruled in favor of lenders in BYJU’S Alpha case involving a fraudulent transfer of $533 Mn.
- BYJU’S RP lawsuit reflects ongoing legal and financial challenges faced by the edtech firm.
- The case continues to unfold amidst allegations and legal proceedings.
- The complex situation highlights the intricacies of corporate governance and financial oversight.
- BYJU’S and its stakeholders are navigating a tumultuous period of legal scrutiny and investigations.

Byju’s RP’s suit claims directors owe compensation to company under IBC laws
- An EY-backed resolution professional (RP) has filed lawsuits at the NCLT against former Byju’s directors for fraudulent transfers of company assets.
- The lawsuits aim to reverse detrimental transactions made by the company’s previous management under the Insolvency and Bankruptcy Code.
- Two sets of transactions involving millions of dollars have been contested, alleging deprivation of funds from Think and Learn.
- The former directors – Byju Raveendran, Riju Ravindran, and Divya Gokulnath – are implicated in the lawsuits.
- The RP demands that the sums be compensated to the company by the former directors.
- Riju Ravindran previously filed a petition for the RP's removal, citing EY's prior advisory role and conflicts of interest.
- Allegations have been made against EY acting in the interest of Glas Trust rather than the company.
- Another recent petition challenged Glas Trust's representation of Think and Learn's creditors, claiming lack of legal entitlement and lender support.
- A lawsuit mirrors a Delaware court ruling questioning Byju’s Alpha's transfer of a $533 million ownership interest to related entities, deemed illegal.
- The former directors have contested the Delaware court ruling and filed an appeal against it.

Creating Inclusive AI Workplaces: A Comprehensive Guide for Neurodivergent Success
- Neurodivergent individuals are proving to be valuable employees in AI-enhanced workplaces, being up to 30% more productive than neurotypical workers and less susceptible to biases.
- Companies like EY, Microsoft, and JPMorgan Chase have demonstrated success in harnessing the potential of neurodivergent employees through various programs and initiatives.
- Integration of AI tools like ClickUp and Goblin Tools is improving task management and efficiency for neurodivergent employees.
- AI-driven solutions include enhanced task management, personalized learning platforms, communication aids, and adaptive technologies.
- Business leaders are urged to engage with neurodivergent individuals and implement AI systems that consider diverse cognitive styles.
- Key principles for inclusive AI workplaces include embedding diversity in AI design, ensuring transparency in decision-making, conducting bias audits, and using AI analytics for diversity tracking.
- Despite the increasing use of AI tools in Australia, there is still a limited scale of AI implementation across organizations, presenting an opportunity for more inclusive systems.
- Suggestions for creating inclusive AI workplaces include investing in AI tools that support diverse cognitive styles, developing clear implementation strategies, and providing supportive training systems.
- Neurodivergent employees are encouraged to leverage AI tools, seek skill development opportunities, and contribute to innovation with their unique perspectives.
- The future of work emphasizes human intelligence alongside artificial intelligence, highlighting the importance of creating inclusive AI workplaces.
- Success stories from various companies show the possibilities of inclusive AI workplaces and the importance of supporting and enhancing all employees' unique capabilities.
- Organizations are encouraged to prioritize the creation of inclusive AI workplaces to drive innovation, productivity, and success.
- Actionable steps for employers and neurodivergent employees are provided to promote neurodiversity, skill development, and workplace innovation.
- The focus is on designing AI systems that celebrate neurodiversity and enhance employees' capabilities.
- The question is not whether to create inclusive AI workplaces, but how quickly they can become a reality.
- The article encourages readers to follow for more information on neurodiversity, AI, and the future of work.

Time intelligence startup Laurel gets $100M to turbocharge worker productivity
- Laurel Inc., an AI-native time keeping startup, has raised $100 million in Series C funding to enhance worker productivity in legal, consulting, and accounting firms by providing real-time insights into time allocation.
- The funding round was led by IVP and supported by investors like Google's GV, 01.a, DST Global, and Marc Benioff's TIME Ventures, along with industry experts such as OpenAI's Kevin Weil and Dropbox's Arash Ferdowsi.
- Laurel's AI Time platform utilizes AI algorithms to analyze and categorize professionals' time usage by integrating with various software applications they use daily.
- The platform aims to help companies optimize workforce efficiency by grouping related tasks together and providing insights into time data and business outcomes.
- Professional services firms often lack visibility into how their workers spend time, impacting their productivity and efficiency in comparison to other industries that manage resources more effectively.
- Laurel's platform, described as a 'time intelligence layer', assists firms in measuring and enhancing time management, ultimately aiming to boost productivity in knowledge industries.
- Laurel's clients include Ernst & Young, Freshfields, Grant Thornton, and Crowell & Moring. The platform claims to recover an average of 28 billable minutes per day per professional, leading to increased profit margins.
- The startup's revenue has grown over 300% in the past year, with a significant increase in platform usage. Laurel is positioned to help drive AI transformation in professional services firms.
- IVP General Partner Ajay Vashee praises Laurel for addressing the lack of visibility into firms' core resource, time, and creating a foundation for broader AI adoption in the industry.
- The impact of Laurel's time intelligence layer has been significant, with clients reporting improved operational efficiencies and better outcomes for their clients, thus driving the startup's growth.

Building Seamless User-Centric Products: The Strategic Leadership of Vennela Subramanyam
- In the realm of product management, capturing user satisfaction while driving business success is key; prioritize customer experience for revenue growth and customer loyalty.
- Vennela Subramanyam exemplifies user-centric product leadership, blending customer needs with business outcomes effectively.
- She leverages diverse experiences across fintech, consulting, and tech at companies like RobustWealth, Ernst & Young, and Google.
- Subramanyam emphasizes user-centricity, data-driven decisions, and continuous improvement in development.
- Balancing business goals, technical feasibility, and user needs is crucial for successful product development.
- Her structured approach includes usability testing, customer journey mapping, and iterative learning in product discovery.
- Subramanyam strategically integrates AI, automation, and data-driven insights by understanding high-impact problems.
- She employs predictive and generative AI models based on user problems and validates through user feedback.
- Her agile and iterative roadmap approach prioritizes market-driven direction, clear themes, and user-desirable features.
- Stakeholder alignment, measurement of success metrics, and strategic guidance characterize Subramanyam's approach to product leadership.

2 questions job applicants should ask in an interview, according to a global talent leader at EY
- Irmgard Naudin ten Cate, global talent attraction and acquisition leader at EY, recommends job applicants to ask questions during interviews to convey interest in the role and gain insights into the job, company, and colleagues.
- One effective question she suggests is 'What does success look like when I'm doing this job?' This question helps candidates understand the priorities and expectations of the role and can lead to further insightful discussions.
- Another recommended question is why the interviewer has stayed at the company and what they like about it. This can provide a more personal view of the company and help candidates establish a personal connection while learning about career growth opportunities.
- Naudin ten Cate advises applicants to ask questions that align with the company's values to assess the compatibility of their values with the company's culture, as these questions often resonate well with interviewers.
Uncertainty is the new norm, says EY boss Janet Truncale. She's advising clients to rely on 'muscle memory' to get through.
- Uncertainty is going to be the norm according to Janet Truncale, the global chair and CEO of EY.
- Truncale advises entrepreneurs and business leaders to lean on 'muscle memory' and not go it alone in the face of ongoing uncertainties.
- EY clients are focusing on transformation, growth, customer needs, and cost reduction in the current uncertain business environment.
- Since becoming CEO in July 2024, Truncale has implemented strategic changes at EY, including merging geographical regions and expanding services, amid industry-wide challenges.

Ernst & Young Subsidiaries

Thomson Reuters

C Centric Solutions

Zilker Technology

Parthenon - EY

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