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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 10.8k reviews | 3.8/5 based on 17.8k reviews ![]() | 3.5/5 based on 5.5k reviews | 3.4/5 based on 9.2k reviews |
Highly Rated for | ![]() No highly rated category | Skill development Salary Job security | ![]() No highly rated category | ![]() No highly rated category |
Critically Rated for | Work-life balance Promotions Work satisfaction | Work-life balance | Work-life balance Promotions Work satisfaction | Work-life balance Promotions Work satisfaction |
Primary Work Policy | Hybrid 73% employees reported | Hybrid 82% employees reported | Hybrid 65% employees reported | Hybrid 72% employees reported |
Rating by Women Employees | 3.4 Average rated by 3.4k women | 3.7 Good rated by 5.2k women | 3.4 Average rated by 1.7k women | 3.4 Average rated by 2.7k women |
Rating by Men Employees | 3.5 Good rated by 6.9k men | 3.8 Good rated by 10.7k men | 3.5 Good rated by 3.4k men | 3.4 Average rated by 6.1k men |
Job security | 3.7 Good | 3.8 Good | 3.6 Good | 3.5 Good |
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Nithin Kamath is the EY Entrepreneur Of The Year 2024
- Nithin Kamath is named EY Entrepreneur Of The Year 2024.
- His low-margin, high-volume strategy transformed the brokerage industry.
- Nithin Kamath will represent India at the global stage at the WEOY in Monte Carlo.
- KV Kamath and S Somanath were honored with Lifetime Achievement Award and Special Jury Award respectively.

AI is Now Your Financial Guru
- Traditional investment options like fixed deposits and gold no longer meet the financial needs of the current generation.
- Data from RBI shows a lack of awareness about investment opportunities, leading to a gap in diversification.
- AI-driven solutions like MyFi are filling the gap in financial advisory services by offering personalised investment recommendations.
- MyFi empowers users through its AI-powered personal finance assistant that integrates with the RBI-approved account aggregator framework.
- AI is revolutionizing trading with companies like uTrade Solutions offering algorithmic trading platforms simplifying trading strategies.
- uTrade's platform provides pre-made strategy templates and a marketplace for AI-driven trading algorithms for traders of all levels.
- In tax and accounting, firms like EY, KPMG, and Deloitte are embracing AI automation to streamline processes and enhance insights.
- Indian startup Fhero Accounting Solutions integrates AI into tax and accounting workflows for automation and improved accuracy.
- AI is expected to enable proactive financial advice delivery based on individual circumstances and enhance personalized experiences for all.
- The financial industry's progress in utilizing AI depends on innovative design thinking and development efforts to make advanced services widely accessible.

Byju's legal battles: US court ruling, new RP and whistleblower claims
- US Bankruptcy Court holds Byju's responsible for defrauding its US entity, Byju's Alpha Inc, and its lenders.
- Court confirmed fraudulent fund transfers and accused Riju Ravindran of breaching duties as a director of Byju’s Alpha.
- Glas Trust initiates legal action against Byju's in India over the US lenders' matter.
- Byju Raveendran accuses EY, Glas Trust, and former RP of collusion and fraud, demanding an investigation.
- EY whistleblower alleges collaboration with Glas Trust in insolvency proceedings, refuted by EY.
- New RP Shailendra Ajmera appointed by NCLT, opposed by Raveendran's counsel.
- NCLT found issues with former RP Srivastava's actions, leading to disciplinary proceedings against him.
- Glas Trust and Aditya Birla Finance reinstated to the CoC after being removed by Srivastava's restructuring.
- Byju's faces legal battles amid accusations and changes in the resolution professionals overseeing the company's affairs.
- The situation involves allegations of fraud, collusion, and lack of transparency in Byju's financial dealings.

Byju Raveendran alleges collusion between EY India and Glas Trust
- Byju Raveendran alleges collusion between EY India and Glas Trust.
- He claimed that EY India, Glas Trust, and the resolution professional appointed for the company have 'destroyed' the company.
- Byju mentioned that a thorough investigation is needed to uncover the truth about the matter.
- He expressed his determination to make a comeback and asked BYJU's employees to stay strong and proud.

Byju Raveendran Breaks Silence & Urges Probe Into EY - Glas Trust ‘Collusion’
- Byju Raveendran, the founder and CEO of Byju's, addressed the company's financial crisis and legal battles in a LinkedIn post.
- Raveendran revealed that he has sold everything he owns to keep his mission alive and accused Glas Trust and the interim resolution professional of harming rather than protecting the company.
- He called for a thorough investigation into the alleged criminal collusion between EY India, GLAS Trust, and the IRP and urged the authorities to take action.
- Raveendran expressed his determination to bounce back and redefine resilience in Indian entrepreneurship.

Byju Raveendran alleges collusion between EY India, Glas Trust and resolution professional
- Byju Raveendran, founder of embattled edtech Byju's, accused EY India, Glas Trust, and the resolution professional of collusion.
- Byju alleged that EY India, Glas Trust, and the resolution professional destroyed Byju's instead of protecting it.
- Byju claimed that a thorough investigation will reveal evidence of criminal collusion.
- Byju's founder expressed determination to make a comeback and asked BYJUites to stay strong and proud.

Eighth Pay Commission may upset the downward path of the debt-GDP ratio, says EY report
- The implementation of the Eighth Central Pay Commission may lead to the need for additional borrowing in FY27, which may delay the achievement of sustainable levels of debt and fiscal deficit.
- The government announced the setting up of the 8th Pay Commission, which will impact the salary, pensions, and expenditure of over 50 lakh Central government employees and pensioners.
- The increase in pay and pension bill following the implementation of the recommendations by the 8th Pay Commission is expected to impact the fiscal consolidation roadmap.
- The report suggests the government needs to strengthen revenue mobilization, increase the tax-to-GDP ratio, and steadily reduce the fiscal deficit to achieve the Fiscal Responsibility and Budget Management Act (FRBMA) target.
DXC paid 50% more than original contract value for disastrous public sector Oracle project
- DXC accrued over 50 percent more than its original contract value for completing less than half the scheduled contract term during a disastrous project to move a UK government body off an ageing SAP ERP system and onto Oracle Fusion.
- The ERP transformation project at West Sussex County Council saw cost escalations of 15 times the initial estimates to reach £40 million ($50 million) and lacked assurance of replacement business management and a contractual delivery partner.
- DXC started the project in May 2020 under a five-year, £4 million contract, but weaknesses in budgeting, governance, and risk management were identified by internal and independent audits.
- The relationship between the Council and DXC deteriorated, leading to the termination of the agreement in September 2023, with DXC already receiving over 50 percent more than the original contract price.
- The Council paid DXC around £6.6 million, more than 50 percent above the original contract price, despite putting the project on pause after agreeing on a contract variation.
- A report by Ernst & Young highlighted weaknesses in program management, with the council pausing the project in November 2022 to put a rectification plan in place due to deviations in timeline and budget.
- The council's version of events differs from the director of law and assurance's report, raising questions about the project's progress and the payments to DXC during the pause.
- The council engaged Infosys in a £5.8 million deal to complete the project, with the go-live date for the new ERP system now expected in December 2025 and April 2026.
- The project experienced delays and cost overruns, highlighting the challenges and complexities involved in managing large-scale ERP transformations in the public sector.

New Income Tax Bill Shows Predictability, Stability, Continuity: EY's Pranav Sayta
- The New Income Tax Bill, tabled by Finance Minister Nirmala Sitharaman, has attempted to simplify the structure, according to EY India's Pranav Sayta.
- The bill is largely in line with expectations and shows predictability, stability, and continuity.
- No significant changes have been made, and the bill has not introduced any new taxes.
- The new bill has brought improvements by simplifying the tax structure and clarifying the time frame.

SAP and Databricks Open a Bold New Era of Data and AI
- SAP and Databricks have introduced SAP Business Data Cloud, a SaaS solution to manage enterprise data, connect with third-party data, and provide transformational insights.
- The partnership between SAP and Databricks signifies a new era in enterprise data management, aiming to redefine how data platforms work.
- SAP Business Data Cloud addresses challenges related to poor data quality and data harmonization, providing a trusted and harmonized data foundation.
- It offers fully managed SAP data products across various business processes, simplifying lifecycle management and enabling zero-copy sharing.
- The solution includes pre-built analytical applications to accelerate decision-making in areas like ERP, finance, supply chain, and customer experience.
- SAP Business Data Cloud leverages Databricks for data connectivity, business semantics, data engineering, and machine learning/AI capabilities.
- It facilitates analytics and planning integration, enabling users to move from insights to actions seamlessly.
- The ecosystem of SAP Business Data Cloud supports an open data ecosystem, integrating with partners like Collibra, Confluent, DataRobot, and more.
- The solution fosters reliable AI by ensuring AI is built on accurate, trusted data with business context, enhancing productivity and automation.
- Partnerships with companies like Accenture, DataRobot, McKinsey, PwC, EY, Deloitte, and Capgemini offer additional insights apps on SAP Business Data Cloud.
Ernst & Young Subsidiaries
Thomson Reuters
C Centric Solutions
Zilker Technology
Parthenon - EY
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