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Press Releases from Ernst & Young India (10 total)

Small towns lead the league for marketers

Mumbai, 11 May, 2010: Ernst and Young today released the report, "The New Market Shehers: Tapping Potential Beyond the Metros" identifying the trends in consumption patterns and marketing spends in small town India. The report provides an insight on how non-metro urban markets are becoming more relevant in India's consumption story and how marketers are restructuring their budgets to take advantage of the new urban consumer. The New Market Shehers:

Indian passenger vehicle market expected to be 3.75 million by 2014, Ernst & You …

NEW DELHI, 29 June: The Indian passenger vehicle market is expected to grow at a compounded annual growth rate of 12% over the next five years, reaching 3.75 million units in 2014 from current sales of 1.89 million units in FY09, reveals a latest analysis by professional services firm Ernst & Young. While exports are expected to contribute with volumes of 1 million units, the balance of 2.75 million

India Inc optimistic about growth; Ernst & Young Survey

• At least 10% growth in businesses expected for FY10 by 46% respondents • Three-fourth respondents report only a low to medium impact of downturn • Cost reduction, hiring freeze, commodity and forex risk management dominate corporate agendas • Term loans from banks, debt/equity from group companies emerge as preferred means of raising capital • Majority expect consolidation, 47% believe assets are undervalued Mumbai/ New Delhi, 5 May, 2009 : – As the recent fourth quarter

Indian wellness services market to grow at 30-35% CAGR, says FICCI-Ernst & Young …

Mumbai, April 15, 2009- Notwithstanding the current economic slowdown which has impacted several sectors, the Indian wellness services market is expected to remain buoyant and has the potential to sustain a compounded annual growth rate (CAGR) of approximately 30-35% for the next five years, says a latest study by FICCI and professional services firm, Ernst & Young. The wellness services market is currently estimated at Rs 11,000 crore. The FICCI-EY

Emerging economies set to become one of the key buyers of corporate assets world …

INDIA, 18 March 2009 – M&A transactions may be below their historical peaks, but frozen credit markets and a rapidly deteriorating global economy are driving an increasing number of distressed asset sales and historic deals, according to a new Ernst & Young report. Divesting in turbulent times: Achieving value in a buyer’s market is the first global survey of its kind charting the changing corporate approach to divesting. Over

Indian steel’s long-term fundamentals are intact: Ernst & Young

New Delhi, 18 February 09: Leading professional services firm Ernst & Young (EY) today released a report titled ”Indian Steel Industry 2009: squeezed, but strong” at the Mining to Steel Summit 2009 organized by Indian Chambers of Commerce (ICC) here. Sounding an optimistic note, the report states that though the world steel scenario is grim, India has the potential to grow at double digit rates and should target

Ernst & Young-Assocham report stresses on consolidation in financial services

Mumbai, 9 February 2009: Leading professional services firm Ernst & Young (EY) and the Associated Chambers of Commerce and Industry of India (ASSOCHAM) today released a report titled ”Financial services: state of the industry and way forward.” The report seeks to present distinct opportunities such as consolidation, development of the debt market, focus on risk management and alternate financing options, which will help India develop into an economic

Ernst & Young launches survey on how companies manage volatility in commodity Pr …

Mumbai, December 16, 2008: Professional services firm Ernst & Young today released its survey entitled, “Commodity price risk management survey 2008”.The survey indicates that commodity risk management operations are not fully geared to protect margins. The survey also indicates a lack of focused and structured hedging program within companies. The survey captures views of senior executives from more that 45 companies across sectors having exposure to a wide range of commodities

An Ernst & Young Study: Declining upstream asset valuations to trigger M&A

Impact of global economic slowdown on the oil and gas industry to be limited to liquidity constraints, as domestic consumption continues to grow and production is expected to remain largely in deficit • Declining global asset valuations to drive M&A by cash-rich upstream players • Acquisition of reserves to become more competitive • Strong potential for alliances between national oil companies and industry in resource-rich nations Mumbai, 17 November: The impact of the

Ernst & Young announces 19 Finalists for the Tenth Entrepreneur of the Year Awar …

New Delhi, November 10, 2008: Nineteen of India’s successful entrepreneurs, who have displayed an inspiring vision, unabated zeal and passion to make a difference, have been selected as ‘Finalists’ for the coveted Ernst & Young Entrepreneur of the Year Awards. This year, the awards will be announced on November 26th in Mumbai in the presence of leading global and business personalities, including Mr. Somnath Chatterjee, Hon’ble speaker of

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