Resignations will have no effect: Ernst & Young

Ernst & Young Global has said yesterday's resignation of two more senior partners -- Jairaj Purandare and Rajeev Dimri --were because of some "unresolved differences" relating to the implementation of certain commitments made by them.

Referring to the departure of three other senior partners, Mukesh Butani, Sanjay Mehta and Lalit Ahluwalia, on July 15 this year, a press release issued by the firm's London headquarters said all five were previously with Andersen Worldwide and became part of the new Ernst & Young Indian practice in 2002.

All of them had made certain commitments prior to joining Ernst & Young, the release said.

"All other partners or employees who remain in our firms in India, are completely unaffected by these issues in any respect," the relase said.

Ernst & Young Global Chief Operating Officer J. Ostling said "We at Ernst & Young Global are totally confident that these developments are in no way going to affect the momentum and the high growth path that Ernst & Young in India has set for itself."

Ernst & Young in India has emerged as the country's leading professional services firm, with more than 1500 employees and over 50 partners in our member firms, the release said.