The metropolitan regions of Mumbai generally depend on the core city for its identity and economy. It could be differently designed and developed so the metropolitan region has a better economic activity and help depopulate Mumbai, writes Mahesh Vijapurkar.
Indian software export revenue is likely to grow at 25 per cent year-on-year till 2010 to touch $60 billion, according to Nassocm-Mckinsey report 2005.
The Nasscom-McKinsey Perspective 2020 report notes that healthcare will emerge as a very big opportunity for outsourcing services. Ananda Mukerji, managing director and chief executive officer of Firstsource, feels his company is in the right place to make its mark in the global BPO business.
Executives in emerging markets, including India, are most optimistic about recovery in the economic conditions, and almost half of the respondents expect the growth rate to return to pre-crisis level by 2011, a survey says.
Decisions taken today will determine urban India's shape
Nearly $1.2 trillion (Rs 53.1 lakh crore) is the capital expenditure needed to fund construction of infrastructure for water, sewage, transport and affordable housing among others, with 40 per cent of the estimated 1.47 trillion Indians living in urban areas by 2030.
India faces a shortfall of as much as $190bn in financing key infrastructure projects as the global crisis chokes off urgently needed capital, according to a study by McKinsey, the management consultants.
IT industry association Nasscom on Tuesday said the export revenue target of $50 billion by 2010 will be delayed by 3-4 quarters due to the global economic downturn, and warned of uncertainties in the near future.
Executives say innovation is very important, but their companies' approach to it is often informal, and leaders lack confidence in their innovation decisions. Top managers and other professionals agree that the biggest challenge is talent but disagree on why. Nonetheless, executives agree on some steps to improve innovation.
A McKinsey study on the last slowdown of 2001-2002 showed the companies that emerged successfully from the downturn were those that used their cash, did lots of mergers and acquisitions, and stepped on the accelerator.
The world's largest economy US is expected to witness credit losses of a whopping 3.1 trillion dollars, as the country experiences worsening recessionary trends.
New age technology will reshape India's future.
In a clear sign of how global recession has affected placements, Day 2 of the Slot Zero at the Indian Institute of Management-Ahmedabad saw consulting firms emerge as the clear favourite over the traditionally-preferred investment banks.
According to a survey conducted by global consultancy firm McKinsey, 48 per cent of the executives from across the world pointed out climate change as the single biggest concern that would affect the shareholder value over the next five years. In a similar survey conducted in 2005, the executives had termed job losses from offshoring as biggest socio-political issue and environment issue stood at third place.
After jumping from 129th in 2005 to 2nd in 2006 and to numero uno this year, Google, the most popular search engine is now the most popular place to work for MBA students, thus ending McKinsey & Company's 12-year reign.
Interestingly, communications, which accounts for only 2 per cent of spending today, will be one of the fastest expanding categories with growth of over 13 per cent a year.
The analyst community tracking the Indian IT services industry took special note of Accenture's first quarter (Q1) performance, which showcased the rapid growth of its consulting business that outperformed its outsourcing business. Bookings indicate that the trend will continue. Consulting bookings increased 41.6 per cent year-on-year (yoy) to $9.4 billion, higher than the 17.6 per cent growth in outsourcing to $7.4 billion. The management commentary was also more bullish on the consulting business.
India has the world's largest treasure-trove of skilled manpower and is on the way to become a global IT powerhouse.
When the Delhi police served him a notice in May for a case involving tagging some political leaders' tweets as carrying manipulated media, a spirited Maheshwari said he was employed by Twitter Communications Private Limited, and not Twitter Inc, and, therefore, could not help them. The authorities were understandably not pleased.
Yes, India needs desperate measures to kick-start growth. But selling off its lungs to the highest bidder to hack away cannot be the way out, says Sumit Bhattacharya.
India is emerging as one of the most preferred destinations and the leader for outsourced product development, says Gowri Shankar Subramanian, CEO, Aspire systems.
Cisco, a global major in networking for the Internet, is aggressively looking at the Indian automotive sector, as it opens up to exponential growth and challenges from global auto markets.
The head of the global merger management practice at McKinsey & Company, Clay Deutsch, takes us behind the scenes of some of India's biggest deals and tells you why deals succeed or fail, because 70% of all deals fail.
Successful inroads in new markets could drive Escorts' national share above the current 11 per cent, reports Ajay Modi.
It is important for working professionals to not get attached to a designation or title or brand or a company name, asserts Aditya Malik, MD & CEO, Talentedge.
The memoir tells the story of his meteoric rise and equally dramatic fall.
Researchers from wildlife conservation group World Wildlife Fund and the park's conservation academy found about 5.9 kg of plastic waste in the animal's stomach.
Gupta, who has also been associated with the UN in other capacities, succeeds John Chalsty who stepped down after a two-year term.
An additional 68 million women could potentially enter the labour force over the coming decade.
It said while Indian IT services companies were the "disruptors" and had created the modern offshoring industry, they are now incumbents, challenged by a host of specialised and niche start-ups that have emerged in the new digital environment.
By 2022, there is a plan to make an mRNA-technology vaccine, for which it has tied up with Canadian firm Providence Therapeutics.
