As many as 7 per cent of bank account holders in the country are using the Internet for banking transactions, while branch banking has fallen by a full 15 percentage points, according to a report by global management consultancy McKinsey & Company.
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'Mining jobs get created in the most backward districts of India's poorest states,' says Anil Agarwal.
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
Chef Aditi Handa, who is deeply invested in baking, makes the most delicious sourdough.
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Some experts believe that building new cities may not be the answer to India's swelling urban population.
The study contains findings across credits and enterprise risk, operational risk, ALM and market risk. 'Both sets of banks (new-generation and traditional) have highlighted the lack of adequate people capabilities as well as the scope/ mandate of the mid-office as key concern areas,' it said. Both are at par with the surface, treasury scope, trading strategies and instruments; improved financial performance is strongly correlated with superior risk management practices.
Increasing personal incomes, addition of healthcare facilities and deeper penetration of health insurance will see India's pharmaceutical market triple to touch $20 billion in a decade, global consulting firm McKinsey said.
With all the brouhaha over GST, and (often) a limited understanding of the long-term forces shaping India's logistics sector, companies seem to have omitted factoring in some underlying trends that could shape supply chain excellence, says Neelesh Mundra.
India has no idiosyncratic innovation ecosystem, distinctively its own. Our VCs will not rush to fund brilliant ideas, says R Gopalakrishnan.
Rajat Gupta was convicted in 2012 of passing illegal tips about Goldman Sachs to Galleon Group founder Raj Rajaratnam.
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.
Of the 1,145 offers made this year, consulting firms made up 34 per cent, followed by banking, financial services and insurance, pharma/healthcare, IT/ITeS and FMCG/retail.
The former Google chief executive officer said he witnessed the creative potential of India's people all around him in Silicon Valley where India-born entrepreneurs account for 40 per cent of start-ups.
Isha and Akash, 23, were appointed to the boards of Reliance Jio Infocomm Ltd and Reliance Retail Ventures Ltd, the company said.
India is emerging as one of the most preferred destinations and the leader for outsourced product development, says Gowri Shankar Subramanian, CEO, Aspire systems.
Siddharth Tata's Purple Chilli helps vegetable farmers earn an income 365 days a year.
Husbands need to take equal share, parents can lend a hand. It is important for women to dispel any self-doubt they have.
Free speech is the soul of a great university. By compromising on it, the founders have bartered away its soul, said Rajan.
Even as India goes green, lack of uniform standards for setting up charging stations is holding back companies. Alnoor Peermohamed reports.
Indian manufacturing exports could touch $300 billion and create about 25-30 million new jobs by 2015, global consultancy firm McKinsey said.
Modi had also said recently that there is a need to administer "bitter medicine" to revive the ailing economy.
Rajat Gupta was freed from Federal Medical Centre Devens, a federal correctional facility in Ayer, Massachusetts, on January 5.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
In India, Korea and Japan, almost fifty per cent of those surveyed believed that family commitments were the primary reason for women leaving the jobs.
43 months after Modi's election promise that his government would create 10 million jobs, the reality does not paint a pretty picture, warns Shyamal Majumdar.
Economy to grow 6.5% in 2016 on better macro conditions, says Mckinsey.
India-located funds have already raised $3.9 billion so far this year.
China accounts for more than one-third of the apparel export market
'About 1.2-2 million people will be added to the IT-ITeS workforce by 2020.'
The presence of top American companies like Microsoft, Cisco and McKinsey in Bengaluru seem to be motivating terror groups to repeatedly target the IT city as it gives them instant publicity globally and acts to thwart foreign investment there.
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.
It is not clear whether the drop in offers is a fallout of demonetisation.
This year's list includes 40 influential people under 40 years of age in five categories -- finance, technology, healthcare, government and politics, and media and entertainment.
Berkshire Hathaway's India-born head of reinsurance business Ajit Jain, seen as a possible successor to billionaire investor Warren Buffett, will testify through a video deposition for his "close friend", former Goldman Sachs director Rajat Gupta in his insider trading trial.
... As the world swings from 'financialisation' to 'artificial intelligence', asks Ajit Balakrishnan.
Berkshire Hathaway's India-born top executive Ajit Jain was "shocked" to hear that his friend ex-McKinsey head Rajat Gupta had lost USD 10 million in an investment fund with Raj Rajaratnam, which he described as a "deliberate hanky panky" by the convicted hedge fund founder.
