A recent McKinsey report warns that unless IT professionals re-train themselves, they could become irrelevant.
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.
In an interview with Ranju Sarkar, the founders of Stellaris Venture Partners -- Ritesh Banglani, Alok Goyal and Rahul Chowdhri -- share discuss their unique founder network and why they are bullish on India.
Until recently, average incomes in advanced countries were increasing at much faster rates than in the rest of the world.
Private-equity funds made an average annual return of just 7 per cent between January 2007 and December 2013 while the Sensex was up 11 per cent.
May 21 promises to be a crucial day for the Indian-American community as one of corporate America's most prominent India-born executives is scheduled to go on trial here while miles away a New Jersey court is to decide the fate of a Chennai native convicted of a hate crime.
Rajat Gupta was the former head of bluechip consulting firm McKinsey.
Can there be one norm for the US and another for India?
Upskilling would not only improve chances of employability but would also increase the scope of jobs based on skills they have acquired over a period of time, says Akhand Swaroop Pandit, co-founder and CEO, The Catalyst Group.
With constant surveillance and monitored bathroom use, the BPO worker is not just partying says Shehzaad Nadeem.
Manufacturing in India accounts for about 16% of GDP.
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.
80% of incremental enterprise investment to be in digital technologies by 2020.
Indian CEOs are to be now offered the choice of outsourcing all or part of their managerial responsibilities for a specified period.
The former McKinsey India head is presently on board of many big Indian conglomerates.
Mantras from a successful professional on how young Indians can become more successful and employable.
Former managing director of McKinsey & Co, Rajat Gupta, has stepped down as chairperson of the Public Health Foundation of India (PHFI). Gupta's resignation comes days before the PHFI executive was to discuss his exit.
Successful inroads in new markets could drive Escorts' national share above the current 11 per cent, reports Ajay Modi.
The challenge for India is to write a new chapter in low-cost urban development.
A National Association of Software and Services Companies study done by McKinsey suggests that the industry has quadrupled its gross domestic product contribution to four per cent, contributed to 45 per cent of all incremental urban employment created in the last 10 years, employed over two million people and gave impetus to new entrepreneurs, and increased the number of tertiary education institutions in the country.
There are good reasons to believe that India is at the start of a long period of growth for equities.
Some of the world's richest cities are also the most populous.
Generation, a youth employment non-profit, is empowering young people to build thriving, sustainable careers. It also provides employers the highly skilled, motivated talent they need.
Banks can collapse, markets can be rigged, investment instruments can become worthless overnight, auditors can fail to blow the whistle, board directors can be asleep, and regulators can be incompetent, notes T N Ninan.
Over 36 per cent of the 1,630 executives surveyed in India in March this year expected an upturn in the global economy by the end of 2009, as against 34 per cent of North American business executives and 32 per cent of Chinese. Asia-Pacific and Europe recorded 28 per cent and 24 per cent on the hope meter. However, about 62 per cent of Indians surveyed expected the world economy to rebound only by 2010 or later.
The finance ministry welcomed an inter-meeting rate cut by Reserve Bank of India (RBI) on Thursday, saying it reflected easing inflation concerns and vindicated the government's efforts to achieve economic growth without stoking inflation.
A McKinsey & Company report also said organised retail was expected to grow from the current 5 per cent to 14-18 per cent of the total retail market in 2015. It added that retail in India could be profitable but not with 'cut and paste' global formats. The greatest challenge would be to maintain the organisation's focus on profitability while cultivating flexibility.
Poor land-use planning, indiscriminate approvals of building plans and the absence of disaster-risk assessment in urban design have resulted in what experts term concentrated concretization, predisposing cities to disaster risks
Employable skills have taken on significant importance when it comes to recruiting candidates for a job. Find out what skills recruiters are looking for.
Poor contract workers often have little or no access to safety equipment or health benefits in factories.
The decision to not attend the forum attended by 28 heads of state and 130 national delegations is a clear break from its usual policy of going along with the crowd.
One hundred years from now, of course, I expect Tata to be much bigger and more global than it is now.
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.
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.
According to international consultancy firm McKinsey, companies across the world are mostly planning to increase their headcount in the next six months with firms planning new hirings being double of those looking for job cuts.
Close on the heels the Tatas and Infosys announcing plans of leadership change, L&T chief A M Naik has said his successor will be named by March 2012, a full six months before he hangs up his boots.
Kumar has been director on the board of ISB, which is affiliated to Wharton, Kellogg and London School of Business, for four or five years.
Amazon's investors are counting on its international business and expansion to help drive growth and support its $165 billion market value, one of the highest among US firms.
Women from promoter families who have become directors since January this year include Sarala Birla (Century Textiles, Century Enka), Nawaz Gautam Singhania (Raymond Group), Bina Modi (Godfrey Phillips), Saroj Bhartia (Jindal Drilling & Industries) and Deepshikha Khaitan (Cera Sanitaryware).
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