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.
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.
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).
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.
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.
"I must admit that given the nature of competitive politics and the very fractured mandates given to governments, it has become difficult sometimes for us to do what is manifestly obvious," he said, addressing a meeting of McKinsey Board in India.
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.
Gupta is scheduled to be released from prison in March, 2016.
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.
Amit Jain tells Shyamal Majumdar about his dream to make Uber the 'safest place in the city'
Data collected from the Registrar of Companies, or RoC, show that The Firm, as McKinsey is reverentially referred to, has been making steady losses in India since 2004-2005, except in 2006-07. It ended 2007-08 with a loss of Rs 2.26 crore, which was a lot better than the figure in some of the earlier years.
Another Indian School of Business (ISB) is taking shape. Rajat Gupta, the former CEO of McKinsey & Company and now a senior partner in the professional services firm, along with his team is planning to set up a second ISB, this time in the North. The existing ISB in Hyderabad was Gupta's brainchild and is among India's most coveted business schools. It is spread over 260 acres of land and was set up in December 1999 at a cost of around Rs 100 crore (Rs 1 billion).
Those in India remain the world's most confident executives while outperforming the global average by a decent ten points, McKinsey said.
Asian consumers look at brands from the West is different from the way the West looks at its own brands.
While overall employment rose from 456 mn to 463 mn between FY11 and FY15, with farm employment falling by 26 mn over the same period, the net addition to employment over the entire four year period was a mere 7 mn.
Nasscom chief Kiran Karnik said: 'I am not saying you throw open education, but we need to liberate higher professional education from constraints.'
They combine financial protection and health and lifestyle management support for non-communicable diseases such as hypertension, diabetes, heart disease, cancers and tumours.
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.
Medical tourism can contribute Rs 5,000-10,000 crore (Rs 50-100 billion) additional revenue to upmarket tertiary hospitals by 2012, according to the CII-McKinsey study on healthcare.
India faces huge shortage of software product developers who can think "out-of-the-box" ideas and concepts but the educational institutes are churning out engineers suited mainly for the IT services market, industry officials say.
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.
Marquee recruiters made premium offers, with consulting leading the pack by making 25.04% of the offers, followed by IT/ITeS (18.59%), e-commerce (10.55%) and BFSI (10.13%).
Industrial Finance Corporation of India on Thursday said it has offered 9 per cent interest to the Employees Provident Fund Organisation and other retirement funds though it was much higher than the present market rate.
BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India
The memoir tells the story of his meteoric rise and equally dramatic fall.
Has Make in India's mascot, the metal lion, begun to rust?
Physical security for women, the first step towards getting them into factories and offices, is all but absent in most Indian cities, notes Kanika Datta.
The Rs 1.5 lakh crore (Rs 1.5 trillion) processed food sector in the country is expected to provide 72.72 lakh (7.272 million) jobs during 2004-05 as a result of high production of milk, fruits and vegetables, according to a study.
