Kumar will succeed Dinesh Keskar, who returned to Boeing Commercial Airplanes earlier this year.
Of these, 150 million have not even completed primary education. Providing job-relevant vocational skills to these workers is a unique challenge that India faces, said the report.Vocational education from the secondary school level should be pursued, and efforts should be made to retrain 285 million adult workers with just primary schooling or less, according to Anu Madgavkar, senior fellow, McKinsey Global Institute.
It is not the lack of skills and poor education institutes, but the lack of passion to learn and poor choices that is holding India's young grads back.
According to the email, Kumar said, "When with Mukesh on portfolio question. . . 2 things to explore: A) Raj wants to know if they will get into the solar biz aggressively and when (there are implications for supplier companies etc)."
US District Judge Jed Rakoff had set as October 18 the date for sentencing Gupta after the ex-McKinsey head was found guilty by a jury here of passing confidential company information to Rajaratnam.
While being "cautiously optimistic" about the country's economic growth, they said corruption and bureaucracy are among the 'big concerns' of the industry.
The 15-page judgment is amazingly lucid, elegant and balanced.
Bajaj added that doing something like insider trading was height of stupidity.
Defense strategy seems to relying on three basic arguments.
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.
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.
The brief courtroom drama began on Monday when the jury was listening to the testimony of star government witness Goldman Sachs chief executive officer Lloyd Blankfein.
India-located funds have already raised $3.9 billion so far this year.
IIM-Trichy has seen a dip in the number of offers per recruiter. IIM-Udaipur is yet to place 20 of its 144 students.
Major international luxury goods manufacturers are riding high in China with the luxury goods market booming, despite a slowdown in economic growth.
The Silicon Valley people, who knew former McKinsey chief Rajat Gupta, reacting to the two-year jail term imposed on him for insider trading, said what happened is a tragedy, horrible and sad, but also feels Gupta will be back.
According to the report, nearly 80 billion cubic meter increase in municipal water demand is expected in the world cities by 2025, and Mumbai and Delhi tops the list of the 20 countries that are expected to experience the maximum demand.
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.
The Indian School of Business-Hyderabad recently celebrated its tenth anniversary. We trace the school's successful journey over the years and find out why it's so special.
As a tech services company, Ola has never been in hardcore manufacturing. And unlike in ride hailing, which is a two-player market (Uber is the only other competitor), in two-wheelers it faces many entrenched players. But most of all, rivals say Ola's targets are out of sync with most, even ambitious, projections.
'As long as people are eating we will be there,' Rebel Foods CEO Jaydeep Barman tells Viveat Susan Pinto and Niraj Bhatt.
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.
The list is based on what the employees of these companies experienced over the past twelve months.
Sixty-three-year-old Gupta's trial, which began in Manhattan federal court on May 21, will resume today after a weekend break with his protege and former McKinsey executive Anil Kumar returning to the witness stand to testify against him.
Working individuals spend two-and-a-half hours on an average writing emails every day, a new study has found, suggesting changes in the way people use computers that could make them 25 per cent more productive.
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.
Anil Kumar came out from a courtroom in Southern New York, all smiles.
A support group for Gupta, known as 'Friends of Rajat', has urged his 'friends and well-wishers' to submit letters of support, in which they should write about Gupta's life and work.
According to McKinsey & Company's June Economic Conditions Snapshot, executives' expectations for their national economies have declined since March and some respondents expect worsening conditions over the rest of 2011.
At a time when the Indian information technology services industry is the focus of anti-outsourcing rhetoric, the global in-house centres (GICs) or captive units of multinational companies are increasing their offshore penetration.
The developing-region cities of the City 600 will be home to an estimated 235 million middle-class households earning more than $20,000 a year at purchasing power parity (PPP) by 2025, points out a McKinsey study which maps the economic power of cities.
McKinsey Global says these cities would generate about 47 per cent of expected global GDP by 2025.
Until recently, average incomes in advanced countries were increasing at much faster rates than in the rest of the world.
New age technology will reshape India's future.
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.
One hundred years from now, of course, I expect Tata to be much bigger and more global than it is now.
Rajat Gupta was the former head of bluechip consulting firm McKinsey.
Gupta's lawyer Gary Naftalis submitted in a Manhattan court on Tuesday his list of 10 witnesses he would 'most want to depose on behalf of Gupta.'
With constant surveillance and monitored bathroom use, the BPO worker is not just partying says Shehzaad Nadeem.
From a man used to rubbing shoulders with the most powerful businessmen in the world, Rajat Gupta is now staring at a lengthy prison sentence.
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