During the trial proceedings on Tuesday, John Dowd, Galleon Group founder Rajaratnam's defence lawyer, cross-examined Kumar, a former McKinsey & Co. partner who gave his direct testimony.
Construction companies will make money building detention centres. Information technology companies will make money on the enumeration of the CAA, NRC and NPR, notes Devangshu Datta.
Asia would become a major hub for corporate and investment banking in five years, according to a report released by McKinsey.
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.
'One out of three phones sold in India is a Xiaomi phone.'
Indian CEOs are to be now offered the choice of outsourcing all or part of their managerial responsibilities for a specified period.
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.
The issue of urbanization, if not addressed immediately, might lead to serious repercussions for major Indian cities and potential deterioration in quality of life, strain on resources and reduced investments in India's urban centres, according to a 21-month-long study conducted by the McKinsey Global Institute.
The central question of this insider trading case is whether the Sri Lankan born billionaire earned $45 million by using leaked confidential information.
Rajat Gupta, former director of Goldman Sachs and Mckinsey, has resigned from the board of the Hyderabad-based Emergency Management Research Institute (EMRI), a public-private-partnership initiative being run by the GVK group.
Growth is driven more by Internet services exports than the local consumption.
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.
Apart from fulfilling banking services, one can access more than 100 e-commerce sites, book tickets, and even pay for small value groceries through the app. The bank is now proposing to allow other banks to use this to serve their own customers.
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.
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.
Branch usage has dropped by 27 per cent on an average across Asia between 2007 and 2011.
Gupta is scheduled to be released from prison in March, 2016.
New cities -- mostly from India, China and Latin America will either be added to the list or will improve their rankings.
Cities, the world over, are bursting at the seams. With urbanisation on the rise, urban populations have now outnumbered rural populations in many nations, and the 'exodus' shows no signs of abating.
Some of the world's richest cities are also the most populous.
Although engulfed with challenges, equity capitalisation in India has grown over six fold.
A McKinsey veteran, Gupta has decided to take "leave of absence" from management of $1.4-billion PE fund New Silk Route, which he co-founded five years ago.
With the recent proliferation of cyberattacks, corporate executives need to devote increasing attention to protecting information assets and on-line operations, said a report released on Monday by the World Economic Forum.
While the former managing director of McKinsey & Co, Rajat Gupta, has every right to claim that he is innocent until otherwise established in a court of law, he must adopt the same standards of good conduct in India as he has been required to in the US.
Can there be one norm for the US and another for India?
The former McKinsey India head is presently on board of many big Indian conglomerates.
Rajat Gupta, 70, the first Indian managing director of McKinsey and who of 17 months in US prison for insider trading, gets ready to tell his side of the story. And he is less than complimentary about Preet Bharara, then the famous crusading US attorney for the Southern District of New York. "The jury, the press and the public saw only... a 'cropped picture', he says. For someone whose life story was a model of the Great American Dream - an Indian of modest means who rose to the highest circles of politics and business, mingling with the White House and Davos crowd - his indictment in 2012 marked a stunning fall from grace. Many ascribed it to the hubris of the rich and powerful, says Kanika Datta.
Akula may be much celebrated, but he is not alone. There are dozens of MFI success stories, all of whom have surfaced over the last five-seven years, with a common mandate to "eradicate poverty", profitably. With a turnaround time for MFIs at one or two years, competition among the top few MFIs is intensifying to attract equity investments. Interestingly, with barely 15 per cent of rural households currently MFI borrowers, there is sufficient leeway for growth.
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.
Mantras from a successful professional on how young Indians can become more successful and employable.
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%).
Employable skills have taken on significant importance when it comes to recruiting candidates for a job. Find out what skills recruiters are looking for.
A McKinsey survey shows very few firms focus on building the capability that adds the most value to performance.
The challenge for India is to write a new chapter in low-cost urban development.
The 30-year-old managing director of the Lodha Group, who had a stint with McKinsey before joining the group which is the same age as him, clearly walks the talk.
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.
Nano's sales have been sliding. How does Tata Motors plan to bring the excitement back?
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.
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.
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