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.
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.
Ain't nobody like this desi girl.
School of Business (ISB) has been ranked number 20 in the global B-school rankings released today by Financial Times, London.
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.
People of Indian Origin want to talk to ministers so that their problems can be solved, says Amit Mitra, Secretary-General, FICCI.
The United States India Business Council has conferred the USIBC 30th anniversary jubilee award for 'The US Company Contributing Most to the Indo-US Commercial Relationship' on US giant General Electric.
Mauritian Premier Anerood Jugnauth, former Commonwealth secretary-general Sridath Ramphal, British MP Navneet Dholakia and McKinsey partner Rajat Gupta are among them.
Chief Executive Officer (CEO) Ravikant Chopra, Chief Financial Officer (CFO) PC Vaish, GM, Cricket Operations, Cricket Advisory Committee (CAC) members Yashpal Sharma and Sunil Valson also took the charge on Monday after taking back their resignations.
Indian business, on quite a different trajectory from its global counterpart, remains relatively insulated from any kind of backlash.
Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.
Amazon Prime Video has announced 69 assorted Web series and movies, and the slate sure looks interesting.
In Phase 6, indications are that the BJP, which is defending 40 seats, will lose in double digits and gain in single digits. Not good, if you are the ruling party scrambling to earn a working majority, with just one phase left to go, argues Prem Panicker.
The Railway Men is a compelling watch; the subject is handled with seriousness and respect without going overboard with the dramatic impact, observes Mayur Sanap.
Cheteshwar Pujara made 49 and 43 in his two innings as Saurashtra lost to Haryana by four wickets.
Mayank Agarwal played a captain's knock of 109, as his side took a 64-run lead on Day 2
The week's other releases -- Web series Guilty Minds and theatre release Operation Romeo -- saw screenings for the cast and their friends too.
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.
Enabling labour to become more globally mobile can produce higher remittances with powerful 'brain gain' dividends.
Opener Shubham Rohilla struck his fourth first-class hundred to take Services to 279 for 4 against defending champions Saurashtra
Pant, a 1991-batch Indian Administrative Service officer of Rajasthan cadre, is currently secretary in the ministry of ports, shipping and waterways.
Bharara, 48, has made a national and international mark for himself with many high-profile cases and investigations including foreign countries, insider trading and those involving US politicians.
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.
Sebi's plea for such powers has been endorsed by the finance ministry.
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.
Here's a look at what exactly happened at the institute and the developments that have taken place so far.
'A lot of people who quit felt they have been in the organisation for way too long and needed a better or challenging career role to advance in their careers.'
Promoters and top executives intending to buy or sell shares of their companies might soon have to inform the market well in advance for such transactions.
Bollywood watched Hotel Mumbai, a movie inspired by the 26/11 Mumbai terror attack.
The top court was hearing a plea which referred to his statement on restoring Article 370, which gave special status to Jammu and Kashmir, and contended it clearly amounts to a seditious act and therefore he is liable to be punished under section 124-A of the IPC.
The NIT Sringar has agreed to many of students's demands but did not reply to another major demand that the HRD minister or the PM should hoist the tricolour at the campus.
Now we must first compete with Bangladesh. This is not what we had been promised, notes Aakar Patel.
In March last year, a petition was filed in the Supreme Court by Rajat Sharma and Dr Neh Srivastava who demanded that a former Jammu and Kashmir chief minister be booked under the sedition law, claiming he had sought China's help to restore the erstwhile state's special status.
A summary of action from the Ranji Trophy matches played on Tuesday.
Every move that strengthens Cyrus Mistry's position in companies like Indian Hotels could prolong the uncertainty.
Regulators in the US and some other countries have often used tapped phone conversations to prove insider trading and other charges, including in the famous Rajat Gupta case.
