In a recent report published by the Confederation of Indian Industry and the Boston Consulting Group, has estimated India would face 'talent gap'-- the lack of right skills for the job required -- of more than 5 million by 2012, as existing educational institutions do not impart employable skills. The report titled, 'India's demographic dilemma' brings out the fact the $1.1-trillion economy will have a shortfall of 750,000 skilled workers over the next five years.
These stores will find it difficult to survive the pressures of the slowdown because the margins in their category of business are the lowest among all retail formats, said Anand Raghuraman, partner & director, The Boston Consulting Group.
The firms record robust 10-15% growth till September. However, despite the enhanced outlays for A&B, companies are looking at adopting cost -cutting measures.
Consumer spending, which had been growing at 10 per cent year-on-year, will now decrease. Over 34 per cent of the respondents said they would cut spends, while 16 per cent said would spend more in the coming year. However, compared to other countries where the survey was conducted like Brazil, China, Mexico, Russia, Japan, Canada, United States and Europe , Indian consumers are more confident and optimistic.
The BCG project, which is supported by the United Nations' World Food Programme, the government of India and the government of Orissa, involves scanning finger prints and the iris for preparing biometric cards for a population of around 1 million. Srijan Pal Singh, an IIM-A student, who is part of the project, says the biometric cards will be filtered through a super computer to avoid duplications.
The value of global mergers and acquisition deals is likely to drop by nearly 50 per cent this year, even as the financial crisis throws good opportunities for takeovers, a study says.
The management of human resources has a strong link with the financial performance of a multinational company. Indian multinationals are showing how to foster it.
Names like Ambanis and Mittals making to global rich lists every now and then notwithstanding, India accounts for just about one per cent of the worldwide wealth market of over $100 trillion.
The Indian Institute of Management, Lucknow, invites industry delegates and management students to attend its annual IT management seminar, AIMS 2006.\n
Although only about one in 20 of the world's first two billion mobile subscribers live in India, as many as one in every four of the next billion subscribers will be an Indian, a report by the Boston Consulting Group said.
Having dominated the summer placement scene at IIMs, companies like McKinsey, Boston Consultancy Group and UBS showed up for the first time for placements at IIT Bombay.
Indian companies are likely to increase investment in innovation in the coming year.
The resurgence in confidence in Indian manufacturing was borne out by many examples of Indian companies going global.
In a significant report, an influential consultancy firm has warned American companies that either they outsource more work to India, including high-powered functions like research and development, or face extinction.
The likes of Microsoft and Cohesity have offered crore plus salaries to some students.
You have to make yourself visible and create opportunities for yourself, advises Gaurav Goyal, co-founder, Scalenut.
India has the potential to generate 30 million jobs on incremental basis in outsourcing business by 2020, Boston Consulting Group vice-president and director K James Abraham said in Kolkata on Tuesday.
After a long wait, the Shapoorji Pallonji Group has closed the sale process of its consumer durables business under the Eureka Forbes label by picking the American private equity fund Advent International's Rs 4,400-crore offer for a 72 per cent stake. The sale process, which began in November 2019, will help the over 156-year-old SP Group pair the debt pile and sharpen the focus on the flagship construction and engineering business under Afcons. The valuation of Rs 4,400 crore for a 72.56 per cent stake is is at an enterprise level and subject to closing adjustments and also includes an open offer for the remaining stake after the demerger and listing of Eureka Forbes, the SP group said in a statement on Sunday.
Bansal has picked up a majority stake in Chaitanya Rural Intermediation Development Services, a company which runs microfinance institution Chaitanya India Fin Credit.
A dip in 'dream job' applications could also mean that students are bagging their desired offers in the first go itself.
Chiki Sarkar's literary juggernaut.
Byju's, says Anita Kishore, has given the founders of the businesses it has acquired the independence to operate separately and maintain their core culture.
Other reputed firms like McKinsey, Boston Consultancy Group, PwC, Ernst & Young and KPMG had also applied for getting the mandate from Bandhan.
Customers using e-commerce websites are young and techno-savvy.
The Ola Money and Uber tie-ups demonstrate how insurance companies, including even government-run ones, are forging partnerships with every possible service company to offer products.
There are still bumps in the road ahead for Swiss banks.
Bajaj sold his 18-month-old start-up WhiteHat Jr to Byju Raveendran for $300 million in an all-cash deal - over the video conferencing platform Zoom. The deal is the biggest in the Indian edtech sector by far.
Patel, 55, who took over as the 24th Governor of the central bank on September 5, 2016, had the shortest tenure since 1992.
Experts say local demand, government policies in retail and refining sector are attracting foreign players.
Some of these items of consumption include ultraviolet disinfectants and sanitising boxes, free-finger touch devices, do-it-yourself grooming kits, self-cleaning water bottles, smart tiffin boxes, hand-sanitizer wearables, antiviral fabrics, tiles, flooring and mattresses, and anti-fogging glasses.
The online population forms a brand new market that cuts across borders, it added.
