Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
McKinsey's employee restructuring is aimed at separating its China unit from its global operations amid political pressure in the US over its work in Saudi Arabia and China
Kedaara Capital has raised a record $1.7 billion to put it on par with the deep-pocketed global players that have dominated the space for years
MSMEs in India are only 26 per cent as productive as large companies, in other emerging economies it is 29 per cent
McKinsey and its peers in the consulting world have trimmed headcount, delayed start dates and slowed the pace of hiring over the past year amid declining demand from clients
Noshir Kaka, Senior Partner and Co-lead of global Technology, Media & Telecommunications Practice, McKinsey & Company, says that GenerativeAI (GenAI) is like a double-edged sword
In the last 50 years, it has traversed the journey from a start-up cosmetics company with four products to more than 500 across a Rs 30,000 crore group with diverse business interests
The cost of acquiring customers through digital channels is 70 per cent cheaper, says the Google and McKinsey report
Business Standard brings you the top headlines at this hour
Covid-19's push toward hybrid work has driven the need for office space down with vacancy rates rising, McKinsey Global Institute said Thursday in a report
Generative AI will give humans a new "superpower", and the economy a much-needed productivity injection, said McKinsey report
Overall layoffs will amount to 3% of the workforce. According to Bloomberg, the company's workforce has risen to nearly 47,000 from 28,000 in the past five years. It was around 17,000 in 2012
Pandemic has decoupled the GDP growth and tech spends, it says
Companies must choose growth mindset and constantly evaluate resource allocation to boost growth, McKinsey India said. Growth is the only oxygen that India needs, McKinsey India senior partner Jaidit Brar said at the annual convention of Madras Management Association here. "The drivers of margin accretive growth are relentless cost and value engineering; quality of revenue, new business models and scale benefits," he said at the event which was held on the theme "India's Century: How to Drive Sustainable, Inclusive Growth?". Companies must choose growth mindset, constantly evaluate resource allocation, pursue adjacent opportunities, serve global markets, he said. NITI Aayog former CEO Parameswaran Iyer said the Centre wants to create facilities that would remove the divide between villages and cities and government would be an enabler and not implementer. India is very much on the path to become a developed nation, thanks to its economy, sound macro-economic fundamentals, robust .
The plan is expected to be finalized in the coming weeks, and the final number of roles to be eliminated from its 45,000 workforce could still change
When McKinsey is held to account, the blame is invariably taken by the partners engaged in that transaction
And India's progress towards net zero by 2070 will depend on how successful it is in facilitating an orderly transition to a clean economy
India emits a net 2.9 gigatons of carbon-dioxide equivalent every year, third-largest globally, as of 2019, according to a report recently released by McKinsey Sustainability
Borrowing the term crux from mountaineering, Dr Rumelt argues that it represents the most critical challenge to the desired progress
References to popular movies and a conversational writing style make this book an easy read
Prosecutors confirmed that evidence-gathering searches had begun on Tuesday