Management Consultants
Top banks, consultancies lead the charge at IIM Lucknow's summer placements
IIM Lucknow's 2024-26 Post Graduate Programme batch secured 576 offers across diverse sectors
 "Top banks, consultancies lead the charge at IIM Lucknow's summer placements")
Revised norms: CCI can appoint agencies to monitor implementation of orders
Competition Commission can now appoint agencies to monitor the implementation of its orders, with the notification of amended regulations. The move also comes amid instances of some entities flagging concerns about non-compliance with certain orders of the regulator, which works to ensure fair competition in the market place. The Competition Commission of India (General) Regulations, 2024 were notified on Tuesday. Now, agencies can be appointed by CCI to monitor the implementation of its orders. The agencies can be accounting firms, management consultancy or any other professional organisation or chartered accountants, company secretaries or cost accountants. "Where the Commission is of the opinion that the implementation of its orders passed under Section 31 or Section 48A or Section 48B or any other provisions of the Act and regulations made thereunder, needs monitoring, it may appoint agencies to oversee such implementation, on such terms and conditions as deemed fit by the ...
 "Revised norms: CCI can appoint agencies to monitor implementation of orders")
CCI draft regulations: Company commitments to be closely watched
The monitoring agencies may include an accounting firm, management consultancy, any other professional organisation or chartered accountants, company secretaries or cost accountants
 "CCI draft regulations: Company commitments to be closely watched")
TMSEp562: Finance Commission, Big 5 in governance, Samvat 2080, Tata-Singur
What issues will the 16th Finance Commission face? What role does the Big 5 play in Indian governance? What events will shape the markets in Samvat 2080? What is Tata-Singur land case? Answers here
 "TMSEp562: Finance Commission, Big 5 in governance, Samvat 2080, Tata-Singur")
Mansun Consultancy, P R Sundar settle case with market regulator Sebi
Mansun Consultancy and its promoters have settled with capital markets regulator Sebi a case on alleged violation of investment advisers norms. Mansun and its promoters/directors -- P R Sundar and Mangayarkarasi Sundar -- paid Rs 15.60 lakh each towards the settlement charges, as per a Sebi order on Thursday. Besides, the terms of the settlement also included the disgorgement of the fees collected by Mansun, along with the 12 per cent per annum interest -- from June 2020 till February 2023 -- of Rs 6.07 crore. In the revised settlement terms, the applicants proposed that Mansun, PR Sundar and Mangayarkarasi "shall refrain from buying, selling or otherwise dealing in securities in India for a period of one year from the date of passing of the settlement order". "The Applicants shall refrain from buying, selling or otherwise dealing in securities markets for a period of one year from the date of passing of the settlement order," Sebi's Chief General Manager Anitha Anoop, said in the
 "Mansun Consultancy, P R Sundar settle case with market regulator Sebi")
Uniqus Consultech raises $12.5 mn, eyes $100 mn revenues in next 5 years
The company plans to invest the funds raised in technology and scaling up business across India, US and Middle East
 "Uniqus Consultech raises $12.5 mn, eyes $100 mn revenues in next 5 years")
Cognizant acquires US-based management consulting firm AustinCSI
The privately-held company has more than 175 consultants who design and deliver cloud and automation solutions
 "Cognizant acquires US-based management consulting firm AustinCSI")
Firms preparing highway plan reports have to take govt training: Ministry
Nitin Gadkari recently blamed poor planning as a major reason for road accidents in country
 "Firms preparing highway plan reports have to take govt training: Ministry")
From Infosys to HCL Tech, Indian IT giants play catch-up in consultancy
Indian software service giants have been slow to move up the value stream so far but they need to increase the pace to stay relevant
 "From Infosys to HCL Tech, Indian IT giants play catch-up in consultancy")
SIDBI invites bids from consultants to help set up Rs 20,000 cr NaBFID
SIDBI on behalf of the government has floated Request for Proposal (RFP) inviting bids from consultants to help set up Rs 20,000 crore called National Bank for Financing Infrastructure & Development
 "SIDBI invites bids from consultants to help set up Rs 20,000 cr NaBFID")
CPA designation: Gateway to a multi-faceted career
Raveena Mital CPA (Aust.), Principal Consultant at Mazars in India credits her CPA Australia designation for preparing her for a career in management consulting.
 "CPA designation: Gateway to a multi-faceted career")
Management institutes to help group of ministers handle Covid-19 crisis
Students of these 26 institutes will provide interns to help the EGoMs with data analysis and policy inputs
 "Management institutes to help group of ministers handle Covid-19 crisis")
EY sets 18-month timeline for merger of three insurance companies
It will also conduct a valuation exercise of the assets of the firms
 "EY sets 18-month timeline for merger of three insurance companies")
Going beyond strategy
Management consultancies are also taking on the responsibility of execution
 "Going beyond strategy")
