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Indians less worried, more optimistic about AI impact on work: Report A Boston Consulting Group report has found that Indians are more confident than worried about the impact of artificial intelligence and generative AI on their work, with 54% evincing confidence compared to only 13% showing signs of anxiety. The repo...
26 Jun, 2024, 08.05 PM ISTCongress’ Praveen Chakravarty backtracks over criticism of Karnataka government hiring BCG, issues apology for “private opinion” AICC leader Praveen Chakravarty on Friday apologised for his post on social media platform X, criticising Karnataka Congress government's decision to hire the Boston Consulting Group (BCG) to help with suggestions to boost state revenue. Chakravarty...
21 Jun, 2024, 05.59 PM ISTAI-Vistara merger gets NCLT nod NCLT approves Air India and Vistara merger, creating India's largest international carrier by year-end. Merger to connect five continents, streamline operations, and integrate workforce and fleet deployments.
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Air India- Vistara merger gets NCLT nod The National Company Law Tribunal (NCLT) has approved the merger of Air India and Vistara, making Air India the largest international carrier in India operating flights to five continents. The merger, already approved by the Competition Commission o...
06 Jun, 2024, 09.42 PM ISTTatas to conclude Vistara- AI merger by year end The merger will make the Air India group India’s largest international carrier, connecting five of the seven continents, operating more flights on international routes than any other airline, Air India CEO Campbell Wilson said, according to people w...
13 May, 2024, 08.34 PM ISTIf AI can disrupt future, track these 9 artificial intelligence stocks Generative AI's disruptive potential attracts investors in Indian IT. Revenue challenges due to adoption lag. Companies explore deep learning in Gen AI. Happiest Minds and Affle offer AI services. BCG predicts growth in India's AI market.
11 May, 2024, 03.10 PM ISTIIM Shillong placements recorded highest CTC of Rs 71.50 lakh IIM Shillong's 2022-24 batch achieved a highest CTC of Rs 71.50 lakh per annum, with significant improvements in placements across various domains. The institute's focus on excellence and quality education reflects in the lucrative job offers receiv...
10 May, 2024, 02.58 PM IST3 Indian companies make the cut on BCG's top 25 global value creator list Technology and tech-related companies led the charge, as excitement over generative AI helped fuel a rebound from 2022’s losses, according to a report based on the database.
22 Apr, 2024, 08.45 PM ISTView: Time to bring humanity back into capitalism? Modern economists have a flawed understanding of how societies and economies function, leading to a need for a new economics that brings humanity back into capitalism. The current approach to economics, which relies on leaving problems to the market...
16 Apr, 2024, 11.14 PM ISTThe worst part of a Wall Street career may be coming to an end Generative artificial intelligence is reshaping the landscape of investment banking, particularly in roles traditionally held by junior analysts. AI technologies like those being tested at Goldman Sachs and other major banks are capable of performin...
11 Apr, 2024, 04.17 PM ISTB Capital announces two senior hires to expand climate investments Rich Lesser, global chair and former CEO of Boston Consulting Group (BCG), has joined as vice chair, climate & sustainability and senior advisor. The firm also announced Jeff Johnson as a new general partner to head their expanding climate investmen...
05 Apr, 2024, 09.02 PM ISTBharat Biotech starts clinical trials of TB jab The only vaccine in use today--BCG (Bacillus Calmette and Guerin)--is an attenuated variant of the bovine TB pathogen. This is more than a hundred years old and has a limited effect on pulmonary tuberculosis, which is mostly responsible for the tran...
25 Mar, 2024, 12.06 AM ISTBharat Biotech begins clinical trials of TB vaccine on adults in India Bharat Biotech International Ltd has initiated clinical trials for the Tuberculosis vaccine Mtbvac on adults in India. Developed by the Spanish biopharmaceutical company Biofabri, Mtbvac is the first TB vaccine derived from a human source. The vacci...
24 Mar, 2024, 01.13 PM ISTAccenture with 26 offers, followed by BCG with 23 emerge top recruiters in IIM Ahmedabad final placements Accenture emerged as the top recruiter in the final placements for the PGP Class of 2024 at IIM Ahmedabad, with 26 offers. BCG followed closely with 23 offers. Goldman Sachs led among investment banks with nine offers, while Adani made the highest n...
22 Feb, 2024, 02.04 PM IST50% of Indians pick up their smartphones without any intent: Report According to a report by the Boston Consulting Group (BCG), one out of two times users pick up the phone they do so without knowing why they fired up their smartphone. While about 50-55% times the consumer has no clarity of intent, nearly 45-50% of ...
14 Feb, 2024, 01.49 PM ISTGenAI may add $1.2-1.5 trillion to India's GDP in next 7 years Generative AI (GenAI) holds significant potential for India, contributing an estimated $1.2-1.5 trillion to the GDP over the next seven years, according to an EY report. Key drivers include education and upskilling. GenAI has become a priority for C...
06 Feb, 2024, 12.26 AM ISTManagers need to pay attention to employees' emotional needs: BCG survey BCG tested over 20 different needs, with roughly half being functional needs such as pay, hours, and benefits, and the other half being emotional needs such as feeling valued and supported, and doing work you enjoy, for the survey, titled “What Rea...
19 Dec, 2023, 11.52 AM ISTFormer TCS CEO Rajesh Gopinathan joins BCG in advisory role Gopinathan has joined BCG as a senior advisor to the technology, media and telecom (TMT) practice. He will be advising in the capacity of an external consultant.
28 Nov, 2023, 10.19 AM ISTProfessional services companies go slow on hiring as attrition level drops Industry officials, however, said the impact of the cut down in hiring is mostly at the senior management and director levels, while companies continue to hire at the top, or the partners level. "Hiring of partners or people who bring in business is...
22 Nov, 2023, 11.50 AM ISTBCG top hirer at IIM Ahmedabad summer placement; large pool of recruiters make 60 offers Companies who participated in Cluster 1 comprised six cohorts – investment banking & markets, management consulting, niche consulting, advisory consulting, cards and financial advisory and private equity, venture capital & asset management. The recr...
01 Nov, 2023, 04.56 PM IST