CONSULTING FIRMS
Consulting industry often shrouded in opacity, ripe for a fresh approach: Vector Consulting’s Kiran Kothekar Vector Consulting says it wants to redefine management consulting and address issues by doing the opposite of what the industry typically does.
15 Jul, 2024, 09.52 AM ISTProfessional services companies add record partners as business booms The professional services sector in India is experiencing significant growth, with top firms collectively amassing over 3,300 partners. EY stands out as the first firm to surpass 1,000 partners, driven by strong growth in advisory services post-Covi...
15 Jul, 2024, 12.16 AM ISTM-cap of 7 of top-10 most valued firms soars Rs 1.72 lakh crore; TCS steals show The 30-share BSE Sensex jumped 622 points, or 0.78 per cent, to settle at a record closing level of 80,519.34 on Friday. During the day, it zoomed 996.17 points, or 1.24 per cent, to hit an all-time high of 80,893.51.
14 Jul, 2024, 11.27 AM IST
Heat wave, elections to create unlikely earnings winners and losers India's scorching summer impacts Avenue Supermarts Ltd. and Bajaj Auto Ltd. DMart sells more ice cream, while Bajaj Auto defers purchases and introduces a new CNG-powered motorcycle, with its slowest profit expansion in April-June quarter. Nirmala S...
12 Jul, 2024, 08.43 AM ISTOil settles lower on worries Hurricane Beryl could hit US demand Oil prices declined as Hurricane Beryl impacted U.S. refinaries, lowering Brent futures to $85.75. Gaza ceasefire hopes eased supply concerns. Texas faced significant damage; Kazakhstan to compensate for OPEC+ excess. China’s imports fell, India’s f...
09 Jul, 2024, 07.34 AM ISTIT hiring: After prolonged slowdown, data signals green shoots After months of subdued hiring numbers, IT companies are in for good news. Overall, tech hiring has seen a slight improvement in Q1, as per staffing firms, in line with expectations of some green shoots in demand. IT firms seem to be favouring exper...
08 Jul, 2024, 07.09 AM ISTIT union seeks probe on DXC Technology's 4,800 campus onboarding delays Data from the IT employee union NITES showed that India’s leading IT firms including Tata Consultancy Services (TCS), Infosys, Wipro and LTIMindtree have delayed joining dates of than 10,000 freshers. Harpreet Singh Saluja, president at NITES said t...
28 Jun, 2024, 06.10 PM ISTBig 4’s management consulting arms gain muscle The management consulting business has been growing 25-30% for all firms in the last two years. At the Big Four, the total number of partners engaged in strategy, operations, and the top end of digital advisory — areas typically dominated by firms l...
27 Jun, 2024, 05.30 AM ISTNovavente raises $3 million from Highbrow Securities The partnership with Highbrow Securities is also expected to enhance Novavente's market credibility as it prepares for a public listing on the London Stock Exchange. The sales consulting firm will use the fresh funds to fuel expansion plans and enha...
26 Jun, 2024, 04.00 PM ISTMapmyIndia founders set up new data analytics, consulting firm ClarityX ClarityX has started operations in partnership with MapmyIndia. MapmyIndia cofounder and CMD Rakesh Verma said, "We are now setting up an AI-driven data analytics and consulting company ClarityX which is independent of MapmyIndia." He added the comp...
24 Jun, 2024, 04.45 PM ISTM-cap of five of top-10 most valued firms jumps Rs 85,582 crore; LIC biggest gainer Top-10 firms gained Rs 85,582.21 crore in market valuation last week, with LIC leading. BSE Sensex rose 0.39%, hitting an all-time high. Market cap changes noted for Reliance, HDFC, Bharti Airtel, SBI, and LIC.
16 Jun, 2024, 12.18 PM ISTMcap of BSE-listed firms at another record high of Rs 434.9 lakh crore The market capitalisation of BSE-listed firms hit another record high of Rs 434.88 lakh crore on Friday as the BSE benchmark scaled new closing peak, rallying for the third day running.
14 Jun, 2024, 06.37 PM ISTIndia Inc doubles down on getting the gender mix right Naina Lal Kidwai, chairperson of Rothschild & Co, who is also on the board of directors of Biocon and UPL, said one of the big factors fuelling this change is ESG reporting. Companies, especially the larger ones, are seeking ratings from global firm...
31 May, 2024, 01.39 PM ISTPercentage of women in senior leadership roles increases to 18% in 2023 from 16% in 2016: Report The report by LinkedIn and The Quantum Hub highlights that while there has been an increase in women joining the workforce, leadership positions still lack gender parity. The representation of women across the workforce rose to 26.8% in 2024, but se...
30 May, 2024, 01.33 PM ISTBSNL and MTNL prioritise govt organisations for land asset sales worth Rs 1 lakh crore Recently, BSNL sold one of its properties in Lucknow to the Income Tax department for around Rs 229 crore, which was the market value of the building.
29 May, 2024, 08.44 AM ISTDaughter of Divi's founder shells out Rs 80 crore for two Hyderabad properties Nilima Prasad Divi, daughter of Murali Divi, the founder of Divi's Laboratories, a prominent pharmaceutical company in India, has recently acquired two properties in Hyderabad, totaling Rs 80 crore. The first property, located in Jubilee Hills, span...
24 May, 2024, 01.21 AM ISTTop two tech firms shed Gen Z flab, gain silver muscle The share of Gen Z employees - or those aged 30 and under - fell by about 5 percentage points last fiscal at Bengaluru-based Infosys, and by over 2.5 percentage points at Mumbai-based TCS. The trend underscores a tepid IT hiring climate amid industr...
19 May, 2024, 07.05 AM ISTAI-led tech craze leaves mega Indian software stocks in the dust Unlike counterparts in the developed world and China, Indian software makers including leader Tata Consultancy Services have yet to make significant advances in generative AI. That combined with a still cloudy outlook for client spending may soon le...
17 May, 2024, 09.42 PM ISTMidcaps up M&A game with winds of tech spends revival Indian IT sector witnesses a surge in acquisitions by firms of all sizes, driven by the need to pivot to new technologies and business models. Smaller players innovate and acquire to become key innovation partners in digital areas.
10 May, 2024, 06.11 AM ISTThe young backroom players playing a big role in this year's polls These are grads hired in large numbers by consulting firms specialising in communication and public relations, and well entrenched in the political space.
09 May, 2024, 04.41 PM IST