MCKINSEY & CO
50 Shades of Silver
The number of pro-age voices,especially among women, is growing. Are brands listening?
India has solid opportunities, but volatile in terms of growth: P&G
P&G views India as a profitable market driving mid-single-digit growth, supported by local production and R&D. Despite its solid growth opportunities, India is categorized as an 'enterprise market' due to its inherent volatility. P&G's India business crossed $2 billion in sales in FY24, competing with Hindustan Unilever while maintaining market leadership in sanitary napkins and shaving razors.
Rich Indians pinching pennies? A warning sign flashes
After a post-pandemic splurge, India's luxury car sales are slowing, growing at the slowest pace in three years. This stagnation, driven by economic uncertainties, stock market volatility, and rising debt, could signal a broader slowdown in India's booming luxury market, potentially mirroring global trends of reduced discretionary spending.
5 IIM-A toppers from same DU college, not IIT. Stunned billionaire hosts lunch for them to know the secret
Sanjeev Bikhchandani acknowledged the remarkable academic achievements of IIM Ahmedabad's top three students, all alumni of Delhi's SSCBS. Intrigued by this pattern, Bikhchandani met with the students and faculty, discovering that SSCBS graduates held five of the top seven ranks at IIMA. Their success is attributed to the college's rigorous academic culture and motivated student body.
Your next BMW or Mercedes may come with spa features
The Lincoln Nautilus blends high-tech comfort with wellness features such as a panoramic color display, massaging seats, and ambient lighting. These elements aim to enhance passenger comfort and well-being, reflecting a broader trend in the luxury automotive market towards holistic user experiences.
Microsoft is this industry’s no. 1 fan. Others should be, too
This limits investments despite the need to scale up carbon removal technologies for future emissions reductions.
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XLRI completes final placements with median salary of Rs 29 lakh, top salary of Rs 1.1 crore
XLRI successfully concluded its Final Placements for the PGDM 2023-25 batch with a median salary of Rs 29 lakh. Despite market challenges, the highest international offer reached Rs 1.1 crore. Top recruiters were from consulting, BFSI, and sales & marketing domains, with 41 new recruiters participating.
Largest batch of 595 students at IIM Bangalore receive 650+ offers; management consulting accounts for 41%
IIM Bangalore has successfully concluded placements for its largest batch of 595 students, securing roles across 176 firms. Top sectors include management consulting, technology/product management, and investment banking, with significant participation from companies like Accenture Strategy, Boston Consulting Group, and McKinsey & Company.
Bank RoA at peak, need investment in tech, talent says McKinsey
Slower deposit growth, likely decline in fee income, rising operational expenses and increasing number of so called credit tested customers is likely to impact bank profitability in the next couple of years, consultancy firm McKinsey & Co said. It expects banks' return on asset (RoA) to drop to 0.80% to 1% range in the next two years from 1.1% at the end of fiscal 2023.
McKinsey: US faces $48-trillion moment of truth this decade...
That's one of the take-aways from a new report by the research arm of consultants McKinsey & Co that looks at a variety of scenarios of how the world economy and financial markets will evolve in the coming years, and how much wealth and output will be generated. "The future of wealth and growth hangs in the balance," the McKinsey Global Institute said in the report.
No breaking value chain
New McKinsey Global Institute analysis finds a more nuanced reality. The world remains deeply interconnected, and flows have proved remarkably resilient during the most recent turbulence. Furthermore, no region is self-sufficient. The challenge, therefore, is to harness the benefits of interconnection while managing the risks and downsides of dependency - particularly where products are concentrated in their places of origin.
Coloured vision
These trends and others are national in scope in the US, but the specific ways racial inequity manifests may be vastly different from one state, one city, and one neighbourhood to another. Each locality experiences a specific combination of interconnected factors that shape the lives of its Black and Hispanic residents. To properly diagnose racial inequity in the US, then, it is crucial to understand the historical context of e
McKinsey & Co. to layoff 2000 staff members
McKinsey & Co. is expected to lay off nearly 2,000 workers. The move of massive layoffs is anticipated to concentrate on support staff who do not have direct interaction with the clients of the company, which is recognised for counselling businesses on a range of tasks, including layoffs.
End of China honeymoon?
China and MNCs built a mutually beneficial relationship during the past few decades. Between 1990 and 2019, China's real GDP grew at an average of almost 10% per year, contributing more than a quarter of global GDP growth, and average household income rose from about $750 to $13,000. That dynamism was a magnet for MNCs, which flocked to China to capture part of the growth
McKinsey probe in France widened to funding of Macron's campaign
The case which was opened in March has been passed on to investigative judges with wider probing powers, according to the daily French newspaper. They will also look into the conditions under which public tenders were awarded to McKinsey, Le Parisien reported, citing unidentified sources.
Mind the health
MHI is looking closer at the challenge through a series of interactives on the burden of mental and substance-use disorders. By highlighting the importance and opportunity of investing more in tackling these conditions, we advance the goal of 'adding years to life and life to years' for people with or at risk for these conditions - especially because mental and substance-use disorders are highly treatable
For a splash of green
India has the potential to create 287 gigatonnes of carbon space for the world.... In the LoS scenario, India could reduce annual emissions from a historical trajectory of 11.8 GtCO2e to 1.9 GtCO2e by 2070, a 90% reduction in economic emissions intensity compared with 2019.
Class divide in classroom
As the data and analysis from our report illustrate, these institutions have been reflections of existing racial and socioeconomic inequities across society.
Web third time lucky?
Web 3.0, the next iteration, potentially upends that power structure with a shift back to users. Open standards and protocols could make their return. The intent is that control is no longer centralised in large platforms and aggregators, but rather is widely distributed through 'permission-less' decentralised blockchains and smart contracts. Governance - and this is one of the trickiest aspects of Web 3.0 - is meant to take place in the community rather than behind closed doors. Revenues can be given back to creators and users with some incentives to finance user acquisition and growth.
Book of jobs rewritten
This year's AOS data suggest a seismic shift in how Americans work and support themselves - 36% of employed respondents tell us they labour as independent workers, up from our estimate of 27% in 2016. On permanent employment, 72% of independent workers say they have only one job. The independent workforce enables companies, government agencies and not-for-profit organisations of all sizes to expand their workforces during periods of peak demand - such as holiday seasons for retailers - and then revert to a leaner core team when workloads return to normal.
How green is your power?
In commercial terms, this effect is commonly seen as discounts for large orders.… In addition to wind and solar, the net-zero portfolio will include large green-energy projects, such as nuclear power plants. Because owners or operators typically focus on building one large project at a time, past practice has been to design each on a bespoke basis.
This is Your Robobank
To meet customers' rising expectations and beat competitive threats in the AI-powered digital era, the AI-first bank will offer propositions and experiences that are intelligent, personalised and truly omnichannel, and that blend banking capabilities with relevant products and services beyond banking....
McKinsey & Co leases 45,000 sq ft office space in Mumbai's Bandra-Kurla Complex
The total tenure of the lease will be five years, implying a total rental of nearly Rs 100 crore, said people aware of the matter.
Rajat Dhawan elected McKinsey India managing partner
Dhawan will be the sixth managing partner to take the McKinsey India corner office since 1992, after Tinu Puri, Ranjit Pandit, Adil Zainulbhai, Noshir Kaka and Gautam Kumra.
Myntra appoints Mithun Sundar as Chief Revenue Officer
Sundar was earlier associated with PepsiCo, where he served as the Senior Director, Strategy, for two-and-a-half years.
Saikiran Krishnamurthy rejoins McKinsey as part-time adviser
"Saikiran is joining us as part-time adviser. We are very happy to have him," a McKinsey spokesperson said in email response to ET.
Asia to be largest corporate, investment banking market by 2015: McKinsey
Global corporate and investment banks will derive 45%or about $ 790 billion from Asia by 2015, led by India and China, says a report by McKinsey & Co.
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