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  • Man ditched Harvard, McKinsey job to launch app. Now, it's worth $2.4 billion 

    Currently, Wellhub serves 26,000 businesses. Its network provides 20 million employees access to over 50,000 in-person gyms and studios, 3,800 virtual personal trainers, and 93 wellness apps. It also has a permanent flexible-work model.

  • Mukesh Ambani says Reliance aiming to become a deep-tech and advanced manufacturing company

    Mukesh Ambani says Reliance aiming to become a deep-tech and advanced manufacturing company

    Reliance's ambition for deep-tech began with the telecom foray, said Mukesh Ambani, when Jio launched 5G in 2021, building every aspect of the service within the company.

  • McKinsey loses 10% of staff amid slowdown and legal pressures

    McKinsey loses 10% of staff amid slowdown and legal pressures

    The international consulting giant has shed more than 5,000 employees since 2023, unwinding its pandemic-period employment boom.

  • Ex-McKinsey employee shares why her IIM Ahmedabad degree 'wasn't enough' for work 

    Ex-McKinsey employee shares why her IIM Ahmedabad degree 'wasn't enough' for work 

    Ruchi Aggarwal said that the experience was an eye-opener about what is not taught at business schools. 'At IIM-A, the question was always how much do you know?. At McKinsey, the question became: how clear can you make it?' she said.

  • 25% of IT deal tenures are being cut short with AI, says McKinsey’s Noshir Kaka

    25% of IT deal tenures are being cut short with AI, says McKinsey’s Noshir Kaka

    Being able to deliver a project in a shorter timeline 'at speed' will become the competitive advantage for IT companies in an AI-driven world, Kaka has said

  • Davos 2025: India in a bright spot; can become third pole after US, China, says McKinsey Chairman Gautam Kumra

    Davos 2025: India in a bright spot; can become third pole after US, China, says McKinsey Chairman Gautam Kumra

    Weighing the implications of now US President Donald Trump’s re-election, Kumra said that geopolitical risks should be assessed with a wide lens.

  • Ex-McKinsey employee shares why he quit the Rs 1.7 crore pa job: 'My mental health was shattered'

    Ex-McKinsey employee shares why he quit the Rs 1.7 crore pa job: 'My mental health was shattered'

    'After about a year of working at McKinsey, I took a three-month mental health leave. It was literally driving me to the edge. I just couldn't do it anymore,' the former employee said.

  • McKinsey starts hundreds of job cuts as client demand slows

    McKinsey starts hundreds of job cuts as client demand slows

    The reductions are global and will affect employees across a variety of divisions including design, data engineering, cloud and software, according to people familiar with the matter

  • McKinsey is offering its staff 9 months' salary to quit the firm: Report

    McKinsey is offering its staff 9 months' salary to quit the firm: Report

    McKinsey announced that it will support senior employees for up to nine months while they look for new jobs. During this period, these employees will not be required to engage in client projects and will have the flexibility to use their working hours to exclusively seek new job opportunities.

  • 'When McKinsey rejected me, I was heartbroken,' shares IIT-IIM graduate from Bengaluru

    'When McKinsey rejected me, I was heartbroken,' shares IIT-IIM graduate from Bengaluru

    'McKinsey was the company that everybody in IIM Ahmedabad wanted to work with,' Sandipan Bala, 28, said. 'That's why when they rejected me... I thought I wasn’t good enough.'

  • Adani Electricity Mumbai tops Centre's discom ranking ; Torrent Power takes 2nd, 3rd spot

    Adani Electricity Mumbai tops Centre's discom ranking ; Torrent Power takes 2nd, 3rd spot

    The aggregate technical and commercial losses of power utilities during the year fell from 16.2% to 15.4%, driven by a one percentage point increase in billing efficiency, which improved to 87%

  • Insider trading | How Rajat Gupta fell from the pinnacle of power to the ignominy of incarceration

    Insider trading | How Rajat Gupta fell from the pinnacle of power to the ignominy of incarceration

    For Rajat Gupta, the reputational damage was huge. McKinsey, the firm he led for nine years, removed his name from the company's alumni directory.

  • IIT Kanpur's first phase of 2023-24 placement season sees strong outcomes

    IIT Kanpur's first phase of 2023-24 placement season sees strong outcomes

    Microsoft, Samsung, Goldman Sachs, and others actively participated in IIT Kanpur's placements, highlighting the institute's strong professional standing and diverse opportunities.

  • Indian employees report highest rates of burnout symptoms: Mckinsey

    Indian employees report highest rates of burnout symptoms: Mckinsey

    The survey of more than 30,000 employees across 30 countries found that 22 percent of employees across the world are experiencing burnout symptoms at work.

  • Honeywell bets on sustainable and smart cities in India as demand expected to grow

    Honeywell bets on sustainable and smart cities in India as demand expected to grow

    Multinational companies including Honeywell have been closely working with government agencies to provide solutions to meet PM Narendra Modi's climate and smart cities goals.

  • RBI selects McKinsey and Company, Accenture Solutions to use AI, ML to improve regulatory supervision

    RBI selects McKinsey and Company, Accenture Solutions to use AI, ML to improve regulatory supervision

    The RBI is looking to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory supervision over banks and NBFCs. For this purpose, the central bank plans to hire external experts.

  • Banks' profitability may have reached peak, set to fall going ahead: Mckinsey

    Banks' profitability may have reached peak, set to fall going ahead: Mckinsey

    The firm also said that the banking system is meeting less than a third of the credit demand for green finance, and recommended moves like inclusion of such finance under priority sector lending and creating a credit guarantee platform.

  • Indian Gen-AI startups more than double in 2023 raising $590 million in funding

    Indian Gen-AI startups more than double in 2023 raising $590 million in funding

    India's SaaS ecosystem is likely yo generate more than $50 billion of revenue in 2030 with an enterprise value of $0.5 - $1 trillion. 

  • ONDC aims at 5-fold rise in India's digital consumption to $340 billion: McKinsey

    ONDC aims at 5-fold rise in India's digital consumption to $340 billion: McKinsey

    ONDC aims to increase the penetration of e-commerce to 25 percent, from about 4-5 percent currently, in the next two years by reaching 900 million buyers and having 1.2 million sellers likely having a gross merchandise value (GMV) of $48 billion.

  • EY India assures no plans to cut down on manpower after US arm lays off 3,000

    EY India assures no plans to cut down on manpower after US arm lays off 3,000

    Other major consulting and accounting firms have also opted for downsizing in recent times. McKinsey is planning to cut 2,000 jobs after hiring while KPMG too announced earlier this year that it will lay off 2% of its workforce – or about 700 employees – in the United States.

  • McKinsey layoffs: Consulting giant to cut 2,000 jobs after mass hiring

    McKinsey layoffs: Consulting giant to cut 2,000 jobs after mass hiring

    McKinsey is seeking to centralise its support services for its consultants in a bid to save money after having recruited heavily in recent years.

  • Working parents crave flexibility and they're quitting their jobs to get it, finds study

    Working parents crave flexibility and they're quitting their jobs to get it, finds study

    The findings also suggested that employees with young children are more likely to prefer primarily remote-working models and flexible work locations, with only 8 per cent suggesting that they would like to see a fully on-site model in the future.

  • India may need to spend 11% of GDP to meet Net Zero Goals: McKinsey 

    India may need to spend 11% of GDP to meet Net Zero Goals: McKinsey 

    Power assets in India most vulnerable, country needs to balance multiple priorities of economic growth, climate change 

  • Don’t expect LIC to turn world class after going public

    Don’t expect LIC to turn world class after going public

    LIC’s creeping disinvestment may serve little purpose in the long run, besides meeting the government’s disinvestment target

  • Puneet Dikshit, ex-McKinsey partner, pleads guilty to insider trading charge

    Puneet Dikshit, ex-McKinsey partner, pleads guilty to insider trading charge

    Puneet Dikshit, 40, pleaded guilty to one count of securities fraud. He was charged last month for allegedly generating about $450,000 said of profit from 2,500 GreenSky call options that he bought in the two days before the merger was announced on September 15.

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