The strategy consulting landscape has evolved significantly over the past few months. Today, consulting firms are experimenting with different delivery models to supply their skills and resources – forging alliances new markets, joint ventures for market leadership etc. Earlier in 2010, AON went about acquiring Hewitt Associates for about $4.9 billion to strengthen...

India’s department of posts (DoP) is set to spend up to $1 billion on its IT-led business revamp over the next five years. DoP has already short-listed Accenture, Ernst &Young , KPMG, McKinsey and PwC as potential consultants for the project, DOP will be announcing one of the above mentioned consulting biggies as the partner for selecting a tech vendor and also...

Media sources indicate that Bharti Airtel may rope in  Ernst & Young (E&Y) to do a due diligence on South African telecom major MTN, the company with which it is in talks for a complex mutual acquisition of equity to form one of the top telecom conglomerates of the world MTN is speculated to appoint PricewaterhouseCoopers (PwC) to do a due diligence on Bharti...

The Indian Consulting Industry has been experiencing a resurgence in the last few years. This industry has been making rapid strides in the Indian market over the last decade and has witnessed a significant increase in the number of new entrants in this field. The solitary objective of the participants in this market has been to gain maximum market share in this highly...

Recession has affected almost all of the industries in India. Big 4 firms  despite their might have been having a tough time dealing with the recession. One chain of thought argues that big 4 firms should, to some extent, be sheltered from the current crisis. Their type of client, the large private and public multinational company, will invariably have a legal requirement...

Big 4 accounting firms are amongst the most coveted and renowned firms in India. Approximately 50 – 55 percent of the workforce comprises of charted accountants, 35-40 percent being occupied by MBA’s and Engineer’s and remaining by other specialized degree holders. Getting Hired Getting into a Big 4 firm in India is a difficult task. Barely 3-5 percent of the hiring...

In an attempt at image makeover post the Satyam fiasco, Price Waterhouse India on Wednesday announced the establishment of an advisory board to address the concerns of various stakeholders. Price Waterhouse is the auditing arm of international consulting firm PricewaterhouseCoopers in India. Four of its auditors are under the scanner for their role in the Rs 7,000-crore...

Technology major Wipro is planning a deep plunge into the global consulting market with the idea of competing with true-blue global consulting brands and IT consulting firms. In preparation for this move, the company has carried out an in-depth study on select consulting majors including Ernst & Young, PriceWaterhouse Coopers, McKinsey and Bain & Company to understand...

Auditing and consulting firm PricewaterhouseCoopers (PwC) maintains that it did not play any role in the alleged financial irregularities of  fraud-mauled Satyam Computer Services Limited, but is looking back at “significant lessons” from the controversy linked to accusations that its  partners rubber-stamped doctored accounts in the company. It does not expect...