Accenture is exploring a sale of its Greater China operations that could value the business at up to $1.5 billion, as it reassesses its international portfolio. It has hired JPMorgan bankers to review options, as first reported by the FT.
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The UK government claims large consultancy savings, but professional services spending has risen and changing classifications cloud the picture. KPMG and EY won civil service training contracts worth up to 456 million pounds even as training moves in-house.
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Accenture announced its acquisition of Avicado on 20 October. AD HOC NEWS reports Accenture stock at 222.50 euros in weekend trading on 24 October, with the next Xetra session on 26 October.
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PwC leads with 77 FTSE 250 audit appointments, followed by EY on 56, Deloitte on 38 and KPMG on 34. The Big Four audit 205 of the 250 companies, while seven challenger firms hold 45, led by BDO with 25.
Read more at Big4 News →Accenture shares dropped 4.6% in midday trading on Friday as insider selling and an analyst downgrade weighed on the stock. Shares opened at $251.99, hit a low of $242.01 and recovered partly to $246.94.
Read more at StreetInsider →Accenture's third-quarter 2026 lobbying disclosure covered tax, cybersecurity and AI, government technology, workforce issues and health programmes including Medicaid and SNAP, Legis1 reports, as spending fell and its roster of lobbyists shrank.
Read more at Legis1 →The World Travel and Tourism Council added Oliver Wyman's Bruno Despujol to its executive committee, taking the long-running partnership between the council and the management consultancy to a higher leadership level.
Read more at eTurboNews →None of the three now leads with the word broker. Marsh calls itself a global professional services firm and WTW an advisory, broking and solutions company, as Insurance Business asks how far they have moved into consulting.
Read more at Insurance Business →
A McKinsey report, The AI Value Curve, says AI could generate $2.52 trillion in annual economic value globally by automating and supporting existing work. Rising deployment costs could wipe out about $850 billion of those gains.
Read more at ET Now →
McKinsey estimates quantum computing could generate $1.3 trillion to $2.7 trillion in economic value by 2035. It says the technology is moving toward commercial use, and firms should invest in talent, technology and partnerships now.
Read more at Devdiscourse →Asia may need up to $1 trillion in annual energy investment over the next 15 years to strengthen energy security and meet rising demand, according to McKinsey, Prop News Time reports.
Read more at PropNewsTime →
About 11 million American workers, roughly 7% of the workforce, may need to change jobs by 2035 because of AI displacement, McKinsey says. The bigger challenge may be moving people into new roles, not mass job loss.
Read more at The Seattle Times →The McKinsey Global Institute finds global trade is not shrinking. US and Chinese trade figures hit new highs, while direct US and China trade fell about 30% last year as the US replaced much of it from other partners.
Read more at McKinsey →Bain finds AI is now embedded in B2B software buying, with most buyers using it to find vendors. If a company is not on AI's initial list, its sales funnel may shrink, writes Natasha Sommerfeld.
Read more at Bain and Company →New Bain research finds AI and new technologies are changing how consumers research and choose cars. Brand loyalty is falling and price matters a lot in the US and Europe, while technology and brand lead in India.
Read more at Metro India →A BCG study commissioned by Ripple argues a bank's custody choices shape which digital asset services it can offer. The modelled earnings are illustrative, and its adoption estimate excludes assets on centralised exchanges.
Read more at TradingView →Nearly 90% of CEOs believe employees trust their leadership, but only 46% of employees agree, according to the BCG CEO Insomnia Index. A BCG partner writes in Fortune that the fix lies in how leaders show up every day.
Read more at Fortune →Corporate leaders tout productivity gains from AI in earnings calls and interviews and say they are doing right by workers. Employees are much more cautious about the rollout, the report in the Oman Observer finds.
Read more at Oman Observer →McKinsey's first State of Business Aviation report forecasts more consolidation, growing demand for fractional ownership and a shift toward leisure destinations. Operators will need pilots, maintenance, hangar space and airport access.
Read more at Cedar News →Southeast Asia's AI adoption reached 243 million people, 58% of the working population, in under three years, four times faster than mobile internet. Usage per person is about 10% of US levels, and data centre capacity must roughly triple.
Read more at Tech Wire Asia →
HumanTronik, co-founded by Icertis co-founder Monish Darda, acquired Bellevue tech consultancy CloudMoyo, which Darda helped spin out of Icertis in 2015. Manish Kedia continues to run CloudMoyo day to day.
Read more at GeekWire →
New York firm Citrin Cooperman, with FY25 net revenue of $985 million, acquired Rosetree Solutions to expand its Salesforce and applied AI consulting. Founded in 2013, Rosetree has about 60 professionals. The deal closed on 1 October.
Read more at The National Law Review →
Cambridge MC achieved Certified B Corporation status, recognising its approach to creating value for its team, clients, community and environment. The firm also passed 1 million pounds in donations to charities.
Read more at Consultancy.uk →
H&Z Management Consulting joined the network as a commercial associate to grow its UK healthcare work. Founded in 1997, the strategy and performance firm has grown to over 800 consultants in 14 countries.
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Dallas-based Evolv Consulting hired Matt Gennone as chief executive. He succeeds co-founder Eric Neef, CEO since 2018, who becomes executive chairman. Gennone brings nearly two decades of analytics and consulting experience.
Read more at Consulting.us →Tech Mahindra acquired Finastra's cash management product suite, taking ownership of the FCM, FVA and FLM intellectual property and adding product engineering and customer success talent to its banking products team.
Read more at MENAFN →The Community Cyber Resilience Foundation will give small US utilities operational technology security resources they often cannot afford. Its first phase, backed by about $10 million in funding and services, will serve up to 500 utilities.
Read more at Control Global →Whitman Advisory launched Whitman360, a subscription programme pairing CPA firms with an advisor who coordinates help on staffing, technology, profitability, succession planning and M&A integration over a structured 12-month engagement, National Law Review reports.
Read more at The National Law Review →Unveiled at NVIDIA GTC Berlin 2026, the suite uses digital twins, AI agents and simulation to speed up safety certification of autonomous robots in factories and warehouses, cutting certification timelines by up to 30%.
Read more at IndianWeb2 →
McKinsey India chairman Gautam Kumra says Indian business owners must match the global ambition of Korean and Chinese peers. A McKinsey study found owner-led companies outperformed professionally managed and state-owned firms on shareholder returns.
Read more at The Economic Times →
A KPMG India paper sets out a blueprint for independent, inclusive and future-ready AI in India through sovereign infrastructure and trusted AI ecosystems, arguing India has built public AI capacity at speed.
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A SIDBI survey finds 49% of small businesses report better conditions, but rising input costs, margin pressure and uneven access to working capital still challenge MSMEs, with trading firms facing weaker sales.
Read more at The Federal →
KPMG India argues availability, accessibility and affordability give a practical framework for India's future food system, a policy priority since the First Five-Year Plan. The piece first ran in The Economic Times.
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Deccan Herald finds traders in Old Delhi's Khari Baoli still run much of their business in cash on informal kachha bills during the festive rush, leaving little paper trail despite the ease of doing business push.
Read more at Deccan Herald →With China+1 strategies gaining traction and mature producers losing competitiveness, India, already the sixth-largest chemical producer, is positioning its industry for a bigger role in global supply chains, Fortune India reports.
Read more at Fortune India →Piyush Goyal said the commerce and industry ministry is identifying sectors that are safe from AI disruption, as concerns grow about the technology's potential impact on jobs across the economy, Mint reports.
Read more at Mint →The Centre plans to pare its holding in four public sector banks to 75%. Earlier this month Fairfax Financial agreed to buy a 60.72% stake in IDBI Bank for Rs 52,878 crore.
Read more at The Economic Times →A government committee chaired by NITI Aayog member Dr M Srinivas will review the Uniform Code for Pharmaceutical Marketing Practices 2024, which governs medicine promotion and dealings with doctors, including possible changes to oversight.
Read more at Policy Edge →Pahle India Foundation hosted a discussion on Viksit Odisha in Bhubaneswar on 23 October with Chief Secretary Anu Garg as chief guest. Talks centred on Odisha's economic progress, investment and sustainable manufacturing.
Read more at The Samikhsya →A Countercurrents commentary says the UK Court of Appeal's rejection of India's challenge to arbitration over the AP bauxite project should prompt a review of India's bilateral investment treaties and mineral policy.
Read more at Countercurrents →A BCG report finds nearly every economy has progressed on AI readiness, but speed and scale separate leaders. Enterprise AI investment doubled in 2026, and nearly nine in ten CEOs reported cost or revenue benefits.
Read more at Business Today →
IIM Ahmedabad concluded cluster 1 of summer placements for its PGP Class of 2028 with more than 85 roles. Firms were grouped into six cohorts, starting with management consulting, and joined online or in person.
Read more at Education Times →
Dartmouth graduate Elan Kluger sat in on a McKinsey presentation for freshmen to understand why so many peers are drawn to management consulting, and writes about what he saw in The Boston Globe.
Read more at The Boston Globe →
IIT Patna graduate Shristi Shreya Singh, who worked at Google, P&G and Accenture Strategy, compares corporate jobs with content creation, which many professionals now start alongside their day jobs, Moneycontrol reports.
Read more at Moneycontrol →Shiksha's review of MBA hiring finds BFSI and consulting among the top recruiting sectors, and looks at placement shares across the leading IIMs and the companies hiring most management graduates in India.
Read more at Shiksha →
A BCG survey of 645 CEOs suggests many leadership teams are about to change, Inc. reports, and the chief financial officer is the role most likely to be replaced in the next shake-up of the C-suite.
Read more at Inc. →Consulting, strategy and advisory roles checked today, India first. Every listing links to the original posting. The case interview is still yours to crack.
Upcoming summits and forums, each checked against its own page this morning. The networking is billable to nobody.
It sits on your phone like an app and has never once asked for an update.
iPhone