Founder CEOs need to pay more attention to succession if their companies are to outlast them, McKinsey senior partner Joydeep Sengupta told a Business Standard summit. "Our research shows that two-thirds of them don't manage the succession very well," he said. Some look for successors in their own image.
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Former Deloitte UK head Richard Houston received £7.1 million last year, up 45%, while the firm cut 1,000 jobs and reduced profit shares for new partners. It included a £1.3 million one-off award, filings show. He is now the best-paid UK boss in the Big Four.
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TCS grew its annualised AI revenue by more than 19% in the July to September quarter, and Infosys's AI revenue rose 29% from the previous quarter, Nikkei Asia reports. The same technology is squeezing revenue from traditional work through productivity gains. The robots are paying for the robots.
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The Supreme Court will hear EY's challenge to a Delhi High Court ruling on payments its Indian entities made to its US arm for staff deputed to India. The High Court treated them as fees for technical services. EY says they are salary reimbursements. The next hearing is December 1.
Read more at Mint →
HCLTech has partnered with Japanese chipmaker Rapidus and opened two development centres in Bengaluru and Hubli for its semiconductor engineering work, including mask design and layout design. The partnership will also build a pipeline of Indian engineers to meet Rapidus's workforce needs in Japan.
Read more at BusinessLine →Ndidi Oteh became CEO of Accenture Song, the $20 billion marketing arm, in September 2025, succeeding David Droga, who remains executive chairman. Song has bought more than 70 agencies. Oteh told ADWEEK she took the job on condition of running her own strategy. The full piece is for subscribers.
Read more at Adweek →TD Cowen raised its Accenture price target to $201 from $193 in an October 15 note, after a fiscal 2026 in which Accenture reported $74.2 billion in revenue and a 15.8% adjusted operating margin. The stock traded at EUR 223.10 in Europe on October 26.
Read more at Ad Hoc News →Australia's securities regulator has accepted company auditor Benjamin Alfred Peters's application to cancel his registration after raising concerns about his work as lead auditor on a large proprietary company. ASIC found significant audit quality concerns in several areas but did not say which ones.
Read more at accountingtimes.com.au →
"Nearly 1 in 2 consumers are actively considering an E2W for their next two-wheeler purchase," a BCG survey of 1,600 owners and buyers found, with outright rejection down from 38% to 29%. Electric models make up 9.9% of two-wheeler sales so far in FY27, up from 5.5% in FY24.
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India's electric two-wheeler market remains highly concentrated, with five brands taking about 83% of sales, BCG says, even though the number of models has grown nearly 30% since 2023. Electric motorcycle models have doubled. Shoppers have more choice and keep making the same one.
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Quantum computing could unlock $1.3 trillion to $2.7 trillion in economic value by 2035, a McKinsey report estimates, with chemicals gaining up to $800 billion and pharmaceuticals up to $400 billion. The firm cautions that businesses need to build capabilities before the technology reaches wider commercial use.
Read more at BW Businessworld →
Funding AI's "insatiable" compute demand would require $6 trillion in annual revenue by 2031, Bain's seventh Global Technology Report finds. Hyperscaler capital spending could reach $780 billion in 2026, nearly five times the level of three years earlier. The bill has arrived before the menu.
Read more at aimagazine.com →
Southeast Asia's digital economy is set to grow 17% to $368 billion in gross merchandise value in 2026 and pass $1 trillion by 2035, says the e-Conomy SEA report. Generative AI has reached 243 million people, though use per person is about a tenth of US levels.
Read more at crnasia.com →Singapore's digital economy is projected to grow 8% to S$39.6 billion in 2026 and reach S$75.3 billion by 2035, according to Google, Temasek and Bain. Generative AI has reached 70% of the working population, and per capita usage is nearly half the US level and twice Europe's.
Read more at sbr.com.sg →Half of Southeast Asian consumers use AI to discover products and 69% use it to compare them, the e-Conomy SEA 2026 report found, while 19% start shopping directly on standalone AI apps. After years of fighting for the top of search results, brands must now persuade a chatbot.
Read more at The Economic Times →A full recovery in European housebuilding is unlikely before 2029, according to Bain's Building Blocks Construction Indicator. The residential market is taking off more slowly than expected despite years of undersupply, with two European Central Bank rate rises in June and September among the headwinds.
Read more at constructionbriefing.com →McKinsey's first report on business aviation finds the market resilient as demand for private flying keeps growing, while warning of strained supply chains and infrastructure. Market leaders, it says, will be the ones that respond quickly. Demand was the easy part.
Read more at ainonline.com →A BCG report commissioned by Ripple says institutions choosing digital asset custodians now judge governance and integration alongside security, which has become a baseline. BCG estimates more than 30% of digital assets held outside centralised exchanges sit with institutional custody models.
Read more at TradingView →Mark Brownlee, UK director at Brisk Group, says good project management at airports stays invisible to the millions passing through. "Very few will be aware of the projects under way around them," he said, citing terminal extensions and new baggage systems. Success, in this line of work, is being ignored.
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Liverpool civil engineering consultancy Sutcliffe, which employs 70 people and turned 40 last year, has been acquired by Venn, a new group of engineering businesses being built by Johannes Huttunen. CEO Sean Keyes will keep running the firm, which now targets £10 million in turnover.
Read more at business-live.co.uk →Accenture has acquired London-based Sagacity, adding more than 140 customer data specialists to Accenture Song in the UK and Ireland. The deal is meant to help clients turn customer data into retention and revenue programmes as they seek clearer returns on AI. Terms were not disclosed.
Read more at itbrief.co.uk →
Northern Ireland's Ardmore Group has acquired Modus, an independent London communications agency founded in 1987 with roots in fashion and beauty. Ardmore says the deal keeps Modus's specialist expertise and culture while bringing new investment and scale.
Read more at businesseye.co.uk →Sheffield technology consultancy The Curve has secured investment from Glyn Heath, founder of IT services firm Centiq, to fund acquisitions in adjacent markets such as cybersecurity. Terms were not disclosed. Heath has advised The Curve since 2023.
Read more at business-sale.com →
WTW has appointed Greg Solomon as Hong Kong market leader for its insurance consulting and technology business. He previously worked there from 2014 to 2019 and has more than 30 years in insurance and actuarial work. "We are seeing strong market interest," said WTW's Ali Bunn.
Read more at reinasia.com →Kuldeep Sehrawat has joined Wipro as Director and Head of Marketing for India, moving from IBM India and South Asia. At IBM he was Head of Marketing for Growth and Ecosystem, Channel, from September 2025 to October 2026, working on pipeline development and partner-led marketing.
Read more at Storyboard18 →NLB Services has appointed Varun Sachdeva, previously its APAC head, as CEO of its India business from October 2026. He will focus on growing its recruitment process outsourcing and global capability centre work, drawing on more than 20 years of experience.
Read more at peoplematters.in →
Gross office leasing across India's top seven markets hit 61.06 million sq ft in the first nine months of 2026, the highest ever for the period, JLL says, with GCCs taking 43% of demand. "Companies aren't waiting for global uncertainty to clear," said JLL India CEO Radha Dhir.
Read more at The Economic Times →
Infosys shares fell 4% after it cut its FY27 revenue growth guidance to 1 to 2% in constant currency from 1.5 to 3%, its second straight cut according to Goldman Sachs. September quarter revenue rose 1.5% to ₹49,244 crore and profit rose 6.2%. Deal wins were strong.
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India's real estate sector recorded 24 deals worth $705 million in the July to September quarter, down 69% from $2.3 billion in the June quarter, according to Grant Thornton Bharat. Volumes fell 38%. The firm blamed the absence of large-ticket transactions and a more measured investment environment.
Read more at The Times of India →
India's consumer and retail sector recorded 127 deals worth $1.92 billion in the September quarter, 31% more than the previous quarter, Grant Thornton Bharat estimates. IPOs and QIPs contributed about 51% of the value at $975 million, with smaller-ticket deals doing most of the rest.
Read more at BusinessLine →
The government will begin consultation on new artificial intelligence legislation in the coming weeks, IT minister Ashwini Vaishnaw said, adding that AI risks have reached a threshold where new laws are needed. A consultation paper will gather inputs from citizens and industry on how AI is used.
Read more at techgig.com →A KPMG in India report, Agrasar Bharat, says India must move beyond adopting new technologies to building the talent and companies that create and scale them. It names five building blocks for technology-led growth on the way to developed economy status by 2047.
Read more at dqindia.com →Marking ten years as CEO of HCLTech in a LinkedIn post, C Vijayakumar said the technology sector has reached another "inflection point" with AI. The future, he wrote, belongs to companies willing to keep reinventing themselves. A decade, he noted, is a long time in technology.
Read more at Business Standard →
GIFT City and IIM Bangalore will run the GIFT Finance Olympiad, a national student case challenge ahead of the Vibrant Gujarat Global Summit 2027. Postgraduate students from any discipline can enter in teams of four to solve real problems facing GIFT IFSC across three stages.
Read more at Passionate In Marketing →Axis Bank and IIM Bangalore have agreed to set up the Axis Bank Centre of Economics at IIMB's Dorabji Tata School of Undergraduate Studies in Jigani, Bengaluru. The centre will fund research and faculty development along with need-based and merit-based scholarships for students.
Read more at Careers360 →
The share of green hiring rose 25% year on year while green talent grew 13%, LinkedIn's Global Green Skills Report 2026 found. Nearly three in four green hires go into roles without green job titles, and green-skilled workers are hired at more than 1.5 times the usual rate.
Read more at ESG News →
AI architects at India's global capability centres command median fixed pay of up to Rs 108.6 lakh a year with 15 or more years in the job, says TeamLease Digital. Principal data scientists earn up to Rs 92.8 lakh. About 44% of GCCs now own products.
Read more at telanganatoday.com →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.
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