BOSTON CONSULTING GROUP
India ranked an 'AI Rising Contender' by BCG, built on talent rather than compute
India has been identified as a Rising Contender in artificial intelligence by Boston Consulting Group's latest report. The country benefits from a large pool of skilled AI professionals, bolstered by returning talent from abroad. The government has implemented training programs to upskill millions of citizens and broaden access to AI knowledge.
Meet CEO Jensen Huang’s daughter Madison Huang and her husband Nico Caprez, both Nvidia employees. She is seen as potential successor to her father
Jensen Huang's recent affair admission has brought attention to his leadership and Nvidia's future succession plans. His daughter Madison Huang, who leads product marketing for the company's physical AI business, and son-in-law Nico Caprez, vice president of global AI infrastructure growth, both hold senior positions at the chipmaker. With Madison previously discussed as a potential successor, here is a closer look at their careers and what Huang has said about his eventual replacement.
The next problem to solve: When money arrives, what can merchants do in the meantime?
At GFF 2026, PRISM founder Ritesh Agarwal and Adyen’s Chief Commercial Officer Roelant Prins discussed why, for merchants such as small hotel owners, how quickly money arrives now matters as much as whether a payment is accepted, and why AI is changing back offices faster than it is changing how people buy.
Electric two-wheeler sales hit record 2.24 lakh units in October on festive demand, new models
TVS Motor retained its leadership in October, nearly doubling registrations to 60,433 units and expanding its market share to 27% from 20.6% in the same month last year. Hero MotoCorp also gained ground, with its share rising to 13.4% from 10.9%, while Bajaj Auto maintained its market share at nearly 22%.
AI could wipe out $200 billion of IT services work by 2030: BCG
BCG’s Sreyssha George says Indian IT firms will have to rethink how they price work, hire freshers and pay AI talent, as clients move from paying for headcount to paying for outcomes.
Jim Koch invested $100,000 to start Boston Beer Company in 1984. Then by 2023, his estimated net worth reached $1.6 billion
Jim Koch left management consulting to launch Boston Beer Company with $100,000 of his own money and another $140,000 from supporters. The founder behind Samuel Adams built a multibillion-dollar business, with Forbes estimating his net worth at $1.6 billion in 2023. His investing philosophy focuses on building wealth and protecting it through diversification.
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AI led services to generate up to $200 billion in new work by 2030: BCG report
A recent report highlights the transformative impact of artificial intelligence-led services on the job market, predicting significant workforce expansion by 2030. It estimates the global services market will surge from $ 1.6-1.7 trillion to a remarkable $ 2.2-2.4 trillion. To leverage this growth, technology employees must undergo reskilling. Up to 40 new Applied AI roles may emerge, but organizations risk increased expenses by seeking external hires for these specialized jobs.
In 2019, Quentin Tarantino paid $23,000 a month to rent a house in Tel Aviv; in 2025, he bought 2 plots worth $13.8 million, here's his real estate journey
Filmmaker Quentin Tarantino and his wife, Daniella Pick, had rented a home in Tel Aviv. The monthly rent was NIS 80,000 per month, which was around $23,000. The two-storey home measured 500 square metres and stood on a 600-square-metre plot. The property was around 20 years old and located in northern Tel Aviv.
QClairvoyance's quantum chemistry bet: Transitioning from research to pharma partnerships
QClairvoyance Quantum Labs has performed chemically precise simulations of eight small molecules on an actual quantum computer, marking progress towards drug discovery applications.
The next problem to solve: When money arrives, what can merchants do in the meantime?
At GFF 2026, PRISM founder Ritesh Agarwal and Adyen’s Chief Commercial Officer Roelant Prins discussed why, for merchants such as small hotel owners, how quickly money arrives now matters as much as whether a payment is accepted, and why AI is changing back offices faster than it is changing how people buy.
Before becoming Israel's prime minister, Benjamin Netanyahu studied at MIT and worked at Boston Consulting Group; how his business career shaped his economic policies
Benjamin Netanyahu studied architecture at the Massachusetts Institute of Technology (MIT). There he reportedly earned a bachelor's degree. He also studied business management at MIT and earned a master's degree. After completing his education he worked at Boston Consulting Group (BCG) in the late 1970s.
IIM Calcutta summer placements see 475 students secure 546 offers from 156 companies
IIM Calcutta has completed the summer placements for its 63rd MBA batch, attaining incredible success. A remarkable 475 students have secured jobs, with consulting roles leading the way, supported by offers in finance and general management. Furthermore, numerous first-time participating companies expressed their intent to hire. This success is a testament to the institute's esteemed reputation and strong connections in the industry.
Nearly half of Indian two-wheeler buyers eye EVs: BCG report
Around 43 percent of two-wheeler buyers are considering electric vehicles, showing a notable increase since 2024. The outright rejection of electric options has decreased from 38 percent to 29 percent among potential buyers. Electric two-wheelers now represent 9.9 percent of overall sales, a growth from 5.5 percent in previous years. As consumer ratings improve, major concerns remain regarding longevity and rough-road capabilities of these vehicles.
Cash-strapped China targets offshore wealth with new tax
China has introduced a 20 percent tax on dividends and interest from offshore trusts to combat a fiscal deficit. Wealthy citizens must settle these taxes by Thursday within a 90-day transition period. This measure aims to reclaim billions of dollars held overseas and bolster the economy amidst ongoing financial challenges. Officials emphasize the importance of these taxes in keeping capital within China for technological advancement.
Beauty firms chase 'Ozempic face' market as weight-loss drugs boom
Galderma, Natura, and L'Oreal are developing treatments for consumers experiencing facial sagging due to rapid weight loss. These companies are responding to increased demand linked to the popularity of GLP-1 obesity drugs. Experts indicate that rapid weight loss may lead to skin laxity and diminished facial volume. While existing treatments show promise, some limitations remain in addressing deeper facial structure issues.
Drill, baby, drill: China turns the screws, India looks for own tools
China’s new export controls on tunnel boring machines (TBMs) have highlighted India’s reliance on overseas suppliers for specialised infrastructure equipment even as the government moves towards a $1.2 billion incentive scheme to expand domestic manufacturing. The proposed package aims to attract $1.8 billion in investment over seven years, but the bigger challenge will be building local capabilities in high-value components and machinery rather than simply replacing Chinese imports.
As weight-loss drug users turn to dietary supplements, doctors, regulators raise flags
The growing use of GLP-1 weight-loss drugs such as Ozempic and Wegovy is driving demand for dietary supplements in the US, as users seek to manage side effects including nausea, fatigue and constipation. Supplement sales exceeded $74 billion in 2025, while TikTok Shop generated more than $1 billion in supplement sales.
London professional thought learning AI would help his career but the plan backfired: What is 'AI brain fry' and how to stay safe from it
A London-based lawyer who started to learn AI to future-proof his career found himself exhausted by the constant release of new models and the pressure to keep up with them. His experience highlights ‘AI brain fry’, a form of mental fatigue linked to intensive AI use, monitoring multiple tools and checking their output. Research suggests the strain can affect concentration, decision-making and work accuracy.
Panasonic reverses stand on Indianising top deck, offers key roles to expats
Panasonic has recently appointed Japanese executives to senior roles in its Indian operations. The company is restructuring its leadership back to an expat-led model after focusing on Indian leadership. Former executives, such as Manish Sharma and Sandeep Sehgal, have left the company, leading to significant changes in strategy. Panasonic has downsized its operations and streamlined its product offerings to focus on air-conditioners.
Global Market: China's wealthy rush to unwind offshore trusts as tax deadline looms
China’s wealthy individuals are restructuring offshore trusts, selling investments and reassessing residency amid a new 20% tax on overseas trust income. With an October 22 declaration deadline approaching, uncertainty over enforcement and liabilities is prompting asset sales, borrowing and delayed investments as Beijing tightens scrutiny of offshore wealth.
AI could free up 40% of banks' middle and back-office capacity by 2030: BCG Report
The integration of artificial intelligence is set to drastically reshape the workforce in the banking industry's middle- and back-office sectors. By 2030, banks are expected to embrace tech-driven models, implementing AI within their operations. Revenue for corporate and investment banking is projected to climb to USD 1.1 trillion in 2026 and further to USD 1.4 trillion by 2030.
AIFs to play crucial role in India's economic growth, AI offers significant opportunities: Partner BCG
India's Alternative Investment Fund (AIF) industry has significant growth potential and could play a crucial role in the country's economic expansion, while artificial intelligence (AI) continues to present a major opportunity, said Mayank Jha, Managing Director and Partner at Boston Consulting Group (BCG).
Behind big billions, the China hedge begins to take shape in India
Hyundai Motor Group plans to invest $15.5 billion in India over the period of 2026 to 2032. This initiative aims to strengthen local manufacturing and expand research and development facilities. Attracting global interest, especially with competitors like Toyota and Suzuki also enhancing their footprint, Hyundai’s success hinges on optimizing logistics and harnessing skilled labor for maximum output.
IIM Lucknow completes summer placements with 600+ offers, average stipend up 3%
IIM Lucknow completed the summer placements for its 2026-28 PGP and PGP-ABM batches with total success. The average monthly stipend for interns increased marginally from last year's figures, while the highest stipend decreased slightly. Over 600 offers were made, showcasing opportunities in various sectors like consulting and e-commerce. Established and first-time recruiters participated, contributing to a diverse placement process for students.
India draws $351 billion in greenfield FDI, outpaces China
Speaking to ET, Nikolaus Lang, managing director & senior partner at BCG highlighted the Indian market as the biggest draw for investors amid a sweeping global realignment. He, however, stressed on sustained focus on infrastructure development, skilling and cost competitiveness for India to further enhance its manufacturing footprint on a global scale.
In 2022, Kevin Hart merged two businesses into HARTBEAT; a $100 million minority investment valued the new media company at about $650 million
Kevin Hart's media company Hartbeat illustrates the challenges faced by celebrity-backed ventures in sustaining growth. While initial success was evident, Hartbeat has experienced executive turnover and workforce reductions. The company has restructured its operations and partnered with Authentic Brands Group for financial support. Research indicates that a credible connection between the celebrity and their brand is crucial for long-term viability.
Despite price hike, appliance makers expect double-digit growth in festive sales
Air-conditioner and consumer appliance prices have risen 5-8% ahead of the festive season, but manufacturers expect sales to grow in double digits, driven by premiumisation, replacement demand, easy financing and improving consumer sentiment.
Electronics demand, global supply shifts, policy support driving India's semiconductor play: BCG top exec
India is well placed to build a deeper semiconductor ecosystem as domestic electronics demand rises, government incentives expand and global supply chains diversify, BCG’s Ankush Wadhera said. He expects AI to keep driving demand for GPUs, memory and compute, arguing that current AI-safety debates are “speed-breakers” rather than barriers to semiconductor growth.
India’s consumer durables market may reach Rs 3.25 lakh crore by 2030: BCG-CII report
India's consumer durables market is anticipated to achieve substantial growth, reaching Rs 3-3.25 lakh crore by 2030. Increased household penetration, premiumisation, and higher incomes will contribute to this progress. The localisation of components and materials is expected to improve significantly during this period. However, India's global export share remains low, highlighting the need for enhanced competitiveness.
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