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Showing posts from September, 2020

Top 30 Reputable Investors That Target India

The following are names of investors who have a good reputation and have indeed made India a target for investing. Please try and wish your company success in getting funding to fund business growth. SAIF Partners  The firm invest in India since 2001. SAIF Partners specializes in private equity and venture capital across Asia, invests between $10 Mn and $100 Mn in one or more rounds of financing with investments between $200,000 to $500,000 in early stage companies and between $30 Mn and $35 Mn in more mature unlisted ventures. The firm prefer to invest in IT sector, ITes, Industrials, Financial Services, Internet, Consumer Product, Mobile sector. Among its investee are Justdial.com, Paytm, Network18, HomeShop18, Book My Show. Ascent Capital Ascent Capital, an India-focused independent private equity firm, is among the most experienced teams on ground with over 150+ years of collective experience in Indian capital markets. The firm makes investments ranging from $10 Mn t...

During Covid-19 pandemic, companies face five liability risk trends

“Pricing in the liability insurance market may have turned in recent months, however social inflation trends and large court verdicts continue in the United States. This combined with expanded exposures for non-US companies doing business in the US and an increase in automotive part recalls are putting pressure on liability insurers,” said Ciara Brady, Global Head of Liability at AGCS. “Overlay this with the uncertain economic outlook, political instability and unknown impacts from coronavirus and this is creating a challenging market for clients, brokers and insurers alike. While we have to react to new loss trends in underwriting, AGCS remains committed to supporting our clients with solid risk transfer solutions and capacity to address today’s liability exposures,” said Ciara. Liability exposures for companies around the world are increasing. Factors such as rising litigation, collective redress and large court verdicts, costly and frequent recalls in the automotive and food sect...

Lockdown Change habits video game industry

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  03 September 2020   Consultancy.uk While economists continue to debate the threat to growth proposed by social distancing, lockdowns brought in to control the spread of coronavirus seem to have provided a major boost to the video game industry. A new survey has found the global gaming population is likely to have increased by a net of 4% since the outbreak of Covid-19. Demand for the Nintendo Switch reached a record high in the wake of stay-at-home orders due to the coronavirus pandemic. Nintendo's profits surged by more than 400% in its fiscal first quarter ended June 30, as demand for the company's Switch console and Animal Crossing video game skyrocketed amid the Covid-19 pandemic. The Japanese video game giant shipped more than 5.7 million Switch consoles in the quarter, up 166.6% year over year. The shipments included about 3 million of the original Switch device and 2.6 million units of the portable-only Switch Lite model – including a 106% spike in Europe. ...

Procurement must evolve in the post-Covid world in 5 Ways

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  14 July 2020   Consultancy.uk According to procurement expert Jeremy Smith, the world has changed drastically over the course of the Covid-19 pandemic, and so the industry must evolve to meet a diversity of new requirements. If it can, however, the 4C Associates Managing Partner believes procurement operators have never had a greater opportunity to demonstrate huge value to the economy.   While the restart of the economy is on the way, there is a reality for most organisations that the business will not return to the way it was, or at least not for some time to come. Buying habits have changed as many customers will have reconfigured their priorities, operations may need to be restructured to deal with increased cautionary measures, and procurement and supply chains will need fundamental reviews. This review must consider the immediate crisis actions taken, the turnaround measures implemented and the changing requirements of the new normal to ensure that today’s...

Lockdown changed the norms of consumer behaviour

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Consultancy.uk The lockdown brought in to slow the spread of Covid-19 in 2020 had a dramatic impact on the global economy, not least because it has shifted long-held consumer behaviours that retailers are having to adapt to for survival. Oli Freestone, Head of Capita Institute, has outlined how companies can shift to accommodate the newly formed habits of their customers. Former  PwC  and  Elixirr  consultant Oli Freestone has worked across multiple industries as a management consultant, and has expertise in strategy, technology and innovation. He currently leads Capita Institute – the think tank of global professional services firm Capita – to provide digital thought leadership, research and insights to businesses facing industry disruption. With the onset of the coronavirus pandemic in 2020, the UK retail sector is facing a host of challenges in the coming months. “As new ways of living bed in there will be increased uncertainty about what this means for ...

16 consulting firms awarded government coronavirus contracts

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By  Consultancy.uk The UK Government has once again come under fire for its spending on private consulting contractors, after it emerged the industry had received contracts worth  £56 million to help with the national response to the coronavirus. Deloitte, Cambridge Consultants and PwC took the three largest fees, pocketing some £23 million between them. Despite a recent edition of the respected Global Health Security Index predicting at the turn of the year that the UK was one of the best-positioned nations in the world to handle a pandemic, Government mismanagement of the situation quickly saw Britain spiral into crisis, amid the 2020 Covid-19 outbreak. After a decade of austerity, the National Health Service had been left under-resourced and under-staffed, and hospitals quickly reached bursting point. This saw the Government forced to call on aged practitioners to come out of retirement, and pushing student nurses to the front-line to cope with the capacity issu...

RSM grows UK revenues by 9% to £319 million

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By  Consultancy.uk RSM has increased its revenues by 9%, hitting £319 million by the end of 2017. The firm’s income for Consulting, Human Resource and Legal Services jumped 46.6% to almost £16 million, while tax and advisory increased by 8.6% to £138 million. Global mid-market professional services network RSM has 35 offices across the UK. Late last year, the firm witnessed its presence in the country expand significantly in recent years, through the acquisition of Northern Irish counterpart  RSM McClure Watters  as well as wider organic and inorganic growth. The firm has since recorded another solid year of growth, with revenues increasing by 9% to £319 million, on last financial year, ending 31 March 2017. Growth was led by its Consulting, Human Resource and Legal Services, which saw revenue jump up by 46.6% to near the £16 million mark. Risk assurance, meanwhile saw an increase of 14.6%, to £25 million. Tax and advisory, the firm’s largest practice, saw a m...

UK's fastest-growing SME professional services firms

By Consultancy.uk New analysis has identified the 1,000 fastest-growing enterprises in the United Kingdom. Nearly 100 of these growth jewels are active in UK's professional services industry. Small and medium-sized enterprises (SMEs) are the lifeblood of the British economy. They account for 60% of all private sector employment, and are the motor behind innovation and job creation. To place the spotlights on the most successful SME companies in the landscape, The London Stock Exchange Group annually conducts research into the growth rates of SME companies across the UK, with the 1,000 fastest-growing enterprises highlighted in the ‘1000 Companies to Inspire Britain’ report. This year’s data shows that London and South East England continue to have the greatest number of fast-growing companies, followed by North West England, East of England and the West Midlands. The largest number of fast growers are active in the engineering & construction, information technology, ret...