EisnerAmper India’s Post

🌟 Exciting quick take 🌟 Under the guidance of Shailendra singh Bisht sir , I want to share a quick take for a recent B2B news in financial service. i.e Wipro securing a multi-million-dollar contract with Standard Chartered Bank, a prominent name in the global banking industry. This partnership marks a significant milestone for both companies, reflecting a shared commitment to innovation and digital transformation in the financial sector. Why this partnership matters 🔍Strategic Alignment: Wipro’s expertise in digital and IT services perfectly complements Standard Chartered’s vision for enhancing customer experience and accelerating their digital journey. 📈 Business Growth: For Wipro, this collaboration reinforces their market leadership and underscores their capability to manage large-scale, complex projects for global enterprises. 💡 Innovation at Scale: By leveraging Wipro’s advanced technological solutions, Standard Chartered aims to improve operational efficiency, innovate customer interactions, and maintain a competitive edge in the evolving banking landscape. In summary, the partnership between Wipro and Standard Chartered Bank is driven by mutual benefits: Wipro enhances its market position and revenue while showcasing its capabilities, and Standard Chartered accelerates its digital transformation, improves customer experience, and gains cost efficiencies. #QuickTake #FantasticFriday #industryreadiness #trusttheprocess #CampusToCorporate #YouVersion2PointO #100daysTransformationChallenge #digitaltransformation

"When we started, cost arbitrage was the main reason for setting up the center. Over time, the focus has shifted to transformation, innovation, and strategic initiatives. Today, the emphasis is on value addition for the enterprise. Like other GCCs, we are now entering a phase of exponential value creation. India has abundant talent, but the challenge is ensuring its relevance. Developing the right skills, driven by industry-academia collaboration, is key to the future of GCCs." - Mamatha Madireddy, MD, Head of HSBC India Global Service Centres at HSBC at the 5th Edition of the Government of Madhya Pradesh, MPSeDC (Department of Science and Technology, GoMP) co-presents ET Edge Global Capability Centers Summit 2024 co-powered by Cognizant | GMR Aerocity Hyderabad | Thoughtworks. #ETNOWGCC2024 #ETEDGEGCC2024 #ETEdgeGCCSummit #ETNowGCCSummit #IndiaGCCs #globalcapabilitycenterssummit2024 #captivesinindia #educationsystem #governmentpolicies #ITInfrastructure #AIinGCCs #digitaltransformation #talentdevelopment #educationalcollaborations #GCCGrowth #IndiaEconomy

If you were to judge an organization's growth on a single factor, what would it be? Let's simplify it further: What is the ultimate goal of any organization? Yes, you guessed it right. It's 𝗽𝗿𝗼𝗳𝗶𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆—the clear indicator of growth for any organization. To continually attract profitability, organizations must develop effective strategies that promise long-term growth. But it's not just about developing strategies; it's also about leveraging current revenue to finance future ventures. Achieving sustained profitability involves not only maximizing current operations but also wisely investing in future growth opportunities. This principle is best exemplified by the Tata Group, which leveraged revenue from TCS, its largest cash generator, to expand into other sectors. Tata's strategic use of revenue goes beyond mere acquisitions, driving profitability across multiple ventures. While not every acquisition proved immediately profitable, Tata's approach showcases a sustainable path to profitability. To delve deeper into achieving business profitability, consider checking out my book, "𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝗥𝗲𝗶𝗻𝘃𝗲𝗻𝘁𝗶𝗻𝗴." Click the link in bio to purchase the book. Rajesh Nair #BusinessProfitability #BusinessDiversification #BusinessStrategy #TransformationThroughReinventing  #ICICIBANK #Tatagroup

'Global Capability Centres (GCCs) in India could employ 2 million people with a revenue of up to $80 billion in the next two years...' 'The mature ecosystem, talent and cost advantages and politically stable environment amid global uncertainty are the main factors that make India a successful GCC leader...' Click here to know more > https://lnkd.in/g7YCfYaP #GlobalCapabilityCenters #IndiaBusiness #GCC #TechInIndia #deloitte #IndiaGrowthStory #BusinessExpansion #InnovationHub #ET #TheGCCglobe #EconomicTimes #DigitalTransformation #GatewAI #BusinessInIndia #TechTalent #IndiaTech #BusinessOpportunities #FutureOfWork #Nasscom #gatewAI Ankur Goel Suchita Vishnoi

You know why KKR won this year? They had a very good "Independent" mentor guiding them through out. Gautam Gambir acted like an independent director, bringing fresh ideas and perspectives that internal team members might miss. Let us look at some examples where an independent director played a crucial role - 1) Take Infosys, for example. When the company was scaling up, it brought on Kiran Mazumdar Shaw-Shaw as an independent director. Her extensive experience in the biotech industry provided valuable insights and helped steer Infosys through its growth phases. 2) Tata Motors brought on Ravi Kant as an independent director. His presence helped enhance trust among stakeholders, especially during the company’s transitional periods. 3) Reliance Jio financial services appointed K V Kamath as an independent director, before the listing of the company. Under his leadership previously, ICICI Bank transformed itself into a diversified, technology-driven financial services group across banking, insurance and asset management in India, and a global presence. 4) Remember the internal conflicts at Yes Bank? Independent directors played a crucial role in navigating through those challenging times and stabilizing the company. Independent directors bring balance, new ideas, and a much-needed outsider’s perspective, ensuring your company not only grows but thrives. What are your thoughts on the role of independent directors? #independentdirectors #compliance #governance #ric

Great catch up yesterday with David Johnson of Wipro a senior executive who has driven and enabled transformation projects that make a difference across the BFSI industry. Someone who is very succesful as a result of a deep desire to better enable his clients. My selfie skills need enhacing!:) #Stoneism #cxtransformation.

In an article for Wall Street Technology Association (WSTA), Mphasis explains the importance of leveraging and managing investments in people, processes, and technology. Especially when a crisis risks company resources and operations – technology is the key to resiliency. For fellow #TPAs attending the Mphasis User Group Conference April 14-17th in Phoenix, this is a must-read: https://hubs.li/Q02qlrHc0

Unveiling a new chapter in our journey. We are now Syntel by Arvind. Syntel Telecom, as we were previously known, started its operations in 1986 as the telecommunications division of Arvind Limited. Over the years, the brand strengthened its innovation arms, acquired two enterprises - Enkay and Neoteric and grew as the next generation technology solution provider. Multiple business units and customers that came with the acquisition also meant the amalgamation of different work cultures and identities. That’s when we felt the need to rebrand ourselves.   What’s in a name anyway? Well, quite a lot. With Arvind getting embedded into Syntel, we transform to be an organization that stands for unmatched quality of products and services as our parent company. The responsibilities are more as we carry forward the legacy of growth and success that Arvind has scripted. The new identity has provided us with a starting point to strengthen our portfolio. Soon, we will offer an array of AI-powered intelligent surveillance and audiovisual solutions, where we are synonymous with enterprise boardroom setups. This will enable our channel partners to sell more to existing customers while acquiring new ones. We are also working towards strengthening our portfolio and alliances with OEMs. Syntel by Arvind, bigger dreams and unmatched quality in services. #rebranding #brandgrowth #growthjourney

Infosys has just published the first edition of the Infosys Bank Tech Index, a report covering 204 major banks in the Asia Pacific, Europe, and North America regions that represent 64% of total banking assets for banks with over $10 billion in assets. The report gathers quantitative data on technology priorities, IT spending and transformation trends, and skills sought in banking. Each quarter we will share the latest report which will provide an ongoing benchmark to our clients and wider industry stakeholders on evolving patterns relating to the technology, transformation and talent landscape. Infosys Financial Services  #bankinginnovation #digitalbanking #AIinBanking