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Professional Services Research and Consulting Services

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  • April 16- Tata Consultancy Services Ltd has been sued by a white American information technology worker who accused India's largest software services exporter of overwhelming favoritism toward workers of South Asian descent in the United States. In a complaint filed on Tuesday in San Francisco federal court, Steven Heldt said 95 percent of Tata's 14,000-...

  • TORONTO, April 10- Proxy advisory firm Institutional Shareholder Services has recommended that shareholders vote against Barrick Gold Corp's executive pay plan, the second influential advisor to find fault with the company's compensation scheme. A 36 percent jump in Executive Chairman John Thornton's compensation, to $12.9 million in 2014 from $9.5...

  • NEW YORK, March 31- As the bull market in U.S. stocks enters its seventh year, the 2015 U.S. "We wanted to highlight consistency over multiple time periods this year," said Tom Roseen, head of research services at Lipper, a division of Thomson Reuters. Five socially screened funds received Lipper Awards, including the Calvert Global Water Fund, the Guidestone...

  • NEW YORK, March 13- U.S. authorities investigating potential manipulation of Herbalife Ltd's shares by consultants working for billionaire investor William Ackman will find it difficult to prove that false statements were deliberately made to drive down the company's value, securities lawyers said. Attorney Preet Bharara have been examining whether the...

  • March 13- Billionaire investor Bill Ackman said some people hired by a consulting group working for his hedge fund had received subpoenas from federal agencies investigating possible manipulation of Herbalife Ltd's stock. Herbalife's shares rose more than 15 percent after the Wall Street Journal reported late on Thursday that federal prosecutors and...

  • The Boston Consulting Group said last month mobile money transfers in sub-Saharan Africa alone could generate fees of up to $1.5 billion by 2019.. "If you take out air-time, you have a true view of mobile money, and it's not a good story, more than a decade on," says South Africa- based Johan de Lange, who works with banks and phone companies. In Afghanistan, for example,...

  • Feb 24- Technology consultant Computer Sciences Corp drew buyout interest from French consulting company Cap Gemini SA and private equity firm Carlyle Group LP, according to people familiar with the matter. Talks between CSC and the consortium of Cap Gemini and Carlyle started late last year but have since fizzled, the sources said on Tuesday.

  • Feb 24- Technology consultant Computer Sciences Corp has drawn buyout interest from French consulting company Cap Gemini SA and private equity firm Carlyle Group LP, according to people familiar with the matter. CSC, which has a market capitalization of around $10 billion, is now working with Royal Bank of Canada as it reviews its options, the people said.

  • CALGARY, Alberta, Feb 24- Cash flows from the Canadian oil sands will fall by $23 billion and turn negative in the next two years, energy consultancy Wood Mackenzie said in a report on Tuesday, as low crude prices make it less economical to extract tar-like bitumen from the sands. The oil sands of northern Alberta hold the world's third-largest proven crude...

  • CALGARY, Alberta, Feb 24- Oil sands cash flows will fall by $23 billion in the next two years, energy consultancy Wood Mackenzie said in a report on Tuesday, as low global petroleum prices make it less economical to extract bitumen from northern Alberta. Canada's oil sands hold the world's third-largest proven crude reserves after Saudi Arabia and Venezuela, but...

  • CALGARY, Alberta, Feb 24- Oil sands cash flows will fall by $21 billion in the next two years, energy consultancy Wood Mackenzie said in a report on Tuesday, as low global petroleum prices make it less economical to extract bitumen from northern Alberta. Canada's oil sands hold the world's third-largest proven crude reserves after Saudi Arabia and Venezuela, but...

  • Feb 12- The federal judge who oversaw Detroit's historic bankruptcy case ruled on Thursday that the nearly $178 million charged to the city by law firms and consultants for fees and expenses was reasonable. The biggest bill in the biggest-ever U.S. municipal bankruptcy came from law firm Jones Day, which had employed Kevyn Orr before he was tapped by Michigan...

  • Deloitte names first female CEO of a Big 4 firm Monday, 9 Feb 2015 | 11:09 AM ET

    NEW YORK, Feb 9- Deloitte LLP has named veteran Cathy Engelbert as chief executive officer, making her the first woman to become CEO of a major U.S. accounting and consulting firm. Engelbert, 50, was formerly chairman and chief executive of Deloitte& Touche LLP, the U.S. auditing subsidiary of Deloitte LLP. Deloitte LLP is the U.S. arm of Deloitte Touche Tohmatsu, one of...

  • BOSTON, Feb 8- These are nervous times at the top of North America's oil companies. "2014 is going to look like a pretty good year for most," said Mike Halloran, senior partner and executive compensation specialist at the Dallas office of consulting firm Mercer. In dollar terms, energy company CEOs made an average of $7.3 million in 2013 compared with an average of $5.3...

  • Accenture raises revenue outlook after strong 1Q Thursday, 18 Dec 2014 | 12:02 PM ET

    Accenture raised its revenue forecast for fiscal 2015 after contract wins helped it post better-than-expected first-quarter earnings and revenue.

  • Indian retailers hobble as e-commerce race ahead Monday, 17 Nov 2014 | 5:58 PM ET

    Indian retailers are struggling to keep up online as e-commerce garner large investments.

  • Who has the best job? Saturday, 19 Apr 2014 | 10:11 AM ET

    On the best jobs list, STEM careers dominate—High-five, math and science guys!—and the worst can be summed up in one word: Timber!

  • And the No. 1 source of stress at work is ... Wednesday, 9 Apr 2014 | 12:00 AM ET

    Eight out of 10 US workers are stressed out. Can you guess why: Don't make enough money? Annoying co-workers? All of the above?

  • PwC strikes deal to buy Booz Thursday, 3 Apr 2014 | 7:16 AM ET
    PwC strikes deal to buy Booz

    Bob Moritz, PricewaterhouseCoopers chairman and senior partner, discusses the company's plan to boost its consulting business by extending its global reach.

  • Former Citigroup CEO Pandit launches new firm: WSJ Thursday, 20 Feb 2014 | 3:01 PM ET
    Vikram Pandit

    Vikram Pandit, the former Citigroup chief executive who was ousted in 2012, is launching a new consulting firm called TGG, WSJ reported.