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McKinsey says recovery from South Africa scandals to take yrs

McKinsey says recovery from South Africa scandals to take yrs

by AIP Online Bureau | Dec 8, 2025 | Workplace/Employee Benefits

The company was embroiled in the scandals during an era of government graft — known locally as state capture — that also involved Bain & Co., SAP SE, KPMG LLP and ABB Ltd. Rebuilding McKinsey & Co.’s reputation in South Africa after it was implicated in state...

Japan auto safety scandal widens, Toyota halts some shipments

by AIP Online Bureau | Jun 3, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Risk Management, Technology

The ministry ordered Toyota, Mazda and Yamaha to suspend shipments of some vehicles. It said it will conduct an on-site inspection at Toyota’s central Aichi prefecture headquarters on Tuesday Tokyo: A safety test scandal at Japanese automakers widened on Monday, with...

Toyota’s Daihatsu to halt all vehicle shipments, in widening safety scandal

by AIP Online Bureau | Dec 20, 2023 | International News, Regulation, Risk Management, Technology

The investigation found that the airbag control units used by Daihatsu in airbag tests for some models were different from the ones used in cars sold to the public, including Toyota’s Town Ace and Pixis Joy models and the Mazda Bongo. Toyota Motor’s Daihatsu unit will...

Axis MF scandal set to hit $465-bn asset management industry

by AIP Online Bureau | Jul 13, 2022 | Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy

Mutual funds, which fall somewhere between high-risk stock trading and low-return bank deposits, have offered an attractive proposition to both young and risk-averse older investors in India. The industry has grown nearly five-fold in the last decade, with over 37...

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