Arghyam Foundation on Monday said Rohini Nilekani has decided to retire from the foundation as Chairperson and member of the board on September 30, 2021. She will be succeeded by Sunita Nadhamuni, currently a member of the board at Arghyam and Head of Digital LifeCare, Dell Giving and Social Innovation at Dell Technologies. Rohini Nilekani, the wife of Infosys co-founder and chairman Nandan Nilekani, had set up the foundation in 2001 as a vehicle for her personal philanthropy.
In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.
Indian start-ups breathed a sigh of relief after the UK government facilitated the acquisition of the now-defunct Silicon Valley Bank's (SVB's) British arm by HSBC. In a bid to allay fears, the US Federal Deposit Insurance Corporation (FIDC) announced recently that it had transferred all deposits of start-up-focused SVB to a newly created bridge bank and all depositors would have access to their money. President Joe Biden also sought to reassure jittery depositors that they can have confidence that the US banking system is "safe".
Expect heightened volatility and stress to hit the markets. Caution may be the need of the hour, alerts Akash Prakash.
It was a common perception in the US that Indians didn't know how to lead a company or delegate authority.
Wearable technologies are also contributing to the increased use of Big Data.
'Gavaskar utilised the time between the limited overs and the Test series of the West Indies tour in America to create awareness for the Heart to Heart foundation'
Mark Zuckerberg's pledge on Tuesday to give away most of his Facebook shares, a roughly $45 billion fortune, helps cement his role as one of Silicon Valley's most generous donors.
The net worth of the richest Americans grew by 13% in the past year to $ 1.7 trillion.
Prince Harry has secured a new job to add to his resume. Harry is set to become the chief impact officer of BetterUp, a San Francisco-based company that provides virtual coaching and counselling to employees and individuals.
India's Silicon Valley, Bangalore has been ranked among the world's eight largest technology innovation clusters by MIT Technology Review.
Former U-19 World Cup-winning captain Unmukt Chand is set to become the first Indian cricketer to play in Australia's Big Bash League after he signed for Melbourne Renegades for the 2021-2022 season.
Also on Flipkart's to-do list is getting people from the Silicon Valley on its rolls.
Hundreds of Indian companies are expected to go big, issue public issues and even acquired by top global IT firms.
Employees accused them of limiting competition by colluding not to poach each other's talent.
Mithali is currently the highest run-getter in ODIs. She also led the team to the ICC Women's World Cup final in England, where they lost to host England.
Bangalore scores in terms of schools and colleges, ability to attract infrastructure, office space availability and city culture.
A well known figure among the Silicon Valley elite, Sikka recently quit his job at SAP.
Tesla began taking orders for its Model 3 sedan from Indian customers in 2016 and caught the fancy of people like GOQii's Vishal Gondal, Paytm's Vijay Shekhar Sharma and venture capitalist Mahesh Murthy. Amid hints from Elon Musk, Alnoor Peermohamed reports on Tesla's Indian entry.
The Hyderabad Garage will collaborate with teams in Silicon Valley, Redmond, Vancouver, Washington, New England, Israel and Beijing.
The case has been closely watched due to the potentially high damages award and the opportunity to peek into the world of Silicon Valley's elite.
Tech workers filed a class action lawsuit against Apple Inc, Google Inc , Intel Inc and Adobe Systems Inc in 2011, alleging they conspired to avoid competing for each other's employees in order to avert a salary war.
When Vinod Khosla bought the Martin's beach property he put up a gate with a sign that said, 'Beach closed, keep out'. Ritu Jha reports from California.
While Facebook's CEO had shown up in a hooded sweatshirt and sneakers, Twitter's executives were clad in dark suits as they pitched investors over plates of pesto chicken salad and raspberry tart.
As Satya Nadella takes over as CEO of technology giant Microsoft, it is a thrilling moment for people of Indian origin in America.
San Francisco Bay Area's investor community hopeful that Prime Minister Narendra Modi's Silicon Valley visit will lead to policy changes.
A coalition of over 150 US-based academicians back Prime Minister Narendra Modi's visit to Silicon Valley next week and counter refute 130 US-based South Asian academics who oppose the Modi visit and his Digital India initiative.
Twitter has filed for an initial public offering with US regulators.
Welcome to the world of tech start-ups Ms Chopra!
Ajit Balakrishnan on keeping an eye on democratising finance in India.
The four defendants allegedly used three California corporations to orchestrate the improper submission of more than one hundred H-1B visa applications.
NASA's Deep Space Networks will help India to track the Mars orbiter's journey, and will also help to track it when it will go around Mars, reports Ritu Jha from California.
India's Silicon Valley Bangalore turns out to be the worst place to start a business in India, according to World Bank survey.
The locality, home to IIT-Bombay and the National Institute of Industrial Engineering (NITIE), is steadily attracting fledgling entrepreneurs for purposes of both work and residence.
Amazon, in recent years, has emerged as a disruptive force in shopping, attracting millions of customers across the globe - the US and India in particular - to shop online.
President Barack Obama has 60 days to review ruling.
The tax evasion battle between the tech giants and various governments is not just a fight about tax revenues but also for moral supremacy.
More companies can now get the visa rather than very few taking a lion's share.
Let's take a look world's leading cities for start-ups, including one from India.
