Ola founder and chief executive officer (CEO) Bhavish Aggarwal will step back from day-to-day operations to focus more on engineering functions, team building, and products, apart from focusing on long-term strategic projects, such as two-wheelers, cars, and innovations in quick commerce and international expansion. "I'll be spending more time with all engineering functions, team building, and on products," said Aggarwal in an internal note, adding, "I'll also be increasing my focus on our longer-term strategic projects, including new two-wheeler products, our car project, innovations in quick commerce, electrifying ride-hailing, our cell research and development (R&D), international expansion, building our Pune technology (tech) centre, and Futurefoundry UK." To drive scale, speed, and quality, Aggarwal said he is expanding Ola Group's chief financial officer (CFO) G R Arun Kumar's role to help him steer 'day-to-day operations' across the group.
Karuna Jain, head of the Shailesh J Mehta School of Management at IIT-Bombay, believes India is competitive in terms of imparting quality education.
Manu Kumar Jain, India head, Xiaomi, tells Sangeeta Tanwar how the Chinese smartphone maker won over the Indian market.
Anusha Jain was 21 when she took over her father's business. In four years, she has clocked 1.5x growth for the company.
The average domestic salary of top graduates of leading B-schools increased 10 per cent this year compared to last year, a study conducted by Association of Chambers of Commerce said.\n\n
After getting rapped for accepting Vedanta group's bid that would give just 5 per cent of their outstanding loans, lenders to Videocon Industries on Monday approached the insolvency appellate tribunal NCLAT seeking fresh bids for the debt-laden consumer durable firm. Billionaire Anil Agarwal's Twin-Star Technologies had offered Rs 2,962 crore to takeover Videocon Industries, which was 4.15 per cent of the admitted claims of Rs 64,838.63 crore of lenders. SBI, the leading lender of Videocon Industries, has approached the National Company Law Appellate Tribunal (NCLAT) requesting for a rebidding of the 13 companies of the debt-ridden group, on account of strong observations against Rs 2,962 crore takeover bid by Anil Agarwal's Twin Star Technologies.
HR Guru Mayank Rautela offers practical advice.
Most institutions have decided to blacklist Grofers from participating in any placement programmes.
With the US education system operating independently from the government, universities are adopting varying strategies when it comes to Covid vaccination.
Chandra, who will turn 69 years old on Saturday, becomes non-executive director with immediate effect.
We invited readers to send in thier experiences of meeting their idols and the lessons they learned from them. First up, Parag P Jain, a student of NMIMS, Mumbai, shares his experience of meeting D Shivakumar, managing director and vice president, Nokia India.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Chopra was an assistant professor at the Stern School of Business Administration at New York University before going to Kellogg.
Ajinkya Jain who scored 99.99 percentile in MAHCET 2014 tells us how he cracked the exam.
'He is busy building an image on the social media as an anti-right-winger.' 'But remember: An actor is only good at what he was born to do,' observes Subhash K Jha.
FIIs accumulated India's top-listed companies at an average valuation of around 16 times.
Axis Bank's chief talks of her stress-busters and brushes over the 'Chanda-Shikha' stories.
The indirect tax reform Goods and Services Tax is stuck in the Rajya Sabha.
"Lives of another 60 'sickest' patients at risk. Major crisis likely," he said.
The book, 'India Can', has received praises from top business leaders including Deepak Parekh and Nandan Nilekani.
At IIM-Ahmedabad, 11 students opted out of placements to start their own venture. While at IIM-Bangalore, 4 students chose not to join the corporate world, IIM-Kozhikode had 5 students who decided to kick-start their own venture. At S P Jain Institute of Management and Research in Mumbai, out of 89 students, one student decided to opt out of placements to join his own family business where he would be heading a new division.
Will syringe shortage puncture India's Covid vaccine plans?
Amit Jain tells Shyamal Majumdar about his dream to make Uber the 'safest place in the city'
Free speech is the soul of a great university. By compromising on it, the founders have bartered away its soul, said Rajan.
Zopper, a price comparison site, with 2,000 online and 200,000 offline merchants on board, aims to increase user activity 100 times in 3 years.
Five COVID-19 patients have suffered cytomegalovirus-related rectal bleeding at a leading private facility in New Delhi during the second wave of the pandemic, hospital authorities said on Tuesday and claimed it was being reported for the 'first time' in immunocompetent persons.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
'We first need to acknowledge the truth.' 'We are trying to diminish the problem and say, everything is okay and green shoots are emerging.' 'Imagine you are a doctor and not getting accurate medical reports, how do you diagnose and treat the illness?' 'We are not dealing with a terminal illness here, we are dealing with BP and cholesterol, which are imminently curable.'
Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.
A good business school will put you through a battery of tests to improve your soft skills, says Dr Tarun Pasricha.
A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
Neha Manglik, the only female CAT topper this year tells us how she did it.
With car penetration of around 22 per 1,000 population, India continues to be a big opportunity to sell cars, especially in rural areas.
Prof Ananth Narayan, well known financial expert who works as a faculty member at the SP Jain Institute of Management and Research and the RBI's nominee director on the board of Yes Bank, expects a double-digit contraction in India's GDP this fiscal year. In the first of a two-part interview to Shobha Warrier/Rediff.com, Prof Narayan, below, says, "Giving liquidity and loan to cover the cash flow problem is not sufficient because you are essentially increasing the debt of many of these companies. And they might not be able to bear the burden."
SBI Caps readies plan, identifies 4 assets; bankers say there are enough bidders.
Fewer e-commerce companies hired candidates from B-schools this year.
Congress sitting MP Sanjay Nirupam is facing a tough contest from Bharatiya Janata Party Gopal Shetty in the North Mumbai Lok Sabha constituency, which goes to polls on April 24.
Analysts say strengthening bank's capital will boost earnings, bank needs chief with long stint to run show
