Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.
Unacademy may see a funding dry spell for at least next 12-18 months and even last till 24 months and will cut costs to weather the lean period, said the chief executive of the education technology unicorn that recently laid off more than 600 employees. "This is a test for all of us. We must learn to work under constraints and focus on profitability at all costs. We must survive the winter," said Unacademy's co-founder and CEO Gaurav Munjal in a letter to the employees. "Winter is here. We are looking at a time when the funding will dry up for at least 12-18 months.
Prime Minister Narendra Modi will embark on a four-day trip to Japan from August 31 to bolster bilateral ties in key areas of civil nuclear cooperation, security, defence and trade.
'Hybrid learning is the future, and test prep is a big segment within the entire education space in India.'
China, the Ukraine crisis and Quad will dominate the discussions, observes Dr Rajaram Panda.
After a stellar November that saw companies mop up over Rs 36,000 crore from the primary market via initial public offers (IPOs) and offers for sale (OFS), the current month, analysts said, will test investor's willingness to stay on with their investments as the one-month mandatory lock-in period for anchor investors begins to loosen. A note by Edelweiss Alternative Research suggests that in calendar year 2021 (CY21), 51 companies went public. Of these, 41 issuances' anchor selling dates are already over.
While the two leaders have met earlier when Biden was the Vice President of the country, this is for the first time that Biden will be meeting Modi after he became the 46th president of the US in January.
HR Guru Mayank Rautela offers practical advice.
Shekhar Chakravarty has developed and patented Curvo -- world's first non-linear ropeway system.
India's consumer digital economy which was pegged at $85-90 billion in calendar year 2020, is expected to become a $800 billion market by 2030, according to reports released by consulting firm RedSeer at its flagship event Ground Zero 5.0. The digital economy includes 60 per cent of travel, 40 per cent non-grocery retail, 30 per cent of education, 25 per cent of food and beverages services and 6 per cent of pharma/grocery going through digital channels by calendar year 2030. Online retail is set to become the third-largest market by scale by CY30 with an annual gross merchandise value (GMV) of $350 billion in CY30, said RedSeer.
Viswanathan Anand was to return to Chennai on Monday after competing in the Bundesliga Chess League but had to stay back near Frankfurt given the travel restrictions, his wife Aruna said. Anand, who is set to don the commentator's hat for the FIDE Candidates tournament that begins in Yekaterinburg, Russia to spot the challenger to world champion Magnus Carlsen, will handle the role from his present location.
By the end of the June quarter, the top four - TCS, Infosys, Wipro and HCL Tech employed 10,15,000 employees - down by 9,144 employees over the previous quarter.
With 1.35 billion users of its Internet social network, Facebook Inc would rank as the world's second-most populous nation if it were a country.
The pandemic has confined students across all ages to home and digital education is the only way to continue learning.
UPI transactions are growing faster, but wallets remain relevant for those without a bank account and seeking cashbacks.
While global majors like JetBlue, RyanAir, Southwest sell almost 90 per cent of their tickets through their own websites or apps, airlines in India have a minuscule share of around 25 per cent through direct channel booking.
It is the first-ever visit by a head of the Indian Army to South Korea.
The Adani group has the maximum number of companies in the trillion club at five, followed by the Tata group (four).
Start your digital detox today before irreversible damage to health and mental complications stalk your life, advises Ramesh Menon.
Speaking at the Rashtriya Swayamsevak Sangh's Dussehra rally in Nagpur, Bhagwat said community-based population imbalance is an important subject and should not be ignored.
'It is high time that we act instead of just talking about how and why the climate is changing.'
Taj Mahal is popular among virtual travellers.
News of all that's transpired on and off the football field.
A Dubai trip plus Apple iPhone 12 is cheaper than buying the phone in India. Various models of the iPhone 12 Pro and Max are cheaper in Dubai by up to Rs 35,000 owing to higher GST, Customs duty in India.
Leaders of the United States, India, Australia and Japan did discuss the 'challenge' posed by China during the first meeting of the Quad, and they made clear that none of them have any 'illusions' about Beijing, US National Security Advisor Jake Sullivan has said.
Flipkart has promoted several of its leaders into newer roles at a time when the Walmart-owned e-commerce giant has internally raised its IPO (initial public offering) valuation target to about $60 billion and aims for a US listing in 2023, according to the sources. "I am delighted to announce the promotion of some of our exemplary leaders," said Kalyan Krishnamurthy, chief executive officer, Flipkart Group, in an internal note, and which has been reviewed by Business Standard. "Each of them has been instrumental in delivering impact and creating long-term value for Flipkart.
The centre eyes airport-specific digital solution and ties up with start-ups to solve problem unique to BIAL
'We need to retell this history from many different perspectives.'
As the world grapples with extreme weather events and climate change becomes the buzzword of contemporary times, author Amitav Ghosh says the crisis has been in the making since the 17th century and it is imperative to take into account history before beginning to tackle the issue.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
Contributions made to public funded universities, IITs, national laboratories and autonomous bodies engaged in conducting research in science, technology, engineering and medicine has now been recognised as part of CSR by the government.
India and five Central Asian countries on Thursday decided to establish a joint working group on Afghanistan at the senior officials' level, ministry of external affairs secretary (West) Reenat Sandhu said.
The spread of the Omicron variant of the coronavirus has made Indian companies persist with their policy of banning overseas trips and allowing only essential travel within India. The IT services firms, which had planned to ask their employees to return to the workplace, are also waiting and watching the Covid-19 situation before fully opening up their offices. Large conglomerates like the Tatas, Birla, JSW and Reliance are continuing with the mandatory social distancing and masking policies within their office premises.
'For Indian firms supplying global majors, coronavirus is both a threat and an opportunity.'
The move will help to reduce Air India's distribution cost by 60 per cent
Amadeus Altea Suite, a complete passenger service system, is currently used by more than 120 airlines across the world. Vistara is a 51:49 joint venture between Tata Sons and Singapore Airlines Limited.
Adapting to the new hybrid normal of remote and office work, cautiously optimistic corporate are looking to hire more people and provide better appraisals in the new year as they step out of the pandemic-ravaged 2020. The coronavirus pandemic emerged as the biggest inflection point for the Indian job landscape. For the corporates, work-from-home and remote workers became the new normal and for the professionals, online learning and digital skills took centrestage.
Not just from the likes of Alibaba and Didi Chuxing, Indian startups saw a surge in Chinese funding from financial investors in 2019. This is a seven-fold jump from $459 million in 2016.
This comes at a time when there are growing concerns about safeguarding citizens' data privacy and election interference through social media platforms.