As per the award, Infosys is required to pay Bansal the outstanding severance amount of Rs 12.17 crore, with interest
As quick commerce gains ground, emerging direct-to-consumer (D2C) brands are betting big on digital channels to drive growth. According to Aman Gupta, co-founder of wearables brand BoAt, new-age brands in India have been expanding at a much faster pace than expected, driven by digital channels like quick-commerce. "Investors doubted the potential of D2C brands when we started, but today there are multiple brands in the startup market that are growing on the shoulders of these digital channels," Gupta said while addressing a session at Razorpay's D2C and Retail Summit recently.
Kunal Shah has funded over 266 startups including Razorpay, Snapdeal, Zetwork, BlueSmart, Unacademy, Bliss Club, and Spinny, amongst others.
He said he will be 'cheering from the outside' and urged Flipkart team to continue with the momentum.
Bollywood celebrates it's favourite festival Raksha Bandhan with cute pictures and messages on social media.
The tribunal was constituted on March 18 for the purpose of adjudicating whether or not there was sufficient cause for declaring the MCJK-Bhat an unlawful association.
This September, Sachin Bansal picked 94 per cent stake in microfinance company Chaitanya Rural Intermediation Development Services. His immediate plan is to scale up the company's operations as quickly as possible without making much investment in physical infrastructure and by leveraging technology.
Former Railway Minister Pawan Kumar Bansal and four-time MP on Tuesday filed his nomination papers for the Chandigarh Lok Sabha seat, polling for which will be held on April 10.
A Gen-Z style icon, Soniya Bansal is the epitome of cool.
Where Binny slipped up badly was in gauging the level of transparency and governance that is expected by a global strategic investor, says Indrajit Gupta.
Bansal has picked up a majority stake in Chaitanya Rural Intermediation Development Services, a company which runs microfinance institution Chaitanya India Fin Credit.
The Delhi high court reserved on Wednesday its order on Chief Minister Arvind Kejriwal's pleas challenging his arrest by the Central Bureau of Investigation (CBI) in the excise policy case and seeking interim bail.
Faced with a dilemma over handing tickets to leaders facing allegations of corruption, Congress on Wednesday gave indications that while former Railway Minister Pawan Kumar Bansal could be re-nominated from Chandigarh, Pune MP Suresh Kalmadi may not be fielded in the upcoming polls.
The high court was hearing a plea moved by Swamy seeking to lead evidence before the trial court in the National Herald case, in which the Gandhis and others are accused.
Bansal's wife and daughter had hanged themselves in the same apartment while he was in jail.
Defending champions Mumbai got their Ranji Trophy campaign back on track with an emphatic nine-wicket win over Maharashtra in their second group A league game in Mumbai on Monday, offsetting the heavy loss to Baroda in the opening game.
A delegation representing the Ram Temple Trust on Friday called on President Droupadi Murmu and formally invited her to attend the consecration ceremony in Ayodhya on January 22.
A first information report (FIR) was filed in Ghaziabad on Monday against Alt-News co-founder Mohammad Zubair for allegedly promoting enmity among religious groups and other offences following a complaint by an aide of controversial priest Yati Narsinghanand, according to police.
The Vishva Hindu Parishad on Sunday said 'some people' have been seeking funds in the name of the Ayodhya Ram temple trust without any approval and a complaint has been made to Uttar Chief Minister Yogi Adityanath and the Union home ministry requesting for immediate action against them.
With regard to his investment in Ola, Bansal said that on the one hand, the ride-hailing major had emerged as a global force in the mobility space and on the other it continued to build deeper for various needs of a billion Indians through its platform. This is the largest funding by an individual in the app cab.
Raghu Krishnan profiles the man in the eye of the storm at Infosys.
The officials of the Delhi Fire Services said the blaze broke out at the children's hospital in Shahdara on Saturday night.
Reacting to Kirti Azad's expose on the alleged DDCA scam, President Sneh Prakash Bansal has strongly refuted the charges saying that no company bill mentioned in the sting operation exists in the cricket body's transaction records.
Pharma firm run by minister's wife, sons and nephews swiftly became a money-spinner, with prestigious clients.
A taxpayer who does not revise their return within the stipulated deadline would be stuck with the original return, including its errors.
Railway Minister Pawan Kumar Bansal may have been quick to deny any role in Railway Board bribery scandal and ask for a thorough CBI probe. But his image as an honest man, whose integrity could not be challenged, has been demolished. Anita Katyal reports
Bansal's exit came at a time when some good investment and policy decisions were expected.
Unlike the taint associated with run-of-the-mill politicians, Pawan Kumar Bansal had a certain image of "Mr Clean" and was known for being meticulous in work.
In the suicide note, Bansal has alleged that a CBI DIG, two women officers, and a "fat" havildar of the agency had "tortured" his wife and daughter after which they ended their lives.
Currently the vice president and head of finance, Bansal will take over as CFO from November 1.
The Railway Budget will be a tough balancing act for the minister, who needs to mobilise resources urgently to offset the burden of the recent diesel price hike.
Amid a row over irregularities in competitive exams National Eligibility cum Entrance Test (NEET) and National Eligibility Test (NET), the education ministry on Saturday notified a seven-member panel headed by former Indian Space Research Organisation (ISRO) chief K Radhakrishnan to ensure transparent, smooth and fair conduct of examinations through the National Testing Agency (NTA).
Flipkart faces intense competition from larger global rival Amazon and local rival Snapdeal.
Infosys describes him as "a very bright star in the finance department", with it for 13 years and working under Balakrishnan for the past four years.
Maken is considered a close confidant of Rahul Gandhi and was without any post ever since he resigned as Congress general secretary in charge of Rajasthan a few months ago.
Railway Minister Pawan Kumar Bansal on Saturday met Prime Minister Manmohan Singh in the wake of the Central Bureau of Investigation arresting his nephew on bribery charges. Bansal drove down to the prime minister's official residence and was closeted with him for nearly 20 minutes.
The top court said since the remit of the panel has been expanded, the committee would submit its report by September 30 on various measures to rectify deficiencies in the examination system.
A day before he committed suicide, former Corporate Affair DG B K Bansal had visited the Central Bureau of Investigation headquarters to submit Income Tax certificate showing that his son Yogesh had disclosed over Rs 2.38 crore of unaccounted income to tax authorities.
Chief Minister Mohan Yadav on Sunday night ordered the removal of the Sagar district collector, superintendent of police and sub-divisional magistrate following the deaths of nine children on Sunday, an official said.
Catch bestselling author Rashmi Bansal in conversation about her new book Poor Little Rich Slum: What we saw in Dharavi and Why it Matters.
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