News for 'co-founders'

List of VIPs invited for Ram temple Event

List of VIPs invited for Ram temple Event

Rediff.com21 Jan 2024

While about 8,000 people are in the long list of invitees, the select list features 506 A-listers, including prominent politicians, leading industrialists, top film stars, sportspersons, diplomats, judges and high priests.

Combination of tech and talent is guarantee for bright future, Modi tells CEOs

Combination of tech and talent is guarantee for bright future, Modi tells CEOs

Rediff.com24 Jun 2023

Prime Minister Narendra Modi said on Friday that the combination of technology and talent will be a guarantee for a bright future for the world.

Does Your Insurance Policy Need A Rider?

Does Your Insurance Policy Need A Rider?

Rediff.com17 May 2024

A rider is a supplementary cover which can be purchased with the base policy by paying an additional premium.

'My daughter wants to pursue astrophysics. Pls help'

'My daughter wants to pursue astrophysics. Pls help'

Rediff.com6 Feb 2024

rediffGURU Rohit Gupta, co-founder and COO of College Vidya, offers expert advice on career programmes in India.

Millennials, Gen Z driving demand for luxury car rentals

Millennials, Gen Z driving demand for luxury car rentals

Rediff.com29 May 2024

India's luxury car rental market is experiencing a surge in demand, particularly in Tier 1 cities such as Mumbai, Bangalore, and Delhi, with executive travellers, especially from the tech sector and younger demographics like the millennials and the Gen Z, increasingly renting high-end vehicles for special occasions and domestic travel. Luxorides, a luxury car rental company, observed a 40 per cent year-on-year rise in bookings in 2024 (until April) on popular routes like Delhi-Rishikesh, Delhi-Vrindavan, and Delhi-Jim Corbett National Park, as well as Chandigarh-Manali and Chandigarh-Ladakh.

Licious gears up for IPO with new CFO, profit pursuit

Licious gears up for IPO with new CFO, profit pursuit

Rediff.com29 May 2024

Fresh meat and seafood delivery unicorn Licious is intensifying its talent acquisition endeavours as it pursues profitability and readies for an initial public offering (IPO) within the next 24 months. Delightful Gourmet, Licious' parent company, has named 39-year-old Karishma Gupta as its new chief financial officer (CFO). Her appointment aligns with Licious' drive for profitable growth through an omnichannel strategy.

Disclose PEDs For Chronic Care Cover

Disclose PEDs For Chronic Care Cover

Rediff.com13 May 2024

A crucial point anyone purchasing health insurance must heed is the need to declare PEDs.

Bluechips Drive Markets To $5 Trillion

Bluechips Drive Markets To $5 Trillion

Rediff.com23 May 2024

The top 100 companies have accounted for 63% of the gains (Rs 51 trillion out of Rs 81 trillion), while firms beyond the top 100 have contributed 37 per cent (Rs 30 trillion).

Health Insurance: What You Must Know!

Health Insurance: What You Must Know!

Rediff.com24 Jun 2024

Purchase health insurance at an early age, before you incur a disease, as this makes access to health insurance difficult and raises the premium significantly.

Are the stock markets prepared for a delay in interest rate cut?

Are the stock markets prepared for a delay in interest rate cut?

Rediff.com19 Apr 2024

A higher-than-expected consumer price inflation (CPI) print for March in the US has dashed hopes of an interest rate cut by the US Federal Reserve (US Fed) in June. Analysts now expect the US central bank to start cutting rates in September, provided inflation remains in check and oil prices remain supportive. The markets, analysts believe, partially factored in this possibility.

Temple fever grips Indians, lifts travel demand and hotel bookings

Temple fever grips Indians, lifts travel demand and hotel bookings

Rediff.com20 Jan 2024

Online travel portals are flooded with flight and train bookings, hotels teeming with requests for accommodation, and spiritual merchandise on e-commerce platforms is selling like hotcakes. As the consecration ceremony of Ram Mandir in Ayodhya on January 22 draws near, Indians across the country are putting their travelling boots on as the temple frenzy catches on. India's largest travel technology (traveltech) platform MakeMyTrip (MMT) has witnessed a substantial four-fold increase in bookings for Ayodhya compared to the previous year.

Google versus Epic Games verdict in US cheers Indian gaming developers

Google versus Epic Games verdict in US cheers Indian gaming developers

Rediff.com13 Dec 2023

The verdict in the Google versus Epic Games antitrust case in the US has spread cheer among the Indian gaming and app developers. Ending a three-year legal battle, the San Francisco jury found that Google turned its Play app store and billing service into an illegal monopoly. American video game maker Epic Games, best known for Fortnite, had sued Google in 2020.

BharatPe Fraud: Ashneer Grover, wife Madhuri stopped at Delhi airport

BharatPe Fraud: Ashneer Grover, wife Madhuri stopped at Delhi airport

Rediff.com17 Nov 2023

BharatPe co-founder Ashneer Grover and his wife Madhuri Jain were stopped at the Delhi international airport following a look out circular issued against them in the alleged fraud at the fintech firm, sources said. The couple were to travel to New York late on Thursday for vacation when they were stopped at the airport on the basis of a look out circular issued by the Economic Offences Wing (EoW) of the Delhi police. EoW is investigating complaints of payments being made at BharatPe to fake human resource consultancies allegedly operated by Grover and family. They have also been accused of backdating invoices to use funds.

Smallcaps Poised For Largest 5-Month Gain

Smallcaps Poised For Largest 5-Month Gain

Rediff.com30 Apr 2024

Market players attribute the rally in small and midcaps to flows from retail investors and domestic institutions.

Recipe: Shorshe Ilish

Recipe: Shorshe Ilish

Rediff.com7 Dec 2023

How about whipping up a Bengali dish for dinner?

Yoga Or Gym? What's Better For Weight Loss?

Yoga Or Gym? What's Better For Weight Loss?

Rediff.com22 Mar 2024

rediffGURU and yoga expert Radhika Iyer offers advice on how yoga can help you improve your overall health and wellness.

Valuations, access to capital spur fintechs' homecoming

Valuations, access to capital spur fintechs' homecoming

Rediff.com4 Jun 2024

Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping?

Even MBAs Find It Tough To Get Jobs

Even MBAs Find It Tough To Get Jobs

Rediff.com1 Jul 2024

'Corporations that were recruiting 15 or 20 [students] have reduced the number to two or three.'

GenAI New Fuel For Cyber Threats

GenAI New Fuel For Cyber Threats

Rediff.com23 Apr 2024

India is among countries at the highest risk from cyber vulnerabilities caused by a new generation of GenAI technologies.

Union minister greets British PM Sunak with 'Jai Siyaram'

Union minister greets British PM Sunak with 'Jai Siyaram'

Rediff.com8 Sep 2023

The British prime minister, who is of Indian origin, has often emphasised his Hindu roots and said he is proud of it.

Revealed: Swiggy, Ola, Flipkart's IPO Plans

Revealed: Swiggy, Ola, Flipkart's IPO Plans

Rediff.com7 Feb 2024

Layoffs, corporate restructuring, governance and most importantly profitability: The 14 Indian startups that plan IPOs this year are pulling out all the stops to ensure successful market debuts.

If you don't vote, don't have right to criticise, says Narayana Murthy

If you don't vote, don't have right to criticise, says Narayana Murthy

Rediff.com10 May 2023

Co-founder of IT major Infosys N R Narayana Murthy and his author wife Sudha Murty cast their ballot for the Karnataka assembly elections on Wednesday and exhorted people to vote.

Why 4,500 Indian IT Leaders Moved On

Why 4,500 Indian IT Leaders Moved On

Rediff.com18 Apr 2024

With the rush of growth after the pandemic slowing down, many leaders are moving to firms that may be smaller but are growing much faster and have the headroom to grow.

How France plans to use AI to keep Paris 2024 safe

How France plans to use AI to keep Paris 2024 safe

Rediff.com8 Mar 2024

France tested Artificial Intelligence-driven video surveillance technology that will be deployed during the Olympic Games

Bitcoin rally fuels revival hope for Indian crypto exchanges

Bitcoin rally fuels revival hope for Indian crypto exchanges

Rediff.com8 Mar 2024

The cryptocurrency exchanges in India have got a fresh lease of life following the bull run in Bitcoin, which briefly hit a new all-time high of more than $69,000. Siddharth Sogani, managing director of CREBACO, expects the price to cross $1,00,000 by the end of the year. This will see a sharp reversal in the Indian market, which has largely been dormant since the new tax regime was implemented in 2023.

TCS likely to offer 7-8% salary hike to offsite staffers

TCS likely to offer 7-8% salary hike to offsite staffers

Rediff.com26 Mar 2024

Tata Consultancy Services (TCS), India's largest IT services firm, is planning to increase salaries by an average of 7-8 per cent for its offsite employees and 2-4 per cent for its onsite staffers in 2024-25. High performers can expect a raise of 12-15 per cent. The company, which had a headcount of 603,305 as of December 31, 2023, will be closely looking at the promotions and the process may also get pushed to the first quarter of FY25, revealed a source on condition of anonymity, because he is not authorised to speak to the media.

Fintechs boost hiring, strengthen leadership

Fintechs boost hiring, strengthen leadership

Rediff.com8 Feb 2024

In the backdrop of the crisis brewing at Paytm Payments Bank, major fintech companies are ramping up their workforce and inducting new faces in their leadership teams, industry sources said on Wednesday. Users will not be able to add funds to their Paytm Payments Bank Wallet after February 29, though they will still be able to use the services and the existing balance in the wallets, according to the Reserve Bank of India (RBI) diktat. Industry sources said that competitors to Paytm are investing heavily in offline payments while doubling their salesforce.

Should You Invest In Credit Risk Fund?

Should You Invest In Credit Risk Fund?

Rediff.com8 May 2024

Only investors with a higher risk appetite should enter these funds.

Gut Health Key To Prevent Chronic Illnesses

Gut Health Key To Prevent Chronic Illnesses

Rediff.com24 Apr 2024

Maintaining the balance of gut microbiota is important as an imbalance, also known as dysbiosis, can cause or aggravate different diseases, including but not limited to digestive problems such as inflammatory bowel syndrome, mental health issues like anxiety and depression and menstrual problems.

ShareChat lays off 200 staffers as it eyes profitability

ShareChat lays off 200 staffers as it eyes profitability

Rediff.com21 Dec 2023

Social media unicorn ShareChat has laid off 200 employees, around 15 per cent of its workforce, in another round of layoffs this year to reduce costs and achieve profitability within the next six quarters. In January, Mohalla Tech Pvt Ltd, the parent company of platforms ShareChat and Moj, fired 500 employees, 20 per cent of its workforce. The same month, company co-founders Bhanu Pratap Singh and Farid Ahsan also stepped down from executive roles.

Karnataka's Locals Push Draws Flak

Karnataka's Locals Push Draws Flak

Rediff.com1 Mar 2024

'Such steps would be a barrier and something people do not want.'

'I've Lost Faith In Marriage'

'I've Lost Faith In Marriage'

Rediff.com28 Jun 2024

rediffGURU Anu Krishna, a mental health coach, offers advice on how to take charge of your life.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

Licious eyes IPO in 24 months, 500 stores in five years

Licious eyes IPO in 24 months, 500 stores in five years

Rediff.com2 May 2024

The fresh meat and seafood delivery startup Licious plans to set up 500 stores nationwide within the next five years as part of an omnichannel strategy. The aim is to attract new users in the offline channel and encourage them to transact online as well. The move would also help the company in its efforts to achieve profitability and go for an initial public offering (IPO) in the next 24 months, according to the sources.

Israel-Hamas conflict may hit gems, jewellery trade

Israel-Hamas conflict may hit gems, jewellery trade

Rediff.com9 Oct 2023

The Israel-Hamas conflict is expected to impact the trade of gems and jewellery between India and Israel, exporters said on Monday. Colin Shah, MD, Kama Jewelry, said the war can "adversely" impact Indian exports to Israel. Total gems and jewellery trade between India and Israel stood at $2.04 billion in 2022-23 as against $2.8 billion in 2021-22.

Byju Raveendran, board members will not attend BYJU's Feb 23 EGM

Byju Raveendran, board members will not attend BYJU's Feb 23 EGM

Rediff.com22 Feb 2024

Edtech firm Think and Learn Private Ltd, owner of Byju's, on Thursday said neither the company's founder and CEO Byju Raveendran nor any other board member will attend the extraordinary general meeting called by some select investors. Shareholders at Byju's are set to vote on Friday on a resolution brought by some investors to oust founder CEO Byju Raveendran and his family members over alleged "mismanagement and failures". Byju's has called the EGM "procedurally invalid" and contractually in contravention of the company's article of association and shareholder's agreement.

Medical inflation, high coverage drive up ticket sizes for retail health insurers

Medical inflation, high coverage drive up ticket sizes for retail health insurers

Rediff.com13 Mar 2024

The average ticket size of retail health insurance in India has increased by nearly 48 per cent over 6 years due to elevated medical inflation and increased demand for higher coverage policies among policyholders. According to data by online insurance broker PolicyBazaar, the average ticket size of retail health insurance in India has increased to Rs 26,533 so far in FY24, up 48.22 per cent from Rs 17,900 in FY19.

Avoid Mistakes In Health Insurance Claim

Avoid Mistakes In Health Insurance Claim

Rediff.com12 Dec 2023

Policy owners need to avoid errors on their part to prevent claims from being denied.

Swiggy gets one step closer to $1.25 bn IPO

Swiggy gets one step closer to $1.25 bn IPO

Rediff.com26 Apr 2024

Food delivery major Swiggy has received approval from its shareholders for a $1.25 billion initial public offering (IPO), according to filings made with the Registrar of Companies sourced by Tofler. The Bengaluru-based firm plans to raise as much as Rs 3,750 crore (around $450 million) via a fresh issue and up to Rs 6,664 crore (around $800 million) through an offer-for-sale (OFS) component, the filings stated.

'I Want To Impact 1 Billion Lives'

'I Want To Impact 1 Billion Lives'

Rediff.com28 May 2024

'I tell those in their 20s that age is on their side and they should start exercising early.' 'Just like investing in good stocks, if they start early, they will get the multiplier effects of being healthy, fit and strong later in life.'