Lessons in Real Estate Investment from Arnold
Not many are aware that the Hollywood star and former professional bodybuilder Arnold Alois Schwarzenegger first achieved financial stability not from the fascinating movie business but from investing in the much less spectacular real estate business. In fact, he was already a wealthy man before he made it big in the cinema. Arnold, who besides…
NCLT Gives Green Signal To Merger Of Slice And NESFB
The Guwahati bench of the National Company Law Tribunal on August 19 gave the green flag to the amalgamation involving Garagepreneurs Internet Pvt Ltd, Quadrillion Finance Pvt Ltd, Intergalactory Foundry Pvt Ltd, North East Small Finance Bank Ltd (NESFB), RGVN (North East) Microfinance Ltd, and Tiger Global-backed Slice. The news came one year after the…
Reliance Layoff Raises Economic Red Flags in India
India’s largest conglomerate, Reliance, announced an 11% reduction in its workforce, laying off 42,000 employees. According to Livemint, most of these employees were either contract workers or part-time employees. The company also hired 33% fewer fresh recruits than the previous year. RIL has recruited merely 1.17 lakh new recruits in this fiscal year. These changes…
Adani Family Left Out of Hurun’s Top Family Businesses
Recently, Hurun released its report on India’s most valuable family businesses. According to Hurun’s list of the top 10 family businesses in India, these businesses have collectively amassed a total value of more than INR 60,00,000 crores. However, this list doesn’t include the name of multi-billionaire Gautam Adani’s business. This news sent a shockwave across…
Adani To Retire At 70: Who Will Be The Next Chairman?
Gautam Adani, Indian business Tycoon and Asia’s second-richest person, has decided to step down from his position in early 2030 and transfer his control to his sons and nephews. The 62-year-old multi-billionaire will retire at the age of 70 and has emphasized the importance of succession in an interview with Bloomberg News. According to the…
GCC’s Employees More Than 16 Lakh People In FY 24
The recent economic survey of 2024 revealed shocking information regarding employment statistics in India. According to the survey, GCC (Global Capacity Centre) generates more jobs in India than in the IT sector. It employed more than 16 lakh individuals in India in the previous year, 2023. The survey further mentioned that GCCs grew at a…
Artificial Intelligence: The Vanguard of Cosmic Exploration
There are 10 to 50 billion habitable worlds in our galaxy alone, and it’s not feasible for space scientists to manually search for extraterrestrial life among such a large number of planets. Modern machines and tools designed for space research generate terabytes of data daily. Therefore, AI’s analytical capabilities are essential for handling the massive…
From Algorithms to Narratives: The Shift to Story-Driven CareersÂ
The zenith of technology sector employment has passed, and the trend is now reversing. According to Trueup compiled statistics, in 2023, there were 2011 layoffs within technology firms, affecting 429,515 individuals—an average of 1117 employees per day. In 2024, there were already 642 layoffs reported at tech companies, with 150,412 employees impacted, equating to an…
Swiggy’s Major Pre-IPO Development: What’s the Big News?
Swiggy, one of the leading companies in the food and grocery space, has declared one of the biggest ESOP (Employee Stock Option Plan)liquidity programs to date. The company has announced that it will offer ESOP liquidity to more than 2,000 employees across all departments and levels before launching its IPO. This program allows employees to…
Indian Startup Ecosystem: Challenges & Future Prospects
India boasts the world’s third-largest startup ecosystem, with a 12-15% growth rate. Did you know that in 2018, India had approximately 50,000 startups across various industrial sectors? Around 8,900 – 9,300 of these were tech startups. Later, in 2019 alone, 1,300 new tech startups emerged, meaning 2-3 tech startups were launched every day! Generally, it…
