Nikhil Kamath From Zerodha’s Billionaire Co-Founder to Entrepreneurship Advocate At just 37 years old, Nikhil Kamath, the co-founder of Zerodha, has earned the distinction of being India’s youngest billionaire with a staggering net worth of $5.5 billion, securing the 40th spot in Forbes’ list of India’s wealthiest individuals. However, Nikhil Kamath’s journey goes beyond accumulating …
Infosys Cautiously Navigates Challenges Amid Downturn in Key Sectors Indian multinational IT giant Infosys is approaching the remainder of the year with a soft and cautious outlook as it grapples with the repercussions of a downturn in several critical sectors. The company continues to face challenges in telecom, high-tech, retail, and areas of payments and …
RBI Slaps INR 5.39 Crore Penalty on Paytm Payments Bank for KYC Non-Compliance and Cybersecurity Violations In a significant development, the Reserve Bank of India (RBI) has imposed a penalty of INR 5.39 crore on Paytm Payments Bank for non-compliance with Know Your Customer (KYC) norms and violations related to cybersecurity. This action underscores the …
Ranjan Pai Contemplates Multi-Million Dollar Investment in Byju’s-Owned Aakash Institute In a strategic financial move that could have a significant impact on the Indian education sector, Ranjan Pai, the Chairman of the Manipal Education and Medical Group, is reportedly considering a substantial investment in the Aakash Institute, owned by Byju’s. This investment, well beyond the …
TCS Continues 100% Variable Pay for Majority of Employees in Q2FY24 Amidst Workforce Changes Tata Consultancy Services (TCS), India’s largest IT services company, is making headlines with its recent compensation strategy, as it continues to adapt to the ever-changing landscape of the IT industry. In a move that has garnered attention, TCS announced that it …