business news

In a recent podcast, Ola CEO Bhavish Aggarwal reiterated his support for Narayana Murthy's controversial advice advocating a 70-hour work week, despite facing criticism on social media. Aggarwal expressed his belief that such dedication is necessary to propel India towards becoming a global leader in economic stature.

According to recently released government data, retail inflation in India climbed to 5.08% in June, up from 4.8% in May 2024 and 4.87% in June 2023. The increase was primarily attributed to higher prices of essential kitchen items, highlighting ongoing economic challenges.

In a recent LinkedIn post, Ram Prasad, co-founder and CEO of Final Mile Consulting, a behavioural science solutions company, shared his remarkable weight loss journey

Zepto, a quick-commerce platform, found itself in the midst of social media uproar after a Gurgaon resident highlighted exorbitant prices for dhaniya (coriander) on the app. Harsh Upadhyay took to social media to share his shock over Zepto listing coriander at ₹131 per 100 grams, even after a 22% discount.

Financial services company Angel One has refuted claims of a recent data leak affecting nearly 8 million users, following reports of a significant breach. According to The Economic Times, a hacker allegedly accessed sensitive information, including names, addresses, and profit and loss statements of affected customers, which was subsequently posted on a website.

South Korean tech giant Samsung Electronics has announced that its production remains unaffected despite a three-day general strike by thousands of workers. The strike, which began on Monday, saw over 5,000 members of the National Samsung Electronic Union cease work as part of a prolonged dispute over pay and benefits.

In a surprising revelation, Zerodha co-founder Nikhil Kamath disclosed his significant investment in the liquor industry. Kamath, who has kept this investment private until now, shared on his podcast that he has invested in Lalit Khaitan's Radico Khaitan, known for popular brands such as Magic Moments vodka, 8PM Whisky, Old Admiral brandy, and Rampur single malt.

Paytm Founder and CEO Vijay Shekhar Sharma, speaking at the 7th JITO Incubation and Innovation Fund (JIIF) Foundation Day, likened his company’s recent setbacks to a personal tragedy, calling it an emotionally challenging experience.

Ola Cabs, one of India's leading ride-hailing services, announced a significant technological shift by replacing Google Maps with its own in-house Ola Maps. Founder and CEO Bhavish Aggarwal shared this development in a post on X (formerly Twitter), highlighting that this move would save the company ₹100 crore annually.

An innovative new technology that utilizes infrared light to detect veins has garnered attention after Anand Mahindra, Chairman of the Mahindra Group, shared a video showcasing its capabilities on social media.