BUSINESS
Zerodha's Nithin Kamath: Don't invest in Bitcoin because I don't understand it, maybe Elon Musk knew what was happening in China
"People shouldn't have more than 1-2 percent exposure to crypto as an asset class. The only reason to buy Bitcoin is the hope that someone will buy it from you at a higher price. Zerodha will offer crypto when regulations are explicit"
BUSINESS
Exclusive | Infosys sticks to growth guidance despite COVID-19 second wave, has met critical deliverables
Infosys COO UB Pravin Rao told Moneycontrol the second wave of COVID-19 has been 'pretty stressful' compared to the first wave as the challenge was completely different this time around.
BUSINESS
Exclusive| Infosys has vaccinated 11,000, to get 1.6 million more doses, says COO UB Pravin Rao
The second coronavirus wave has been more stressful than the first but things are getting better, says Rao as he pitches for liberalising vaccine imports to ease supply
TRENDS
Gagandeep Kang backs 12-week interval for second dose of Covishield, says move based on real-world data
One of India's top virologists Dr Gagandeep Kang spoke to Moneycontrol about her expectations on the trajectory of the current wave of COVID-19, the government's vaccine policy, and how India should prepare for a third wave.
INDIA
Dr Gagandeep Kang: I take govt projections on vaccine with a grain of salt, nasal and DNA vaccines have no data yet
“When we say there is going to be 2 billion doses of vaccine in the last five months of this year, I am a bit skeptical because we haven't seen the previous predictions play out well,” says Gagandeep Kang, one of India's leading experts on vaccines.
TRENDS
Interview | We should be mentally prepared for COVID-19 pandemic to last until mid-2022: Devi Shetty
One of India's most respected surgeons, Dr Devi Shetty laid down a three-point plan to hasten vaccination, ramp up medical workforce and prepare for the third wave, as the second wave of coronavirus ravages India. He also spoke about why no country in the world could have managed the caseload India is reporting.
INDIA
EXCLUSIVE | Dr Devi Shetty's 3-point plan to hasten vaccination - buy as one, buy in bulk, rope in private hospitals
Dr Devi Shetty, one of India's most respected cardiac surgeons and founder of Narayana Health, says India is facing a war-like situation and needs a different game plan.
BUSINESS
EXCLUSIVE | COVID-19 2nd wave took everyone by surprise, things getting better: Info Edge CEO Hitesh Oberoi
Info Edge CEO Hitesh Oberoi is optimistic that the pandemic situation will begin to normalise within weeks and that things are already getting better, but the country needs an effective advance-warning system to ensure that people don’t drop their guard again.
INDIA
COVID-19 | Bengaluru nearing peak in a week, national lockdown not needed for now, says Dr Giridhara Babu
Epidemiologist Dr Giridhara Babu said he is really worried about what will happen in rural India now, as these districts lack testing capacity and healthcare systems, with many deaths going unnoticed.
BUSINESS
Cognizant had to let go of business because it couldn't hire talent
The company said its revenue growth could have been higher but lost out due to a shortage of talent.
BUSINESS
Loans, children's education, mental health: India Inc hand holds employees through COVID-19 second wave
How India Inc is stepping up efforts to support employees and their families as India battles the second wave of COVID-19
BUSINESS
Exclusive | Sudha Murty says Infosys Foundation to commit additional Rs 100 crore toward COVID-19 relief efforts
70-year old Murty's day usually starts at 5:30 am and she works for up to 15 hours a day, coordinating relief efforts from home, seeking requirements from various hospitals and organisations
TRENDS
Accel's Prashanth Prakash appointed advisor to Karnataka Chief Minister BS Yeddiyurappa
Prakash, who is one of the founding partners of Accel India is also the chairman of Karnataka's Vision Group for Startups.
BUSINESS
A pitch on a turbulent flight: How BigBasket got its Series A funding
How BigBasket secured its first cheque from an institutional investor, and the series of serendipitous events that led to its creation in 2011
TRENDS
The cold email that shaped Zomato's destiny
Zomato IPO: More than a decade ago, the food delivery company's founder Deepinder Goyal received an email that would change his destiny and that of the sender, Sanjeev Bikhchandani of Info Edge.
BUSINESS
Tata gets nod to acquire BigBasket
Tata Digital will acquire up to 64.3 percent of Supermarket Grocery Supplies and its sole control over Innovative Retail Concepts that runs BigBasket.
BUSINESS
Zomato IPO: Food delivery platform aims to raise Rs 8,250 crore, Info Edge will sell a part of its investment
Food delivery app Zomato has placed an IPO order with the Securities and Exchange Board of India.
TRENDS
Don't hoard, etailers say as Karnataka goes into lockdown tonight
With COVID-19 cases spiralling, the state government announced a 14-day lockdown in a bid to contain the spread of infection, even as the healthcare infrastructure is coming under severe strain.
BUSINESS
Retweets, Bitcoins and Ether: How the global crypto community is raising funds for India to fight Covid19
Srinivasan has also used Twitter's RT (Retweet) function to great effect, using it to raise awareness and get people to pitch in. For instance, he tweeted that for every RT, he will donate another $50, up to $100,000, to help fight Covid in India.
BUSINESS
Startup community stands up for India: A list of projects you can contribute to
Do you want to help India deal with the COVID-19 second wave, from home? This is what some of India's startups and investors are doing, and you can contribute too.
BUSINESS
IPO bound Zomato expands board, inducts 4 women directors
It raised $250 million in its pre-IPO primary fundraise a couple of months ago at a valuation of $5.4 Billion from investors such as Kora Management, Tiger Global, Fidelity, Dragoneer, and Bow Wave.
BUSINESS
Zomato IPO: Food delivery platform likely to file DRHP today
Deepinder Goyal-led company's internal review of the IPO and other processes was completed on Thursday.
STARTUP
Ola Electric to set up 1 lakh charging stations in 5 years, to invest $2 billion with partners
In an interview with Moneycontrol, Ola chairman and group CEO Bhavish Aggarwal said this would solve one of the key barriers in EV adoption: range anxiety.
BUSINESS
The darkest hour is just before dawn. India will emerge stronger: TeamLease chief Manish Sabharwal
Covid is not climate change; it is a passing shower that may see some recurrences. There have been huge reforms in labour, education and banking and these policy reforms will change the trajectory of India, says the Chairman of HR services firm TeamLease.
