BUSINESS
Moneycontrol on Clubhouse: Future of Digital Payments in India
With over 200 million active digital payment users of in India, UPI transactions crossed 5 lakh crore in value for the month of March 2021.
BUSINESS
UPI transactions touch new high, cross Rs 5 lakh crore in March
UPI, which has been clocking over two billion transactions a month since late in 2020, has ambitions of touching two billion transactions a day in the next few years.
BUSINESS
Exclusive | Chinese investors, angels eye exit from Cred in secondary share sale
After social media app Koo and fintech firm Krazybee, Chinese investors in Kunal Shah-led Cred are selling their entire stake
BUSINESS
Wipro hires former PayPal, Walmart executive Subha Tatavarti as chief technology officer
US-based Subha Tatavarti worked at PayPal for nearly a decade before moving on to Walmart in 2020
BUSINESS
Level 1, Level 2, Level 3: How NPCI plans to cap market share of apps like PhonePe and Google Pay
The move is aimed at providing an opportunity for multiple players and mitigate systemic risks that could arise out of a few dominating the space.
BUSINESS
SEBI clarifies on definition of startup, eases norms for AIFs
The market regulator has also allowed AIFs to simultaneously invest in units of other AIFs and directly in the securities of investee companies subject to certain conditions.
BUSINESS
SEBI eases norms for public listing of startups
The revised norms will also provide early-stage startup investors an easier route to exit.
BUSINESS
Bharat Biotech to expand manufacturing capacity to meet Covaxin demand: Report
Currently, the company is producing 40 lakh doses of Covaxin per month at its Hyderabad plant.
BUSINESS
Metapurse's Twobadour Paanar opens up on why they bought Beeple for $69 Million
India has a large bunch of blockchain developers, this is an opportunity to stay ahead of the curve, and spark an environment of entrepreneurship out of India, says crypto entrepreneur duo Vignesh Sundaresan and Anand Venkateswaran
BUSINESS
Exclusive | Accelerate with caution, do not fall into bad habits of the past: Sequoia India’s GV Ravishankar
Sequoia India’s GV Ravishankar, one of India’s most successful investors, says founders should not fall into bad habits of the past due to easy access of capital. He has also said it is a very difficult environment for founders and investors, as one is not able to understand what all the funding interest means.
BUSINESS
I got my vaccination certificate digitally. My friend in Seattle got it on a piece of paper: Nandan Nilekani
Talking about his journey from a software czar to a technocrat who played a central role in building India's digital rails, Nilekani said the most crucial trait a technocrat needs to have is the ability to build consensus.
BUSINESS
Indians should be allowed to have crypto as an asset class: Nandan Nilekani
Nilekani's stance is significant, as he is one of India's most prominent technocrats and has played a central role in building India's digital rails- be it Aadhaar, the UPI payment infrastructure, GST or FASTag.
BUSINESS
Indian investors give Govt's move to widen capital pool a thumbs up
The Finance Ministry, in a circular on March 17th, 2021, allowed privately managed provident, superannuation, and gratuity funds to invest up to 5 percent of their corpus in alternative investment funds (AIFs) such as SME funds, venture capital funds, social venture capital funds, and infrastructure funds.
BUSINESS
Infosys may look at hiring people with Google Career Certificates for India after the US
These certificates offer programmes in four areas - Data Analytics, Project Management, User Experience (UX) Design and Associate Android Developer Certification.
BUSINESS
How these women leaders of TCS rose to the top
Four executives trace their journey inside India’s largest software exporter, share their experiences about how they and the organisation have grown, and offer some advice on how women can strike the right balance between work and home.
BUSINESS
Valli Arunachalam moves waiver application to sue Murugappa Group
Valli Arunachalam's family owns 8.21 percent in Ambadi Investments, thus falling short of the minimum requirement by 1.79 percent.
BUSINESS
iPhone-maker Wistron resumes operations at Kolar plant
The factory had been shut since December 12 due to wage-related issues.
BUSINESS
Uber sees demand bounce back in India, plans to accelerate hiring
Ride-hailing company wants to leverage talent in India to build tech solutions that power its operations around the world
BUSINESS
Women's Day 2021: Three female gig economy workers on what their jobs mean for them
This Women's Day, Moneycontrol brings you the story of three women who braved the odds and are part of the gig economy today:
BUSINESS
Womens Day 2021: Dreams Unlimited: Startup stories from 3 women entrepreneurs in India
They spoke about their journey, key challenges, the opportunities for women entrepreneurs in India today, and why equality at home is as important as equality in the workplace.
BUSINESS
Ola's Bhavish Aggarwal looks to disrupt India's EV market by mass producing vehicles
Ola founder Bhavish Aggarwal, who aims to make the Ola FutureFactory in Tamil Nadu the world's largest two-wheeler factory, says Tesla's entry into India will be a "massive positive" for the EV ecosystem.
TRENDS
Interview | Byju's Co-Founder Divya Gokulnath on global listing plans, work-life balance, future of teaching, and more
The co-founder of the $12 billion edtech behemoth tells Moneycontrol all about her plans to take her company global, how she deals with criticism and why she thinks the golden age of teachers is coming back.
BUSINESS
Wipro started as an oil mill 75 years ago. Today it bought a UK consulting firm for $1.45 billion
While analysts and industry watchers concurred that it was a bold move, they also expressed concern because integrating a consulting firm is not easy, simply because the culture and cost structure are completely different.
BUSINESS
TCS likely to cover vaccination costs for employees
Infosys that employs 2.4 lakh people and Accenture that has about 2 lakh tech workforce in India have also said that they will be covering cost of vaccination of employees and their immediate families.
