Meet Neha Narkhede, self-made debutant on Hurun Richest Women list
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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US streaming platform Confluent Co-Founder Neha Narkhede’s net worth is Rs 13380 crore. HCL Chairperson Roshni Nadar Malhotra topped the Hurun Leading Wealthy Women List 2021 for the second year running with a net worth of Rs 84330 crore.
Neha Narkhede, the Co-Founder of Silicon Valley-based data streaming platform Confluent, became the newest entrant to the Hurun Leading Wealthy Women List 2021. The 38-year-old is the eighth richest on the list, ahead of Vandana Lal of Dr Lal PathLabs and behind Anu Aga and Meher Pudumjee of Thermax, at a net worth of Rs 13,380 crore. Narkhede is a self-made entrepreneur.
Lal and Narkhede were the only two new faces in the top listing of the richest women in India. The list, in its third annual iteration, is compiled by Kotak Private Banking, a division of Kotak Mahindra Bank Limited, and Hurun India, and has the names of the wealthiest women in India.
Raised in Pune, Narkhede studied her BSc in engineering at the Pune Institute of Computer Technology (PICT), University of Pune. She completed her master’s from the Georgia Institute of Technology. Joining Oracle and then LinkedIn as a principal software engineer, Narkhede co-created the open source platform Apache Kafka, which she used to co-create Confluent. Narkhede served as both the chief technological officer and the chief product officer at Confluent until 2020, and now serves as a board member of the company.
Confluent currently has a market cap of $7 billion, after it raised $880 million in its IPO last year. Narkhede was listed as one of the Innovators Under 35 by the Massachusetts Institute of Technology (MIT) in 2017, one of The World’s Top 50 Women in Tech in 2018 and one of the America’s Self-Made Women in 2022 by Forbes.
Roshni Nadar Malhotra, the Chairperson of HCL Technologies, topped the list for the second year in a row with a net worth of Rs 84,330 crore. Nykaa Founder Falguni Nayar was the second-richest on the list and the richest self-made woman, overtaking Kiran Mazumdar-Shaw of Biocon for both titles.
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
3 Mins Read
Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
Gautam Adani rose to join the club of richest Indians in just two years. He currently stands as the second richest person in India with an individual net worth of $74 billion. However, Gautam Adani and family’s net worth stands at $95 billion. As he turns 60 years old on June 24, here are some lesser-known and interesting facts about Gautam Adani and his wealth. (Image: Reuters)1. Adani Family donates Rs 60,000 crore | On the year of the centenary birth anniversary of Gautam Adani’s father Shantilal Adani, and Gautam’s 60th birthday, the Adani Family has committed to donate Rs 60,000 crore to a range of social causes. This corpus will be administered by the Adani Foundation. (Image: Adani Enterprise)2. He is a college dropout | Gautam Adani dropped out of college in his second year to chase his entrepreneurial dreams. (Image: Reuters)3. He became a self-made millionaire at the age of 20 | Although he was born in a family that ran a textiles business, Adani wanted to go to Mumbai to join the diamond business. He worked with Mahindra Brothers as a diamond sorter for 2-3 years then set up his own diamond brokerage and made his first million at the age of 20. (Image: Reuters)4. He was once abducted and is one of the survivors of the 26/11 terrorist attacks in Mumbai | Adani was kidnapped for ransom of $1.5 million in 1998. Later on November 26, 2008, he was having dinner at the Taj hotel when terrorists attacked. He hid in the basement and later escaped when the commandos took control of the place. (Image: Reuters)5. He owns a Rs 400-crore property in Delhi called Adani House | Adani is the owner of one of the costliest residences in India’s capital. He bought the Rs 400 crore Aditya Estates Pvt Ltd, now known as the Adani House, near Delhi’s Mandi House. (Image: Shutterstock)6. He cracked a Rs 6,000 crore deal in just 100 hours | In 2018, Adani Power Limited cracked a deal to acquire Udupi Power Corporation Limited in just 100 hours thanks to Adani’s excellent negotiation skills. (Image: Reuters)7. The Adani group owns India’s largest private port | The Mundra Port situated on the shores of the Gulf of Kutch is the largest private commercial port in India owned and operated by the Adani group. (Image: Reuters)8. He was the first to have thought of the port-rail linkage policy | Adani is the brain behind India’s port-rail linkage policy as he approached then railway minister Nitish Kumar with the idea for the scheme. After this, the port-rail linkage policy was crafted by the government. (Image: Reuters)9. The Adani group is neck deep in debt | The Adani group’s combined borrowings are about Rs 2.21 lakh crore as of 2022, according to a report in Moneycontrol. (Image: Reuters)10. Adani added $72.5 billion to his wealth in just 2021-22 | Gautam Adani’s wealth increased by $49 billion in 2021 as per the 2022 M3M Hurun Global Rich List, and it further increased by $23.5 billion in 2022 so far, as per a Bloomberg report. (Image: Shutterstock)
Goldman Sachs CEO David Solomon’s five success tips for interns
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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Goldman Sachs has hired 3,700 interns at its US-based offices out of the 2,36,000 people who applied for the position from across the world.
Every year, thousands of young college students apply for an internship position at Goldman Sachs and after their graduation, the world-renowned investment banking firm offers a two-year analyst position to those who emerge as successful interns. However, the competition for an internship position at Goldman Sachs is so intense that only 1.57 percent of the applicants get the opportunity to work as interns.
This year, Goldman Sachs has hired 3,700 interns at its US-based offices out of the 2,36,000 people who applied for the position from across the world. Welcoming the new interns, Goldman Sachs CEO David Solomon shared an e-mail, an excerpt of which has been accessed by CNBC, which underlined the five traits that Solomon thinks are crucial for success in this day and age.
Here are his five success tips:
Long-sightedness: In his e-mail,Solomon says that there will be challenging days and “bumps on the road” but the important thing is to keep going and enjoy the ride.
Entrepreneurial spirit: Like an entrepreneur, one should learn to recognise and fix gaps to improve the efficiency of a business. Here, communication also plays a pivotal role. Solomon advises the interns to talk to their teammates regularly and understand how they can contribute to the firm. He says “pitching in” is the quickest way to learn more about the firm and its business.
Balancing innovative ways with cherished values: Solomon tells the interns that it is important to match steps with times and find new ways to serve clients and customers. However, it is also important to not abandon the cherished principles and values of the firm.
Listen to customers: The CEO wants his interns to listen and appreciate the needs of the customers. He asks the interns to ask questions from customers to understand what they are seeking. If professionals have a clear objective, they have a better shot at reaching the right solution. Moreover, Solomon asks his interns to always appreciate their customers for giving them time. All customers should feel that they were heard.
All work and no play make Jack a dull boy: While Solomon has underlined the importance of striving for professional excellence, he also asked his interns to develop a hobby outside of work and carve out some time for it. He says that passion helps a person stay motivated and thus, people should take out time to do what they want to do. Pursuing a hobby excites and stimulates people, he said.
According to Solomon, following these five steps will help an intern “make the most out of their time at the firm”.
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
3 Mins Read
Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
This industrialist with $3 billion net worth shares his success formula for aspiring entrepreneurs
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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For the metal and mining magnate, who currently stands with a net worth of $3 billion (300 crore USD), it has been the “two wings of Karma and Dharma” that helped him “fly”.
If you are an aspiring entrepreneur, you must have come across a hundred entrepreneurship formulas by now. After all, every success story has some ingredients different from others. So, what should you go with? Well, choose the best of the best. And one such is Founder and Chairman of Vedanta Resources Limited Anil Agarwal and his success story.
For the metal and mining magnate, who currently has a net worth of $3 billion, it has been the “two wings of Karma and Dharma” that helped him “fly”. While Agarwal’s current net worth is around $3 billion, it peaked at $4 billion earlier this year.
Agarwal turned his small scrap metal business into London-headquartered Vedanta Resources, a globally diversified natural resource company whose products are sold worldwide. It extracts and processes minerals, oil and gas and has more than 65,000 employees and contractors working primarily in India, Africa, Ireland and Australia.
It all began in Lonavala, near Mumbai, where Agarwal set up his first copper rod plant. And the journey from Lonavala to London involved a 360-sq ft office, sleepless nights, ‘cutting chais’ and ‘cikkis’, and much more.
My dear dreamers, always remember that with the two wings of Karma and Dharma, you can fly towards your dreams as high as you want. This is what helped me in my journey…(1/9) pic.twitter.com/pAyQZWO93q
“On most days, I would leave my Marine Line 360 sq ft office and take the train to Lonavala. I would spend my nights working and chatting with our factory people, and then I would take the 7am morning train back to office. I used to barely get any sleep but I always felt fresh after having some cutting chai and Lonavala chikki at the station,” Agarwal recalled his journey in a Twitter post.
But soon, the morning train journeys turned into approximately 300 flights a year as Agarwal looked to realise his dream of setting up India’s first copper smelter. “I started travelling across the world to find my investors,” he said.
“During these flights, I was wide awake – just like a student who cannot sleep because of the excitement of their first day of college. Even though my dream was far from reality – I could feel it & see it. I was fortunate to find investors who believed in my vision and raised 600 cr…,” said Agarwal.
Within a few years of setting up the plant, the company increased the production capacity from 60,000 tonnes to 4 lakh tonnes and had about 24,000 people at work.
Today, Agarwal is among the richest Indians with a massive business empire, having the largest mining and non-ferrous metals company in India and multiple subsidiaries. For the six months ended September 30, 2021, Vedanta Resources had seen a record consolidated revenue, up 61 percent to $7,870 million while the consolidated earnings before interest, taxes, depreciation, and amortisation (EBITDA) went up by 99 percent to $ 2,868 million.
Not just this, over the years, Agarwal has also established his name as an entrepreneur who buys undervalued and underperforming businesses to turn them around.
“Today there are a lot of opportunities for start-ups and entrepreneurs, as our country has immense potential for growth. Work towards finding the right investor for your project,” Agarwal advised those dreaming of running businesses.
“If you have a passion and the will to make it happen, you can overcome any difficulty. I encourage you to join these young companies, your careers can grow along with these new innovative businesses. It will also change our country for the better,” he added.
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
3 Mins Read
Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
Startups shape future of industries: NITI Aayog VC Suman Bery at AIM-PRIME Playbook launch
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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According to NITI Aayog Vice Chairperson Suman Bery, startups are a vital part of the economy that may impact the future of jobs, products, and industries.
Startups represent an important part of the economy and can shape the future of jobs, products and industries, NITI Aayog Vice Chairperson Suman Bery said on Tuesday.
Speaking at the launch of ‘AIM-PRIME Playbook’, Bery further said science-based startups are particularly exciting due to their potential for delivering large-scale social impact.
The AIM PRIME (Program for Researchers in Innovation, Market Readiness and Entrepreneurship) program by NITI Aayog is aimed at promoting early-stage science-based, deep technology ideas to market through training and guidance over a period of 12 months using a blended learning curriculum.
Speaking at the event, Union Minister of State for Health and Family Welfare Bharati Pawar said during the pandemic, startups rose to the occasion and made very important contributions in diagnostics, PPEs, ventilators and last-mile vaccine delivery.
This demonstrated the potential that Indian startups hold in solving problems in the healthcare sector, Pawar added. The first cohort of the AIM PRIME program consisted of science-based startups, faculty entrepreneurs and incubator managers, where they worked on progressing their ideas by teaming up with an incubator.
The cohort included 40 organisations and 64 participants, representing 23 different cities across seven states and represented a wide variety of science-based sectors, including industrial automation, IoT, electronics, robotics, energy and environment, health and rehabilitation, and food, nutrition and agriculture.
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
3 Mins Read
Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
Jeff Bezos takes on Elon Musk, smells China ‘leverage’ in new Twitter; then pipes down
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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The Amazon founder referenced a tweet by a reporter that pointed out that China was Tesla’s second-biggest market in 2021, while questioning Musk’s commitment to free speech on Twitter, post-takeover. Later, Bezos did a near about-turn and almost praised Musk. Here’s what he said.
Amazon Founder Jeff Bezos shared a tweet questioning the potential role of China in both Tesla and Twitter in the wake of Musk’s Twitter buyout.
Soon after the Twitter board agreed to Elon Musk’s $44-billion takeover offer, Jeff Bezos posted on social media about Musk’s commitment to allow free speech on the platform.
Pointing at a New York Times reporter’s tweet on Tesla’s business interests in China, Bezos asked if Beijing would “gain a bit of leverage” now on Twitter following Musk’s takeover, given the world’s richest person and Tesla’s good relations with the Asian country.
“Interesting question. Did the Chinese government just gain a bit of leverage over the town square?” Bezos tweeted.
A post by New York Times reporter Mike Forsythe had pointed out that Tesla’s second-biggest market in 2021 was China, after the US. China is also a major supplier of Tesla’s EV batteries. In his tweet, Forsythe mentioned that China banned Twitter in 2009, leaving no leverage over the platform, but suggested that it may have changed now.
Prior to buying out Twitter, Musk had tweeted: “I hope that even my worst critics remain on Twitter, because that is what free speech means.”
Bezos tempers tweets
Shortly after tweeting about the issue, Bezos appeared to soften his remarks. He posted another series of tweets saying that he thinks Chinese authorities would “probably not” gain influence over Twitter, and in this regard, the more likely outcome would be complexity in China for Tesla. Exuding confidence in Musk, Bezos said the Tesla CEO was “extremely good at navigating this kind of complexity.”
Interesting question. Did the Chinese government just gain a bit of leverage over the town square? https://t.co/jTiEnabP6T
In the past, Bezos and Musk have taken shots at each other and their companies. Musk’s SpaceX and Bezos’ Blue Origin are direct competitors in the aerospace industry.
Musk had said the Washington Post, which is owned by Bezos, was “always good for a laugh.” The Tesla boss was reacting to the op-ed, titled ‘Elon Musk’s Twitter Investment Could Be Bad News for Free Speech,’ published by the news outlet.
The world is divided on the news of Musk’s takeover of Twitter. Some, including conservative lawmakers in the US, applauded the prospect of the platform becoming less moderated as Musk promises to promote free speech. Others, however, raised concerns that hate speech may now be less regulated in the name of free speech, Politico reported.
Musk has stated that he wants to take Twitter private and make its algorithm open-source, fight spambots and make the platform an arena for free speech, if the takeover goes ahead as planned.
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
3 Mins Read
Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
Elon Musk’s share in Twitter is ‘meaningless,’ says big Tesla shareholder. But is it?
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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Elon Musk’s presence will make things tense at the Twitter boardroom and may ultimately smoothen banned entity Donald Trump’s return to the platform.
Elon Musk’s recent purchase of a 9.2 percent stake in Twitter may have moved the prices of the social media company’s stock, but for one Tesla investor, the investment is “meaningless.” Ron Baron, the CEO of Baron Capital, is one of Tesla’s biggest shareholders but he thinks that Musk’s investment in Twitter and his resulting board seat does not amount to much.
“I think it’s meaningless,” he told CNBC. “It’s a tiny investment. $3 billion for a man who is worth $300 billion. He has Tesla which is worth a trillion (and) on the way to being worth $3 or $4 trillion.”
“There’s no way this could be anything meaningful to him,” added the long-term Tesla bull.
Though Twitter shares rose by 27 percent after Musk’s announcement, Baron’s company had chosen to not invest in the social media giant. Twitter’s stock has long underperformed when compared to other tech giants like Meta, Alphabet, Apple and others.
But Musk’s investment marks another instance of a centi-billionaire breaking into media organisations, even though many would not like to characterise Twitter as one. Musk, with his strong opinions, is expected to bring changes to how the social media platform is run.
Twitter’s boardroom may be transforming into a tense battleground for different interests. Apart from Musk’s influential presence, other major presences in the Twitter boardroom are activist investor Elliott Management and Silver Lake’s Egon Durban.
One expected change that Elon Musk is expected to bring to the platform is the relaxation of its content policy over what is allowed and what is not, according to observers and experts. One such instance of ‘relaxation’ may be the lifting of the lifetime ban on former President Donald Trump, Anupam Chander, a professor in global internet regulation at Georgetown University told Financial Times.
Trump had been banned off the platform for his inflammatory statements, which led to the January 6 Capitol Hill insurrection that happened in the wake of his loss in the 2020 US presidential elections.
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
3 Mins Read
Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
A capitalist monk? Why this 30-year-old crypto billionaire wants to give it all away
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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Sam Bankman-Fried, Founder of cryptocurrency exchange FTX, is one of the richest people in the world, being worth over $20 billion. He believes in the principle of ‘effective altruism’ and plans to donate his fortune.
Five years ago, Sam Bankman-Fried was working for a charitable organisation that functioned on the principle of ‘effective altruism,’ a philosophy which advocates using evidence and reason to figure out how to do maximum good for people and taking action on that basis. It was then that he observed a pricing anomaly in Bitcoin and decided to tread on the path of cryptocurrencies, make millions and give it away to the needy.
Now, Bankman-Fried, Founder of cryptocurrency exchange FTX, is one of the richest people in the world. According to the Bloomberg Billionaires Index, the 30-year-old is worth over $20 billion, following the latest round of investments by venture capitalists in FTX and its US arm at a combined $40 billion valuation.
Yet, in his heart, the core philosophy is the same as five years ago. He plans to keep around 1 percent of his earnings or, at minimum, $100,000 a year to lead a comfortable life and give the rest away, Bloomberg reported.
Treading the path
It was Will MacAskill, a 25-year-old doctoral student at Oxford, who first proposed the idea of ‘earning to give’ to Bankman-Fried. Although many believe MacAskill’s ideas are controversial, they appealed to Bankman-Fried.
After graduation, Bankman-Fried got a job at trading firm Jane Street Group in New York and worked as a trader. Every year, he would donate half of his six-figure salary to effective-altruism-approved charities and animal welfare groups. However, it wasn’t enough for him. It was at this time that he noticed the anomaly in cryptocurrency that led to the making of FTX.
Last year, Bankman-Fried is said to have donated $50 million, including for pandemic relief in India and anti-global-warming initiatives. This year, the target is to go up to $1 billion.
Capitalist monk
Despite being a billionaire, Bankman-Fried lives a life like a sort of a capitalist monk to whom even sleep seems like an unnecessary luxury, his friends said.
“Every minute you spend sleeping is costing you X thousand dollars, and that directly means you can save this many less lives,” Bankman-Fried’s colleague and childhood friend Matt Nass told Bloomberg.
Most weekdays, he sleeps on the beanbag in his office. The young billionaire drives a Toyota Corolla and doesn’t see much value in buying things.
“You pretty quickly run out of really effective ways to make yourself happier by spending money,” Bloomberg quoted Bankman-Fried as saying.
Talk with Katy Perry
His commitments have evolved in the last five years. Bankman-Fried now watches the Super Bowl from box seats in front of NBA star and FTX endorser Steph Curry. He lunches with basketball legend Shaquille O’Neal and parties with the top-notch in the entertainment and business world.
At one such dinner hosted by singer Sia Furler at a Beverly Hills mansion, Bankman-Fried chatted about crypto with pop star Katy Perry. Impressed by his talk, Perry announced on Instagram the next day: “I’m quitting music and becoming an intern for @ftx_official ok.”
So far, Bankman-Fried has donated less to charity than he has splurged on publicity. He has spent millions on the naming rights for stadiums and about $30 million to make a Super Bowl ad with comedian Larry David who plays a crypto sceptic. However, even though he is risking whatever he has made in crypto, he’s investing to maximise the amount of good he does, the report said.
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
3 Mins Read
Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
Storyboard18 | To Her, With Love: Simeran Bhasin, Niti Kumar, Srimathi Shivashankar & Unmisha Bhatt give a shout-out to inspirational women in their lives
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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These executives who are leading the way today talk about the women who showed them the way to truly realize their full potential
If she can do it, so can I!: Simeran Bhasin, business head – alternative protein, Licious, on how her mother’s resilience and ability to reinvent herself shaped her
My mother, Kamini Bhasin, has played a key role in shaping me as a professional. One of the few mothers who had her own business in the 70s, her concept of quality time with her kids was carting us along on her sourcing trips.
She ran a few apparel businesses over 25 years before she joined my father to expand his furniture business adding interior design to the portfolio. She is completely self-taught, so I grew up believing that education or prior experience wasn’t a qualification one required to build a business in any field.
I developed a sense of aesthetic and attention to detail, watching her design garments and then homes. I learnt the pride in financial independence early as she would get me to earn by embroidering kurtas for her boutique. Her work has always been her core identity and therefore it was only natural for me to grow up believing the same.
She’s always been a natural leader, who was always quick to take charge in any situation that demanded it. I watched her create businesses from scratch – taking help where needed and relying on her gut for other decisions. She is now reinventing herself at 74 by taking on coaching – a profession she knew nothing of till a few years ago. Like her, I’ve learnt by doing, by making mistakes and I do believe that the hurdle to try something new is what holds us back and every time I go into self-doubt mode, I remind myself that if mom can do it, so can I!
Manju Singh, my other mother, who has been a force to learn from in my personal life. The strength, determination and calm with which she has dealt with life’s ups and downs. She has always been in complete control of her emotions – something that I have been trying to inculcate with small wins every now and then. Her mind-over-matter approach amazes me – sheer positivity thrown at everything life has thrown at her.
Vandana Kohli – author, film maker, composer, director, performer and more recently entrepreneur. A dear family friend who was the reason I went to Lady Shriram College in New Delhi. I’ve watched her pack in more in a day than I could dream of. Her words of advice over the years have stayed with me always.
Mom, Sudha Murthy & Millennial women: Niti Kumar, chief operations officer, Starcom, on the women who inspire and impress her
Niti Kumar, chief operations officer, Starcom
As the eldest of four children, three of whom were girls, being a ‘girl’ was something I was sensitive to from a very young age. While there was no discrimination in those growing up years, it always felt oddly different being a woman with a purpose beyond managing the home and kids. A cliched choice perhaps, but a lot of who I am today is driven and influenced by the encouragement of my mother. Mostly a homemaker in a conservative Marwari family, she pushed her daughters to be independent, ambitious and at the appropriate time, not give a damn about what others thought!
I’ve met so many inspiring women in the course of my career, however it is Mrs Sudha Murty who stood out. The journey she has undertaken from the founding days of Infosys to the author and philanthropist she is today is just amazing. Not for a minute is she in the shadow of her spouse and her thoughts and ideals are grounded in a deep knowledge of the Indian ethos. For me, she is the perfect balance of what a professionally successful woman should be. For her, it’s not about men versus women, rather it’s a co-existence – as she once said “Men and women are complementary to each other. One need not prove one’s strength.”
Lastly (and perhaps a little oddly) I’m extremely impressed with the millennial women in the workforce today. I love the focus that this generation has, the clarity of goals when it comes to a career and life and I really wish I had this when I started out! There is so much more that young women have to deal with today and to see them grow and navigate their way is very inspiring – makes me feel the future is in the safe hands of fantastically capable women!
In her shoes: Unmisha Bhatt, co-founder and chief strategy officer, Tonic Worldwide, shares how she learnt to take the lead
Unmisha Bhatt, co-founder and chief strategy officer, Tonic Worldwide
Dina Bhatt, the inspiration and role model of my life, forever! Beautician, stylist, food blogger, poet, writer, creator, designer, artist and many other hats she wore in the late 90’s, when I was still graduating.
Technologically ahead of the curve at the age of 50 when the Internet itself was nascent. Receiving cheques from Google AdSense in her name for Google ads that would run on her blogs, when the concept of earning from ads was nascent for many digital content creators, was extremely fascinating for me.
She used to take on freelancing projects of content writing as a hobby, when I wasn’t even familiar with the industry. Little did I imagine that I would be running an independent digital agency after 20 years.
Focusing on everyone’s well being and accepting any challenge, she was a strong and compassionate woman and the role model of my life. She raised three financially independent daughters who are strong and empowered to take on the world and any challenge it throws at them.
Proud forever and ever to have her as my inspiration. My Mom.
Every drop counts: Srimathi Shivashankar, corporate vice president, HCL Technologies, uses lessons she learnt from her grandmother in her work and life
I hail from Ariyalur, a village in Tamilnadu in South India and grew up in an environment where it was imbibed that ‘less is more.’ In a household which is termed as ‘joint family’ in India, where one grows up with grandparents, uncles, aunts and cousins, ‘teamwork with discipline’ was the only way of life. There were ‘processes’ and ‘standardization of schedules’ in the household that did not differentiate ‘earners and caregivers.’
My paternal grandmother is one of my role models for imbibing values that promoted “Vasudeva Kutumbh” which means World is one family. My grandma was always up by 4 a.m. in the morning and would start preparing food for the household. She would always keep aside a handful of rice in a pot and donated the same to any temple or charity every month. Whoever was up early hours of the day in the household were also asked to join this exercise. The intent was to contribute every day for a cause that you believe in. I witnessed how this small deed everyday helped the communities during famine and other emergencies in the village.
I learnt at a very early stage in life the concept of charity and how it has to be integrated into everyday life. Later in my career I applied this in HCL, through the “Power of one” program, where employees volunteered to give INR 1 a day for community actions and adopted a cause to service one day in a year. My grandma taught me that money is not needed to transform the world but sharing what you have in excess every day in your own way and advocating the same with your teams will go a long way.
‘To her, with love’ is a Storyboard18 special series where women in leadership tell us about the women who inspired them and led the way. A shout-out to her.
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
3 Mins Read
Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
Rakesh Jhunjhunwala: ‘India ka time aa gaya hai’; ace investor says country to grow at 10% by 2025-26
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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Ace investor Jhunjhunwala emphasised the need for housing to develop at the same pace as other infrastructure, such as metro rail connectivity. He said with the development of infrastructure comes urbanisation and thus, the need for housing. He said the role of housing in driving urbanisation must increase.
Billionaire investor Rakesh Jhunjhunwala on Thursday sounded very optimistic in his outlook for India, going so far as to say India will grow at 10 percent by 202-5-26.
Speaking to CNBC-TV18, Jhunjhunwala said India needs a plank — such as ease of doing business — and said, “India ka time aa gaya hai.”
Jhunjhunwala also emphasised the need for housing to develop at the same pace as other infrastructure, such as metro rail connectivity. He said with the development of infrastructure comes urbanisation and thus, the need for housing. He said the role of housing in driving urbanisation must increase. Jhunjhunwala said the pace of Indian urbanisation needs to pick up, overusing that currently, it half the level of urbanisation in China.
“You go to London, wherever the metro goes, housing has developed. So, Mumbai is making 40km of metro and it has been made–as the transport systems come, the potential for housing is going to go through the roof. Your cities are going to get decongested and urbanisation in India is today half of China–45 percent, as urbanisation comes, housing has to come,” Jhunjhunwala said.
Speaking against the backdrop of how he had done so much business sitting at home in the past two years, Jhunjhunwala called on the government to broadbase this model.
In an earlier interview to CNBCTV-18, Jhunjhunwala said he believes India is following China with respect to its provisions on digital currency. Highlighting the point further, he explained that Budget 2022 has in fact made RBI the sole authority capable of promoting digital currency, thereby killing all other cryptos in the process. This especially assumes significance since the Cryptocurrency Bill is yet to be tabled in Parliament.
“I think what government wants to do is that it wants the Reserve Bank of India (RBI) to promote digital currency and kill all other currencies, just like China is doing, which in a way is the right approach also.”
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