Rashaad Ather

Union Finance Minister Nirmala Sitharaman presented her seventh Budget, proposing to abolish the 30% Angel Tax to support startups. This move aims to boost innovation and entrepreneurship by removing the tax burden on external investments.

On July 20, 2024, Zerodha CEO Nithin Kamath shared how the company avoided issues during a recent Microsoft outage as they were using Linux laptops. Kamath emphasized cybersecurity, citing a Rs 20,000 crore scam and urging two-factor authentication.

In India, 65% of the population is under 35, but only 51.25% of youth have employable skills, according to the 2023-24 Economic Survey. Youth unemployment has decreased since 2017-18.

Akshat Shrivastava, a social media influencer and entrepreneur, sparked debate by comparing Western and Indian pay structures. He suggested implementing a pay-per-hour policy to address the long working hours issue.

PhonePe CEO Sameer Nigam issued an unconditional apology on X after #uninstallPhonepe trended due to his critical remarks on Karnataka's job reservation bill.

Nischal Shetty, founder of India's largest crypto exchange WazirX, can't sleep or eat after a North Korea-linked ₹1,965 crore hacking loss. WazirX and Liminal blame each other.

The Karnataka government plans to pass an amendment bill extending IT employees' working hours from 10 to 14 per day. IT unions call it "inhuman."

River Mobility Ltd, a Bengaluru-based EV startup, plans to invest ₹1,000 crore in a new 25-50 acre facility in South India, producing 5 lakh vehicles annually.

Wipro plans to hire 10,000-12,000 employees this fiscal year after a six-quarter decrease. They recruited 337 employees in Q1 and will hire freshers from engineering campuses.

Kunal Bahl and Rohit Bansal, Snapdeal founders, exited Urban Company with a 200x return on their Rs 57 lakh 2015 investment, now valued at Rs 111 crore.