Business

Mira Kulkarni: From Tragedy to Triumph – Building a Rs 10,000 Crore Skincare Empire

In the annals of Indian entrepreneurship, Mira Kulkarni’s saga stands as a testament to resilience, vision, and unwavering determination. Her journey, fraught with personal tragedies and monumental challenges, is a narrative of how one woman’s grit transformed adversity into a thriving business empire worth Rs 10,000 crores. Mira’s odyssey began in her early twenties, navigating the fallout…
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BusinessNews

“Startup Esop Tax Clarity: Transfers Over Buybacks Shield Employees”

In an article by Anees Hussain dated July 25, 2024, titled “Esop sale: No tax worries for startup employees,” it was emphasized that recent changes in taxation laws related to share buybacks announced in the Union Budget will not significantly impact startup employees. The amendment, effective from October 1, treats share buybacks akin to dividend income, shifting the tax liability to…
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NewsStartup

Ather’s Tarun Mehta Invests in B2B Startup Pneucons, Fueling Global Expansion

Tarun Mehta, CEO and co-founder of Ather Energy, has significantly expanded his investment portfolio by strategically funding Pneucons, a promising business-to-business (B2B) industrial marketplace based in Ahmedabad. Founded in 2022 by Pritesh Lakhani, Pneucons has successfully secured an undisclosed amount from Mehta, underlining confidence in its innovative approach to facilitating cross-border…
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BusinessEntrepreneurshipStartupSuccess Story

Bengaluru Leads India’s Start-Up Surge: Karnataka Government Funds 263 Startups with Rs 60 Crore

Bengaluru, the Silicon Valley of India, continues to spearhead the nation’s burgeoning start-up ecosystem, reaffirmed by a recent report from the Department of Electronics, IT, BT, and S&T of the Karnataka government. According to the Bengaluru Innovation Report 2024, the city stands tall with 45 out of India’s 112 unicorns, underscoring its pivotal role in fostering innovation across diverse…
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BusinessNewsStartup

Google CEO Sundar Pichai Defends AI Search Amid Publisher Concerns Over Web Traffic

During a recent interview on The Decoder Podcast with Nilay Patel, Google CEO Sundar Pichai found himself addressing critical concerns surrounding Google’s implementation of AI-powered search results. The discussion centered on accusations from publishers who fear that Google’s new AI system could potentially undermine their web traffic, leading to significant repercussions for online content…
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Business

Nvidia’s CEO Jensen Huang: From Denny’s Booth to Trillion-Dollar Tech Titan

Jensen Huang, the co-founder and CEO of Nvidia, a powerhouse in the semiconductor industry with a market value of $2.22 trillion, traces the origins of his company back to an unlikely setting: a Denny’s restaurant in San Jose, California. In a recent interview with CBS’ “60 Minutes,” Huang recounted how, in 1993, he and his colleagues Chris Malachowsky and Curtis Priem gathered at that…
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BiographyBusinessSuccess Story

Jay Chaudhry, Zscaler CEO, Redefines Success Beyond Financial Wealth: “It’s About Making a Difference

Jay Chaudhry, the 65-year-old co-founder and CEO of Zscaler, a cloud security company valued at over $28 billion, has a unique perspective on success that transcends monetary achievements. Born in a farming village in rural India, Chaudhry’s early life was devoid of financial privilege. His journey to success began with a focus on academic excellence, driven by a desire to excel in engineering…
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BusinessEntrepreneurshipWiki

Gary Vaynerchuk Reflects on Missing Out on Uber’s Success: “I Had Two Early Chances to Invest and I Still Passed”

Gary Vaynerchuk, co-founder of Resy and CEO of Vaynerchuk Media, recently shared his regret about not investing in Uber during its early stages, a decision he considers one of his biggest investment mistakes. In a LinkedIn post last week, Vaynerchuk lamented passing on two opportunities to invest in Uber’s angel round when the company was valued at just $10 million. Today, Uber boasts a market…
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BusinessNews

Coca-Cola Beats Earnings Expectations, Raises Full-Year Outlook on Global Demand Surge

Coca-Cola exceeded earnings expectations for the second quarter and has raised its full-year outlook amid robust global demand for its beverages. The company now anticipates organic revenue growth of 9% to 10% for 2024, up from a previous forecast of 8% to 9%. Additionally, Coca-Cola has adjusted its comparable earnings growth projection to a range of 5% to 6%, compared to the earlier forecast of…
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BusinessNews

Byju’s Appeals Against Insolvency, Faces Crucial NCLAT Hearing Amid Financial Turmoil

Byju’s, India’s leading tech giant once valued at $22 billion, is navigating turbulent waters as it appeals against insolvency proceedings initiated by the Board of Control for Cricket in India (BCCI). The National Company Law Appellate Tribunal (NCLAT) in Chennai is scheduled to hear Byju’s appeal on July 29, marking a critical juncture in the company’s ongoing struggle to address…
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