Nykaa CEO Falguni Nayar explains fashion foray; Tiger Global’s Scott Schleifer in India next week

Nayar spoke to us about the company’s journey towards a market listing, the massive swing from euphoria to caution for new-age tech stocks and Nykaa’s focus on its fashion and B2B businesses.

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Infosys to roll out 65% variable pay for Q2

Infosys employees will get 65% variable pay for the July-September quarter. This will be done in the November payroll cycle for all eligible employees, according to an internal mail.

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Did not enter fashion business to justify our valuation: Nykaa CEO Falguni Nayar

Omnichannel beauty retailer is working to turn in profits for Nykaa Fashion and its B2B distribution platform Superstore

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Tata to open 20 'beauty tech' outlets, in talks with foreign brands

The move pits Tata, whose interests range from cars to jewellery, against LVMH's Sephora and domestic rival Nykaa for a share of the fast-growing $16 billion beauty and personal care market in the world's second-most populous country.

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Twitter performing very slow in India, says Elon Musk

According to Musk, the same app - Twitter - in the US takes about 2 seconds to refresh, but nearly 20 seconds in India, due to bad batching/verbose comms and also because the actual useful data transferred is low.​​​

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New Data Bill draft to allow storage in trusted nations

Criminal penalties proposed on employees of companies involved in data breaches also will be scrapped in the new draft, which is likely to be released for public consultation this week.

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Amazon India likely to axe jobs amid global layoffs

The Jeff Bezos-founded tech major – which operates various businesses in India including ecommerce, data centre under Amazon Web Services, and Prime Video – is expected to let go 10,000 corporate and technology employees, as reported by global media on Monday.

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