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.from Tech-Economic Times https://ift.tt/XdmJZP4
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.from Tech-Economic Times https://ift.tt/XdmJZP4
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.from Tech-Economic Times https://ift.tt/agT6puv
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 Superstorefrom Tech-Economic Times https://ift.tt/S6VcT1h
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.from Tech-Economic Times https://ift.tt/7XY0g1u
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.from Tech-Economic Times https://ift.tt/zGEweVr
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.from Tech-Economic Times https://ift.tt/ITBhbM7
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.from Tech-Economic Times https://ift.tt/wT3MxVX
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