1) Startup layoff saga
The year 2021 saw a funding peak for startups followed by a hiring spree and massive pay hikes. We also remember the flashy BMW bikes, swanky Dubai trips, and latest iPads on offer to attract the new talent. Come the first quarter of this financial year, more than 5,700 employees were laid off by major growth-stage startups in India. While layoffs are a part of a business cycle, the scale and how they’ve been carried out—over WhatsApp calls, without notice, and with pay cuts—are a cause of concern. For more
2) Puri taiyyari se
Virat Kohli, Anushka Sharma, Ranveer Singh, Amitabh Bachchan, and now Kartik Aryan have been the face of traditional apparel brand Manyavar in recent years. Ever wondered why we never hear about the man who started it all? Ravi Modi, the reclusive billionaire who built Vedanta Fashions Limited (house of Manyavar) into a ₹26,000 crore company, prefers the simple things in life. Here's your opportunity to get to know Ravi Modi: Debutante on the 2022 Forbes World's Billionaires List. For more
3) Flexibility at cost