From Sunil Vachani and Atul Lall's journey behind building Dixon Technologies to the season finale of Forbes India From the Field with Alyssa Healy, here are our top reads of the week
1) At your service
Chances are that the next time you eat out, you’ll end up with scrumptious food, but also dollops of confusion. Not over how you want your steak done, or how spicy your butter chicken should be, but over a set of guidelines that will most likely affect how much you should pay at the end of your meal. Earlier this week, the Central Consumer Protection Authority (CCPA) announced five guidelines for the service charge levied by restaurants and hotels. It was a follow-up to the promise made by the department of consumer affairs to come up with a “robust framework” to strengthen another set of guidelines it had rolled out in 2017 to govern the subject of service charges. With its July announcement, the pot that had been simmering for a few years has started to roil. Read more
2) The flagbearer
“Are you married?” was the first question. “What happens whenever you have kids?” “Why didn’t you opt for a male co-founder?” were the follow-up queries directed at Romita Mazumdar when she met with an angel investor to raise money for her fledgling direct-to-consumer skincare brand Foxtale, which was started in February 2021. Mazumdar, who had stints with Harbor Ridge Capital, Provident Healthcare Partners and Bank of America Merrill Lynch as an investment banker for three years and then joined A91 Partners as a venture capitalist (VC) in May 2019, was exasperated because of the sexist questions. In 2022, Mazumdar proudly flaunts her woman entrepreneur status. What changed? Read more