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Detailed stories on technology startups, business and economic current affairs.
Last week, Larsen & Toubro chairman S. N. Subrahmanyan blamed welfare schemes for unavailability of labour. There are other factors in play too.

“Labour is not willing to move for opportunities... Maybe their local economy is doing well, maybe it is due to the various government schemes and direct benefit transfers available to them, but they are not willing to move.” This is what Larsen & Toubro (L&T) chairman S. N. Subrahmanyan said last week. Subrahmanyan is known to make outlandish remarks. Not long ago, he advocated for a 90-hour work week, including on Sundays. It created quite a stir where he became the subject of several online memes. Not surprisingly, his latest comment has also sparked a controversy. Except, it might have …
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
India’s second-largest brokerage by active clients wants to handle IPOs as a merchant banker. But gaining a foothold in the highly competitive sector is easier said than done.
Influence cannot be manufactured through diaspora networks, carefully branded events or political donations. It requires honesty and credibility.