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Zomato's big-bang market debut mints 18 $ millionaires


Zomato s big-bang market debut mints 18 dollar millionaires
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Cofounder and chief executive Deepinder Goyal s 5.5% stake was worth Rs 4,650 crore at the close of trade.
ETtech
Zomato’s big-bang
public market debut on Friday has spawned about 18 dollar-millionaires.
Cofounder and chief executive Deepinder Goyal’s 5.5% stake, which included employee stock ownership plans (Esops), was worth Rs 4,650 crore ($624 million) at the close of trade.
Among other key executives, cofounder and chief technology officer Gunjan Patidar’s shares and Esops were cumulatively worth Rs 363 crore. Other top gainers included Mohit Gupta,
a cofounder and the head of new businesses at
Zomato, whose Esops were worth Rs 195 crore. ....

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Hiring for white collar jobs spikes 35% in Q1 of FY 2022 - The Hindu BusinessLine

Hiring for white collar jobs spikes 35% in Q1 of FY 2022 - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Startups withdraw internships offers to B-school students amid second wave of Covid-19


Startups withdraw internships offers to B-school students amid second wave of Covid-19
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From cybersecurity to business-to-business sales and mid-sized startups, companies across sectors have informed B-school placement cells that the internships are on hold or that they would not pay stipends
ETtech
“Sorry, your internship offer has been revoked due to Covid-19.”
First-year MBA students across IIMs – from Lucknow to Shillong - and other B-schools have taken to professional networking site LinkedIn to air their displeasure after companies revoked internship offers citing economic uncertainty following the Covid-19 second wave.
From cybersecurity to business-to-business sales and mid-sized startups, companies across sectors have informed B-school placement cells that the internships are on hold or that they would not pay stipends, at least a dozen MBA students told ET. ....

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/ Morning Dispatch
Maharashtra from today. We’re getting that 2020 feeling again.
Also in today’s letter:
Hiring puzzle for IPO-bound
Flipkart eyes Cleartrip for a bargain
Maharashtra bars non-essential e-commerce
E-commerce platforms will have to stop deliveries of non-essential goods in Maharashtra from 8:00 pm today, when the state government’s new 15-day curfew to tackle the surge in Covid-19 cases comes into effect.
The state said in its guidelines on Tuesday that e-commerce would be allowed “only for the supply of essential goods and services”.
Offline vs online: The restriction on e-commerce players comes days after offline traders, who have been forced to shut shop, threatened a statewide agitation if the government didn’t accede to their demand to restrict the sale of non-essential goods online. ....

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