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New Delhi, Youths should learn to balance hard work with a healthy diet, proper sleep and timely exercise, doctors said while cautioning that overwork is leading to early onset of lifestyle diseases. Some medical experts also said that a 70-hour-week regimen would be "far too ambitious," and urged team leaders at workplaces to divide work in an optimised manner among members and "not try to extract too much work from an individual", which often leads to physical or psychological burnout. Their comments come in the wake of Infosys co-founder <keyword id="6448574" type="General" weightage="20" keywordseo="n-r-narayana-murthy" source="Orion">N R Narayana Murthy</keyword> recently suggesting that young people should work <keyword id="19286531" type="General" weightage="20" keywordseo="70-hours-a-week" source="Orion">70 hours a week</keyword> to boost the country's productivity. Murthy's remarks were criticised on social media for allegedly promoting an 'overwork culture' by some, and praised by several others. Doctors in Delhi warned that overwork was leading to early onset of lifestyle diseases like diabetes and cervical spondylitis. Smoking, drinking and consumption of junk food at work or home are also adversely affecting their health, and compounding their health issues, they said. Dr Suranjit Chatterjee, senior consultant, internal medicine at Apollo Hospital in Delhi said, "Hard work doesn't mean you neglect or compromise your health. Hard work is fine, but a person should take care of one's health too while following their ambition. "So, it has to be balanced with a healthy diet, healthy lifestyle, proper sleep and timely exercise," he told PTI. The 70-hour-week regimen would be "far too ambitious, I feel, and 60 hours per week with a balanced and optimised lifestyle" should be the way forward, the doctor said. "Many people work hard and then resort to eating junk food or smoking at regular intervals, of course, having this myth that it is helping them de-stress, but it's not, it's only making their health even worse," Chatterjee said. Some resort to regular drinking and frequent parties, driven at times by the idea that 'I can afford it, so I will do it'. This attitude has to change if a person has to grow professionally without compromising one's health, he cautioned. Doctors at other government and private hospitals also warned about the consumption of junk food, at times for "snob value" at the workplace, which in turn leads to a "wrong ripple effect". Recreation is important, but it should be done after putting in hard work on working days, for both personal and professional growth in any organisation, the medical experts underlined. A senior doctor at Sir Ganga Ram Hospital said the OPD of internal medicine there is seeing a "paradigm shift" in the nature of patients visiting it. "We are seeing now more younger people than the elderly population who are coming to us with early onset of lifestyle diseases like diabetes. They are glued to their computer screens or mobile phones all the time, so they complain of pain in the eyes, neck pain, backache and many other issues," the doctor said. Consumption of junk food, lack of proper sleep, negligible or no exercise, coupled with the sedentary lifestyle at work, is making matters worse, he added. The senior doctor advised youths to balance ambition with a healthy diet and lifestyle, and not give in to any pressure from peers or otherwise. There have been many cases of physical or mental burnout and overwork is a major cause for that, he added. Ambition is good for work, good for the country, and a person can work for even 10 hours or so per day "while ensuring health is not compromised," Chatterjee said. In a conversation with former Infosys CFO Mohandas Pai in the inaugural episode of 3one4 Capital's podcast 'The Record,' Murthy had said that youngsters should put extra hours at work to compete with leading economies. "India's work productivity is one of the lowest in the world. Unless we improve our work productivity...we will not be able to compete with those countries that have made tremendous progress," he said, comparing India with China, Japan and Germany. "So, therefore, I request that our youngsters must say, 'This is my country. I'd like to work 70 hours a week," he added. Murthy's remarks have drawn mixed reactions on social media. Comedian and actor Vir Das wrote on X, "Life's hard. You meet a girl, fall in love, get married. Her dad wants you to work 70 hours a week. You can't work that hard, you just wanna chill and run England." Another user on X said "overwork" gave him stress and health complications. Bhavish Aggarwal, CEO, <keyword id="6362049" type="General" weightage="80" keywordseo="ola-cabs" source="Orion">Ola Cabs</keyword>, also posted, saying, "Totally agree with Mr Murthy's views. It's not our moment to work less and entertain ourselves. Rather it's our moment to go all in and build in one generation what other countries have built over many generations!"

A 70-hour-week regimen 'far too ambitious' say medical experts

Leading US asset manager <keyword id="174755" type="General" weightage="70" keywordseo="vanguard" source="Orion">Vanguard</keyword> has further slashed its holding in ride-hailing major <keyword id="6354720" type="General" weightage="100" keywordseo="ola" source="Orion">Ola</keyword> by more than half, which takes the Bhavish Aggarwal-run company's valuation down to nearly $3.5 billion from $7.3 billion at the end of 2021. According to a TechCrunch report, citing Vanguard's filings, the investment firm has cut the worth of its shares in Ani Technologies, Ola's holding firm, by 51.6%. "The asset manager marked down the holding of its Ola shares to $25 million, from the $51.7 million purchase price years ago, the filings showed," according to the report. Vanguard had valued its Ola's shares at about $33.8 million in February this year. In May, Vanguard had slashed Ola's valuation by 35% amid global macroeconomic conditions, reducing its valuation to about $4.8 billion. Ola has raised more than $3.9 billion over the years, according to public data. IPO-bound Ola Electric has also recorded an operating loss of $136 million (roughly Rs 1,116 crore) and revenue of $335 million (roughly Rs 2,750 crore), missing its revenue goal disclosed publicly. The company reported sales of over 1,50,000 electric scooters for FY23, according to a Reuters report. In the first two months of FY23, Ola Electric claimed to have surpassed Rs 500 crore in revenue and was on track to surpass $1 billion by year's end. In January, Ola laid off 200 employees from its <keyword id="6362049" type="General" weightage="80" keywordseo="ola-cabs" source="Orion">Ola Cabs</keyword>, Ola Electric and Ola Financial Services verticals as part of the "restructuring" exercise. Ola joins a growing list of Indian unicorns who have significantly lost their valuations. Invesco lowered Swiggy's valuation by almost half to $5.5 billion in earlier this year while leading US investment firm Fidelity reportedly slashed the estimated worth of its holding in homegrown conversational engagement platform Gupshup by over 20% in a month.

Ola's valuation slashed by more than half by Vanguard

Ride-hailing major <keyword id="6354720" type="General" weightage="100" keywordseo="ola" source="Orion">Ola</keyword> has started to lay off 200 employees from its <keyword id="6362049" type="General" weightage="50" keywordseo="ola-cabs" source="Orion">Ola Cabs</keyword>, Ola Electric and <keyword id="7306214" type="General" weightage="50" keywordseo="ola-financial-services" source="Orion">Ola Financial Services</keyword> verticals as part of the "restructuring" exercise. The layoffs, which were first announced in September last year, happened across the teams. The company told IANS that it is "centralising operations and is undertaking a restructuring exercise to minimise redundancy and build a strong lateral structure that strengthens relevant roles and functions". The layoffs constitute 10 per cent of its 2,000-strong engineer workforce "as part of a larger restructuring exercise towards its electric dream". "Currently, the company has around 2,000 engineers and aims to increase its engineering talent pool to 5,000 over the next 18 months," according to the ride-hailing company. The Bhavish Aggarwal-run company has nearly 1,100 employees in its core ride-hailing business. Earlier, restructuring exercises impacted employees across product, marketing, sales, supply, tech, business, and operations verticals at the company, affecting nearly 500 employees that "were a result of restructuring in the cars and dash businesses". The ride-hailing major last year shut down its used vehicle business <keyword id="3295694" type="General" weightage="50" keywordseo="ola-cars" source="Orion">Ola Cars</keyword>, as well as its quick-commerce business, <keyword id="13052888" type="General" weightage="50" keywordseo="ola-dash" source="Orion">Ola Dash</keyword>, as the company shifted to focus on its electric two-wheeler and car verticals. Ola said it plans to hire 5,000 engineers as it doubles down on new engineering verticals and strengthens capabilities across the vehicle, cell, battery, manufacturing and autonomous streams. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/fugitive-diamantaire-mehul-choksi-buying-protection-by-bribing-antigua-officials-says-an-expos-on-blogger/articleshow/96956166.cms">Fugitive diamantaire Mehul Choksi buying protection by bribing Antigua officials, says an exposé on Blogger</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/mobile/news/oneplus-11-5g-launch-event-how-to-buy-event-tickets-price-benefits-and-more/articleshow/96956696.cms">OnePlus 11 5G launch event – how to buy event tickets, price, benefits, and more</a>

Layoffs begin at Ola, 200 employees to be impacted by restructuring exercise

Ride-hailing major <keyword id="6354720" type="General" weightage="100" keywordseo="ola" source="Orion">Ola</keyword> on Monday clarified that nearly 200 engineers, including some in the software vertical, have been asked to go from its 2,000-strong engineer workforce -- 10 per cent of the headcount -- as part of a larger restructuring exercise towards its electric dream. The company denied sacking 500 employees, adding that it is "centralising operations and is undertaking a restructuring exercise to minimise redundancy and build a strong lateral structure that strengthens relevant roles and functions". CNBC first reported that nearly 500 employees are being laid off from the various software verticals of <keyword id="21936" type="General" weightage="50" keywordseo="ani" source="Orion">ANI</keyword> technologies which operates as <keyword id="6362049" type="General" weightage="50" keywordseo="ola-cabs" source="Orion">Ola Cabs</keyword>. "The company currently has around 2,000 engineers and aims to increase its engineering talent pool to 5,000 over the next 18 months," said the ride-hailing company. The Bhavish Aggarwal-run company has nearly 1,100 employees in its core ride-hailing business. Earlier restructuring exercises impacted employees across product, marketing, sales, supply, tech, business, and operations verticals at the company, affecting nearly 500 employees that "were a result of restructuring in the Cars and Dash businesses". The ride-hailing major recently shut down its used vehicle business <keyword id="3295694" type="General" weightage="50" keywordseo="ola-cars" source="Orion">Ola Cars</keyword>, as well as its quick-commerce business, <keyword id="13052888" type="General" weightage="50" keywordseo="ola-dash" source="Orion">Ola Dash</keyword>, as the company shifted focus on its electric two-wheeler and car verticals. Ola said it plans to hire 5,000 engineers as it doubles down on new engineering verticals and strengthens capabilities across vehicle, cell, battery, manufacturing and autonomous streams. However, <keyword id="4393078" type="General" weightage="50" keywordseo="ola-electric" source="Orion">Ola Electric</keyword>'s sales are diminishing and it sold 3,421 EV two-wheelers in August, a drop from 3,862 units the company sold in July. More than half a dozen senior executives have quit Ola Electric in recent months while over 30 senior executives have left Ola in the past two years. Recently, Ola Electric's head of advanced battery engineering, Ashok Saraswat, moved on. Saraswat, who joined SoftBank-backed Ola last year, is reportedly joining a company that is entering the battery business. As EV two-wheeler sales drop amid battery fire fears, Okinawa Autotech, PureEV and Ola Electric recalled 6,656 vehicles after the battery explosion incidents increased in the country. The government has said it is extra vigilant about the safety standards of EVs and experts are on the job. SEE ALSO : <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/ev-battery-can-charge-in-three-minutes-a-harvard-backed-company-claimed/articleshow/94295446.cms">Harvard-backed company makes an EV battery that fully charges in three minutes</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/ola-laying-off-500-employees-from-its-software-verticals-report/articleshow/94294728.cms">Ola laying off 500 employees from its software verticals: Report</a>

Laying off 200 engineers to 'centralise' operations, clarifies Ola

<ul><li>Ola and Uber asked to showcase their algorithms related to ride cancellations and surge pricing.</li><li>Order came after CCPA received numerous complaints of unfair trading practices.</li><li>According to a survey by LocalCircles, 71% of customers continue to face ride cancellation issues.</li></ul>As thousands of commuters find themselves at the mercy of Uber and Ola drivers via ride cancellations, cancellation charges, random surge pricing and long waiting times, the Central Consumer Protection Authority (CCPA) was set to grill cab aggregators over their algorithms on Tuesday. The regulator, under its Chief Commissioner Nidhi Khare, was set to ask cab-hailing platforms to showcase their algorithms related to ride cancellations and surge pricing, along with questioning them over other issues. The CCPA has received numerous complaints of unfair trading practices, such as cab drivers forcing riders to cancel trips that result in the customers paying the cancellation charge. The authority is of the view that old customers are being charged exorbitant rates while new riders are being wooed by low fares for the same distance. Despite the Motor Vehicle Aggregator Guidelines 2020, 71 per cent customers say that ride cancellation issues by drivers continue, according to a survey by community-based social media platform LocalCircles last month. Over 45 per cent of app-based taxi consumers stated they were charged more than 1.5 times in surge pricing despite the threshold being set by the Motor Vehicle Aggregator Guidelines 2020. The extortionist practices of some drivers to undertake private trips were reported by consumers as a major concern, the report said. As thousands of Indian riders continue to suffer from paying cancellation fees sans their faults, the ride-hailing major in Australia admitted that it made false or misleading statements in cancellation warning messages and taxi fare estimates, according to the Australian Competition and Consumer Commission (ACCC). Uber now faces $26 million (Australian dollars) in penalties for adopting those illegal practices. More than two million Australian consumers were shown the misleading cancellation warning. Envisioned to lessen the travel woes, cab-hailing platforms like Uber and Ola have come a long distance in India, but riders are increasingly facing more issues. Most of the time, Uber and Ola drivers ask the riders to reveal what fare the Uber app is showing, and then decide if they want to take the ride or not depending on the amount and if it is in cash, forcing the riders to cancel the ride. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/10-things-in-tech-its-about-to-get-ugly/articleshow/91440115.cms">10 Things in Tech: It's about to get ugly</a> <a href="https://www.businessinsider.in/tech/news/meditation-app-calm-launched-a-contest-to-find-tiktoks-smoothest-voice-the-winner-will-be-paid-5000-to-narrate-a-story/articleshow/91441165.cms">Meditation app Calm launched a contest to find TikTok's 'smoothest voice' – the winner will be paid $5,000 to narrate a story</a>

Indian regulator to grill Ola and Uber over rising customer complaints

Ride-hailing major <keyword id="6354720" type="UNKNOWN" weightage="20" keywordseo="ola">Ola</keyword> on Monday announced its strategic partnership with <keyword id="6357886" type="UNKNOWN" weightage="20" keywordseo="phonepe">PhonePe</keyword> to enhance its digital payments experience for its customers. Ola users can now access experience on the Ola app. Currently, the feature has been rolled out on Android and will be available on iOS soon. "As PhonePe continues to drive digital payment adoption across the country, we are excited to partner with them to drive this seismic change that will enable us to move a step closer to becoming a Digital India," Anand Subramanian, Spokesperson at Ola, said in a statement. This partnership will also enable PhonePe to offer their services to millions of customers on the Ola platform. "We are excited to partner with Ola, India's leading mobility services provider, to enable a seamless and convenient payment experience for our customers," added Ankit Gaur, Director, Business Development at PhonePe. As part of an introductory offer, customers can avail up to Rs 200 in cashback on the first two rides when paid using PhonePe, said Ola.

You can now pay for your Ola rides using PhonePe

<ul><li><keyword id="10177413" type="COMPANY" weightage="20" keywordseo="the-khichdi-experiment">The Khichdi Experiment</keyword> by Ola Foods is one of the fastest growing brands.</li><li>The cloud kitchen brand has already crossed the landmark figure of 1 million+ orders.</li><li> Through KPL, Ola’s Khichdi Experiment continues to share the success story of the brand and advocates the melange of Cricket and Food strongly.</li></ul>The Khichdi Experiment by Ola Foods, the food-first company and a part of Ola – steps up the excitement of this ongoing IPL season with its signature Khichdi variants along with catchy anthems for each of the eight IPL teams under the new campaign <keyword id="10177414" type="COMPANY" weightage="20" keywordseo="khichdi-premiere-league">Khichdi Premiere League</keyword> 2020. The campaign aims to uphold the spirit of cricket and take the whole match-day snacking experience to a new level. With revivification in progress, in the Covid times, the Cricket world in India is enjoying the 13th season of <keyword id="1219822" type="COMPANY" weightage="20" keywordseo="The-Indian-Premier-League">the Indian Premier League</keyword> that is being played away from the shores of the nation, in the UAE. While the match-watching experience has been restricted owing to the social distancing norms, the IPL fever remains the same and the fans never fail to celebrate the potpourri of Cricket and Food. Interestingly, as people have adjusted to the new way of enjoying the match from the comfort of their homes, by offering food that is wholesome, exciting and adding on to tadka of supporting the team spirit, one can take the whole IPL experience to a new level. Every khichdi is unique in its ingredients and taste, therefore embodying the regional flavours of the state that these teams represent. From RCB’s Bisi Bele Bath to KKR’s Bengali Panch Phoran Khichdi, the KPL offers an exciting array of Khichdi variants infused with the modern twist of flavours and the excitement of Cricket. Few other notable variants includes a modern fusion such as Mumbai Indian’s Pav Bhaji Khichdi, Rajasthan Royal’s Leshun Aur Hare Pyaaz Ki Khichdi, CSK’s Sambar Khichdi, Sunrisers Hyderabad’s Khatte Dal Ki Khichdi and KXIP &amp; Delhi Capital’s Langarwali and Tadkewali Khichdi respectively. As part of this campaign, Ola Foods has also customized and curated catchy anthems for the Khichdi variant of every IPL team. Tune in to the KPL anthem and indulge in a ride of flavours supporting your team on a match day with your bowl of Khichdi. Khichdi Experiment has also launched a social media campaign ‘Apna Game, Apni Khichdi’, which is currently underway and includes fun filled engagements such as a series of contests to keep the conversation brewing between Food and Cricket. Users are creating their own videos using the khichdi anthems to show support to their favourite team. Social media is abuzz with rap karaoke, dance steps and lip sync videos featuring the team’s khichdi anthems. As India watches this IPL season from the comfort of their living room, Khichdi Experiment by Ola Foods is adding to the much needed excitement with KPL. The Khichdi Experiment by Ola Foods is one of the fastest growing brands and is the category leader in the segment. The cloud kitchen brand has already crossed the landmark figure of 1 million+ orders and is consistently rated high by consumers across all food delivery platforms. Through KPL, Ola’s Khichdi Experiment continues to share the success story of the brand and advocates the melange of Cricket and Food strongly. <div type="Youtube" id="hG9TUQTzBfI" title="Khichdi Premier League | Bengaluru Anthem" thumbUrl="https://i.ytimg.com/vi/hG9TUQTzBfI/mqdefault.jpg"></div> <div type="Youtube" id="EcoA47BSePQ" title="Khichdi Premier League | Chennai Anthem" thumbUrl="https://i.ytimg.com/vi/EcoA47BSePQ/mqdefault.jpg"></div> <div type="Youtube" id="FFXgWGCURbQ" title="Khichdi Premier League | Punjab Anthem" thumbUrl="https://i.ytimg.com/vi/FFXgWGCURbQ/mqdefault.jpg"></div> <div type="Youtube" id="e469cQZWQAY" title="Khichdi Premier League | Delhi Anthem" thumbUrl="https://i.ytimg.com/vi/e469cQZWQAY/mqdefault.jpg"></div>

Ola Food launches Khichdi Premier League to bring India's love for comfort food and cricket together

<ul><li>The feature has been rolled out to all <keyword id="6354720" type="UNKNOWN" weightage="20" keywordseo="ola">Ola</keyword> users across India, Australia, New Zealand and the UK in a bid to help the company's over 2.5 million global driver community, Ola said, adding that the drivers will retain 100 per cent of the tip.</li><li>The cashless tipping feature will appear in the final step of the payment phase and will allow customers to select a fixed or customised amount that will translate to higher earning potential for these drivers.</li></ul> Ride-hailing major Ola on Tuesday rolled out new cashless 'tipping functionality that enables customers to voluntarily reward drivers for going the extra mile to deliver a safe ride experience amid the Covid-19 pandemic. The feature has been rolled out to all Ola users across India, Australia, New Zealand and the UK in a bid to help the company's over 2.5 million global driver community, Ola said, adding that the drivers will retain 100 per cent of the tip. "Since the beginning of the pandemic, our driver-partners worked tirelessly to enable essential travel for all those in need, despite facing their own challenges," Ola spokesperson <keyword id="1030402" type="PERSON" weightage="20" keywordseo="Anand-Subramanian">Anand Subramanian</keyword> said in a statement. "As services resume, they continue to personally invest in ensuring the safety of their customers and deliver a comfortable ride experience. Linking rewards to higher-quality services, we invite our customers to join us in sharing our appreciation and supporting them during these trying times." Starting Tuesday, the cashless tipping feature will appear in the final step of the payment phase and will allow customers to select a fixed or customised amount that will translate to higher earning potential for these drivers. Driving awareness around this, Ola has also launched a social media campaign, #SayThanksWithATip, which seeks to recognise and reward those drivers who have gone above and beyond the call of duty to deliver a great ride experience while drawing a spotlight on their efforts.

You Searched For "Ola cab" and got 8 results

A 70-hour-week regimen 'far too ambitious' say medical experts

PTI

Ola's valuation slashed by more than half by Vanguard

IANS

Layoffs begin at Ola, 200 employees to be impacted by restructuring exercise

IANS

Laying off 200 engineers to 'centralise' operations, clarifies Ola

IANS

Indian regulator to grill Ola and Uber over rising customer complaints

IANS

You can now pay for your Ola rides using PhonePe

IANS

Ola Food launches Khichdi Premier League to bring India's love for comfort food and cricket together

BI India Partner

Ola introduces in-app 'tipping' facility globally

IANS

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