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<ul><li><a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink">Global Trends Festival</a> is one of the world's most prestigious events which will be live from Oct 19-23.</li><li>While nobel laureates, some of the biggest political and corporate icons will provide thought leadership, it's a great platform to network with CXOs from around the world.</li><li><a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink">Global Trends Festival 2020</a> is presented by <a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink"></a><a href="https://aws.amazon.com/" data-type="tilCustomLink">AWS</a>.</li><li>Get your tickets now from <a href="https://in.bookmyshow.com/events/business-insider-global-trends-festival/ET00137578" data-type="tilCustomLink">BookMyShow</a>.</li></ul> A 13-year-old Ritesh Agarwal sold mobile SIM cards at his <a href="https://www.thegeniusworks.com/2020/05/the-rise-of-oyo-the-worlds-fastest-growing-hospitality-brand-from-india-offering-tasteful-spaces-whenever-you-need-them-at-unbeatable-prices/#:~:text=At%20the%20age%20of%2013,college%2C%20but%20soon%20dropped%20out.&amp;text=In%202018%2D19%20OYO%20raised,billion%20through%20Agarwal's%20own%20investments.">small town of Odisha</a>, Titilagarh. Six years later, in 2013, Ritesh Agarwal came up with a digital solution to integrate unbranded hotels, homes, and living spaces, which many called AirBnB with a twist. Today, the $10 billion startup, OYO, is a household name in India and one of the world’s largest hotel chains. And, the 27-year old Agarwal is one of the youngest billionaires in the world. Agarwal, the early bird, is reaping the benefits of embracing technology early, and wants to share his convictions about the power of technology at <a href="http://trendsfestival.in/" data-type="tilCustomLink">Business Insider Global Trends Festival 2020</a>. The pandemic is testing OYO’s mettle and Agarwal’s survival instincts In the last seven years, OYO has grown in leaps and bounds. It has over a million rooms in India, with their lease and franchise model. It has also expanded to China, US and Europe. The next phase was an aggressive growth strategy including takeovers and acquisitions including Leisure group, a rental company in Europe and Las Vegas Hooters property in the US. However, like anyone in the hospitality business will tell you, the COVID-19 pandemic has forced a reset. The backing from Softbank will be useful but recovering from the nearly-fatal blow of the pandemic will need more than just money. Does Agarwal have another secret key to success? Don’t miss the <a href="http://trendsfestival.in/" data-type="tilCustomLink">Global Trends Festival 2020</a>. SEE ALSO: <a href="https://www.businessinsider.in/business/news/dont-miss-ajay-piramal-chairman-piramal-group-a-master-deal-maker-with-business-in-30-countries-at-the-global-trends-festival-2020/articleshow/78054719.cms" data-type="tilCustomLink">Don’t miss Ajay Piramal, a master deal maker with business in 30 countries, at the Global Trends Festival 2020</a> <a href="https://www.businessinsider.in/business/news/deepak-parekh-chairman-hdfc-a-legend-from-indias-financial-capital-at-global-trends-festival-2020/articleshow/78012923.cms" data-type="tilCustomLink">Deepak Parekh, a legend from India’s financial capital, must be on your watchlist at Global Trends Festival 2020</a> <a href="https://www.businessinsider.in/business/news/benefits-and-extra-attractions-for-the-attendees-of-the-business-insider-global-trends-festival/articleshow/78037583.cms" data-type="tilCustomLink">Benefits and extra attractions for the attendees of the Business Insider Global Trends Festival</a>

Watch out for OYO’s billionaire founder Ritesh Agarwal talking tech at Global Trends Festival 2020

Online learning platform <keyword id="6630114" type="UNKNOWN" weightage="20" keywordseo="unacademy">Unacademy</keyword> is now valued at $3.44 billion after the latest round of fundraising, where it got investments to the tune of $440 million. Over the last 18 months, the valuation of the <keyword id="9578177" type="UNKNOWN" weightage="20" keywordseo="unacademy-group">Unacademy Group</keyword> has risen almost 10 times, the company reportedly said in a statement. This was the Series H round of funding for Unacademy where Aroa Ventures, the family office of hotel chain <keyword id="2808667" type="PERSON" weightage="20" keywordseo="OYO">OYO</keyword>’s Founder Ritesh Agarwal, and Deepinder Goyal, Co-Founder and CEO at Zomato, participated. Some angel investors of Unacademy have exited in this round. Aside from these, existing investors like General Atlantic, Tiger Global and <keyword id="3749718" type="PERSON" weightage="20" keywordseo="softbank-vision-fund">Softbank Vision Fund</keyword> put in more money.This is the second investment by Tiger Global, and General Atlantic who increased their stake in Unacademy in January this year. The different shades of India’s booming edtech The six-year old startup founded by Gaurav Munjal, Hemesh Singh and Roman Saini, Unacademy has a growing network of more than 50,000 registered educators and over 62 million learners, in 14 Indian languages across 5,000 cities. Unacademy is known for its offerings that help students prepare for competitive exams and it has been one of the biggest beneficiaries of the shift to online learning. Unacademy differentiates itself from Byju’s, which relies on pre-recorded content, and Vedantu that is known for its live-tutoring. India’s edtech industry, which had an annual revenue pool of $700 million at the end of March 2020, saw its business double in the following year due to the pandemic, according to data from Goldman Sachs. The global investment bank expects the entire edtech space to be worth $30 billion dollars by March 2024 as Indians spend the most on education, as a proportion of household consumption, after China. Unacademy has been acquiring other startups amidst an edtech boom Late last month, Unacademy announced that it has acquired game streaming platform <keyword id="11725251" type="UNKNOWN" weightage="20" keywordseo="Rheo-TV">Rheo TV</keyword>. Rheo TV is a platform that helps professional game streamers livestream their gameplays and monetise those feeds. In February, Unacademy acquired TapChief, a professional networking and "future-of-work" platform, at a valuation of ₹100 crore. SEE ALSO: <a href="https://www.businessinsider.in/business/news/byjus-last-two-acquisitions-and-a-deal-with-disney-reveal-its-american-dream/articleshow/84783749.cms">Byju's last two acquisitions and a deal with Disney reveal its American dream ⁠— one that is anchored in India</a> <a href="https://www.businessinsider.in/personal-finance/news/six-red-flags-for-investors-to-avoid-becoming-a-victim-of-misselling-by-agents-or-financial-advisors/slidelist/84782913.cms">Six red flags for investors to avoid becoming a victim of misselling by agents or financial advisors</a>

The founders of OYO and Zomato pump in money to make edtech startup Unacademy worth $3.4 billion ⁠— a ten fold jump in 18 months

<ul><li>The <keyword id="6356311" type="COMPANY" weightage="20" keywordseo="World-Health-Organisation">World Health Organisation</keyword> (WHO) declared <keyword id="1754604" type="PERSON" weightage="20" keywordseo="coronavirus">coronavirus</keyword> as a public health emergency as the number of infected cases continue to rise. </li><li>The disease affects <keyword id="6354774" type="ORGANIZATION" weightage="20" keywordseo="Mental-health">mental health</keyword> of people as they follow social distancing and other precautionary measures. </li><li>To overcome this anxiety, WHO and local governments have suggested ways to cope up with the pandemic.</li></ul>The World Health Organisation (WHO) declared coronavirus as a public health emergency of international level as the number of infected cases continue to rise. The spread of the disease has shaken the economy, disrupted routines, and is causing stress and anxiety. As many as 7,000 people have lost their lives to the novel coronavirus so far — including three in India. As the government intends to control it, people started to practice social distancing leading to psychological distress. Seek information updates once or twice a day <div type="image" title="c" msid="74683659" hostid="261"></div>

 WHO defines mental health as a state of well-being where the individual realizes his or her own potential, can cope with the normal stresses of life and remain productive. However, the constant stream of reports around the outbreak may cause anxiety and distress. To overcome this, <a href="https://www.who.int/docs/default-source/coronaviruse/mental-health-considerations.pdf?sfvrsn=6d3578af_2">WHO suggests </a>that information updates should be checked once or twice a day only. “Avoid watching, reading or listening to news that cause you to feel anxious or distressed; seek information mainly to take practical steps to prepare your plans and protect yourself and loved ones,” it said. Alcohol and other drugs <div type="image" title="alcohol-428392_1920" msid="74683680" hostid="261"></div>

 In addition, employing healthy and basic coping mechanisms like eating sufficiently, engaging in physical activity and working in shifts can also help. “Avoid using unhelpful coping strategies such as tobacco, alcohol or other drugs. In the long term, these can worsen your mental and physical wellbeing. This is a unique and unprecedented scenario for many workers, particularly if they have not been involved in similar responses. The strategies to benefit feelings of stress are the same, even if the scenario is different,” the WHO guidelines said. The health regulator also recommends voicing positive stories of those who recovered. Digital means of contact Many companies asked employees to work from home and restrict travel. This accelerated the demand for video conferencing platforms. In fact, the shares of Zoom video and Skype soared while the rest of the market has been plummeting for weeks now. WHO advises to stay in contact with the closed ones via digital technologies too, so as to maintain contact. <div type="twitter" handle="WHO" handlename="World Health Organization (WHO)" image="http://pbs.twimg.com/profile_images/875476478988886016/_l61qZdR_normal.jpg" favoritecount="1073" retweetcount="696" status="&quot;This is the defining global health crisis of our time. The days, weeks and months ahead will be a test of our re… https://t.co/GKnlIFjd5d" createdat="1584374845000" id="1239584060810440708"></div>

 “Turn to your colleagues, your manager or other trusted persons for social support- your colleagues may be having similar experiences to you. Use understandable ways to share messages with people with intellectual, cognitive and psychosocial disabilities. Forms of communication that do not rely solely on written information should be utilized If you are a team leader or manager in a health facility,” said WHO. Exam stress among students <div type="image" title="Dhanbad: School students wear masks as a preventive measure against coronavirus ..." msid="74683689" hostid="261" caption="&amp;lt;p&amp;gt;School students wear masks as a preventive measure against coronavirus after appearing in 10th board examination, at a school in Dhanbad.Photo)(&amp;lt;/p&amp;gt;"></div>

 The students are facing unexpected school closures and assessments in the wake of coronavirus. All of this is adding to the mental stress of students. “Today, mental health has become a big issue worldwide. If you’re planning your life and the exams get postponed by, say a month — that is a setback. The students get stressed waiting the entire year for exams, so when it is deferred it is actually not a relief, it is more stress until it happens,” <keyword id="25725" type="PERSON" weightage="20" keywordseo="Ronnie-Screwvala">Ronnie Screwvala</keyword>, co-founder and chairman of upGrad told Business Insider in an earlier interview. “Help children find positive ways to express disturbing feelings such as fear and sadness. Sometimes engaging in a creative activity, such as playing, and drawing can facilitate this process.” WHO said. Moreover, competitive exams are an added stress to the students appearing for board exams this year. As students compete with a large number of aspirants for engineering and medical entrances, the fear of rejection is high. “Often it is seen that students think a 10 CGPA in board examination is sufficient to secure a good rank in JEE whereas both are different ball games. So, setting a goal based on performance in another exam can lead to disappointment, thereby causing stress or anxiety among students,” said Partha Halder, Centre Head, FIITJEE, Delhi. See also: <a href="https://www.businessinsider.in/business/startups/news/ritesh-agarwal-ready-to-offer-oyo-rooms-as-quarantine-centres-as-coronavirus-spreads/articleshow/74665964.cms">Ritesh Agarwal ready to offer OYO rooms as quarantine centres as Coronavirus spreads</a> <a href="https://www.businessinsider.in/india/news/coronavirus-infection-cases-in-india/articleshow/74667109.cms">Coronavirus: Number of cases in India stands at 140; 13 cured and three dead</a>

Here is how you can fight fear, loathing and loneliness in the wake of Coronavirus

<ul><li><a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink">Global Trends Festival</a> is one of the world's most prestigious events which will be live from Oct 19-23.</li><li>While nobel laureates, some of the biggest political and corporate icons will provide thought leadership, it's a great platform to network with CXOs from around the world.</li><li><a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink">Global Trends Festival 2020</a> is presented by <a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink"></a><a href="https://aws.amazon.com/" data-type="tilCustomLink">AWS</a>.</li><li>Get your tickets now from <a href="https://in.bookmyshow.com/events/business-insider-global-trends-festival/ET00137578" data-type="tilCustomLink">BookMyShow</a>.</li></ul> With over 5.5 million subscribers on Youtube and 2.6 million Instagram followers, this internet sensation has warmed her way into our hearts with her classic and relatable comic sketches. <keyword id="3703117" type="PERSON" weightage="20" keywordseo="prajakta-koli">Prajakta Koli</keyword>, also known as MostlySane is one of India’s leading content creators. In 2015, a 22-year-old girl showed India’s cultural and linguistic diversity using the most spoken language in our country, Hindi. Her quirky video was on ten words (in Hindi, no doubt) that Delhiites use and how it would shock Mumbaikars. One of the words is sandasi, in the north refers to the kitchen tool (pincer) used to hold hot vessels. But, in Mumbai, it’s used to describe a commode. Needless to say, it went viral, and Prajakta Koli, who was a Radio Jockey (RJ) then, quit to become a professional YouTuber. From a RJ to becoming a social media sensation This young trailblazer is also known for her campaigns on youth-centric issues. She has been invited by the Obama Foundation to raise awareness on social campaigns, including the importance of girl education. Fondly dubbed as the Queen of content, her journey started while she was doing the job she always dreamed of, radio jockeying. However, she soon realized that it lacked facetime and did not compliment her many talents as a performer. And serendipity played its part. While making an Instagram video, she was spotted by the VP of One Digital Entertainment, who convinced her to start her own YouTube channel, MostlySane. And as they say, the rest is history and a lot of hard work. She gained over a million followers in no time and has also done some collaborations on Girlyaapa with PA Girls the web series. She is a celebrity in her own right, and what sets her apart is how she approaches and produces her content. Koli believes that videos' format should be simple without using fancy cameras and remain grounded. At the Global Trends festival, the influencer will share the stage with Farid Ahsan, the co-founder of ShareChat and Kavin Mittal, the CEO of Hike Messenger, on bringing the next 200 million Indians to shop online. After all, Koli knows the pulse of many young Indians and what they want. SEE ALSO: <a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink"></a><a href="https://www.businessinsider.in/business/news/watch-ubers-apac-head-pradeep-parameswaran-open-up-about-sustainable-mobility-for-all-at-the-global-trends-festival-2020/articleshow/78493912.cms" data-type="tilCustomLink">Watch Uber’s APAC head Pradeep Parameswaran open up about sustainable mobility for all at the Global Trends Festival 2020</a> <a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink"></a><a href="https://www.businessinsider.in/business/news/sadhguru-jaggi-vasudev-at-global-trends-festival-2020-simplifying-sustainability/articleshow/78271251.cms" data-type="tilCustomLink">Sadhguru at Global Trends Festival 2020: Simplifying Sustainability</a> <a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink"></a><a href="https://www.businessinsider.in/business/news/watch-out-for-oyos-billionaire-founder-ritesh-agarwal-talking-tech-at-global-trends-festival-2020/articleshow/78141486.cms" data-type="tilCustomLink">Watch out for OYO’s billionaire founder Ritesh Agarwal talking tech at Global Trends Festival 2020</a>

Watch out for Prajakta Koli, the social media queen at the Global Trends Festival 2020

<ul><li><a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink">Global Trends Festival</a> is one of the world's most prestigious events which will be live from Oct 19-23.</li><li>While nobel laureates, some of the biggest political and corporate icons will provide thought leadership, it's a great platform to network with CXOs from around the world.</li><li><a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink">Global Trends Festival 2020</a> is presented by <a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink"></a><a href="https://aws.amazon.com/" data-type="tilCustomLink">AWS</a>.</li><li>Get your tickets now from <a href="https://in.bookmyshow.com/events/business-insider-global-trends-festival/ET00137578" data-type="tilCustomLink">BookMyShow</a>.</li></ul> Conversations about sustainability aren’t complete without addressing mobility. The fight against climate change on one hand and rapid urbanisation on the other, topped up with the challenges thrown by COVID, there are many lessons to be learnt from experiences in different countries. And who better to ask than Pradeep Parameswaran, the man who has been battling changes across the Asia-Pacific (APAC) region for one of the world’s largest ride hailing apps, Uber. Parameswaran has been spearheading many innovations including bringing in more electrical vehicles to tackle pollution and congestion in a market like India. After the lockdown forced many Indians to stay indoors, the cab aggregator, like many others, was greatly affected. However, it also stayed true to its core of mobility and innovation and quickly extended Uber Medic service for frontline workers. It also launched Uber Connect to help move essential goods when people were stuck at homes in want of basic needs. Quick pivots are not new for the Jamnalal Bajaj alumnus. Even at his earlier jobs, either as the CEO of DEN Networks or technology leader and partner at consultant McKinsey, he has always been advocating the role of technology in solving problems. Apart from mentoring and advising tech majors and startups alike, Parameswaran is also an active investor in startups. Parameswaran also believes in the transformational power that technology can play in emerging markets. In his current role too, he has been actively bringing many changes to Uber’s offerings in India which is a ‘low fare market’ with hyperlocal solutions. Since then, Uber in India has expanded to autos, bikes, partnered with public transportation to aid multimodal commuting and going electric – while it has sold its food delivery business to Zomato and picked up an almost 10% stake in the latter. Uber’s project of providing low-cost transportation that causes little damage to the environment has caught the fancy of many. At the Global Trends festival, Parameswaran will speak on sustainability and its renewed importance in a post-pandemic world. SEE ALSO: <a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink"></a><a href="https://www.businessinsider.in/international/news/sebastian-thrun-to-speak-at-the-business-insider-global-trends-festival-2020/articleshow/78432049.cms" data-type="tilCustomLink">Sebastian Thrun to speak at the Business Insider Global Trends Festival 2020</a> <a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink"></a><a href="https://www.businessinsider.in/business/news/watch-out-for-oyos-billionaire-founder-ritesh-agarwal-talking-tech-at-global-trends-festival-2020/articleshow/78141486.cms" data-type="tilCustomLink">Watch out for OYO’s billionaire founder Ritesh Agarwal talking tech at Global Trends Festival 2020</a> <a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink"></a><a href="https://www.businessinsider.in/business/news/sadhguru-jaggi-vasudev-at-global-trends-festival-2020-simplifying-sustainability/articleshow/78271251.cms" data-type="tilCustomLink">Sadhguru at Global Trends Festival 2020: Simplifying Sustainability</a>

Watch Uber’s APAC head Pradeep Parameswaran open up about sustainable mobility for all at the Global Trends Festival 2020

<ul><li><a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink">Global Trends Festival</a> is one of the world's most prestigious events which will be live from Oct 19-23.</li><li>While nobel laureates, some of the biggest political and corporate icons will provide thought leadership, it's a great platform to network with CXOs from around the world.</li><li><a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink">Global Trends Festival 2020</a> is presented by <a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink"></a><a href="https://aws.amazon.com/" data-type="tilCustomLink">AWS</a>.</li><li>Get your tickets now from <a href="https://in.bookmyshow.com/events/business-insider-global-trends-festival/ET00137578" data-type="tilCustomLink">BookMyShow</a>.</li></ul> The only thing we can be sure of in the future is crises - claims economist Nassim <keyword id="1113968" type="PERSON" weightage="20" keywordseo="Nicholas-Taleb">Nicholas Taleb</keyword>. In his opinion, the world has no way of becoming immune to everything, but the turbulence can become our strength. <ul><li>A “Black Swan” cannot be predicted, because it is not possible to “manage risk” fully. </li><li>The American market theorist, investor and philosopher explains how to benefit from the Black Swans.</li></ul>Nassim Nicholas Taleb is an American economist, philosopher and trader of Lebanese origin. In his academic work, he focuses on issues connected with probability, randomness and uncertainty. He is a professor at the University of New York and author of bestsellers: “The Black Swan. The Impact of Highly Improbable", and “Antifragile. Things That Gain From Disorder". The Sunday Times has chosen “The Black Swan” as one of the 12 most important books published after World War II. Living with the “Black Swan” "What I call the Black Swan (written in capital letters) is an event with the following three characteristics. Firstly, it is unusual because it goes beyond the domain of our usual expectations, as no element of the past clearly indicates its possible occurrence. Secondly, it has a drastic impact on reality (as opposed to a bird with an unusual plumage). Thirdly, despite the lack of typicality of this event, our nature forces us to seek a justification for its occurrence after the fact in order to make it explainable and predictable," writes Nassim Nicholas Taleb in his book. According to the economist, societies are not able to react well to the Black Swans because they focus too much on the past and look for the error they have made. However, it is only after the fact that we realise that such events could have been foreseen. Taleb points out that the crux of the matter is that a “Black Swan” cannot be predicted, because it is not possible to “manage risk” fully. In his opinion, we should realise that they do exist, rather than playing soothsayers. The author of the bestseller indicates that any “risk management” is wrong, because it assumes certain models, certain averages, and it is wrong to think that tomorrow will be the same as today. So what should we do? Taleb indicates that once in a while we will have to deal with something that is going to turn the life of our society upside down. We can only try to do our best every day and be reasonably resilient to this type of tragedy. If a Black Swan comes, this preparation will allow us to act much more effectively. "There are many possibilities, it is enough to focus on the anti-knowledge, which is what we do not know. For example, we can learn to benefit from the Black Swans (with their positive effects) by maximising our exposure to such events. In fact, in some areas - such as scientific discoveries and venture capital investments - what is unknown brings disproportionately higher returns, because in the case of rare events, we usually have little to lose and much to gain,” writes Nassim Nicholas Taleb. He also warns against drawing conclusions from the past too hastily and relying on historical data to predict the future. The guest of the <keyword id="9732021" type="UNKNOWN" weightage="20" keywordseo="business-insider-global-trends-festival">Business Insider Global Trends Festival</keyword> writes that if we are not able to “calculate” the risk, we often disregard it altogether, relying on already known models that give us a sense of certainty. "Antifragility" Another well-known publication by Nassim Taleb is “Antifragile. Things That Gain From Disorder". The author argues that some things are served well by shocks because they develop and flourish under the influence of changeability and stress. He cites in his book a model example of exercise in a gym. Muscles are subjected to effort and stress, but the effect can be impressive and beneficial to health. Taleb transfers this example to organisations and companies. When a company avoids stress, its "muscles" become weaker and weaker, and this may be the first nail in the coffin in a constantly changing environment. In his book Nassim Taleb distinguishes between two types of stress: negative and positive. The positive is the one that is often repetitive, but manageable. It is the one that creates new opportunities. The negative is the one that causes the boat to tip over and the company to come out weakened. Here, in turn, we come to the concept of antifragility, i.e. continuous testing, building resilience and constant change. Taleb writes that it is impossible not to make a lot of mistakes, but these should be used to draw conclusions and build “immunity”. Everything, however, depends largely on the mentality, because it is not in human nature to go beyond the comfort zone and to be exposed to inconveniences. SEE ALSO: <a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink"></a><a href="https://www.businessinsider.in/business/news/watch-ubers-apac-head-pradeep-parameswaran-open-up-about-sustainable-mobility-for-all-at-the-global-trends-festival-2020/articleshow/78493912.cms" data-type="tilCustomLink">Watch Uber’s APAC head Pradeep Parameswaran open up about sustainable mobility for all at the Global Trends Festival 2020</a> <a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink"></a><a href="https://www.businessinsider.in/international/news/sebastian-thrun-to-speak-at-the-business-insider-global-trends-festival-2020/articleshow/78432049.cms" data-type="tilCustomLink">Sebastian Thrun to speak at the Business Insider Global Trends Festival 2020</a> <a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink"></a><a href="https://www.businessinsider.in/business/news/watch-out-for-oyos-billionaire-founder-ritesh-agarwal-talking-tech-at-global-trends-festival-2020/articleshow/78141486.cms" data-type="tilCustomLink">Watch out for OYO’s billionaire founder Ritesh Agarwal talking tech at Global Trends Festival 2020</a> <a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink"></a><a href="https://www.businessinsider.in/business/news/sadhguru-jaggi-vasudev-at-global-trends-festival-2020-simplifying-sustainability/articleshow/78271251.cms" data-type="tilCustomLink">Sadhguru at Global Trends Festival 2020: Simplifying Sustainability</a>

Watch Nassim Nicholas Taleb, a Risk Specialist at the Global Trends Festival 2020

<ul><li><a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink">Global Trends Festival</a> is one of the world's most prestigious events which will be live from Oct 19-23.</li><li>While nobel laureates, some of the biggest political and corporate icons will provide thought leadership, it's a great platform to network with CXOs from around the world.</li><li><a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink">Global Trends Festival 2020</a> is presented by <a href="https://www.businessinsider.in/trendsfestival" data-type="tilCustomLink"></a><a href="https://aws.amazon.com/" data-type="tilCustomLink">AWS</a>. </li><li>Get your tickets now from <a href="https://in.bookmyshow.com/events/business-insider-global-trends-festival/ET00137578" data-type="tilCustomLink">BookMyShow</a>.</li></ul> Sadhguru, a yogi, mystic and a visionary who established Isha Foundation nearly 30 years ago, is one of India’s popular contemporary gurus. His appeal transcends age, race, religion, gender and ethnicity. Sadhguru has an intimate involvement with nature and understanding of how human life is inextricably woven with the elements. This has guided many of Isha’s ecological initiatives. He launched Rally for Rivers (RfR) in 2017 to raise awareness about India’s dying rivers. It is currently implementing two on-ground river revitalization efforts ⁠— Cauvery Calling in the Cauvery river basin and Waghadi River Revitalization project in Yavatmal district of Maharashtra. The projects are designed to make them self-sustaining, scalable and replicable models for tropical regions globally. Isha’s grassroots programme, Project GreenHands launched in 2004 has helped plant over 38 million trees across Tamil Nadu and has contributed to the state’s marginal increase in green cover. The ‘Save the Weave’ project aims to encourage the world to embrace conscious clothing choices and convert at least 50% of their wardrobe into natural fibers. Synthetic fiber is said to be one of the largest contaminants of soil and water resources on the planet. “The planet is not in any kind of danger. It is only human life which is in danger. I hope we wake up to this fact and do what is needed. If humanity has to live for a long time, you have to think like the earth, act like the earth and be the earth, because that is what you are. I am always being asked by people, Why is a spiritual leader, a yogi, planting trees? Unfortunately, in human minds, we have compartmentalized our life in such a way that we are breaking up one and hoping that the other will live,” he says. Sadhguru’s approach to ecological solutions involves raising human consciousness. He believes that humans must become conscious that their life and wellbeing are closely connected with the wellbeing of all other life forms on earth as told in his Conscious Planet initiative. According to him, ecological challenges appear complex but the solutions are simple which require determination and focus from the community. SEE ALSO: <a href="https://www.businessinsider.in/business/news/watch-out-for-oyos-billionaire-founder-ritesh-agarwal-talking-tech-at-global-trends-festival-2020/articleshow/78141486.cms" data-type="tilCustomLink">Watch out for OYO’s billionaire founder Ritesh Agarwal talking tech at Global Trends Festival 2020</a> <a href="https://www.businessinsider.in/business/news/dont-miss-ajay-piramal-chairman-piramal-group-a-master-deal-maker-with-business-in-30-countries-at-the-global-trends-festival-2020/articleshow/78054719.cms" data-type="tilCustomLink">Don’t miss Ajay Piramal, a master deal maker with business in 30 countries, at the Global Trends Festival 2020</a> <a href="https://www.businessinsider.in/business/news/get-inspired-by-prashant-chandrasekar-the-ceo-of-us-based-stack-overflow-at-global-trends-festival-2020/articleshow/78033494.cms" data-type="tilCustomLink">Prashant Chandrasekar who went from Bengaluru to become the CEO of Stack Overflow will be at Global Trends Festival 2020</a>

Sadhguru at Global Trends Festival 2020: Simplifying Sustainability

<ul><li>At 7:45 am, the SGX Nifty was up 0.58% at 8.70 points pointing towards a positive start for Nifty50.</li><li>Here’s a list of stocks to watch for in trade today. </li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Amid positive cues from the global peers, Indian stock-market indices are likely to open in green on Tuesday. At 7:45 am, the SGX Nifty was up 0.58% at 8.70 points pointing towards a higher start for Nifty50. On Wall Street, the S&amp;P 500 closed above the 3,400 thresholds for the first time, bolstered by gains in some big tech-related names. The Dow Jones Industrial Average also jumped 378.13 points to close at 28,308.46. These are the stocks to watch out for during the trading session on Tuesday: Future Retail Kishore Biyani-led Future Retail has averted a default as it repaid around $14 million (around Rs 100 crore) interest on foreign bonds to investors. The 30-day grace period for repaying the interest on ‘5.60 per cent Senior Secured Notes due 2025’ was to end on Monday. The shares of Future Retail plunged over 5% on Monday. Adani Enterprises Billionaire Gautam Adani’s Adani Group is in talks to buy out GVK and some of its partners in the Mumbai Airport as it aims to become the country’s biggest private airport operator. Adani Group is in talks to acquire a 50.5% stake held by GVK Group in Mumbai International Airport (MIAL) and another 23.5% of minority partners, Airports Company South Africa (ACSA), and Bidvest Group, two sources with knowledge of the matter told PTI. The shares of Adani Enterprises ended 7% higher on Monday. Axis Bank Axis Bank on Monday said it would acquire 17% stake in Max Life Insurance instead of the 29% proposed earlier as per a revised deal. Axis Bank currently holds about 1 per cent stake in Max Life and is the biggest banking channel partner for the distribution of the insurer’s products. Products sold through the bank reportedly account for 54% of Max Life’s revenues. The shares of Axis Bank ended 2% higher on Monday. GMR Infra GMR Infra board to consider raising of funds of up to ₹5000 crore in one or more tranches, through the issue of securities as an enabling resolution as per the requirements of applicable laws which shall be subject to the approval of shareholders. The shares of GMR Infra ended 5% higher on Monday. Wipro Wipro announced a partnership with Standard Initial Margin Model (SIMM) vendor, Quaternion Risk Management. As part of the deal, Wipro will offer SIMM-in-a-box to financial institutions covered under Uncleared Margin Rules (UMR). The shares of Wipro ended nearly a percent lower on Monday. Allcargo Logistics The promoters of Allcargo Logistics have proposed to delist the company shares as part of its efforts to pare debt, the company said in a stock-exchange filing on August 24. The shares of Allcargo Logistics ended nearly a percent higher on Monday. LIC Housing Finance Mortgage lender LIC Housing Finance reported a 34% jump in its net profit to ₹817.48 crore for the quarter ending June helped by lower provisioning. The total income of the company rose to ₹4,977.49 crore in April-June 2020 from ₹4,807.21 crore in the year-ago quarter, according to a regulatory filing. The shares of LIC Housing Finance ended nearly a percent lower on Monday. JSW Energy JSW Energy said that its Executive Director Jyoti Kumar Agarwal, who is also the Chief Financial Officer (CFO), has tendered his resignation and will step down with effect from September 15. In a regulatory filing, the company said that Agarwal has decided to pursue career opportunities outside the company. The shares of JSW Energy ended 2% lower on Monday. Indian Energy Exchange Indian Energy Exchange (IEX) on Monday said its board of directors had accepted the resignation of its Managing Director and CEO Rajiv Srivastava. The company has given Satyanarayan Goel the additional charge of Managing Director and CEO. “Board of directors of the company at its meeting held today, i.e. August 24, 2020, has approved the resignation of Rajiv Srivastava, Managing Director &amp; CEO of the company, who has tendered his resignation on August 24, 2020, from the board of the company, due to his personal reasons,” the company said in a stock-exchange filing. The shares of Indian Energy Exchange ended a percent higher on Monday. SEE ALSO:<a href="https://www.businessinsider.in/finance/banks/news/axis-bank-trims-its-investment-in-max-life-insurance-from-30-to-18/articleshow/77721249.cms" data-type="tilCustomLink"> Axis Bank trims its investment in Max Life Insurance from 30% to 18%</a> <a href="https://www.businessinsider.in/stock-market/news/airtel-stock-is-getting-knocked-down-as-investors-fear-it-may-have-to-pay-videocons-dues/articleshow/77714933.cms" data-type="tilCustomLink">Airtel stock is getting knocked down as investors fear it may have to pay Videocon's dues</a>

Top stocks to watch on Tuesday— Future Retail, Adani Enterprises, Wipro, Axis Bank, GMR Infra, LIC Housing Finance and more

Take a deep breath. It's Friday. I'm Jordan Parker Erb, and today I'm taking you inside the <a href="https://www.businessinsider.com/inside-oracle-marketing-mass-layoffs-ariel-kelman-chaos-2022-8">"complete chaos"</a> at Oracle as layoffs and restructuring roil the database giant.By the way, apologies for the slight delay this morning — we had a technical issue. (Fitting for a tech newsletter!)Let's get to it.If this was forwarded to you, <a href="https://www.businessinsider.com/subscription/newsletter/10-things-in-tech">sign up here</a>. Download Insider's app <a href="https://link.insider.com/click/27645591.160803/aHR0cHM6Ly93d3cuaW5zaWRlci5jb20vYXBwP25yX2VtYWlsX3JlZmVyZXI9MSZ1dG1fc291cmNlPVNhaWx0aHJ1JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NvbnRlbnQ9T3BlbmluZ19iZWxs/62667762063d6b9bef0cffb3Bf9c9aa56">here.</a><a href="https://www.businessinsider.com/inside-oracle-marketing-mass-layoffs-ariel-kelman-chaos-2022-8"></a>1. Oracle insiders describe <a href="https://www.businessinsider.com/inside-oracle-marketing-mass-layoffs-ariel-kelman-chaos-2022-8">"complete chaos"</a> from layoffs and restructuring. Earlier this week, <a href="https://www.businessinsider.com/oracle-started-laying-off-us-employees-more-cuts-expected-2022-8">Oracle began a sizable layoff</a>, potentially impacting thousands of employees — and those who haven't yet been laid off are scrambling to figure out whether they'll be next.<ul><li>The hardest-hit units, current and former employees said, were in the marketing and customer experience divisions. Some marketing teams have seen their headcount slashed by anywhere from 30% to 50%. </li><li>In some cases, they said, managers were given the choice of who would get cut, while others had no say in how the layoffs would affect their teams.</li><li>The Advertising and Customer Experience team was said to have been cut, too. "The common verb to describe ACX is that they were obliterated," one employee said. </li><li>This<a href="https://www.businessinsider.com/leaked-oracle-org-charts-show-cloud-tech-leaders-after-reorg-2022-8"> leaked org chart shows Oracle's cloud leaders</a> after the company's major organizational changes.</li></ul><a href="https://www.businessinsider.com/inside-oracle-marketing-mass-layoffs-ariel-kelman-chaos-2022-8">A look inside Oracle over the past week.</a>In other news:<a href="https://www.businessinsider.com/ftc-deepens-amazon-prime-probe-sending-subpoenas-issuing-warnings-2022-8"></a><div type="image" title="Lina Khan speaks with hand up" height="1000" width="1334" msid="93371956" hostid="261"></div>2. The Federal Trade Commission is deepening its investigation into Amazon's Prime sign-up and cancellation process. The FTC sent out subpoenas and other demands for information after Insider reporting. <a href="https://www.businessinsider.com/ftc-deepens-amazon-prime-probe-sending-subpoenas-issuing-warnings-2022-8">Here's our scoop on what's going on.</a>3. Axed "Robinhoodies" say they were tipped off to layoffs weeks ago. Former Robinhood employees said they saw signs of belt-tightening — including plans to shrink office space — long before the company laid off 23% of its staff. <a href="https://www.businessinsider.com/robinhood-employees-saw-signs-of-layoffs-reorganization-office-closures-2022-8">Five former employees took us behind the scenes.</a>4. Elon Musk's countersuit against Twitter says the company is operating a "scheme" to mislead investors. Musk argued that he is entitled to drop the deal entirely — and Twitter pushed back, saying the billionaire's story is "implausible." <a href="https://www.businessinsider.com/elon-musk-sues-twitter-deal-counter-lawsuit-2022-8">Get the big takeaways.</a>5. Nike is offering $5,000 employee bonuses for some tech job referrals. Grappling with internal turmoil and a wave of exits, the company announced the new referral program, which has been met with mixed reviews from employees. <a href="https://www.businessinsider.com/nike-pilots-5000-dollar-referral-program-for-some-technology-jobs-2022-8">Here's what we know.</a>6. Fifteen current and former Apple female employees say the company dismissed claims of misconduct. After the Financial Times reported the HR unit retaliated against some of them after speaking up about the incidents, Apple vowed to "make changes." <a href="https://www.businessinsider.com/apple-promises-changes-female-workers-reported-sexual-harassment-hr-2022-8">What we know so far.</a>7. Startup founders' mental health is crumbling. Dried-up funding and the stress of a turbulent economic year has piled stress on founders who are already trying to do the impossible: build iconic tech companies. <a href="https://www.businessinsider.com/startup-founders-mental-health-stress-economy-funding-2022-7">Why some founders "are especially not OK."</a>8. Elon Musk denied that he's planning to build his own private airport in Texas. Local news site Austonia reported last week that an airport could help grow his companies in the region, but Musk said that's "not true" and it "would be silly." <a href="https://www.businessinsider.com/elon-musk-denies-building-private-airport-texas-2022-8">Get the full rundown here.</a>Odds and ends:<a href="https://www.businessinsider.com/mark-zuckerberg-little-league-baseball-card-batting-average-nft-auction-2022-8"></a><div type="image" title="Mark Zuckerberg wearing sunglasses" height="1092" width="1456" msid="93371958" hostid="261"></div>9. Mark Zuckerberg is minting an NFT of his Little League baseball card. In a post announcing Instagram's expanded support for NFTs, Zuckerberg shared his own "soon-to-be NFT." <a href="https://www.businessinsider.com/mark-zuckerberg-little-league-baseball-card-batting-average-nft-auction-2022-8">See the potential digital collectible of a young Zuck.</a>10. We broke down how to unsend text messages using iOS 16. iPhone users with iOS 16 will have 15 minutes to unsend a text — and delete it from the recipient's phone. <a href="https://www.businessinsider.com/how-to-unsend-a-message-on-iphone">How it works and how to do it.</a>The latest people moves in tech:<ul><li>Per Bloomberg, Apple hired <a href="https://www.bloomberg.com/news/articles/2022-07-27/apple-nabs-key-lamborghini-executive-to-work-on-its-electric-car?cmpid=BBD073122_POWERON&amp;utm_medium=email&amp;utm_source=newsletter&amp;utm_term=220731&amp;utm_campaign=poweron">a key Lamborghini exec</a> to work on its electric car. </li><li>Google-backed chip startup Lightmatter just poached <a href="https://www.businessinsider.com/chip-lightmatter-intel-veteran-lead-engineering-artificial-intelligence-2022-7">Ritesh Jain, a 20-year veteran of Intel</a>.</li><li>Michael Saylor will step down <a href="https://markets.businessinsider.com/news/currencies/microstrategy-bitcoin-michael-saylor-ceo-917-million-impairment-charge-crypto-022-8">as MicroStrategy CEO</a>. </li><li>After less than a year, Tinder CEO Renate Nyborg <a href="https://www.businessinsider.com/tinder-match-group-metaverse-dating-crypto-economic-slowdown-uncertainty-meta-2022-8">will be departing the company</a>.</li></ul>Keep updated with the latest tech news throughout your day by checking out<a href="https://link.chtbl.com/therefresh"> The Refresh from Insider,</a> a dynamic audio news brief from the Insider newsroom. <a href="https://link.chtbl.com/therefresh">Listen here.</a>Curated by Jordan Parker Erb in New York. (Feedback or tips? Email <a href="mailto:jerb@insider.com">jerb@insider.com</a> or tweet <a href="https://twitter.com/jordanparkererb?lang=en">@jordanparkererb</a>.)

Insiders describe 'complete chaos' at Oracle following layoffs and restructuring

<ul><li>A ₹760-crore initial share-sale of <keyword id="10487971" type="UNKNOWN" weightage="20" keywordseo="Anupam-Rasayan">Anupam Rasayan</keyword> is set to make its way to the public markets on Friday (March 12).</li><li>Anupam Rasayan commenced operations in 1984 with conventional products, and now it makes speciality chemicals that involve multi-step synthesis and complex chemistries.</li><li>The company mainly caters to the agrochemical, personal care and pharmaceutical sectors, which accounted for over 95% of its revenues in 2019-20.</li><li>Check out the latest news and updates on <a href="https://www.businessinsider.in/">Business Insider</a>.</li></ul>A ₹760-crore initial share-sale of speciality chemical company Anupam Rasayan is set to make its way to the public markets on Friday (March 12). The company has fixed a price band of ₹553-555 a share for its IPO. The three-day public issue will close on March 16. It plans to use the funds to repay its debt partly. As of September, the company had a total debt of ₹814.48 crore, and it plans to repay at least ₹556.20 crore in debt. The Surat-based company has reserved about 2.20 lakh shares for employees. Half of the issue is reserved for qualified institutional buyers, 35% for retail investors and 15% for non-institutional bidders. Anupam Rasayan commenced operations in 1984 with conventional products, and now it makes speciality chemicals that involve multi-step synthesis and complex chemistries. Anupam Rasayan’s business has two verticals — life science related to speciality chemicals and other speciality chemicals. The life science-related speciality chemicals are used in agrochemicals, personal care, and pharmaceutical sectors, whereas the other is used for pigment, dyes, polymer additives, etc. <keyword id="10487969" type="UNKNOWN" weightage="20" keywordseo="Anupam-Rasayan-IPO">Anupam Rasayan IPO</keyword> opens on Friday <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Particulars </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Issue details </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Opens on </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">March 12 </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Closes on </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">March 15 </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Price band </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹553-555 per share </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Minimum bid </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">27 equity shares </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Reservation for qualified institutional buyers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">50% </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Reservation for non-institutional buyers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">15% </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Reservation for retail investors </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">35% </td></tr></tbody></table> Once the IPO is concluded, the equity shares will be listed on both the exchanges — BSE and NSE. Axis Capital, Ambit Private, IIFL Securities, and JM Financials are the book running lead managers for its public offering IPO. Anupam Rasayan IPO: All you need to know <ul><li>The company mainly caters to the agrochemical, personal care and pharmaceutical sectors, which accounted for over 95% of its revenues in 2019-20. Its clients include Syngenta Asia Pacific, Sumitomo Chemical Company and UPL Limited.</li><li>Anupam Rasayan has six multi-purpose manufacturing facilities based in Gujarat with a combined installed capacity of around 23,396 metric tonnes, of which 6,726 metric tonnes was added in March last year.</li><li>Its revenue from operations increased by 45% to ₹539.22 crore in the nine months ended December 31 from ₹371.80 crore in the corresponding year-ago period.</li><li>The grey market is ready to pay a hefty premium for its shares ahead of the IPO. The shares were commanding a premium of ₹290 apiece at a fixed price band of ₹553-555.</li></ul>SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/oyo-vs-zo-zostel-claims-victory-while-the-ritesh-agarwal-led-firm-says-theres-still-room-to-win/articleshow/81386851.cms">OYO vs Zo – Zostel claims victory while the Ritesh Agarwal-led firm says there’s still room to win</a><a href="https://www.businessinsider.in/business/startups/news/oyo-vs-zo-zostel-claims-victory-while-the-ritesh-agarwal-led-firm-says-theres-still-room-to-win/articleshow/81386851.cms"></a> <a href="https://www.businessinsider.in/stock-market/news/sensex-up-300-points-nifty-crosses-15000-banks-oil-stocks-lead/articleshow/81386563.cms">Sensex up 300 points, Nifty crosses 15,000 — banks, oil stocks lead</a><a href="https://www.businessinsider.in/stock-market/news/sensex-up-300-points-nifty-crosses-15000-banks-oil-stocks-lead/articleshow/81386563.cms"></a> <a href="https://www.businessinsider.in/india/news/international-womens-day-take-a-look-at-some-of-the-finest-achievements-by-indian-women/slidelist/81385710.cms">International Women’s Day: Take a look at some of the finest achievements by Indian women</a>

Anupam Rasayan’s ₹760 crore IPO is set to open on Monday — price band for the issue at ₹553-555 per share

<ul><li>The <keyword id="30334" type="ORGANIZATION" weightage="20" keywordseo="acquisition">acquisition</keyword> talks come as Tata is set to be working on its own Super App for which it has reportedly signed a deal with grocery retail platform BigBasket for a 68% stake.</li><li>The news of the possible acquisition drove JD’s stocks to ₹943, up by 7%.</li><li>In October 2020, JD had said that it was set to launch its own B2B (business to business) marketplace called JD Mart.</li></ul>The salt-to-aviation conglomerate <keyword id="6355725" type="ORGANIZATION" weightage="20" keywordseo="tata-group">Tata Group</keyword> is in talks with <keyword id="6436290" type="UNKNOWN" weightage="20" keywordseo="just-dial">Just Dial</keyword>, the 24-year old local discovery platform, as a part of its digital push, reported <a href="https://economictimes.indiatimes.com/tech/technology/tata-digital-in-initial-talks-with-just-dial-for-e-commerce-play/articleshow/81383870.cms">ET</a>. The report said that the group is in early talks with Just Dial regarding its latest e-commerce bet – JD Mart. The acquisition talks come as Tata is set to be working on its own Super App, for which it has already <a href="https://www.timesnownews.com/business-economy/companies/article/tata-group-to-buy-68-stake-in-e-grocer-bigbasket/721028">reportedly</a> signed a deal with grocery retail platform BigBasket for a 68% stake. Similarly, it could enter into a strategic alliance with Just Dial as well. The news of the possible acquisition drove Just Dial Ltd’s stocks to ₹943, up by 7.38% at 1.50 pm on Monday. In October 2020, Just Dial had said that it was set to launch its own B2B (business to business) marketplace called JD Mart. The potential and excitement for Just Dial’s new platform comes with the fact that the company already has a strong foothold in the market and a loyal user base. According to a report by financial services firm UBS, the company will be able to leverage its already existing 140 million quarterly unique users and 100,000 paid B2B subscribers to sell JD Mart. “We think Just Dial has developed a superior platform on the backdrop of an interactive user interface along with robust depth and breadth of B2B product offerings. JD's core strength is its large sales force (9,000), which should aid monetizing the new platform,” said the UBS report from October, 2020. JD Mart finds competition from the country’s oldest e-commerce platform IndiaMart, which has had an unchallenged run for 24 years. Interestingly, Tata was <a href="https://www.livemint.com/companies/start-ups/tatas-in-talks-to-buy-stake-in-indiamart-report-11602742923779.html">reportedly</a> in talks with IndiaMart as well earlier. However, in an exchange filing IndiaMart had categorically denied that it had not had any discussions with Tata Group. Meanwhile, JD Mart is making space for itself. The company, which had set aside ₹110 crore for marketing and advertising of JD Mart, has signed up to be a ‘Co-Presenting Sponsor’ of the Indian Premier League-14 (IPL 2021), which will be held in the months of April and May. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/oyo-vs-zo-zostel-claims-victory-while-the-ritesh-agarwal-led-firm-says-theres-still-room-to-win/articleshow/81386851.cms">OYO vs Zo – Zostel claims victory while the Ritesh Agarwal-led firm says there’s still room to win</a> <a href="https://www.businessinsider.in/stock-market/news/the-510-crore-ipo-of-easemytrip-is-now-open-for-public-subscription-/articleshow/81387576.cms">Here is why analysts maintain a bullish mood for the ₹510 crore IPO of bootstrapped online travel aggregator EaseMyTrip</a> <a href="https://www.businessinsider.in/india/news/google-ceo-sundar-pichai-announces-a-series-of-initiatives-on-womens-day/articleshow/81388483.cms">Google announces a series of initiatives on Women’s day – a $25 million fund, support for one million female entrepreneurs in India and a new feature on Google Maps</a>

You Searched For "ritesh agarwal latest news and updates" and got 11 results

Watch out for OYO’s billionaire founder Ritesh Agarwal talking tech at Global Trends Festival 2020

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Tata dials up another acquisition talk – with India’s discovery platform Just Dial, whose stock is up by 7%

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