Latest news with #N.R.NarayanaMurthy
Economic Times
16-07-2025
- Business
- Economic Times
SBI, Kotak Bank scheduled maintenance: UPI, net banking, NEFT services to be temporarily unavailable on these days
ET Online Kotak and SBI Bank downtime Customers of State Bank of India (SBI) and Kotak Mahindra Bank should note that these banks have announced scheduled maintenance activities this week during which several key digital banking services will be temporarily unavailable. The affected services include Unified Payments Interface (UPI), Immediate Payment Service (IMPS), YONO, Retail Internet Banking (RINB), Automated Teller Machine (ATM) services, National Electronic Funds Transfer (NEFT), and Real-Time Gross Settlement (RTGS) will be temporarily unavailable from between 1 AM and 2 AM on July 16, 2025. However, during the said period, customers are advised to use UPI Lite. SBI revises FD interest rate on these fixed deposits: Check latest SBI FD interest rate According to SBI social media post, 'Due to scheduled maintenance activity, our services UPI, IMPS, YONO, RINB, ATM, NEFT and RTGS will be temporarily unavailable from 01:05 hrs to 02:10 hrs on 16.07.2025 (IST). These services will resume by 02:10 hrs on 16.07.2025 (IST).' What is UPI LITE? UPI LITE is a new payment solution to process low value transactions that have been set at below Rs is how to enable UPI LITEStep 1: To enable UPI LITE, user has to open his/her UPI AppStep 2: On the home screen of the App, the user will get the option to enable UPI LITE. Click on the optionStep 3: User reads and accepts the terms & conditionsStep 4: User enters the amount to add in UPI LITE and select the bank accountStep 5: User enters UPI PINUPI LITE will be enabled successfully! Kotak Mahindra Bank maintenance date and time Kotak Mahindra Bank will carry out maintenance on multiple dates, impacting various digital servicesThese services will not be available as per the details mentioned below. Date Services unavailable 17th July (Thursday) & 18th July (Friday) NEFT via Net banking & Mobile banking 12.00 am to 02.00 am 20th July (Sunday) & 21st July (Monday) Net banking, Mobile banking, UPI 12.00 am to 02.00 am 20th July (Sunday) & 21st July (Monday) Payment Gateway 12.00 am to 03.00 am Source- Bank mail N.R. Narayana Murthy Founder, Infosys Watch Now Harsh Mariwala Chairman & Founder, Marico Watch Now Adar Poonawalla CEO, Serum Institute of India Watch Now Ronnie Screwvala Chairperson & Co-founder, upGrad Watch Now Puneet Dalmia Managing Director, Dalmia Bharat group Watch Now Martin Schwenk Former President & CEO, Mercedes-Benz, Thailand Watch Now Nadir Godrej Managing Director, of Godrej Industries Watch Now Manu Jain Former- Global Vice President, Xiaomi Watch Now Nithin Kamath Founder, CEO, Zerodha Watch Now Anil Agarwal Executive Chairman, Vedanta Resources Watch Now Dr. Prathap C. Reddy Founder Chairman, Apollo Hospitals Watch Now Vikram Kirloskar Former Vice Chairman, Toyota Kirloskar Motor Watch Now Kiran Mazumdar Shaw Executive Chairperson, Biocon Limited Watch Now Shashi Kiran Shetty Chairman of Allcargo Logistics, ECU Worldwide and Gati Ltd Watch Now Samir K Modi Managing Director, Modi Enterprises Watch Now R Gopalakrishnan Former Director Tata Sons, Former Vice Chairman, HUL Watch Now Sanjiv Mehta Former Chairman / CEO, Hindustan Unilever Watch Now Dr Ajai Chowdhry Co-Founder, HCL, Chairman EPIC Foundation, Author, Just Aspire Watch Now Shiv Khera Author, Business Consultant, Motivational Speaker Watch Now Nakul Anand Executive Director, ITC Limited Watch Now RS Sodhi Former MD, Amul & President, Indian Dairy Association Watch Now Anil Rai Gupta Managing Director & Chairman, Havells Watch Now Zia Mody Co-Founder & Managing Partner, AZB & Partners Watch Now Arundhati Bhattacharya Chairperson & CEO, Salesforce India Watch Now
Time of India
10-07-2025
- Business
- Time of India
After Rs 293 crore investment, Shark Tank India 5 promo teases new investors. Are older sharks being replaced?
New Promo Teases Entry of Fresh Faces Satirical June Promo Will OG Sharks Return or Be Replaced? Shark Tank India, the business reality show with an impressive Rs 293 crore invested across four seasons, has become a launchpad for Indian entrepreneurs. Now, the much-anticipated fifth season of the show has officially been announced, with a fresh promo stirring intrigue—not only about the show's return but also about the possibility of new investors stepping into the tank. The teaser emphasizes 'More fire. More founders. More deals,' leading many to wonder if the original Sharks are being an impressive Rs 293 crore invested across four seasons, Shark Tank India, the business reality show, is back to fuel more entrepreneurial dreams. The much-anticipated fifth season has officially been announced, and a fresh promo has stirred intrigue—not only about the show's return but also about the possibility of new investors stepping into the tank. The teaser emphasizes 'More fire. More founders. More deals,' leading many to wonder if the original Sharks are being latest teaser, unveiled by Sony LIV, marks the official start of Season 5's promotional campaign. Captioned 'Turning 5 never looked this fierce! More fire. More founders. More deals,' the clip blends real footage of past pitches with a dramatized sequence where people stuck in uninspiring jobs dream of doing more. The highlight of the promo is a segment featuring Peyush Bansal, who encourages aspiring entrepreneurs to identify major problems, build strong solutions, and step onto the Shark Tank India notably, the promo emphasizes 'more founders' joining the show. This phrase has sparked speculation that the original Sharks may not all return, and new investors could take their the latest announcement, a June teaser had already stirred public interest. That promo, infused with satire, mocked billionaire N.R. Narayana Murthy's contentious advocacy for a 70-hour work week. It featured fictional CEOs lamenting over the 'crisis' of employees leaving to start their own businesses—one even complains about losing someone to carry his golf bag.A sarcastic narrator warns viewers not to quit their jobs or register for Shark Tank, cheekily encouraging them to do exactly that. The satirical tone struck a chord online, leading to viral Sony has not officially confirmed any departures, fans are questioning whether long-time Sharks like Aman Gupta, Namita Thapar, Anupam Mittal, Peyush Bansal, and Vineeta Singh will return. Over the seasons, guest Sharks such as Ashneer Grover, Amit Jain, Ghazal Alagh, Deepinder Goyal, Radhika Gupta, Kunal Bahl, Viraj Bahl, and Ritesh Agarwal have made appearances, creating a flexible judging the new promo stressing "more founders," Season 5 may follow a similar model—retaining a core group while introducing fresh business leaders. However, no names of new entrants have been officially its debut on December 20, 2021, Shark Tank India has served as a major platform for budding start-ups across the country. The show has completed four seasons, with Season 4 airing from January to March 2025. According to details from the latest teaser, investors on the show have collectively invested over Rs 293 crore into start-ups from Season 1 through Season 4.
Economic Times
09-07-2025
- Business
- Economic Times
How can I split a large medical claim across different health insurers?
Getty Images A retail health insurance policy guarantees lifelong renewability. I have multiple health insurance policies from different insurers. In case of a large claim, how do I split it across insurers, and what documents are required for each? Sarbvir Singh Joint Group CEO, PB Fintech: If you have multiple health insurance policies, start with the one offering the highest cashless coverage to reduce out-of-pocket expenses. For any uncovered amount, you can file for reimbursement with the second insurer by submitting the claim form, bills, discharge summary, prescriptions, and the settlement summary from the first insurer. If there is still some balance left, the third insurer can be approached similarly. That said, having multiple policies is usually not necessary. A single, comprehensive policy with a high sum insured is sufficient to cover most medical needs. The good news is that upgrading your sum insured from Rs 10 lakh to Rs 1 crore can cost just 10-15% more in premium. Given the minimal additional cost, it's a smarter and simpler way to ensure you are well-protected. Also read | I am 52. How can I build a retirement corpus of Rs 5 crore in 10 years? I have two health policies—an individual base plan of Rs 10 lakh and a group top-up plan of Rs 15 lakh, with a Rs 2 lakh deductible, for which I pay a Rs 4,500 premium. The top-up is due for renewal in two months. My bank now offers a top-up plan with a Rs 30 lakh cover and a Rs 3 lakh deductible at a lower premium of Rs 2,500. However, it's a new policy with a 24-month waiting period for pre-existing conditions. Should I switch to the new plan? Sarbvir Singh Joint Group CEO, PB Fintech: A retail health insurance policy guarantees lifelong renewability. It ensures you have adequate coverage well into old age, when health issues pose the most risk. While you can continue the former Rs 15 lakh group cover, it will be good to get an individual health policy with a high-value top-up for comprehensive protection. For instance, a Rs 1 crore top-up with a Rs 10 lakh deductible is a cost-effective way to secure significant coverage, typically available in the Rs 1,000–3,000 premium range, depending on factors like age and family size. If you are considering the new plan, you could look at its super top-up plan. Evaluate your options and ensure that long-term benefits outweigh the short-term savings. Ask our experts Have a question for the experts? etwealth@ (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of N.R. Narayana Murthy Founder, Infosys Watch Now Harsh Mariwala Chairman & Founder, Marico Watch Now Adar Poonawalla CEO, Serum Institute of India Watch Now Ronnie Screwvala Chairperson & Co-founder, upGrad Watch Now Puneet Dalmia Managing Director, Dalmia Bharat group Watch Now Martin Schwenk Former President & CEO, Mercedes-Benz, Thailand Watch Now Nadir Godrej Managing Director, of Godrej Industries Watch Now Manu Jain Former- Global Vice President, Xiaomi Watch Now Nithin Kamath Founder, CEO, Zerodha Watch Now Anil Agarwal Executive Chairman, Vedanta Resources Watch Now Dr. Prathap C. Reddy Founder Chairman, Apollo Hospitals Watch Now Vikram Kirloskar Former Vice Chairman, Toyota Kirloskar Motor Watch Now Kiran Mazumdar Shaw Executive Chairperson, Biocon Limited Watch Now Shashi Kiran Shetty Chairman of Allcargo Logistics, ECU Worldwide and Gati Ltd Watch Now Samir K Modi Managing Director, Modi Enterprises Watch Now R Gopalakrishnan Former Director Tata Sons, Former Vice Chairman, HUL Watch Now Sanjiv Mehta Former Chairman / CEO, Hindustan Unilever Watch Now Dr Ajai Chowdhry Co-Founder, HCL, Chairman EPIC Foundation, Author, Just Aspire Watch Now Shiv Khera Author, Business Consultant, Motivational Speaker Watch Now Nakul Anand Executive Director, ITC Limited Watch Now RS Sodhi Former MD, Amul & President, Indian Dairy Association Watch Now Anil Rai Gupta Managing Director & Chairman, Havells Watch Now Zia Mody Co-Founder & Managing Partner, AZB & Partners Watch Now Arundhati Bhattacharya Chairperson & CEO, Salesforce India Watch Now
India Today
07-07-2025
- Business
- India Today
Narayana Murthy 70-hr workweek pitch vs new Infosys work-life balance policy: what is different?
Last year, when Infosys co-founder N. R. Narayana Murthy urged young Indians to put in 'at least 70 hours' a week to boost national productivity, his words reignited the long-running debate around work-life balance. While many agreed with his suggestion, others strongly criticised it, arguing that long working hours could lead to burnout and stress. And it seems that his own company may not be in favour of long working hours is reportedly advising its 323,000-plus employees to complete their workday within 9.15 hours and to step away from their laptops after that in order to protect their health. The company's human resources team has implemented a system that automatically flags employees who exceed 9.15 working hours a day over the course of a month. Employees who cross this limit receive personalised emails from HR, detailing each remote workday, total hours logged, and their daily average. These messages also include bullet-point tips on taking breaks, delegating tasks, and 'disconnecting after hours to recharge.' This reminder reportedly applies to all employees—whether coders, consultants, or support staff working from home. HR refers to it as a 'health reminder,' according to a report by The Economic Times. However, this new policy has raised eyebrows, as it stands in stark contrast to what the company's co-founder expressed in his remarks last year. Murthy has never hidden his belief in extreme effort. He even opposed India's 1986 move to a five-day working week. Speaking at the Indian Chamber of Commerce centenary in Kolkata last year, he said real progress 'requires sacrifice.'At a CNBC-hosted leadership summit just weeks later, he dismissed the very idea of work-life balance, arguing that young professionals must work longer hours if India is to catch up with developed nations. His views made headlines, with many critics pointing out that tech workers already endure punishing hours without commensurate pay or adequate rest, and that burnout—not laziness—is the sector's looming now promoting healthy work-life balanceThis new culture of sending health reminders to employees reportedly follows Infosys's hybrid work model, introduced on 20 November 2023. The policy mandates employees to come to office at least 10 days a month. Now, the company is also encouraging employees to prioritise their health—especially in remote work new health policy also aims to deal with the broader issue within the Indian IT sector's unhealthy work culture, which has seen a rise in cardiac incidents among young professionals. These health risks are often tied to sleep deprivation, irregular eating habits, and extended screen time. Executives familiar with internal risk assessments warn that continued overwork could hurt productivity, raise insurance costs, and worsen employee retention.- Ends
Time of India
07-07-2025
- Business
- Time of India
Narayan Murthi's Infosys HR sends warning emails to employees working more than 9 hours 15 minutes with new policy implementation
Infosys work‑hour warning emails have emerged as a stark reminder of the evolving culture within India's second-largest IT services firm. The company's HR team is now sending personalised alerts to employees who exceed 9 hours and 15 minutes of daily work, particularly during remote shifts—a marked departure from founder N. R. Narayana Murthy's push for a 70-hour workweek . By automating tracking of remote hours and issuing detailed notifications, Infosys is prioritising employee well-being, work-life balance, and long-term productivity over traditional hustle culture. As the hybrid work model becomes standard, this move highlights the rising emphasis on guarding against burnout and protecting mental and physical health. Why did the HR warn Infosys employees? In stark contrast to founder N.R. Narayana Murthy's previous support for a 70-hour workweek, India's second-largest IT services business, Infosys, has started issuing tailored warning letters to staff members who work longer than usual. An automated monitoring system has been put in place by the Bengaluru-based company, which sends out alarms when staff members work longer than nine hours and fifteen minutes per day. An employee told The Economic Times, "We have to work 9.15 hours a day, five days a week, and if we go overboard while working remotely, it sets off a trigger." The company's HR department now keeps track of remote working hours on a monthly basis and notifies employees in detail when they go beyond the allotted time. Infosys keeps an eye on remote work schedules to avoid burnout The monitoring mechanism was implemented after Infosys's 323,500 employees were given hybrid work arrangements. HR provides thorough notifications that include details regarding remote working days, total hours worked, and daily averages when excessive hours are identified. According to the company's workplace policy, which was enacted in November 2023, employees must be in the office for at least ten days every month. The HR message examined by the financial daily reads, "While we appreciate your commitment, we also believe that maintaining a healthy work-life balance is crucial for both your well-being and long-term professional success." The emails stress the advantages of putting one's health and work-life balance first for both one's own well-being and career success. Policy changes in the Indian IT sector are driven by health concerns This program comes as worries about young tech workers' health problems—especially heart problems linked to irregular eating and sleeping habits—are becoming more prevalent. Among the particular suggestions made by the company are the following: "Take regular breaks during your workday; Let your manager know if you are feeling overwhelmed or need support with reviewing priorities." In contrast to Narayana Murthy's recent claims that Indians should work 70 hours a week to boost economic growth, the proposal marks a substantial shift. The action aligns with changing workplace standards in the Indian IT industry, where long hours are becoming less important than sustained productivity and employee mental wellness.
