Latest news with #EntrepreneurIndia
Entrepreneur
3 hours ago
- Business
- Entrepreneur
Infosys Forecasts FY26 Revenue Growth at 1-3%, Profit up 8.7%
The dollar revenue for the first quarter was up 3.8 per cent annually in constant currency to USD 4.94 billion on the back of large deals bookings with a total contract value of USD 3.8 billion, 50 per cent of which are net new. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Infosys, India's second largest IT services firm by revenue, has forecast a revenue growth of 1-3 per cent for full fiscal FY26 reflecting a strong performance and a more stable business outlook. The operating margin guidance stood at 20-22 per cent. The Bengaluru-based company reported a net profit of INR 6,921 crore for the first quarter ended June, up 8.7 per cent from the year-ago period. The revenue for the first quarter was up 7.5 per cent YoY to INR 42,279 crore. The dollar revenue for the first quarter was up 3.8 per cent annually in constant currency to USD 4.94 billion on the back of large deals bookings with a total contract value of USD 3.8 billion, 50 per cent of which are net new. "Our performance in Q1 demonstrates the strength of our enterprise AI capabilities, the success in client consolidation decisions, and the dedication of our over 300,000 employees", said Salil Parekh, CEO and MD, Infosys. "Our large deal wins of USD 3.8 billion reflect our distinct competitive positioning and deep client relationships." "The company is seeing broad-based growth across verticals with clients selecting us for consolidation…there have been about 300 AI agents deployed and clients have seen about 5-15 per cent productivity benefit through our AI programs," Parekh said in an earnings call with the media. The Indian IT services industry has been facing challenges over the past few quarters due to continued caution around discretionary spending, delayed decision-making, and tighter project scrutiny weighing on deal ramp-ups and execution. Operating margins for the first quarter narrowed 30 basis points to 20.8 per cent from 21.1 per cent in the corresponding quarter of the previous year. "We continue to leverage Project Maximus to make investments in strategic priorities to drive profitable growth and enhance shareholder value," said Jayesh Sanghrajka, CFO, Infosys. "Cash flow conversion was well above 100 per cent for the fifth consecutive quarter. The impact of currency volatility was effectively managed through our proactive hedging strategy." Sector wise, growth was driven by the manufacturing sector that grew 5.6 per cent in constant currency and contributed 16.1 per cent to the total revenues for Q1. Financial Services, the largest vertical for Infosys, grew 5.6 per cent annually in constant currency and contributed 27.9 per cent to the total revenues during the June quarter. The voluntary attrition rate on a trailing 12-month basis increased to 14.4 per cent from 14.1 per cent in the preceding three months taking the total headcount to 323,788 as of June 30, 2025. Infosys declared its results on Wednesday after market hours. Ahead of the results, Infosys shares closed up 0.27 per cent at INR 1,574.40 on the BSE.
Entrepreneur
a day ago
- Health
- Entrepreneur
From Misdiagnosis to Mission: How One Man's Ordeal Became a Blueprint for Perseverance
What followed was not just a lapse in judgment; it was a decades-long system failure. Dean became the unseen patient. The ignored anomaly. No one had time to read the story. But like any great founder building something against the odds, he—and his tenacious family—refused to give up. Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. When Dean Gregorie first developed a small hump below his neck at age sixteen, few paid it any mind. His mother, though, saw more. Weight gain. The round face. The bone-deep fatigue. To her, it spelled something far more complex: Cushing's disease. But when she voiced her concerns, doctors smiled politely and waved them off. "Teenagers gain weight," they said. What followed was not just a lapse in judgment; it was a decades-long system failure. Dean became the unseen patient. The ignored anomaly. No one had time to read the story. But like any great founder building something against the odds, he—and his tenacious family—refused to give up. Seeing What Others Miss The early symptoms were dismissed with lazy diagnoses: poor diet, lack of exercise, and normal adolescence. But Helen Gregorie was relentless. She scoured medical journals. Dug through case studies. Her instincts shouted, "Cushing's." But doctors, operating within conventional playbooks, refused to explore a rare diagnosis. In startup parlance, they ignored the outlier data, clinging to averages instead of curiosity. Dean was a patient who was overlooked not because of ambiguity, but because of predictability. If he had been a product, he would've been shut down in beta without anyone reading the specs. The Burn Cost of Delay Over the next two decades, Dean cycled through over fifty medical professionals. His symptoms worsened: purple striations, skyrocketing blood pressure, relentless fatigue. And yet the narrative never changed. "Lifestyle," they told him. Imagine pitching the same idea to dozens of venture capitalists, each one dismissing it for a reason you know isn't true. Dean wasn't lazy or noncompliant. He was fighting a disease no one bothered to look for. Still, he climbed the corporate ladder in the automotive coatings industry. He earned promotions. He delivered results. But his body was breaking. And behind every workday win, there was a night spent battling exhaustion, shame, and the creeping belief that maybe it really was his fault. A Systemic Breakdown By 2013, his body sent a blunt memo: collapse. Dean landed in the ICU with diabetic ketoacidosis. An endocrinologist was consulted, but not to solve the underlying mystery—just the emergency. Despite glaring signs—signs his family had documented in detail—no one ordered a test for Cushing's. Even after introducing a second endocrinologist, even after infections ravaged his system, even as his skin tore in a workplace fall, nothing changed. It wasn't until 2019 that a single primary care physician broke the inertia. He reviewed his whole history, acknowledged the pattern, and ordered the cortisol tests that would finally unveil the truth: Cushing's disease. Twenty-three years after it all began. Recovery Is Not Linear The tumor was removed in 2020. But there was no triumphant return, no swift rebound. Recovery was glacial. Dean's body, once flooded with cortisol, was suddenly starved of it. Cortisol had to be administered by medication. Energy flatlined. Nights stretched long and restless. Then came the back pain, unrelenting and tied to years of untreated structural damage. "There wasn't a morning I woke up feeling better," Dean says. "There were just mornings I woke up and decided to try again." Sound familiar? Founders know this rhythm. Recovery isn't always exponential growth; it's the grind. The grit. The decision to show up despite the metrics still being red. Turning Pain into Platform This book, Surviving Cushing's Disease: A Young Man's Journey, is Dean's first act of advocacy. Not a TED Talk. Not a foundation. Just this: a deeply personal, unapologetic account of what it means to be invisible in a system designed to treat averages, not anomalies. In its pages, the symptoms of Cushing's—unexplained weight gain, thinning skin, recurrent infections—are given shape and language. Not to diagnose, but to awaken awareness. Dean's story is not a callout. It's a call forward. Startups, Survivors, and Second Opinions Entrepreneurs can draw from Dean's journey as much as patients can: Follow the fringe data : When something feels off—even if others don't see it—pursue it. : When something feels off—even if others don't see it—pursue it. Pressure test the system : Experts are invaluable. But they are not infallible. : Experts are invaluable. But they are not infallible. Leverage the pain: Your hardest chapters may become your most powerful pages. Because sometimes, the most resilient visionaries don't wear lanyards or give keynotes. They survive in silence for years. Then one day, they write. And someone else learns how to speak up. Click here for Amazon Website:
Entrepreneur
a day ago
- Business
- Entrepreneur
Rashmika Mandanna Launches Fragrance Brand 'Dear Diary'
Inspired by her popular digital series of the same name, Dear Diary reflects Rashmika's deep belief in the power of fragrance to capture moments and emotions. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Indian actress Rashmika Mandanna has launched her fragrance brand Dear Diary, a personal and emotional olfactory journey inspired by memories, identity, and self-expression. This venture marks a significant step in Rashmika's career as she extends her storytelling beyond the screen into the realm of scent. Inspired by her popular digital series of the same name, Dear Diary reflects Rashmika's deep belief in the power of fragrance to capture moments and emotions. Each scent in the collection draws from her life from the comforting aroma of her mother's body lotion to the earthy essence of Coorg's coffee estates. "For me, fragrance is memory," said Rashmika Mandanna. "Perfumes bring back special moments that might otherwise be forgotten. With Dear Diary, I wanted to give everyone a way to carry their stories with them to connect, to feel comforted, to feel a warm hug, and to express who they are, unapologetically." The brand features three debut fragrances, each drawn from pivotal moments in Rashmika's life. National Crush celebrates her affectionate title from fans with a vibrant, joyful composition. Irreplaceable reflects personal growth and self-worth, inspired by the moment she chose her first tattoo. Controversial channels resilience and the strength to stay kind amid public scrutiny. Dear Diary has been developed in collaboration with The PCA Companies, a global brand accelerator known for their success in the beauty and fragrance industries. Their partnership was key in shaping the brand's identity and ensuring it remained authentic to Rashmika's vision. Crystal Wood, CMO at The PCA Companies, shared, "When we first connected with Rashmika about Dear Diary, we immediately recognised the authenticity of her vision. Her love for fragrance, her gratitude for her community, and her kindness before all shaped a brand that felt honest and powerful." Meticulously crafted using ingredients such as jasmine, pink lotus, sugarcane, lychee, and passionfruit, the fragrances celebrate India's rich olfactory heritage while offering a modern, global appeal. In a fast paced market filled with trends, Dear Diary claims to bring a quiet sense of meaning and connection. The fragrances are now available with prices starting at INR 599.
Entrepreneur
a day ago
- Business
- Entrepreneur
CoinDCX Launches Crypto Recovery Bounty After USD 44 Mn Breach
CoinDCX introduced a Recovery Bounty Program that offers up to 25 percent of any successfully recovered funds as a reward for actionable intelligence leading to the retrieval of assets and identification of the attacker. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Cryptocurrency exchange CoinDCX has announced a major initiative to recover digital assets worth approximately USD 44.2 million stolen in a recent security breach. The company unveiled a Recovery Bounty Program on Monday, offering rewards of up to 25 percent of any successfully retrieved funds to individuals who provide actionable intelligence that leads to asset recovery or the identification of the perpetrator. The potential bounty could reach USD 11 million, making it the largest of its kind in India's crypto sector. The breach targeted an internal operational wallet on the Solana blockchain between July 18 and 20, and was confirmed by the company late Friday. "We are collaborating with exchange partners to block and recover assets," said Neeraj Khandelwal, Co-founder of CoinDCX. "At the same time, we are launching this bounty program to strengthen our defences and reinforce transparency." As of Sunday, CoinDCX reported that a significant portion of the stolen assets appeared to be consolidated in two crypto wallets—one holding around 155,830 SOL (approximately USD 27.6 million) and another containing 4,443 ETH (about USD 15.7 million). The company is working with cybersecurity firms Sygnia, zeroShadow, and Seal911 to investigate the breach. It has also partnered with the Solana Foundation, Superteam, and bridge infrastructure providers Wormhole and deBridge to support asset recovery efforts. CoinDCX emphasized that no customer funds were affected in the incident. The compromised wallet was reportedly used solely for internal operations and was managed through a partner exchange. The firm is now inviting ethical hackers, white-hat researchers, and cybersecurity experts to join the recovery effort. Contributions will be assessed based on credibility and potential impact, and participants can contact the company via the dedicated email address provided. Blockchain security firm Cyvers reported that the attacker made off with funds denominated in USDC and USDT. While CoinDCX has not officially confirmed the total stolen amount, the figure aligns with Cyvers' analysis. The breach mirrors a similar incident involving rival exchange WazirX last year. On July 18, 2024, WazirX launched a global bounty program offering up to USD 23 million to help retrieve USD 234 million in stolen crypto. Despite the effort, only about USD 3 million of the assets were frozen, with the remainder laundered through crypto mixers. CoinDCX's new program highlights a growing reliance on community-led initiatives to combat crypto-related cybercrime.
Entrepreneur
2 days ago
- Business
- Entrepreneur
Non-Voice Roles Take Over Voice Roles in BPM Sector: CIEL Report
About 74 per cent of the total open jobs are roles in non-voice, KPO, and emerging tech; Voice roles are down to 26 per cent. Attrition is the highest in voice-based roles (30-35 per cent), driven by limited career growth and rigid schedules You're reading Entrepreneur India, an international franchise of Entrepreneur Media. India's business process management (BPM) sector is undergoing a profound transformation, according to the latest research report released by CIEL Works, part of leading HR firm CIEL HR Services. The report highlights a significant evolution in job profiles, geographical distribution, and talent strategies across the industry. The report states that voice-based roles in the BPM sector are steadily declining, now making up just 26 per cent of active job openings. Hiring is increasingly skewed towards non-voice, KPO, and emerging technology roles, which together account for 74 per cent of current opportunities. The emerging tech segment is experiencing exponential growth, with related roles nearly doubling year-over-year. This transition is being driven by rapid digital transformation across sectors like BFSI, healthcare, and retail, which is fuelling demand for BPM services powered by analytics, AI, and automation. This shift in hiring patterns is also reflected in attrition trends across the BPM sector. Voice-based roles are experiencing the highest attrition, ranging from 30–35 per cent, largely due to non-standard shift patterns, rigid schedules, and limited career growth, with average tenures lasting just 8–10 months. These roles are typically filled by younger professionals aged 20–24, who often view them as short-term opportunities. Commenting on the study, Aditya Narayan Mishra, Managing Director and CEO, CIEL HR, said, "India's BPM industry is undergoing its most defining shift in decades, one that is moving the sector from a cost-efficient voice model to a capability-led one. Traditional roles are losing relevance, and the next wave of growth will be led by professionals who continuously invest in upgrading their capabilities. As this sector continues to evolve, organisations that can effectively leverage the expanding talent pools in tier-II cities while adapting to the changing role mix will be best positioned for success." Tier-II Cities Emerge as Strategic Talent Hubs One of the most compelling trends identified in the report is the strategic shift of operations from tier-I to tier-II cities, with Jaipur, Mysuru, and Coimbatore emerging as significant talent hubs. Tier-II cities are steadily gaining market share, particularly in digital-enabled roles. Mysuru has established itself as a prominent center for emerging technologies, positioning itself as a GenAI cluster. Jaipur demonstrates particular strength in voice and non-voice roles, while Coimbatore exhibits balanced capabilities across all categories. Other tier-II cities are also carving out specialised niches. Kochi has surpassed Mysuru in analytics density, while Bhubaneswar is gaining ground in KPO (21 per cent). Despite traction from tier-II cities, Bengaluru continues to maintain leadership in voice, non-voice, and KPO segments, but ceded share in emerging tech to Hyderabad. Gender disparity increases with technical complexity and specialisation, with female representation lowest in emerging tech (23 per cent) and highest in voice (38 per cent). Emerging tech shows the lowest entry-level composition (20 per cent), indicating the specialised nature of these roles and higher experience requirements. Growth forecasts for 2025 show a clear trend toward hiring more experienced professionals across all job profiles, with the highest growth rates in senior and leadership bands. KPO leadership roles (13+ years) show the strongest projected growth (15 per cent), indicating investment in senior professionals.
