Latest news with #MukeshJindal
Time of India
8 hours ago
- Business
- Time of India
Amid heavy Mumbai rains, finance professional braves flooded roads and soaked shoes for a meeting and reveals what inspires him about the city
A finance expert became the subject of ridicule on the popular subreddit Indian Workplace after one of his LinkedIn posts gained traction for the wrong reasons. His attempt to glorify Mumbai's resilience during monsoon downpours was met with mockery, particularly because of the way he framed and presented his message. The Viral LinkedIn Post Dr. Mukesh Jindal, a financial professional, uploaded a photograph of himself on the waterlogged streets of Mumbai, holding an umbrella, and praised the determination of city dwellers who continue their daily grind despite the chaos caused by heavy rains. He described Mumbai as a city that refuses to stop, lauding its people for displaying grit and consistency regardless of rain, floods, or traffic disruptions. According to him, the city teaches a lesson of perseverance as millions, including himself, still push forward to attend meetings and keep businesses running despite the stormy conditions. "Mumbai doesn't stops. No matter what the challenge is—heavy rains, waterlogging, or traffic jams—India's financial capital keeps moving forward. What inspires me the most is the spirit of its people. Come rain or shine, Mumbaikars make sure the city stays alive and active..." he wrote on LinkedIn. Reddit Users Call Out the Irony The post, however, did not land as intended. Reddit users quickly dissected the photograph and message, pointing out the impracticality of wading through flooded roads in expensive clothes and shoes just to prove commitment. One commenter ridiculed the act, questioning why someone would deliberately soak themselves and ruin costly work attire instead of choosing simpler alternatives like taking a taxi, metro, or even working from home. Another expressed relief that their own seniors encouraged remote work, noting that such decisions were far more reasonable than risking health and belongings in extreme weather. Criticism of Work Culture The mockery extended beyond the picture went deeper, arguing that India's corporate culture tends to normalize unnecessary hardships, glorifying the ability to endure government inefficiencies rather than challenging them. Broader Reflections on Office Attendance During Rains Several voices on the thread criticized senior management for expecting employees to physically commute in hazardous weather conditions. They emphasized the unfairness of managers with private cars judging juniors who rely on buses, trains, or motorcycles to get to work. The insistence on physical presence, they argued, reflects an outdated obsession with attendance that ignores the practical difficulties employees face during monsoon chaos. The Takeaway What began as an attempt to celebrate Mumbai's resilience instead ignited debate about misplaced priorities in corporate culture. Rather than being inspired, many saw the post as tone-deaf, highlighting how glorifying unnecessary struggle only reinforces unhealthy workplace expectations.
Mint
9 hours ago
- Climate
- Mint
Man hails Mumbai spirit, braves waterlogged streets to reach office: Social media reacts, ‘Stop glorifying this facade'
A Mumbai resident and Alpha Capital senior partner shared a post on social media showing his diligence and commitment to work despite heavy rainfall and IMD's red alert. Undeterred by inclement weather conditions and knee-deep rainwater, he decided to head for a meeting on August 18. Praising the lively spirit of the financial capital on India in a LinkedIn post, Mukesh Jindal said, 'Mumbai doesn't stops. No matter what the challenge is—heavy rains, waterlogging, or traffic jams—India's financial capital keeps moving forward.' Commending Mumbai's spirit he said, 'Come rain or shine, Mumbaikars make sure the city stays alive and active. Today, even amidst the downpour, I'm on my way to the meeting—and so are millions of others who keep this city's heartbeat strong.' He added, 'That's the lesson Mumbai teaches us every day: resilience, consistency, and the will to keep moving.' Mixed reactions flooded social media as some users suggested that one should stop glorifying Mumbai facade while others suggested that the metropolis needs better governance to minimise the inconveniences. A user wrote, "We really need to stop glorifying this "spirit of mumbai" facade. The only thing this picture signifies is poor infrastructure and development of something which has been happening since decades." Another user remarked, "City should be better governed to minimize the inconveniences." A third user said, 'What a bad example people like you are putting out into the world. Please ask for better drainage and standard of living rather than sharing motivational posts while half submerged in water…. ashamed of such pitiful condition of our financial capital.' Journalist Priyanka Sambhav expressed gratitude and said, 'So glad that on such a day too you kept the promise of doing a show with your is one with me for your commitment.' A fifth user on Reddit reacted, 'First question, why? Second, why do you take a pic AND WET YOUR PANTS? You're ruining your shoes, pants, socks, possibly other clothes in collateral, and being proud about it. You're genuinely killing your clothing like this. 3-4k pants, 6-8k shoes (judging purely by age/designation, etc.) I'm sure you'd have enough money to take a cab/auto/metro/local whatever, anything.' 'Genuinely glad my seniors said, "wfh, no need to come to office" and I think that is the most appropriate response. Honestly," a sixth user expressed happiness over orders dismissing office attendance. A seventh comment read, "As a Mumbai corporate majdur guys pls don't do this, take wfh if you really can. I know "not all offices" but genuinely try if you can."
Time of India
23-06-2025
- Business
- Time of India
What $100 crude oil means for India: Market & sectoral outlook with Dr Mukesh Jindal
Live Events Current Account Deficit (CAD) increases by 0.5% Fiscal deficit rises by 0.3% Inflation and currency pressure mount Includes exchanges, AMCs, wealth managers, depositories Supported by India's long-term financialization and digitalization trends Sector expected to grow 20–25% annually for the next decade (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel As global tensions rise and crude prices swing, how should Indian investors read the market? In this exclusive chat with ETMarkets' Neha Vashishth, Dr. Mukesh Jindal of Alpha Capital explains what's driving the volatility, which sectors to watch, and why domestic investors now hold the real power in Indian few weeks were critical. The Iran-Israel conflict unexpectedly disrupted the strong rally we've seen since April 7. Over the last two months, markets surged 15–20% due to factors like the Trump tariff issue easing, RBI and global rate cuts, and strong capex push by the Indian the Iran-Israel crisis came as a surprise and could have far-reaching consequences. Iran is the fifth-largest crude oil producer. A prolonged conflict could impact crude prices, which directly affects emerging markets like India, where we import 80% of our crude crude oil crosses $90 or shipping in the Persian Gulf is blocked, we could see prices spike to $100. So far, Brent is near $75-80. It has risen 30% since April and 10% last week alone. Historically, markets react sharply in the initial days of a crisis but tend to bounce back, if the conflict doesn't escalate are tragic, but one sector that gains from geopolitical tensions is defence. In India, defence stocks have surged, the defence index is up 50% in 3 months and 4x in the last 2 government's push for domestic defence manufacturing is key. We've moved away from heavy imports to building our own systems. Defence exports are rising, and there's global demand for Indian missiles and the only challenge is valuation; the defence index trades at a PE of 75. So, I'd recommend looking at this sector for the long term and using corrections as entry Paints , Tyres: Crude is a key raw oil companies (like BPCL, Indian Oil ), Margins get oil companies (like ONGC ) benefit as selling prices & IT: These are export-oriented. A weaker rupee makes them attractive. Pharma also remains defensive in The repo rate is now at 6.25%. This was a surprise — the market expected only a 25 bps cut. RBI had been hawkish for too long, keeping rates high even as inflation was falling. Now, with CPI at just 2.82%, there's room for more – Lending becomes cheaper; credit growth improvesConsumers – Loans for housing and personal needs increaseHowever, some caution:NIMs (Net Interest Margins) may and personal loans show rising NPAs. RBI has flagged to strong private banks and NBFCs with healthy balance sheets and low NPAs. Valuations are still attractive in parts of this out for:Airlines, tyres, paints, and margins get hit when crude crosses $ crude stays below $80, the impact is and profit growth have competition from private/unlisted brands is hurting listed FMCG disruption in two-wheeler and four-wheeler Ola Electric's struggles after early a selective investment The dynamic has changed drastically in the last 10–15 years. Earlier, markets were FII-driven. Now, mutual fund SIPs, around ₹27,000 crore/month, are the 'hand of God' for Indian in volatile domestic participation, expected to last for the next 10–15 fact, if SIP flows weren't so strong, the market might have corrected 40–50% between Oct 2024 and Feb 2025, when FIIs sold ₹3 lakh crore. But we only saw a 15% equity mutual fund AUM as % of GDP is just 7%, compared to 30% globally, and 72% in the U.S. The runway for growth is we must keep an eye on:US deposit rates are ~4.5%, dollar borrowing costs ~9–10%.This hurts exports, FII inflows, and global cuts globally will be crucial for is the world's 5th-largest oil the conflict escalates, oil supply disruptions could spike prices, hurting global fears have eased, but 10% base tariffs continues as Trump's policy direction is index has fallen from 110 to 98.A weaker dollar supports emerging markets like India.: I would have picked defence, but current valuations (PE of 75) are my top pick is Capital Markets:With RBI cutting rates and FD returns going down, more money will flow into equities. Capital market companies are positioned to benefit massively.
