Latest news with #Mumbai-based
Time of India
12 minutes ago
- Business
- Time of India
Good salaries, flexible hours — yet employees kept quitting. Mumbai-based founder fired 3 people. Internet supports her decision
1. Got a physical office 2. Proactive pay hikes 3. Random treats, no reason needed 4. Public appreciation over private praise 5. Quick decisions, high standards 6. Hired for passion, not just CVs Internet reacts When Vedika Bhaia, a Mumbai-based founder, noticed a worrying pattern of employees quitting every month, she was stumped. Her agency offered everything young professionals typically dream of — solid salaries, remote flexibility, and team perks. Yet, people kept walking out the door. That's when she had a hard realization: The problem wasn't the ones who left. It was the ones who a now-viral LinkedIn post , Vedika candidly shared how she took a radical step — firing three underperformers in the same month — and saw retention rise. While it may sound counterintuitive, the results spoke for themselves. But that wasn't all. She backed this bold decision with six intentional changes that reshaped her company culture from the inside out. Here's what she did:Remote work seemed ideal at first, but something was missing — energy. Having the team together again brought back the unspoken magic of spontaneous jokes, shared wins, and everyday than waiting for employees to ask for raises, Vedika began rewarding high performance before it was expected. The message? Good work doesn't go unnoticed at her cream on Tuesdays. Surprise lunch on Fridays. These little moments of delight made the team feel valued in more human someone nailed a project or exceeded expectations, Vedika celebrated it openly with the whole team. Because recognition feels different when everyone hears stopped tolerating mediocrity. A one-to-two warning rule was put in place. 'Keeping low performers around kills everyone else's motivation,' she began prioritising enthusiasm and hunger over polished resumes. 'They could have a side hustle for all I care,' she wrote, 'as long as there's passion and hard work.'Since making these changes, not only has retention improved, but morale, performance, and team spirit have gone up too. Her closing question to fellow founders: 'What did you do to help team retention?'Several users praised Vedika Bhaia's honest and bold approach, agreeing that all six of her points made perfect sense. Many noted that letting go of low performers while valuing and appreciating the rest of the team can significantly boost both morale and retention. Some appreciated her transparency, highlighting that few leaders openly discuss what happens after hiring. Others emphasised that setting clear standards and genuinely caring for team members are often what define a strong culture — even if it means making tough decisions along the way.
Zawya
2 hours ago
- Business
- Zawya
India's June gold imports fall to two-year low as record price dents demand
India's gold imports in June fell 40% from a year ago to their lowest level in more than two years, as a price rally to a record high sapped demand, a government and two industry officials told Reuters. Imports to India, the world's second-largest gold consumer, fell to 21 tons, the lowest since April 2023, said a government official, who declined to be named as he was not authorised to talk to the media. In value terms, gold imports fell to $1.84 billion in June from $2.48 billion a year ago, the official said. In the past decade, on average, India imported 52.4 tons of gold in June. In the first half of 2025, India's gold imports fell 30% from a year ago to 204.1 tons, the lowest since the first half of 2020, when the COVID-19 outbreak led to lockdown, the trade ministry data showed. The rapid surge in prices has been discouraging retail buyers from making jewellery purchases, said Ashok Jain, proprietor of Mumbai-based gold wholesaler Chenaji Narsinghji. Domestic prices hit an all-time high of 101,078 rupees per 10 grams in June. Gold prices have risen 27% so far this year after rising 21% in 2024. Gold imports would remain subdued even in July, as demand is still tepid because of higher prices, Jain said. Silver imports in June nearly doubled from a year ago to 197 tons, but were significantly lower than the 544 tons imported in May, the government official said. In recent months, Indian investors, traditionally obsessed with stockpiling gold, are increasingly turning to silver , as its returns this year outpaced those of gold. (Reporting by Rajendra Jadhav Editing by Ros Russell)
NDTV
2 hours ago
- Automotive
- NDTV
Maharashtra Deputy CM Eknath Shinde Takes Ride In Tesla Model Y: Watch Video
Tesla made its official debut in India with the inauguration of its first showroom in BKC, Mumbai. The US-based EV maker has also launched the Tesla Model Y. Welcoming the brand, Maharashtra's CM inaugurated the showroom yesterday and said that it is an important event in Maharashtra as Tesla has established its first showroom in the state. Tesla Model Y While the official inauguration event was reserved for the media on invite. It is today that the Mumbai-based Tesla showroom has welcomed the Maharashtra Deputy CM Eknath Shinde as their VIP guest. Recently, we came across a video that shows Shinde taking a joy ride outside Vidhan Bhawan, Mumbai, in a Tesla Model Y. The Deputy CM is accompanied by Transport Minister, Pratap Sanaik. The particular model driven by Shinde was a Tesla Model Y Pearl White Multi-Coat. View this post on Instagram A post shared by NDTV (@ndtv) After his joy ride in the newly launched Tesla Model Y, Eknath Shinde highlighted that it is a big deal that Tesla has opened its showroom in Mumbai, which is in a state with the highest foreign direct investment. Adding further, he said that the city has good infrastructure, and investors are ready to invest in the industry-friendly state. Talking about the details, the Tesla Model Y has been launched in India at a starting price of Rs 59.89 lakh (ex-showroom). It has two variants in the Indian market- RWD (rear-wheel drive) and long-range RWD versions of the vehicle, starting from 67.89 lakh (ex-showroom).
The Hindu
2 hours ago
- Entertainment
- The Hindu
This new book by Sona Bahadur delves into the history of India's favourite 11 dishes
Sona Bahadur says the world is divided into those who cook, and those who taste. 'I'm definitely in the latter camp.' The Mumbai-based author and journalist has a career in food writing spanning decades. With her latest book, An Invitation to Feast: A Deep Dive into India's Culinary Treasures (Aleph Book Company)she takes a look at 11 of India's beloved dishes; where they come from, their local variations and who are the experts behind them. It is a travelogue, recipe book, and personal record, all rolled into one. 'This book is a living history of Indian food,' she says. 'People proved to be my greatest resources for research. For each chapter, I reached out to veterans who mentored me (Chef Natarajan in Chennai, Ashish Bhasin in Delhi, and Ranveer Brar in Mumbai, to name a few). Friends and fellow food journalists connected me to local experts in various destinations, who helped me plot my itineraries.' After a brief prologue, the book is divided into chapters about each dish: biryani, butter chicken, Goan fish curry, dhansak, undhiyu, smoked pork and others. Sona narrowed down 11 dishes from the country and began research on each through travel, books and interviews. 'I must also mention the exceptional books we have on the Indian cuisine by the likes of K T Achaya, Colleen Taylor Sen, Lizzie Collingham, and others.' 'Every chapter is peppered with humour. Rasgulla was the most fun to explore. It was absolute untamed joy to OD on sweets round the clock armed with the excuse of 'research.' I also had a blast at the big fat undhiyu party hosted by Mumbai's cocktail queen Shatbhi Basu,' she shares. Food as cultural soft power While the book is an interesting read for the history and the anecdotes, Sona also makes a larger point about using Indian cuisine to project our soft power globally. 'France woke up early in the game to the potency (and marketability) of its cuisine by projecting gastronomy as being at the very heart of its national identity,' she says in the book. Indian needs to elevate its culinary discourse and verbalise its appeal. 'I strongly believe we can become a far more influential nation by projecting our cuisine as soft power. Food is the cornerstone of our culture. There is massive worldwide interest in Indian food currently. We must seize the moment by portraying and marketing our cuisine more strategically.' She feels food-related initiatives thus far have been limited and fallen short in projecting Indian cuisine as exceptional. 'Consider the 2024-25 best cuisine rankings of the experiential travel guide, Taste Atlas. Greek cuisine was ranked as the world's best, whereas India was at 12, trailing behind Italian, Mexican, Spanish and Portuguese food. We didn't even make it to the top 10! The story of Indian food does not end with spices and curry. It is time we took stock of our vast and rich culinary heritage. My book is a tiny step in this direction.' An Invitation to Feast is published by Aleph Book Company. It is priced at ₹899. Available online and in bookstores
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Business Standard
2 hours ago
- Business
- Business Standard
Gold imports in June fall to two-year low as record price dents demand
India's gold imports in June fell 40 per cent from a year ago to their lowest level in more than two years, as a price rally to a record high sapped demand, a government and two industry officials told Reuters. Imports to India, the world's second-largest gold consumer, fell to 21 tons, the lowest since April 2023, said a government official, who declined to be named as he was not authorised to talk to the media. In value terms, gold imports fell to $1.84 billion in June from $2.48 billion a year ago, the official said. In the past decade, on average, India imported 52.4 tons of gold in June. In the first half of 2025, India's gold imports fell 30 per cent from a year ago to 204.1 tons, the lowest since the first half of 2020, when the Covid-19 outbreak led to lockdown, the trade ministry data showed. The rapid surge in prices has been discouraging retail buyers from making jewellery purchases, said Ashok Jain, proprietor of Mumbai-based gold wholesaler Chenaji Narsinghji. Domestic prices hit an all-time high of 101,078 rupees per 10 grams in June. Gold prices have risen 27 per cent so far this year after rising 21 per cent in 2024. Gold imports would remain subdued even in July, as demand is still tepid because of higher prices, Jain said. Silver imports in June nearly doubled from a year ago to 197 tons, but were significantly lower than the 544 tons imported in May, the government official said. In recent months, Indian investors, traditionally obsessed with stockpiling gold, are increasingly turning to silver, as its returns this year outpaced those of gold.
