Latest news with #Nikunj
Time of India
02-08-2025
- Business
- Time of India
Techie feels the best companies are dictatorships. Netizens react: ‘Dude has no idea…'
A tech professional who transitioned into entrepreneurship unexpectedly became the subject of online mockery after a controversial LinkedIn post of his went viral. The post, which quickly made its way to the popular subreddit LinkedIn Lunatics, attracted widespread ridicule for its glorification of authoritarian leadership styles. The entrepreneur, Nikunj K , appeared to equate successful leadership with rigid control, using a dramatic workplace anecdote to support his claims. In his now-infamous post, Nikunj recounted an incident from a product review meeting. His team had painstakingly prepared a detailed Product Requirements Document (PRD) over several weeks. But when the company's founder entered the room, he barely glanced at the document. Without engaging in any real discussion, the founder walked to the whiteboard, sketched out three rectangles, connected them with arrows, and then left the room as abruptly as he had entered. The moment left the team confused and demoralized. Despite the effort invested in the PRD, it was cast aside in favor of a spontaneous idea. Explore courses from Top Institutes in Please select course: Select a Course Category Others MCA healthcare Digital Marketing Cybersecurity Public Policy Finance Artificial Intelligence PGDM Data Analytics Leadership others MBA Project Management Data Science Degree Data Science Product Management Management CXO Technology Healthcare Operations Management Design Thinking Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details As the project manager, Nikunj was left to translate this minimalist sketch into a complete product. This situation, instead of frustrating him, became an epiphany. He concluded that truly successful companies don't operate as democratic entities. Instead, he believed they thrive under top-down, uncompromising leadership—a structure resembling an autocracy rather than a cooperative. Nikunj used this story to draw a broader lesson: in his view, great organizations aren't built through consensus but by enforcing singular visions. He compared such leaders to legendary figures like Brian Chesky and Jensen Huang—individuals known for their bold goals and exacting standards. According to Nikunj, many professionals hope to be part of revolutionary companies but also want workplace comfort, flexible hours, and freedom from pressure. However, he argued, these expectations are contradictory. Visionary leaders often demand sacrifice and discipline, not leniency. To him, employees must make a choice: either align themselves with demanding founders who resonate with their own ambition or take the plunge into entrepreneurship and create their own version of a company-led empire. However, not everyone received his message positively. Reddit users were quick to respond with criticism and satire. One person remarked that what Nikunj called 'dictatorship' was more accurately described as 'leadership' or 'decisiveness,' while another mocked the overly dramatic tone of the post, likening it to fiction where the narrator casts themselves as a dictator rather than an inspiring leader. Another critic pointed out that Nikunj seemed to misunderstand the actual implications of a dictatorship. "Dude has no idea what dictatorship actually means lol," said another. In the end, what Nikunj may have intended as a bold commentary on leadership was interpreted by many as a glorification of authoritarianism—and the internet was not kind in its response.
Hindustan Times
27-06-2025
- Hindustan Times
Muktsar cracker factory blast: Four weeks on, cause of explosion still unknown
Four weeks after five migrant workers were killed and 27 others sustained injuries due to a blast at an illegal cracker factory at a Muktsar village, the cause of the explosion is still unknown as forensic experts have not submitted the analysis report. Four weeks after five migrant workers were killed and 27 others sustained injuries due to a blast at an illegal cracker factory at a Muktsar village, the cause of the explosion is still unknown as forensic experts have not submitted the analysis report. (HT File) Investigators said on Thursday that a resident of Shamli in Uttar Pradesh, Nikunj Goyal, has been identified as the main supplier of the raw material used in the cracker production unit located at Fatuhiwala village. They said that as Nikunj is evading arrest, it is not known how he procured a huge volume of explosives and other material used in producing firecrackers. Muktsar superintendent of police (investigation), Manmeet Singh Dhillon, said that Nikunj supplied the material through a Karnal-based middleman, Prashant Goyal. Dhillon, who is heading a special investigation team (SIT) to probe the matter, said Nikunj has been nominated in the crime and coordinated efforts are on to arrest him. He said that they are awaiting a forensic report to ascertain the cause of the fatal accident. 'Prashant hails from Assandh in Karnal, and he provided the explosive materials used for cracker production in Muktsar. Factory owners Tarsem Singh and his son, Navraj Singh, had tied up with Prashant to get raw material to start a fireworks factory without obtaining authorisation from the district administration. Besides these three, labour contractor Raj Kumar has already been arrested,' said Dhillon. Police officials said that the fatal mishap could have been caused by a short circuit in the electrical supply at the unit or human error. 'When the explosion occurred on May 30 at 2 am, rain and thunderstorms were reported in the area. There is also a chance that climatic conditions played a role in the explosion at the highly inflammable work station, which was built without safety arrangements,' said an official privy to the probe. Official sources said that no major sign of fire was spotted at the mishap spot. Victims belonged to Uttar Pradesh and they were hit when a blast ripped through an illegal firecracker manufacturing and packaging unit and brought the two-storeyed building down located in the fields. The blast occurred in one of the rooms in the factory, leading to the roof collapse. Most of them had joined work less than a fortnight before the mishap and they were hired by the labour contractor, Raj Kumar, a native of Hathras, UP. As per the information, the accused, Tarsem, unsuccessfully tried setting up a poultry farm and then an RO (reverse osmosis) water treatment plant. After failing in both ventures, he started the firecracker factory. According to the deputy commissioner, Abhijeet Kaplish, the accused had applied to obtain a licence for running a cracker manufacturing unit in March. The permission was not granted as the stringent safety clearance was not accorded to him, the DC added.
Time of India
26-06-2025
- Business
- Time of India
PB Fintech block deal may stir short-term volatility, long-term story intact: Hemang Jani
"Talking specifically about PB Fintech , the stock has gone through a large correction over the last, let us say, about six-eight months or so, but as a concept we do like platform companies," says Hemang Jani , Independent Market Expert. Firstly, wanted to touch upon PB Fintech , that is one of the stocks that going to be in focus today. As per sources the block deal will be there wherein Yashish Dahiya likely to sell around 5 million shares at a price of Rs 1800. If you can give us some sense that how do you see this particular deal to happen, coming at this time wherein recently such deals were not taken that positively by the markets, case in point being Dixon Tech ? Hemang Jani: Yes, clearly, when the market sentiment is so good and when the indices are at all-time high or somewhere there actually, obviously there is going to be a temptation on the part of the promoters and some of the private equity investors to take out some profits off the table. And I do not see necessarily that as a bad thing, only thing is that the short run if the fund raise quantum is on a larger size, it could put some pressure on the liquidity, but not a bad thing per se in the current scenario. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo Talking specifically about PB Fintech, the stock has gone through a large correction over the last, let us say, about six-eight months or so, but as a concept we do like platform companies. We do think that going ahead something like PB Fintech or some of the other platform companies are better placed in the current scenario. So, not a short-term view there, but from 12 months or beyond I definitely think that PB Fintech will be one stock that one could definitely have because of the niche offering that they have in insurance and other related products. Yesterday on the show we were having a very interesting conversation where Nikunj was pointing out how the cement space has underperformed what Nifty has done in the last 10 years. If you take a look at it from a broader perspective, do you believe that cement has what it takes to outperform the Nifty going ahead? Hemang Jani: Cement is extremely well placed because of the underperformance that it had over the last two-three years. Most importantly, if you see at the industry level, there is a massive consolidation and there are two major players who have emerged. If you look at the numbers, I think operating profit per tonne across majority of the companies is looking quite strong and the fact that a crude price has actually come off to whatever they are at right now, surely will have some sort of a positive rub off. Live Events The only thing is that typically in the monsoon period there is a little bit of low activity, so this quarter per se in terms of volume growth may not be great, but from a 6 to 12 months perspective names like UltraTech , some of the southern companies because remember in south India the overall demand-supply situation is better and the pricing environment is much better, so something like Cement, Sagar Cement these are the better ones compared to some of the north or northwest based companies. So, defence stocks may be expensive, but looking at how the lay of the land and global war diplomacy and supremacy is changing, defence has a long way to go. Hemang Jani: I think the way the geopolitics has played out in the last, let us say, one year or so, there is going to be a massive budget that will be thrown at defence be it Eurozone, US of course, Middle East, India, China. So, definitely this theme is going to be very big and remember that while we are all talking about increased budget and all that, the Indian defence budget and the size of the Indian companies is not even $2 or $3 billion. I was looking at the data and some of the companies in Europe or US in terms in terms of their top line is about $40, $50, $60, billion. Theme is playing out very well both globally and in India. So, there are very few companies who have that kind of a product range to offer where there is a large part of which is going to be put out there. So, I definitely think that maybe Bharat Electronics , HAL , some of the private names in the defence are extremely well placed.
Economic Times
26-06-2025
- Business
- Economic Times
PB Fintech block deal may stir short-term volatility, long-term story intact: Hemang Jani
"Talking specifically about PB Fintech, the stock has gone through a large correction over the last, let us say, about six-eight months or so, but as a concept we do like platform companies," says Hemang Jani, Independent Market Expert. ADVERTISEMENT Firstly, wanted to touch upon PB Fintech, that is one of the stocks that going to be in focus today. As per sources the block deal will be there wherein Yashish Dahiya likely to sell around 5 million shares at a price of Rs 1800. If you can give us some sense that how do you see this particular deal to happen, coming at this time wherein recently such deals were not taken that positively by the markets, case in point being Dixon Tech? Hemang Jani: Yes, clearly, when the market sentiment is so good and when the indices are at all-time high or somewhere there actually, obviously there is going to be a temptation on the part of the promoters and some of the private equity investors to take out some profits off the table. And I do not see necessarily that as a bad thing, only thing is that the short run if the fund raise quantum is on a larger size, it could put some pressure on the liquidity, but not a bad thing per se in the current scenario. Talking specifically about PB Fintech, the stock has gone through a large correction over the last, let us say, about six-eight months or so, but as a concept we do like platform companies. We do think that going ahead something like PB Fintech or some of the other platform companies are better placed in the current scenario. So, not a short-term view there, but from 12 months or beyond I definitely think that PB Fintech will be one stock that one could definitely have because of the niche offering that they have in insurance and other related products. Yesterday on the show we were having a very interesting conversation where Nikunj was pointing out how the cement space has underperformed what Nifty has done in the last 10 years. If you take a look at it from a broader perspective, do you believe that cement has what it takes to outperform the Nifty going ahead? Hemang Jani: Cement is extremely well placed because of the underperformance that it had over the last two-three years. Most importantly, if you see at the industry level, there is a massive consolidation and there are two major players who have emerged. If you look at the numbers, I think operating profit per tonne across majority of the companies is looking quite strong and the fact that a crude price has actually come off to whatever they are at right now, surely will have some sort of a positive rub off. The only thing is that typically in the monsoon period there is a little bit of low activity, so this quarter per se in terms of volume growth may not be great, but from a 6 to 12 months perspective names like UltraTech, some of the southern companies because remember in south India the overall demand-supply situation is better and the pricing environment is much better, so something like Cement, Sagar Cement these are the better ones compared to some of the north or northwest based companies. ADVERTISEMENT So, defence stocks may be expensive, but looking at how the lay of the land and global war diplomacy and supremacy is changing, defence has a long way to go. Hemang Jani: I think the way the geopolitics has played out in the last, let us say, one year or so, there is going to be a massive budget that will be thrown at defence be it Eurozone, US of course, Middle East, India, China. So, definitely this theme is going to be very big and remember that while we are all talking about increased budget and all that, the Indian defence budget and the size of the Indian companies is not even $2 or $3 billion. I was looking at the data and some of the companies in Europe or US in terms in terms of their top line is about $40, $50, $60, billion. Theme is playing out very well both globally and in India. So, there are very few companies who have that kind of a product range to offer where there is a large part of which is going to be put out there. So, I definitely think that maybe Bharat Electronics, HAL, some of the private names in the defence are extremely well placed. (You can now subscribe to our ETMarkets WhatsApp channel)
