Latest news with #Y2K
Business Standard
a day ago
- Business
- Business Standard
Indian Growth Story Fuelled by IT: Ashish Chauhan, MD and CEO, National Stock Exchange in a Podcast with Kailash Adhikari, MD, Sri Adhikari Brothers
NewsVoir Mumbai (Maharashtra) [India], May 30: NSE (National Stock exchange) managing director and CEO, Ashish Kumar Chauhan has said that India is the IT capital of the world and its growth story is fuelled by technology. "With two crore to three crore IT jobs in India which no one in the world has the capability and expertise for these jobs, today India is the world's IT capacity centre. 2000- 3000 global IT companies have their IT base in India." Chauhan was in a Governance Now podcast with Kailash Adhikari, Managing Director, Sri Adhikari Brothers. In 1994, he said, during the IT (information technology) programming boom NSE set up India's first digital public infrastructure enabling trading through satellite. This brought huge confidence among the Indian public and engineers. Later, during Y2K (Year 2000) many small companies would get their engineers to NSE to showcase India's capabilities and they also bagged big contracts. That was the time of IT dawn when India took a huge leap forward, he added. "Today technology is our fuel and India is the IT capital of the world. Technology has brought biggest shift and change in the world." Watch the full conversation in our latest episode: Today, there are two crore to three crore IT jobs in India and no one in the world has the capability and expertise to do these jobs. India is the world's IT capacity centre with 2000- 3000 global IT companies having their base here. Indian technology companies like TCS today has over 7 lakh employees while Infosys has more than 5 lakh employees, he said. Chauhan iterated that when it comes to technology, it has played a huge role in India's growth story. Today, India is the world leader in Technology. "When it comes to Technology India is the world leader. Technology has played a huge role in India's growth story. A society that adopts IT will progress." While speaking on India's service economy Chauhan said India is a powerhouse of service sector with a well established services sector ecosystem. He said the service sector does not require any inputs unlike the manufacturing sector which is dependent on raw material. Further speaking on India's resilient economy Chauhan explained that India's total exports today stand at $700 - $800 billion with almost the same amount it imports. This he said, includes net services of $200 -$250 billion and $125-$150 billion of remittances. "So our balance of payments is in surplus since last 4-5 years. This is the reason for our strength and abilities as we are frugal and produce high quality work in cost effective manner." "Now with iPhones going to be manufactured in India, servers and electronic chips too will be made in India. Be it Microsoft or Google, they get their AI work done from our people. 80% of Microsoft windows parts are manufactured in India. We have the best and most capable engineers and manpower and we deliver the best practises at affordable rates. Today we have good roads and logistics," he said adding that as many as 1000- 200000 technology experts from 3000 big global companies today are working in India. He further added that as compared to earlier, today the waves of technology are occurring at faster speed and will generate much more wealth in the world in the next 50 years. He termed the coming era of technology as 'Capitalism without Capital' and said technology does not require heavy infusion of capital like manufacturing. Responding to a question on NSE launching SME Exchange and its role in future Chauhan, who is the former MD and CEO of Bombay Stock Exchange said, in 1994, India did not have more than 10 lakh investors, today we have 11 crore investors from Ladakh to Andamans and Nicobar, Arunachal Pradesh to Dibrugarh to Jorhat to Dwarka. Out of 19400 Pin Codes in India, only 28 Pin Codes do not have investors. India's entrepreneurs are the trust and strength of NSE 25% investors are women and every 1 out of 5 households today (11 Cr people) are investing in NSE. He further said that said that any businessman, entrepreneur or industrialist who wants to grow can come to NSE and find their partners in big or small companies. He added that 600 companies that have raised capital in the last 10 years have now entered the main board. 'These companies have earned the trust of investors. Indian's are very hardworking and the world is taking note of that' he said. Chauhan noted that Markets bring transparency in the system and act as disinfectant. "The stock market capital of Rs 3. 80 lakh Cr in 1994, today stands at Rs 4.40 lakh Cr. This never happens in a low per capita income country and here India is an outlier. This is created by the trust that investors have in the transparency of the markets.'' "NSE acts as a catalyst for Indian economy. NSE receives more than Rs 2000Cr worth orders daily within 6 hours. Within 100 microseconds we respond and shares traded are reflected in investors accounts the very next day" said Chauhan, who is also known as the father of modern financial derivatives in India.
Graziadaily
a day ago
- Entertainment
- Graziadaily
This Unexpected '90s Fashion Trend Is Back - And Better Than Ever
When it comes to fashion trends, it's no secret that what goes around comes around – and there's no better proof of that than the nineties and late noughties, home to some of the most coveted sartorial resurgences we're seeing today. From gingham and plaid skirts à la Rachel Green and Clueless , to the return of low-rise jeans, there's no shortage of vintage-style staples that blend nostalgia with contemporary style. One of the most romantic and playful resurgences? The babydoll dress. Once strictly reserved for nightwear, this loose-fitting silhouette has been endorsed by the likes of Sabrina Carpenter, as well as high fashion labels such as Emilia Wickstead, Chloé, and Loewe – the latter even showcasing mini babydoll dresses at the Spring/Summer 2025 runway shows. But we're not here to talk frocks – we're here to talk about the cropped, modern version: the babydoll top. And there's one in particular leading the charge on the high street: the Abercrombie & Fitch Sheer Babydoll Cami. 1. Abercrombie & Fitch, Sheer Babydoll Cami - Snake Print Shop the popular A&F cami that perfectly encapsulates the '90s. Much like any babydoll top (which typically features a peplum or shift hemline) the Abercrombie top has quickly become a fashion insider favourite, thanks to its on-trend silhouette and breezy wearability for the warmer months. Available in a range of designs and colour ways, including classic black and white, it's the snake print version that's truly flying off both the virtual and in-store shelves. Not only does it embrace the babydoll resurgence, but it also taps into another kitschy yet chic Y2K revival – snake print. While the see-through material of the babydoll top might suggest it's best suited for more glittering occasions, its versatility means it can easily be adapted for more casual off-duty styling. For daytime, consider layering a thin black cami underneath for extra coverage (although you might want to skip the layers altogether during the warmer months) and pair it with your favourite pair of jeans for a relaxed look. When it comes to the evening, simply ditch the cami and let the top shine on its own, styling it with the same trusted denim and elevating the outfit with a pair of kitten heels, perfect for date nights. Of course, with any trending staple, the high street offering seldom disappoints. While Abercrombie's selection has quickly gained traction among those looking to tap into the babydoll revival, there's no shortage of other gems to be found, from H&M to Nobody's Child to name a few. Shop the rest below - including the other Abercrombie & Fitch versions. 2. Abercrombie & Fitch, Babydoll Top - Black Lace Alternatively, opt for the chic black lace iteration for nights out. 3. Abercrombie & Fitch, Babydoll Top - White Lace Choose the white version for summer days out. 4. Nobody's Child, Blue Camille Cami Top From the Poppy Delevingne X Nobody's Child collection, shop a light blue babydoll top with lace detailing. 5. Second Female, Babydoll Top Price: £93 Available to shop from Anthropologie, this babydoll top will keep you cool during even the hottest days. 6. Damson Madder, Amaya Blouse Damson madder knows a thing or two about a viral blouse - and the Amaya is no exception. Image credit: @vivianeaudi and @viviannn_v Emma Richardson is a fashion commerce writer for Grazia. She covers shopping, lifestyle, celebs and anything trending .
Yahoo
a day ago
- Business
- Yahoo
What it's like watching your company be acquired for $8 billion—20 years after leaving
In 2004, after cofounding and leading data management company Informatica for 12 years, Gaurav Dhillon stepped away from the company for good. This week, now roughly 20 years later, Informatica was acquired by Salesforce in an $8 billion deal. 'It's deeply satisfying,' said Dhillon. 'When you look back at it and now see all these people on LinkedIn who have Informatica skills, it gives me a thrill—even though [my current company] SnapLogic is a competitor now. There's a certain amount of sibling rivalry, where you have an older sibling and a younger sibling, and you can never be older than your older brother. But you can provide interesting, new products and sometimes be more successful.' Informatica's last two decades have been complicated. Started in 1993 and going public in 1999, Informatica was a Y2K darling that by the mid-2000s was struggling to find its future. Dhillon left over strategic disagreements with the board, believing Informatica's technology was falling behind, especially amid the shift to cloud-based solutions. After walking away in 2004, he founded competitor SnapLogic in 2006. Meanwhile, Informatica had a string of owners. In 2015, Permira and the Canada Pension Plan Investment Board bought Informatica for about $5.3 billion, and then the company went public again in 2021. There were rumors around a possible Salesforce acquisition last year that crystallized into this week, when Informatica became the latest purchase in Salesforce's string of deals. (Earlier this month, Salesforce announced plans to acquire There's tension in how Dhillon feels about the subject—gratitide for the runaway early success that shaped his life, and a nagging sense that things could have turned out differently. 'On one hand, we have this $8 billion outcome that's satisfying,' said Dhillon, who has no stake left in Informatica. 'On the other hand, who's buying who, right? I mean, I was one of Marc [Benioff's] first public company customers when he was starting Salesforce back in the day. So, you really have to continually double down on market opportunities to go forward. And this is what Informatica stopped doing that later led to the private equity years.' Dhillon's SnapLogic—whose backers over the years include Andreessen Horowitz, Floodgate, and Sixth Street Growth—is fashioned as a direct competitor to Informatica. (On its website, there's copy that reads: 'We left Informatica. You can, too.' The company raised its most recent funding round of $165 million in 2021 at a $1 billion valuation.) A lesson Dhillon brought to SnapLogic: Continuous innovation is essential. 'If you use the filter of 'We'll for sure make money in this fiscal year' to say yes or no to projects, you're going to run out of innovation,' he said. 'It's only a matter of time.' Ultimately, Dhillon told Fortune that he doesn't regret leaving Informatica behind. 'If you're graced with some success early in life, you have choice,' he said. 'And when we have choice, we have to engage passionately with big problems.' Sometimes, said Dhillon, a clean break is all you need. He thinks back to that point of no return, 20 years ago. 'We had recruited an Oracle executive on the board,' said Dhillon. 'And he said, 'Gaurav, make a clean break. It's probably the most difficult thing you can do for a while. But it's the best thing you can do, instead of hanging around as chairman. If they're going to do a clean reset and start to cash cow the business, let them do it.' And I'd worked 12 years of Sundays—I was ready to take a break.' Dhillon did, taking a year off learning Spanish at a university in Buenos Aires. And then he started over. See you Monday, Allie GarfinkleX: @agarfinksEmail: a deal for the Term Sheet newsletter here. Nina Ajemian curated the deals section of today's newsletter. Subscribe here. This story was originally featured on Sign in to access your portfolio
Metro
a day ago
- Entertainment
- Metro
TV fans can't stop watching controversial show's new season despite 'hating it'
Fans of a controversial reboot of one of the biggest shows of the Y2K era can't stop watching its new season despite it driving them mad. And Just Like That – which is available on Sky, NOW and Apple TV Plus in the UK and has just returned for season 3 – is a continuation of the iconic 90s series Sex and the City, starring Sarah Jessica Parker. Revolutionary for its time and inspired by a real-life relationship column, the groundbreaking show followed the love lives of four women living in New York City. As well as starring Sarah as Carrie Bradshaw, it also made TV legends of Cynthia Nixon, Kim Cattrall, and Kristin Davis, who played main characters Miranda, Samantha, and Charlotte respectively. Sex and the City came to an end in 2004 after six seasons, but two films (in 2008 and 2010) provided what fans thought would be the final chapter. However, in 2021, And Just Like That gave fans more of the Sex and the City content they'd been craving – but maybe not always in the way they'd hoped for. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Since its first episode, And Just Like That has received a mixed reception from fans and critics, with some slamming the writing and plot decisions along the way. Two popular characters from Sex and the City – Chris Noth's John 'Big' Preston and the late Willie Garson's Stanford Blatch – were written off instantly in ways that upset fans. And the big kicker for fans of the HBO series was that Kim wouldn't reprise her role as Samantha, only appearing as a guest star in a single episode of season two. However, the new series has developed a reputation for its serious and unwavering commitment to camp, and for really leaning into its melodramatic elements, which some fans can't get enough of. And Just Like That returned with season three on Thursday night, picking up after Carrie and Aidan (John Corbett) agree to put their relationship on hold for five years . On X, @CaseyLeeMoore summed up fans' irrational attachment to the show by jokingly recalling an interaction they'd had with their roommate earlier that night. '[My roommate asked] 'I thought you hated this show – why do you keep watching it?' [and I said] 'You just don't get it…'' using a clip of Carrie from the show to explain why they couldn't tear themselves away. @DramaBananna commented: 'Carrie is the friend that got completely annoying and you can't stand anymore, but you keep meeting her because you used to love and will always love her.' Though she's insufferable and sadly, nothing attaches you to her no more.' @Key9481 complained, 'Poor Charlotte and Miranda, their storyline keep getting worse and worse,' after asking earlier, 'Why is everybody singing? What is going on?' However, some Sex and the City fans are happily along for the zany ride, with @CanIScreamNow saying: 'I've just watched the first episode of series 3 and didn't want it to end! From SATC to AJLT, it never ever disappoints.' @RankedReal was excited too, despite being unable to love the show: 'Unbelievably excited that my favourite hate watch is back, hello lover!' On Reddit, user Cityofooo said that watching a scene that depicted Miranda kissing another character while Carrie sat nearby was 'like being held hostage'. Viewers are also addicted to dissecting the fashion disasters some of the characters are put through, with last night's episode providing a comically large hat and a necklace made entirely of large wicker balls. Upon seeing the necklace in question, @D1g1cxlt asked: 'What the hell is that woman wearing? Like girl, this is the one thing Anna Wintour told you to take off!' More Trending And Just Like That also features actors who made their names in Sex and the City and have reprised their roles years later to remain a part of Carrie, Samantha, Charlotte, and Miranda's stories. Evan Handler has returned as Charlotte's husband Harry Goldenblatt, while David Eigenberg has returned as Steve Brady, Miranda's love interest during parts of Sex and the City. In terms of new members of the main cast, Sarita Choudhury plays Seema Patel, a realtor who becomes friends with Carrie after she sells Carrie's old apartment. View More » And Just Like That is available to watch on Sky, NOW and Apple TV Plus in the UK. Got a story? If you've got a celebrity story, video or pictures get in touch with the entertainment team by emailing us celebtips@ calling 020 3615 2145 or by visiting our Submit Stuff page – we'd love to hear from you. MORE: The White Lotus fans terrified season 4 will be delayed after major announcement MORE: WWE champion Lyra Valkyria reveals star's horror injury was 'worst she's ever seen' MORE: The new Harry Potter child stars have confirmed my worst fears
Fashion Value Chain
2 days ago
- Business
- Fashion Value Chain
Indian Growth Story Fuelled by IT: Ashish Chauhan, MD and CEO, National Stock Exchange in a Podcast with Kailash Adhikari, MD, Sri Adhikari Brothers
NSE (National Stock exchange) managing director and CEO, Ashish Kumar Chauhan has said that India is the IT capital of the world and its growth story is fuelled by technology. Indian growth story is fuelled by IT: NSE's Ashish Chauhan tells Kailash Adhikari 'With two crore to three crore IT jobs in India which no one in the world has the capability and expertise for these jobs, today India is the world's IT capacity centre. 2000- 3000 global IT companies have their IT base in India.' Chauhan was in a Governance Now podcast with Kailash Adhikari, Managing Director, Sri Adhikari Brothers. In 1994, he said, during the IT (information technology) programming boom NSE set up India's first digital public infrastructure enabling trading through satellite. This brought huge confidence among the Indian public and engineers. Later, during Y2K (Year 2000) many small companies would get their engineers to NSE to showcase India's capabilities and they also bagged big contracts. That was the time of IT dawn when India took a huge leap forward, he added. 'Today technology is our fuel and India is the IT capital of the world. Technology has brought biggest shift and change in the world.' Watch the full conversation in our latest episode: Today, there are two crore to three crore IT jobs in India and no one in the world has the capability and expertise to do these jobs. India is the world's IT capacity centre with 2000- 3000 global IT companies having their base here. Indian technology companies like TCS today has over 7 lakh employees while Infosys has more than 5 lakh employees, he said. Chauhan iterated that when it comes to technology, it has played a huge role in India's growth story. Today, India is the world leader in Technology. 'When it comes to Technology India is the world leader. Technology has played a huge role in India's growth story. A society that adopts IT will progress.' While speaking on India's service economy Chauhan said India is a powerhouse of service sector with a well established services sector ecosystem. He said the service sector does not require any inputs unlike the manufacturing sector which is dependent on raw material. Further speaking on India's resilient economy Chauhan explained that India's total exports today stand at $700 – $800 billion with almost the same amount it imports. This he said, includes net services of $200 -$250 billion and $125-$150 billion of remittances. 'So our balance of payments is in surplus since last 4-5 years. This is the reason for our strength and abilities as we are frugal and produce high quality work in cost effective manner.' 'Now with iPhones going to be manufactured in India, servers and electronic chips too will be made in India. Be it Microsoft or Google, they get their AI work done from our people. 80% of Microsoft windows parts are manufactured in India. We have the best and most capable engineers and manpower and we deliver the best practises at affordable rates. Today we have good roads and logistics,' he said adding that as many as 1000- 200000 technology experts from 3000 big global companies today are working in India. He further added that as compared to earlier, today the waves of technology are occurring at faster speed and will generate much more wealth in the world in the next 50 years. He termed the coming era of technology as 'Capitalism without Capital' and said technology does not require heavy infusion of capital like manufacturing. Responding to a question on NSE launching SME Exchange and its role in future Chauhan, who is the former MD and CEO of Bombay Stock Exchange said, in 1994, India did not have more than 10 lakh investors, today we have 11 crore investors from Ladakh to Andamans and Nicobar, Arunachal Pradesh to Dibrugarh to Jorhat to Dwarka. Out of 19400 Pin Codes in India, only 28 Pin Codes do not have investors. India's entrepreneurs are the trust and strength of NSE 25% investors are women and every 1 out of 5 households today (11 Cr people) are investing in NSE. He further said that said that any businessman, entrepreneur or industrialist who wants to grow can come to NSE and find their partners in big or small companies. He added that 600 companies that have raised capital in the last 10 years have now entered the main board. 'These companies have earned the trust of investors. Indian's are very hardworking and the world is taking note of that' he said. Chauhan noted that Markets bring transparency in the system and act as disinfectant. 'The stock market capital of Rs 3. 80 lakh Cr in 1994, today stands at Rs 4.40 lakh Cr. This never happens in a low per capita income country and here India is an outlier. This is created by the trust that investors have in the transparency of the markets.' 'NSE acts as a catalyst for Indian economy. NSE receives more than Rs 2000Cr worth orders daily within 6 hours. Within 100 microseconds we respond and shares traded are reflected in investors accounts the very next day' said Chauhan, who is also known as the father of modern financial derivatives in India.
