Startups that became unicorns in 2024 took an average of nine years and six months to reach $1 billion valuation, reflecting the impact of a prolonged funding squeeze from PE/VC firms over the past few years.
BITS has produced 10 startup unicorn founders in the US.
Ashok Vaswani, a banker with more than three-and-half decades experience in building and scaling up businesses across consumer and corporate banking and payments, will be the next managing director (MD) and chief executive officer (CEO) of Kotak Mahindra Bank. Last week, the Reserve Bank of India (RBI) had given its approval to Vaswani's appointment. Vaswani is currently President of Pagaya Technologies, a US-Israeli artificial intelligence (AI) fintech firm, which he joined in June 2022.
The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021 with one half to David Card "for his empirical contributions to labour economics" and the other half jointly to Joshua Angrist and Guido Imbens "for their methodological contributions to the analysis of causal relationships". Card is the Class of 1950 Professor of Economics at the University of California, Berkeley and Director of the Labor Studies Program at the National Bureau of Economic Research. Angrist is an Israeli American economist and Ford Professor of Economics at the Massachusetts Institute of Technology. Imbens is Professor of Economics at the Stanford Graduate School of Business since 2012. After earning his Ph.D. from Brown University in 1991, he taught at Harvard University, UCLA, and UC Berkeley.
In the technology (tech) world, especially storage, Sanjay Mehrotra is a well-known name. Co-founder of SanDisk, a flash memory storage company in 1988, it was eventually acquired by Western Digital in 2016 for a whopping $19 billion. For a boy from Kanpur, who went on to pursue higher studies in the US, becoming the chief executive officer of Micron Technology, Inc - one of America's largest memory chip makers - and now setting up the company's first plant in India, it has been quite a ride.
Delhi born and schooled Nand Mulchandani, who has more than 25 years of experience in Silicon Valley and at the Pentagon, has been appointed as the Central Intelligence Agency first-ever Chief Technology Officer.
This is the first time the Stanford Graduate School of Business has revoked a graduate's degree.
"Indian slums are incredibly productive," said Saumitra Jha, assistant professor of Political Economy at the Stanford Graduate School of Business.
Foreign investors don't like policy uncertainty and reversibility, says Anusha Chari.
According to the recently released global MBA rankings of Financial Times, the Indian Institute of Management-Ahmedabad at number 11 and Indian School of Business, Hyderabad at number 20 are the only two schools that find a place in the top 100.
Entrepreneurship is the single-most sought after business subject across the world for ambitious students. Those who want to learn more about starting a business from the ground up can learn at the top institutions across the world.
China may be the home to a rising number of billionaires but the growth of middle class, the main requisite for its social stability, remained sluggish due to concentration of money in just one per cent of wealthy Chinese, a top economist said.
Economist Jessica Seddon Wallack says many opportunities exist outside the government, but the government must make sure people are ready and able to seize these opportunities.
Asia Graduate School of Business in association with Fisher College of Business and Tianjin Polytechnic University announces two postgraduate programmes at AsiaGS, Hyderabad commencing September 2008.
Given their stability, the rupee and the renminbi (Chinese currency) -- when made convertible -- could well emerge as substitute currencies which countries will hold their reserves, stated Raghuram Rajan, Economic Advisor to the Prime Minister and Professor of Finance at the Chicago Graduate School of Business, on Wednesday.
Dr Srikumar Rao, work-place happiness guru, on why 'positive thinking' is overrated.
Nandini Piramal, heir apparent to the Piramal business empire as the elder child of Ajay Piramal and Swati Piramal, became the executive director of Piramal Healthcare in April this year. A 29-year-old graduate from Hertford College of Oxford University, with an MBA from the Stanford Graduate School of Business, she joined the firm in 2006 as a General Manager and has been closely associated with the company's overseas subsidiaries in the US and Canada.
The right policy response to global price increases is not straightforward. The draft report is wide-ranging in its scope, and it attempts to provide a coherent, integrated view of financial sector reforms that would equip India's financial sector to support growth, widen financial access and maintain stability over the next decades. The report is being released for public discussion at a critical juncture in both the domestic and global economy.
An interview with Suresh Ramanathan, teacheer, consumer behavior and advanced marketing strategy at the Graduate School of Business, University of Chicago.
The Asian Institute of Management invites applications for its Master in Business Administration and Master in Management programmes under its Washington SyCip Graduate School of Business.
The Indian Institute of Management-Bangalore and Graduate School of Business, Stanford University will sign a memorandum of understanding to facilitate exchange of business and management strategies.
Being developed on a 14-acre site at Ghatkesar on the outskirts of Hyderabad, AsiaGSB will entail an investment of Rs 25 crore (Rs 250 million) in the first phase and Rs 50 crore (Rs 500 million) over the next two to three years. The B-school is expected to start operations from mid-2008.
The city will soon have a new graduate school of business for women who wish to start their own businesses or help run their family business.
While Google's phenomenal growth may by the envy of many, Microsoft Corp CEO Steve Ballmer criticised the Internet company for trying to grow too fast.
Only time will tell whether an individual like Rajan would be able to influence the manner in which the Fund looks at the rest of the world, especially developing countries.\n\n
An exclusive interview with Dr Raghuram Rajan, who has just been appointed Chief Economist at the IMF.
Eminent Indian-origin academician Srikant Datar has been named as Dean of Harvard Business School, succeeding Nitin Nohria and becoming the second consecutive dean hailing from India to lead the prestigious 112-year-old institution. Datar, an alumnus of University of Bombay and Indian Institute of Management, Ahmedabad, is the Arthur Lowes Dickinson Professor of Business Administration and the senior associate dean for University Affairs at Harvard Business School (HBS). He will assume charge as the school's next dean on January 1, president Larry Bacow said.
Jyotiraditya Scindia, the grandson of the late Vijaya Raje Scindia, quit the Congress on Tuesday along with 22 MLAs, putting the 14-month-old Kamal Nath-led government in deep crisis. "His grandmother Vijaya Raje, once a close confidant of Prime Minister Jawaharlal Nehru, the great grandfather of Rahul Gandhi, had started her political innings in 1957 from the Congress. However, she left the party in 1967.
Announcing her appointment, IMF Managing Director Christine Lagarde hailed the Mysore-born Gopinath as "one of the world's outstanding economists with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience".
Obama is likely to choose either "trailblazer" Srinivasan or Merrick Garland as his pick for the Supreme Court nominee and could announce his decision early Thursday morning (IST).
Take a look at the annual US News and World Report's 2016 business school rankings.
Reminders of God can make people more likely to seek out and take risks, according to a new research.
Find out if your favourite business school features in the list.
Sri Srinivasan could become the first Indian-American to be on the bench of the US Supreme Court.
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