Mohandas Pai News

Companies

Allow 25-35 % IT staff to work from campuses: Mohandas Pai asks govt

The IT sector veteran says government must allow critical staff to work by remaining in their campuses because they have to maintain the systems of the clients worldwide

1 min read24 Mar 2020
Companies

Infosys troubles: Mohandas Pai says company should stop resorting to rhetoric

The comments come in the wake of the scrutiny at Infosys following yet another whistleblower allegation on the veracity of the accounts Ask him or ask god...investors can draw their own conclusions: Mohandas Pai

1 min read21 Nov 2019
Industry

IT companies may shed 30,000-40,000 mid-level staff: TV Mohandas Pai

The former Chief Financial Officer of IT major Infosys Ltd termed these job losses as once-in-five-years normal phenomenon with maturing of the industry Pai said about 80% of those who lose jobs would have employment opportunities in industries in general if they are specialists

1 min read18 Nov 2019
News

Govt needs to draw up norms to have control over Google, Facebook, Twitter: Pai

'They have access to a lot of information, they are repository of information, and they have to tell all of us how they are going to protect the information from malware or any technology that can snoop on us,' he said Privacy cannot be protected by contract with these companies, said the former Infosys CFO

1 min read4 Nov 2019
News

India has wage problem, not job problem: Mohandas Pai

Former Infosys CFO said a lot of ₹10,000- ₹15,000 low paid jobs being created do not find favour with degree holders Pai suggested that India adopt the Chinese model of opening up labour-intensive industries and building infrastructure near coasts

1 min read16 Jun 2019
Companies

Mohandas Pai-backed 3one4 Capital to raise ₹350 crore for new fund

The firm is managed by Pranav and Siddarth Pai, sons of former senior Infosys executive T.V. Mohandas Pai Continuum I, the venture capital (VC) firm’s third fund, will invest selectively in growth stages of 3one4’s portfolio companies

2 min read6 Feb 2019
Industry

ToneTag raises up to $10 million from Amazon, Mastercard, others

The start-up facilitates on-delivery payments and peer-to-peer transactions, and works with over 300,000 merchants

1 min read30 May 2018
Companies

Mohandas Pai, Ranjan Pai acquire minority stake in realty start-up Maia Estates

Led by Mayank Ruia, part of the Ruia family that promotes The Phoenix Mills Ltd, Maia Estates will launch its first high-end residential project by March-end

2 min read13 Mar 2018
Companies

India to have 1 lakh startups by 2025: Mohandas Pai

T.V. Mohandas Pai says startup ecosystem will facilitate creating $10 trillion economy in India by 2030

1 min read27 Feb 2018
Companies

Budget 2018: Govt to devise better regulation in start-up funding, says Arun Jaitley

The government will devise better regulations to govern angel and venture capital investments in start-ups, finance minister Arun Jaitley said but stopped short of announcing specific policies

1 min read1 Feb 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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