They don't bargain and make us suffer 😭

Corporate Ambanis

Category Manager

Corporate Ambanis- Grapevine

Welcome to Indian Startups's Private Community

Was reading a thread where people were saying don't be in shock if Ambani/Reliance starts making move after RBI's action on Paytm. I initially thought it to be a meme. Now I am just curious. 

Is the system really fair to allow such moves by the rivals after penalising them?
Or is the system that rigged to make sure their friends can get all the business to technically get the favors, funds, etc? 
Any thoughts on this? 
Whether is it too cruel and unfair that system just can't come into action to stop such moves otherwise how the startups anyway could rival the innovation that happens in the West if our own system anyway is there to cripple in such scenarios or do you think it's all fair in the name of business (you donot follow regulations, you will have to suffer eventually)? 
PS:- This is just to have a healthy discussion without any biases intended, with no political agenda in mind. I hope you'll keep the discussion healthy and interesting. 
Picture source:- stocktwits(ig)

Is system really fair? Thoughts on JioFin acquiring Paytm Wallets biz.

Product Engineer

Just wanted to give some updates now that it has been 1 month since the last post

1) Senior Leadership from Tech (3) , a senior director from Product , Finance Head have all resigned. Strategy team has been dissolved. 
2) There are more people in the pipeline and will get more clarity by month end.
3) Everyone over the CTC of 60 lakh has been asked about the revenue that they bring in and based on that, their position is being reconsidered.
4) All contract workers have been terminated. Interns have been told that they won't be receiving PPOs.
5) Senior Management Has been asked to take 20% paycuts. 
6) Even at Junior level, people have been asked to take pay cuts or resign.
7) Lots of tools used in tech are being removed and AWS subscription has also been revised.


Meanwhile HRs have been celebrating on slack channels that Yubi has been ranked in Top 25 companies for career development :/

Rampant Negativity at Yubi Part 2

Growth Manager

If there is one thing you can learn from Ambani’s wedding, it’s the fact that money is the only objective measure of power and influence in this world.

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The biggest rivals politically, share the stage and greet each other 
The biggest rivals in cricket, dance with each other
The biggest rivals in cinema, greet each other 
The biggest rivals within family, help each other 
The biggest rivals in business, hug each other 

-

You should strive to make as much money as you possible can because money is power. You don't do it for pleasure; you do it because that's how you win. You do it because in this ruthless world, being on top is the only safe place to be. Money is your shield and your weapon, and without it, you're nothing.

-

You make as much money as possible because, let's face it, money's fun. It's the key to all the cool stuff—power, parties, private jets, you name it. Sure, it's also about proving yourself and not being the screw-up everyone thinks you are, but mainly it's about the thrill. Making money means you're in the game, you're relevant, and you can do whatever the hell you want. 

-

Plus, it gives you the leverage to tell people to screw off and actually get away with it. So, yeah, stack that cash and enjoy the ride.

-

You make as much money as possible because it’s your ticket to security and status. In this family and in this world, wealth is what keeps you safe and respected. It’s about climbing the ladder and proving you belong at the top, even if you weren’t born into it. With money, you gain leverage, influence, and the ability to protect yourself in a cutthroat environment. Plus, it doesn’t hurt to enjoy the finer things and have a buffer against the chaos that comes with being alive in this world. 

-

You make as much money as possible because it’s about breaking boundaries and redefining what’s possible. It’s not just about the money—it’s about the disruption, the innovation, and staying ahead of the curve.

-

Continued in comments

Make money! As much as you possibly can!

Ambani's wedding is a display of the heights of income inequality in India.

Product Manager

Consultant

Welcome to Confessions's Private Community

Before I start my ranting, I am happy for Anant getting married and having the fun of his life. I hope and pray for him to have a happy life. 

I have the following concerns 
1. Excessive media and PR coverage all events 
2. Deliberate flooding of content trying to set narratives for Anant’s generosity in building a zoo in a geographically irrelevant area and abusing animals by putting them in a zoo with adverse climate 
3. Excessive wedding events including Rihanna, beiber etc which could have a been private events 

This just makes me wonder, if this is the beginning of the fall of Mukesh Ambani. In south India, showing off wealth in a very abrasive public manner is considered to bring ill will and downfall. 

I wonder why the wedding couldn’t have been a private event for all their invitees. I don’t intend to morally police or demean their celebrations. 

Anyways, maybe I’m just too poor to comprehend the richest man of India.

Anant Ambani Wedding extravaganza!

Bro, you are earning. Shouldn't you just be grateful that you are not born in war torn Afghanistan or disease ridden Africa. I mean life could be so much worse. In fact, the only difference between you and the office boy is the household you were born in. If that office boy was born in your home, he probably would be as successful as you. 

You already won the lottery. Why not just do your part and pay the income tax so that the tax money can be used to provide a better life to those who are unprivileged.

I am not excusing the corruption in the system but just find the cribbing unbearable 

Just be greatful

Why do people keep ranting about income tax

Oh, I thought this must be some smart argument, the moment I read “difference between you & the office boy is the household…”.  
  
 No bro, it’s no so simple. People work hard to make a living. People crib about taxes because some of us are paying ‘first world rates with third world facilities’. Only single digit % of population is bearing the load of rest-of-population. Even corporate tax rates are < Salary tax rates.

Software Developer

Welcome to News Discussion's Private Community

- The wedding of Mukesh Ambani's son, Anant Ambani, will halt traffic in Mumbai for four days.
- Roads near the Jio World Convention Centre will be restricted to event vehicles from July 12-15.
- The event will feature international and Indian VIPs, including celebrities and business elites.
- Pre-wedding celebrations included performances by Justin Bieber and Rihanna, and a luxury European cruise.
- Social media is buzzing with complaints from locals about the disruption and special treatment.

Ambani Wedding to Snarl Mumbai Traffic

Journalist

Welcome to Office Gossip's Private Community

I’ve always had this question on why Indians are very stingy when it comes to paying money for premium products. I agree there are Indians especially in the young generation who aren’t shy from spending for quality products but the masses are still stuck in the bargaining or cheap mindset. 

When we look for cars the first thing we probably check is kitna mileage dega ?

When we look at a premium product we compare it to a copy or a product that does not offer the same quality or service that a premium product offers. 

What are the reasons to it and when or how can we come out of it. This is one of the reasons we have got the “slave / miser ” label outside our county and why we’ve got weak passports which make it difficult to take a vacation like citizens of other countries .

Why are Indians still stuck in the freebie or cheap mentality ?

UX/UI Designer

Assistant Manager

Adani switched side ?

Software Engineer

Power of Money

Chartered Accountant

Now why everyone is talking about benefits of working from office?
I saw post from Sunil Shetty on linkedin.

My take is, when pandemic hit companies asked employees to WFH to keep wheel rolling.
Now we know WFH can give greater control over personal and professional life(at least for me) we don’t want to go back to office.

In my opinion corporate want us to work from office cause,

- they can control our time, 9hrs in ofc, you are getting paid for time not skills.
- they want to show who is the boss here.
- Learning is key reason for WFO, bullshit, we have a lot of learning portals and traffic time can be used to learn but it is never a intention.

What you guys think?

WFH vs WFO

WFO- if you’re at entry level/early days of your career 
 WFH- works for mid- senior folks

Strategy & Operations

Network Administrator

Welcome to Software Engineers's Private Community

Have lately been exploring switching out from Uber to early stage startups. Exploring founding engineer roles / CTO roles with people I know well

The worst of it has been just the fact that our salaries are hard to match (even with Cash + ESOP, no matter what you do)

Like I know you need to be okay with less cash. But I now feel that it’s such a jump down, I wonder if it makes sense.

And then this feeling forever makes me averse to trying out something big, risky, bold.

It’s a catch-22 situation lol

Uber feeling like a CTC trap and it is ruining my life

Security Engineer

I’ve done business with both Indian clients as well as International clients and I’ve found that dealing with Indians regardless it being vendors , govt officials or clients and customers it’s always a hassle and their thought process is kinda backwards or they just act very stingy and keep bargaining regardless if it’s a fruit vendor or a company. 

I understand negotiations are a part of business but there’s a place and time for that. I feel like Indians don’t care about quality they just want cheap.

Why are Indian consumers so annoying

The reason behind Paytm downfall

Just wanted to know why and how come our companies have horrible WLB and cultures compared to western counterparts. Is it the fault of the employees for accepting whatever and acting like sheep or is it just the mindset of the senior management to treat their subordinates the same horrible way they were treated as some sort of sick rite of passage ?

Why do Indian Companies / Indian management have horrible work life balance and cultures compared to others  ?

How shameless can WITCH be?

AI Engineer

Welcome to Business Roles's Private Community

GV nerds kept fighting that tech jobs are secure and ireplaceable. 

2d back, i said to someone that u r safe until a senior intern(workex with low pkg) or AI can't replace u...saw that happening...swiggy replacing sdes 1-4 by ase from witch and senior interns.

🚀 If I would have been the CEO...I will charge a bit extra for swiggy one, raise few inr on platform fees and keep those employees safe. ( I got free swiggy one subscription from last 1y) 

Employees should be like family else why will anyone join them again? Put yourself in laid off employees with huge emis of home, car and may be Europe tour. They should provide therapy alongwith 3-6m severance also.

We have 100 people in TG group, can trend a hashtag like #DontJoinSwiggy at 9pm if all agree.

TG link - https://t.me/+GXhFavV_o78yMmE1

Corporate Ambanis

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