Post on 06-Dec-2019
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THE ECONOMIC TIMES
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BIG SHOTSETTING GOALS
Barcelona’s match winner Sergi Roberto cuts a stylish
figure in designer casuals just a few hours before a historic
performance at the Camp Nou. Barcelona overturned
a 0-4 first-leg deficit against Paris Saint-Germain with a 6-1
demolition in the second leg. Roberto scored the sixth goal
in the dying minutes, which ensured Barcelona’s progress
to the next round
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businessinsider.in
You’ve just splurged on the latest iPhone 7. Now give it a makeover.
Luxury fashion house Louis Vuitton has debut-ed a new product called the Eye-Trunk, which is a leather iPhone 7 case designed to pay tribute to the company’s origins as a trunk designer.
But outfitting your phone in couture will cost you: The lowest-end case costs more than $1,100, while the priciest version will set you back wel l over $5,000.
The Eye-Trunk in “pre-
cious Golden Crocodile leather” retails for $5,050 to $5,500.
But if that’s a bit out of your price range, there are a few more options in the $1,000 range: The tradi-tional Monogram version costs $1,180 for an iPhone 7 and $1,250 for an iPhone 7 Plus.
T her e’s a Mono g r a m E c l i p s e v e r s i o n , t o o : a bl ack a nd g r ey ver -sion with the company’s famous logo.
Unfortunately, the Eye-Trunk is not available on-line just yet — for now, it says to call the company for more information.
HAUTE CASE: A $5,000 makeover for your iPhone The leather phone covers by the luxury fashion house
pay tribute to the company’s origins as a trunk designer
$5,000
businessinsider.in
Nathan BlecharczykAge: 32Estimated wealth: $3.8 billionThe Harvard gradu-ate was working as a product manager at Microsoft when his former roommate Joe Gebbia recruited him to co-found Airbnb. As the current CTO, he led the company’s recent push into Cuba.
Patrick CollisonAge: 27Estimated wealth: $1.1 billionThe cofounder of Stripe, a US-based technology company, dropped out of MIT to partner with his brother John and pursue an entrepreneur-ial path. Their start-up was most recently valued at $5 billion.
Sachin BansalAge: 35Estimated wealth: $1.4 billionIn 2007, Bansal teamed up with Binny Bansal to co-found Flipkart
as an online seller of books. Today, it’s one of the top internet retailers in India, with around 30 million products and at least 44 million registered users.
Mark ZuckerbergAge: 32Estimated wealth: $56.7 billionThe Facebook co-fou nder a nd CEO became the youngest s e l f - m a d e billionaire in history at age 23, thanks to Facebook’s I P O . T o d a y , Zuckerberg and his wife Priscilla are
the ninth wealthiest couple in the world and philanthropists.
Dustin MoskovitzAge: 31Estimated wealth: $10.9 billion
The Facebook cofounder was the company’s first CTO. He left to launch Asana in 2008 with fel low Facebooker Justin Rosenstein, but Moskovitz sti l l holds a
significant stake in the company.
Evan Spiegel Age: 26Estimated Wealth: $5.5 billionSnap cofounders Evan Spiegel and Bobby Murphy added a combined $2.8 billion to their fortunes last week through their IPO — and became the only self-made billion-aires in the world under the age of 30 to own a publicly traded company. Spiegel founded Snapchat in 2011
while at Stanford University. The app allows its users to send dis-appearing images and videos to friends or post them for 24 hours on their public profile.
Ryan GravesAge: 33Estimated wealth: $1.58 billionRyan Graves was the first employee hired at Uber, the ride-hailing ser-vice. In August 2016, Graves stepped down from his role as president and replaced by Jeffrey Jones. He, how-ever, was stayed on at Uber as the company’s “resident entrepreneur and builder”.
They made their moneySome take decades, while some strike gold at a tender age. Take a look at some of the youngest self-made billionaires ruling the corporate world today
How ‘Attila the Hun’ changed Mahindra’s business approachrashmi.menon@timesgroup.com
The adage goes: every cloud has a silver lining. And Anand Mahindra has found one to US President Donald Trump’s new US work visa regulations, which have made even the best of Indian tech stocks tumble and fumble.
The executive chairman of the Mahindra Group, however, looks at it as a big opportunity. “This is a cli-ché, but any disruption or discontinuity is an opportu-nity,” Mahindra said during the recent NASSCOM event.
He spoke from experience — one of his companies had tackled a similar crisis a few decades ago. Tech Mahindra was earlier called Mahindra British Telecom, “which, ironically, was started back in 1985. So, we were one of the pioneers,” Mahindra said.
Describing the company as a sweatshop, Mahindra said the company gradually started to diversify its custom-er base and working in areas that TCS, Infosys and Wipro are active now.
“We sti l l had British Telecom as a large client and then they got this particu-larly forceful CIO who was given a mandate to cut cost,” Mahindra said. “We had 70:30 ratio of offshore and on-shore business [at the time]. He said, “I want it to be 90:10 in six months’. We looked at him as if he was Attila the Hun. He didn’t understand business; was completely unreasonable and had a personal agenda. We were forced to do it.”
Today, Mahindra said, they look at the CIO with gratitude. “What he did com-pletely changed our model of business and lowered our costs dramatically,” he said.
“We are talking about IT now becoming on the
cloud, being an app, then why on earth is it that we should wor r y so much about onshore pres-
ence?”.
fortune telling
Anand Mahindra
Donald TrumpP
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BENGALURU, FRIDAY, 10 MARCH 2017