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Not 70, more like 140: Ola CEO Bhavish Aggarwal adds more fuel to Narayana Murthy debate

Economic Times

Economic Times · 1y ago

Not 70, more like 140: Ola CEO Bhavish Aggarwal adds more fuel to Narayana Murthy debate

Ola CEO Bhavish Aggarwal has joined the "70 hours a week" debate sparked by Infosys founder Narayana Murthy, tweeting his support for longer work hours. Aggarwal stated that he puts in even more than 70 hours a week, emphasizing the importance of dedication and commitment in building India's economy. However, Ronnie Screwvala, founder of upGrad, believes that productivity is not solely dependent on long work hours, but also on upskilling, positive work environments, and fair compensation. Murthy has called for a cultural shift towards a more determined and hardworking mindset among the youth.

Related News

Capgemini CEO reignites work-life balance debate with 47.5-hour work week comment

Economic Times

Economic Times · 5m ago

Capgemini CEO reignites work-life balance debate with 47.5-hour work week comment

Capgemini India's CEO, Ashwin Yardi, suggests a 47.5-hour workweek, sparking debate against Infosys co-founder N R Narayana Murthy's earlier call for a 70-hour week, which stirred up discussions on corporate work conditions. Murthy and L&T's S N Subrahmanyan advocate for longer workweeks, while Wipro's Rishad Premji highlights work-life balance. The debate extends to startup founders like Ola’s Bhavish Aggarwal supporting longer hours for economic growth, whereas Namita Thapar strongly opposes excessive work demands.

Ola CEO Bhavish Aggarwal wants Indians to work hard, social media users react | Mint

Livemint

Livemint · 11m ago

Ola CEO Bhavish Aggarwal wants Indians to work hard, social media users react | Mint

Ola CEO Bhavish Aggarwal has stated that Indians, especially in the tech industry, need to work harder. This comes in response to a comment made by Deutsche Bank CEO Christian Sewing, who urged Germans to work harder for economic improvement. Aggarwal's statement received mixed reactions on social media. He has previously supported Narayana Murthy's stance on the 70-hour workweek and disclosed that he personally works 20 hours daily. Aggarwal believes that pushing boundaries, innovating, and striving for excellence are crucial in the Indian tech industry.

Ola Cabs brings back Ankush Aggarwal to its ride-hailing biz

Economic Times

Economic Times · 1y ago

Ola Cabs brings back Ankush Aggarwal to its ride-hailing biz

Ankush Aggarwal, the brother of Ola Cabs founder Bhavish Aggarwal, has returned to the ride-hailing business after being involved with Ola Electric Mobility. As part of the senior leadership team at Ola Cabs, Ankush will serve as the CEO of Ola Financial Services. This move follows the exit of CEO Hemant Bakshi, and Bhavish Aggarwal is expected to take a more active role in leading the business towards profitability. Ola Cabs parent company ANI Technologies reported a loss of Rs 1,082 crore in FY23. The reshuffling comes amidst increased competition from rivals in the ride-hailing market.

Bhavish Aggarwal shares Ola Electric’s design philosophy, says ’function defines form’ in nature | Mint

Livemint

Livemint · 11m ago

Bhavish Aggarwal shares Ola Electric’s design philosophy, says ’function defines form’ in nature | Mint

Ola Electric Mobility's CEO, Bhavish Aggarwal, shared the company's design philosophy in a social media post. Aggarwal emphasized the importance of function over form and how nature serves as the best inspiration in creating balanced products. He mentioned the ongoing debate in the automotive industry regarding form versus function and highlighted that everything in nature has evolved to maximize its function. Ola Electric recently went public and focuses on manufacturing electric vehicles, including scooters and motorcycles.

Year Ender 2024: Debate on work-life balance prompts a myriad of views

Economic Times

Economic Times · 7m ago

Year Ender 2024: Debate on work-life balance prompts a myriad of views

As 2024 concludes, the work-life balance debate remains a hot topic in India, fueled by differing opinions from notable figures. Narayana Murthy sparked discussions by advocating 70-hour workweeks for national progress, facing criticism for potential burnout risks. While Wipro's Rishad Premji supports hybrid work models for balance, others like Anupam Mittal dismiss the concept as misleading. The debate underscores evolving workforce dynamics and divergent views on professional versus personal life priorities.

Anupam Mittal, Shark Tank Judge and Shaadi.com Founder, Joins the 70-Hour Workweek Debate

Business Bytes

Business Bytes · 1y ago

Anupam Mittal, Shark Tank Judge and Shaadi.com Founder, Joins the 70-Hour Workweek Debate

Anupam Mittal, the founder of Shaadi.com and a judge on Shark Tank, has added his voice to the ongoing debate about working 70-hour weeks. His statement highlights the demanding work culture in the Indian business and entrepreneurship sectors. Mittal's declaration underscores the dedication required to succeed in the startup world, where long hours are often necessary. The debate was ignited by comments from Infosys founder Narayana Murthy, who suggested that India's youth should work 70 hours a week to boost economic growth. This discussion raises important questions about work-life balance and productivity.

Bhavish Aggarwal’s Ola Electric opens 3,200 new stores, launches limited-edition S1 Pro Sona model

Livemint

Livemint · 7m ago

Bhavish Aggarwal’s Ola Electric opens 3,200 new stores, launches limited-edition S1 Pro Sona model

Ola Electric on Wednesday, December 25 launched 3,200 new stores around the country along with its exclusive S1 Pro Sona Edition electric scooter. More than 1 lakh people joined the celebration, says CEO Bhavish Aggarwal.

Empty vessels make more noise: Bhavish on MapMyIndia notice to Ola

Inshorts · 12m ago

Empty vessels make more noise: Bhavish on MapMyIndia notice to Ola

Ola CEO Bhavish Aggarwal commented on MapMyIndia's legal notice to Ola Electric for allegedly copying its data to build Ola Maps and said, "Empty vessels make more noise." "We have sent them a response. They haven't responded to that," he stated. "There is absolute opportunistic randomness in what they have done," he added.

Bhavish Aggarwal to earn ₹288 crore from Ola Electric IPO: Report

Inshorts · 1y ago

Bhavish Aggarwal to earn ₹288 crore from Ola Electric IPO: Report

Ola CEO Bhavish Aggarwal could earn ₹288 crore from Ola Electric's ₹6,146-crore IPO, a report said. The IPO, which will open on Friday, has a price band of ₹72-76. Bhavish currently holds over 1.3 billion equity shares in Ola Electric, representing a 36.94% stake. Notably, Ola Electric's investor Z47 will reportedly get 824% returns from the IPO.

Ola Electric To Roll Out Its Products On ONDC Next Week

Inc42 · 11m ago

Ola Electric To Roll Out Its Products On ONDC Next Week

Ola Electric CEO Bhavish Aggarwal announced that all Ola Electric products will be available on the Open Network for Digital Commerce (ONDC) starting from next week. Aggarwal expressed his enthusiasm for ONDC, referring to it as the "UPI moment for e-commerce." This partnership is not the first between Aggarwal and the ONDC network.

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