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Rajiv Bansal Against Infosys For His Rs.12 Crore Pay Due

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Rajiv Bansal, Former CFO, Infosys, is fighting for his held back severance pay of Rs.12 crores by the company. He appealed to a legal bench led by Mr.RV Ravvendran, Former Judge of Supreme Court, to solve the dispute. The first meeting for the negotiation is scheduled in May according to some sources, Nishith Desai Legal Associates are representing Infosys.

In 2015, Mr.Bansal left Infosys and the company agreed to pay him a severance of Rs.17.38 crores, which is equivalent to his two-year pay. They paid him just Rs.5 Crore and kept the remaining payment on hold.

Infosys clarifies Mr.Rajiv’s payments were suspended for some pending clarifications regarding some rights and obligations. Co-Founder Mr. Narayana Murthy says “The amount is very high, others think that the pay is for preventing to disclose authentic information and also scolded the board for not disclosing all information respect to it.”

Early this year, Infosys had admitted about an element of subjectivity which had influenced the severance pay granted to Mr. Rajiv Bansal. They also placed a policy to ensure that it won’t be repeated again.

Mr. Bansal has chosen the arbitration over the court orders because it will solve the issue quickly and privately. Time bound arbitrations are provided by the Arbitration Act.

Also Read: 7 Interesting Things Owned By The Richest Man In India, Mukesh Ambani

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Unilever Introduces Innovative Color-Changing ‘Smart Label’ for Dove

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Unilever Introduces Innovative Color-Changing 'Smart Label' for Dove

Unilever has launched a new innovation in personal care with the introduction of a color-changing “smart label” for its Dove Shower Sensor Deep Moisture Body Wash. This limited-edition product, available exclusively in Canada, integrates advanced packaging technology to promote healthier skin habits.

How It Works

The smart label activates when exposed to water temperatures above 41°C, displaying a “VERY HOT” warning. This feature encourages users to lower their shower temperature, helping to preserve the skin’s natural moisture—especially crucial during Canada’s cold winter months1.

A Step Towards Smarter Personal Care

This innovation reflects Unilever’s dedication to combining technology with personal care. Divya Singh, head of personal care at Unilever Canada, highlighted the product’s role in fostering better skin health through intuitive reminders. Singh stated that the sensor supports hydration and empowers consumers to maintain healthier habits confidently1.

Broader Implications

The smart label is part of a larger trend in packaging innovation, offering functionality beyond traditional use. Such advancements not only enhance user experience but also align with Unilever’s commitment to sustainability and digital transformation13.

This launch underscores Unilever’s focus on enhancing everyday products with technology while promoting skin health and environmental consciousness.

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Quick Commerce Set to Boost HUL’s Revenue

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StartupStories

Unilever’s CEO, Fernando Fernandez, is optimistic about quick commerce’s growth in India, predicting it will significantly boost Hindustan Unilever Ltd’s (HUL) revenue. Currently, quick commerce accounts for about 2% of HUL’s revenue, but Fernandez expects this to rise to 10-15% within the next three to four years.

Why Quick Commerce?

India’s unique demographic, with affluent and economically active households living in close proximity, makes quick commerce a logical and profitable channel. The margin mix in quick commerce is also favorable for improving profitability12.

Market Trends

Quick commerce is rapidly expanding in India, with its contribution to ecommerce sales doubling annually. Major players like Blinkit, Swiggy Instamart, and Zepto are driving this growth, driven by consumer preference for convenience over discounts13.

Future Outlook

Fernandez’s strategy aligns with Unilever’s goal to transform its business and meet evolving consumer preferences. Leveraging quick commerce will be key to enhancing HUL’s revenue in India, a crucial market for Unilever

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Social Media Platform X Faces Global Outage

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Social Media Platform X Faces Global Outage

Elon Musk’s social media platform X, formerly known as Twitter, experienced a significant global outage on Monday. The disruption began around 3:20 PM IST, with over 19,000 reports of issues globally, according to Downdetector.

Impact by Region

  • United States: Over 21,000 users reported issues, primarily with the app.
  • United Kingdom: More than 10,800 incidents were recorded.
  • India: Nearly 2,300 users faced difficulties, though some reports suggest around 1,000 complaints, mainly with the search bar.

Nature of the Outage

The outage affected both web and mobile app versions, preventing users from accessing timelines or posting content. The cause remains unclear, as X has not issued an official statement.

Resolution

Services resumed after about 30-40 minutes, but concerns about the platform’s reliability have increased due to its recent technical issues

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