🏆 Manali’s marathon champion

The most interesting news selected specially for you! 17 September 2024 [View in Browser]( Hello, It’s a big week for central banks. The US Federal Reserve is widely touted to cut interest rates this week—the first time in four years—which has left both investors and founders excited as the global economy enters a [“cutting phase”](. Beyond the US, the central banks of Brazil, the UK, Norway, and South Africa will hold their monetary policy meetings this week. The Bank of Japan will also deliver a decision on interest rate cuts. The RBI, however, is taking a cautious approach as Governor Shaktikanta Das said in an interview the decision on interest rate moderation will be based on long-term inflation trajectory and not monthly data. For India, the trickle-down of fund inflows is expected to be incremental. The reason? Stretched valuations. Meanwhile, the stock markets are having one big party. Bajaj Housing Finance had a bumper listing on the bourses, ending the day 136% above the issue price. Chennai-based lender Northern Arc Capital’s IPO also attracted strong demand and was subscribed 2.87 times on day one. But is it all just a game of [quick profits]( So far, in 2024, more than 50 companies have been listed on the NSE and BSE. However, half of the companies that were listed on mainboard exchanges this year saw their stock prices drop from the listing day closing price within a month, according to the PRIME Database. The average return on debut day has also come down from 8% in 2023 to 2.4%. Beyond the markets and earthbound worries, there’s a [cloud]( that stays stationary in the sky and looks like an alien mothership. Known locally as ‘Taieri Pet’, the cloud is a product of the particular weather patterns and topography of New Zealand. Well, that cloud doesn’t have any chance of meatballs. In today’s newsletter, we will talk about - Meet marathoner Tenzin Dolma - Bringing diversity into the workplace Here’s your trivia for today: What is the longest domestic flight route in India? --------------------------------------------------------------- Inspiration Meet marathoner Tenzin Dolma Dolma was only 15 when she got married. At 30 and two kids later, she found her passion–running. Dolma has since won some of the most gruelling marathons in the Himalayan region. When Dolma isn’t racing, she’s managing a café in Manali with her husband, and attending to her two children, now 16 and 17, as they finish school. Born to win: - In 2020, she found the Hell Ultran challenge—a grueling 480 kilometers marathon on the infamous Leh-Manali highway. - Covering the distance in over 120 hours, the race demands not just physical endurance, but a will of steel. - Her next challenge was Snow Marathon in Lahaul, a brutal race held at 10,000 feet above sea level, where the air is thin, and the cold is bone-chilling. [Know More]( --------------------------------------------------------------- Women leaders Bringing diversity into the workplace Shetty founded Kelp HR in 2013 to create employee-friendly workplaces in the ever-evolving corporate landscape. In particular, she wanted to address gender equity and the implementation of the Prevention of Sexual Harassment (POSH) Act, which remains a pressing concern to this date. Inclusive: - Kelp HR operates in three critical areas—POSH, Diversity, Equity, and Inclusion (DEI), and mental health. - For Shetty, the key to success is not just implementing policies but creating a culture of trust. “We coach internal members on how to handle complaints, not just legally but also with empathy,” she says. - To ensure ongoing awareness, Kelp HR takes a holistic approach, using storytelling, theatre-based learning, and even gamified e-learning to engage employees in understanding harassment and consent. [Read More]( --------------------------------------------------------------- News & Updates - [Robot salad maker:]( Fast food restaurant chain Chipotle moved an automated bowl-and-salad maker and an avocado-processing robot out of its test kitchen and into a couple of locations in California. The company said feedback will determine whether it makes a broader rollout of the technology. - [Chronicles of Narnia:]( The Queensland island that inspired scenes in a Chronicles of Narnia film has been sold for $5.6 million. Called the Little Green Island, the property was sold at auction by film producer and actor Douglas Gresham, who is the stepson of CS Lewis, the author of The Chronicles of Narnia. - [Crisis at Boeing:]( Boeing pausing hiring and taking sweeping steps to conserve cash after about 33,000 workers went on strike on Friday including considering temporary furloughs for many employees, managers and executives in the coming weeks. Here's what else we have for you Unlock your startup’s potential with Nurture IT! In association with Nurture IT For 20 years, Nurture IT has been the trusted IT partner for early-stage startups, funded ventures, and foreign subsidiaries in India. From a single laptop request to building your entire network and security architecture, they’ve supported some of today’s leading Unicorns, solving founders’ and HR’s IT challenges. Adapting to the post-COVID world, they’ve developed efficient WFH logistics, IT warehousing, and shared remote helpdesk services for domestic and international clients. As founder Deepak says, "We’re more than just hardware suppliers." Their smart IT leasing options make top-tier solutions affordable, turning CAPEX into OPEX. 🔗 Learn how Nurture IT can power your startup: [( [Know More]( --------------------------------------------------------------- Chiratae Sonic 2024: Of 48-hour turnaround and disruptive innovations In association with Chiratae Sonic Want to learn how to fast-track your startup’s growth? In this must-read interview, Kailash Nath, AVP-Head of Seed Investments at Chiratae Ventures explains how Chiratae Sonic 2024 is fast-tracking startup funding and offering up to $2M in seed funding. Apply before October 31 to join this journey! [Know More]( --------------------------------------------------------------- Discover how [Cygnet.One]( is shaping tax compliance: Join the Bharat Innovators webinar In association with AWS | AMD How is Cygnet.One shaping the future of tax compliance? Find out at the Bharat Innovators Webinar, hosted by AWS, AMD and YourStory on Sep 20! Learn about cutting-edge solutions that enhance accuracy and efficiency from Niraj Hutheesing, Founder and CEO of Cygnet.One, in conversation with Sunil PP, South Asia Lead at AWS. Read the article to know more. [Know More]( --------------------------------------------------------------- Did you know? What is the longest domestic flight route in India? Answer: Delhi to Port Blair (now Sri Vijaya Puram). The flight takes 3 hours 35 minutes to fly 2,467 km. We would love to hear from you! To let us know what you liked and disliked about our newsletter, please mail nslfeedback@yourstory.com. If you don’t already get this newsletter in your inbox, [sign up here](. For past editions of the YourStory Buzz, you can check our [Daily Capsule page here](. [Feedback]( [Unsubscribe]( [Newsletters](