Business
Gen Zs quitting banking jobs for ‘entrepreneurial experiences’, bosses say
Gen Z workers are increasingly walking away from banking jobs in pursuit of entrepreneurial opportunities or more flexible working, a new survey of senior bosses has found.
Most financial firms are taking action in a bid to hold onto their younger members of staff.
Nearly half of financial services leaders report an increase in Gen Z employees leaving their organisation over the past year, according to polling by KPMG.
This rises to 54% of those within the banking sector who noticed an upsurge.
Gen Z – typically referring to people born between 1997 and 2012 – are often seeking out more entrepreneurial-style work in their decision to leave finance jobs, the survey found.
The biggest reason cited by the finance bosses was a preference for working in start-ups, at 42%.
While 35% said they were leaving because of a desire for self-employment or freelance careers.
Some 34% said Gen Z workers were choosing to leave because they want more flexibility or remote working, while the same proportion cited cost-of-living concerns as the driver.
The poll, which was to around 150 people at director level or above in financial services companies, found that around a quarter of younger employees are estimated to have left finance businesses in the past year.
Almost all of the business leaders surveyed, at 96%, said they were taking active steps to try and improve Gen Z retention at their firm.
More than half said they were working on introducing flexible working policies such as term-time contracts or flexible hours in a bid to appeal to younger workers.
Others said they were revising their office attendance policies as a result.
Karim Haji, global and UK head of financial services at KPMG, said: “Gen Z employees are clearly signalling a desire for more autonomy, variety and entrepreneurial experiences.
“The challenge for financial services firms now is how to create an entrepreneurial experience for a social media generation in a heavily regulated environment.
“Office presenteeism gets a lot of airtime, but the reality is that most financial services firms have made strides in offering flexibility that goes far beyond remote working, whether that’s staggered hours, flexible contracts or better wellbeing support.
“That’s to be applauded, but alongside that, firms must keep pace with the changing values and expectations of young talent.”
Business
Inside Bengaluru Billionaire Nikhil Kamath’s 7,000-Sq-Ft Home, Hidden In The Posh Corner Of The City
Last Updated:
Kamath’s 7,000-square-foot home in one of Bengaluru’s most exclusive apartment buildings, gives a glimpse into how India’s young billionaires live
From Kamath’s apartment, the city stretches out in every direction, offering views of Bengaluru’s skyline that are both relaxing and inspiring.
In the busy city of Bengaluru, known for its tech hubs and start-ups, one name stands out – Nikhil Kamath. He is the co-founder of Zerodha, one of India’s most successful online brokerage firms. Starting in his 20s, Kamath built his business into a giant in the finance world, making him one of India’s youngest billionaires. As of 2025, Forbes estimates his net worth at around $2.5 billion.
But it’s not just his wealth that grabs attention. Kamath’s 7,000-square-foot home in Kingfisher Towers, one of Bengaluru’s most exclusive apartment buildings, gives a glimpse into how India’s young billionaires live. The apartment is a mix of comfort, style, and quiet luxury, showing that Kamath enjoys the finer things without needing to be flashy.
Bengaluru’s Poshest Neighborhood
Kingfisher Towers is a 34-storey luxury building in central Bengaluru, home to some of the city’s wealthiest residents. From Kamath’s apartment, the city stretches out in every direction, offering views of Bengaluru’s skyline that are both relaxing and inspiring. Living here means being in the middle of the action while enjoying privacy and security.
Elegant Interiors
Inside, the apartment is decorated in calm, neutral colours like white, beige, and soft greys. Wooden touches and modern art pieces give the home a warm and stylish feel. The living room, for example, is both elegant and inviting, perfect for relaxing or entertaining friends and family.
A Balcony Made for Relaxation
One of the home’s standout features is the balcony. With a wooden deck, a small canopy bed, candle stands, and plenty of plants, it’s the ideal place to enjoy a cup of tea, read a book, or take in the city view. It’s a quiet corner that contrasts with the hustle and bustle of Bengaluru’s streets below.
Rooms That Feel Special
The bedrooms match the rest of the apartment in style and comfort. One bedroom has a canopy bed on a wooden floor and floral wall prints that add a personal touch. Floor-to-ceiling windows let in sunlight and offer sweeping city views, making every morning feel bright and calm.
A Home That Reflects His Journey
Kamath’s home isn’t just about space or luxury, it reflects his journey as a self-made billionaire. He built Zerodha with his brother Nitin Kamath in 2010, creating a platform that now serves millions of active users across India. His wealth also comes from other investments, including True Beacon and various asset management ventures.
The 7,000-square-foot apartment in Kingfisher Towers shows that Kamath values comfort, elegance, and practicality. It’s a place designed to unwind after long days of running one of India’s largest brokerage firms. For many, it’s inspiring to see how a young entrepreneur can achieve so much and create a home that reflects both success and personal style.
Click here to add News18 as your preferred news source on Google. December 07, 2025, 00:09 IST
Stay Ahead, Read Faster
Scan the QR code to download the News18 app and enjoy a seamless news experience anytime, anywhere.
Business
Fare relief move: Air India waives change, cancellation fees on domestic bookings after IndiGo disruption – The Times of India
Five days after widespread flight disruptions triggered by IndiGo cancellations, Tata Group-owned Air India on Saturday announced a special waiver on change and cancellation charges for eligible domestic bookings, aiming to offer relief to affected travellers, PTI reported.The airline said customers who booked tickets on Air India or its subsidiary Air India Express on or before December 4 for travel up to December 15 can make a one-time change or cancellation without paying the usual fee, provided the request is made by December 8, 2025. In case of rescheduling, any fare difference will still be applicable.
Under the waiver, passengers can either reschedule their journeys to a later date within the validity of the purchased ticket without paying rescheduling charges or cancel their bookings and receive a full refund, with no cancellation fee applied, the airline said.Air India also said it, along with Air India Express, has “proactively” capped economy-class airfares on non-stop domestic routes from December 4 to prevent price spikes driven by automated demand-supply algorithms. The carriers are also in the process of ensuring compliance with the latest directive issued by the Civil Aviation Ministry on airfare caps.
Business
IndiGo cancellations: How to track flight & refund status online; step-by-step guide – The Times of India
IndiGo flight cancellations latest news: IndiGo has said that it expects to operate more than 1500 flights by day’s end on Saturday, having restored over 95% of network connectivity by serving 135 out of 138 operational destinations. IndiGo typically operates 2300 flights daily. IndiGo has said that its personnel are working to normalise operations, minimise flight delays and assist passengers during this challenging period.IndiGo operated merely 700 flights on Friday, indicating 1,600 flight cancellations. IndiGo’s CEO Pieter Elbers acknowledged the extensive cancellations, confirming “over 1,000 flights” were cancelled on Friday.
The airline recorded the largest number of flight cancellations by an Indian carrier in the nation’s aviation history. Additionally, IndiGo’s on-time-performance plummeted to 3.7 per cent on Friday due to operational disruptions caused by the implementation of new pilot duty and rest period regulations, according to the Civil Aviation Ministry website.Starting November 1, the second phase of these regulations redefined night hours from 12am-6am, altered from the previous 12am-5am, and reduced permitted night landings from six to two. These changes affect all domestic airlines in India.The Gurugram-based carrier IndiGo, partly owned by Rahul Bhatia, has obtained temporary relief from DGCA, allowing them to revert to the previous night duty definition of 12am to 5am and permitting pilots to perform six night landings.“Addressing the recent disruptions in our network, we had cancelled a significant number of flights and operated little above 700 flights yesterday connecting 113 destinations. The main objective was to reboot the network, systems, and rosters so that we could start afresh today with a higher number of flights, improved stability, and there are some early signs of improvement. While we understand that we have a long way to go, we are committed to build back the trust of our customers….We apologise once again,” the airline said in a statement today.
How To Track IndiGo Flight Status ?
If you are planning to fly on an IndiGo flight over the next few days, it is important to check the flight status before heading to the airport. Here is a step-by-step guide to check IndiGo flight status:1. Go to goindigo.in/check-flight-status.html 2. Enter your PNR details and travel date, click on search flight to get the latest flight status
How To Track IndiGo Refund Status ?
The airline issued a statement confirming that it is handling all passenger refund requests with urgency.Here is a step-by-step guide how you can track your refund status on the IndiGo website:1. Go to goindigo.in/refund.html2. Enter PNR details — enter your PNR / booking reference number and your Email ID or last name.3. Click to view the “Refund Summary.” This will show you the current status of your refund — whether it’s still processing, completed, etc.According to the civil aviation ministry’s directive, all refunds for cancelled or disrupted flights must be processed by 8 pm on Sunday. The ministry has said, “Airlines have also been instructed not to levy any rescheduling charges for passengers whose travel plans were affected by cancellations.”The ministry has directed IndiGo to establish dedicated units for passenger assistance and refund processing.The statement noted, “These cells have been tasked to proactively contact affected passengers and ensure that refunds and alternative travel arrangements are processed without the need for multiple follow-ups. The system of automatic refunds will remain active until operations stabilise completely.”Additionally, the ministry has mandated that the airline must locate and return any misplaced luggage resulting from flight cancellations or delays to passengers within 48 hours.
Airfares capped
The aviation ministry has issued a two-page directive implementing fare restrictions due to capacity limitations and unjustified price increases across various routes. The civil aviation ministry’s order clarifies that business class and UDAN flights are exempt from these fare restrictions.The directive lacks specificity regarding the application of these limits to economy class tickets exclusively or their extension to premium economy seats as well.The prescribed fare structure sets maximum limits of Rs 7,500 for flights covering distances up to 500 kilometres, Rs 12,000 for 500-1,000 kilometres, Rs 15,000 for 1,000-1,500 kilometres, and Rs 18,000 for flights exceeding 1,500 kilometres.For illustration, on the Delhi-Mumbai route spanning over 1,300 kilometres, economy class fares cannot exceed Rs 18,000.The ministry’s statement indicates these restrictions will remain effective until conditions normalise.These caps exclude additional costs such as User Development Fee (UDF), Passenger Service Fee (PSF), and air ticket taxes.
Why Simon Cowell said he’s not guilty over Liam Payne’s sudden death?
Miami’s maiden MLS Cup title caps off a long ambitious project
This AI Model Can Intuit How the Physical World Works
-
Sports6 days agoIndia Triumphs Over South Africa in First ODI Thanks to Kohli’s Heroics – SUCH TV
-
Tech6 days agoGet Your Steps In From Your Home Office With This Walking Pad—On Sale This Week
-
Fashion6 days agoResults are in: US Black Friday store visits down, e-visits up, apparel shines
-
Entertainment6 days agoSadie Sink talks about the future of Max in ‘Stranger Things’
-
Politics6 days agoElon Musk reveals partner’s half-Indian roots, son’s middle name ‘Sekhar’
-
Tech6 days agoPrague’s City Center Sparkles, Buzzes, and Burns at the Signal Festival
-
Sports6 days agoBroncos secure thrilling OT victory over Commanders behind clutch performances
-
Entertainment6 days agoNatalia Dyer explains Nancy Wheeler’s key blunder in Stranger Things 5