Kotak CTO Bhavnish Lathia quits in a year
Science & Technology

Kotak CTO Bhavnish Lathia quits in a year

Less than a year after his appointment, Bhavnish Lathia has resigned as chief technology officer (CTO) of Kotak Mahindra Bank, citing personal reasons, extending the lender’s struggle to retain leadership continuity in the role. Lathia had taken over from Silicon Valley veteran Milind Nagnur, who resigned as CTO in January 2025 after serving a little over two years. In his resignation, Lathia said he was relocating to the US for personal reasons. “The technology leadership team is stable, mature and ready for broader responsibilities,” he wrote in a letter addressed to managing director Ashok Vaswani. “There is never a good time to resign, but I feel this is the best time for me to step off the stage and let the next generation of technology leaders take centre stage.”Following Lathia’s exit, Kotak Mahindra Bank has appointed Nilesh...
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Massive fire engulfs chemical warehouse of CSIR-North East Institute of Science and Technology in Assam’s Jorhat
Science & Technology

Massive fire engulfs chemical warehouse of CSIR-North East Institute of Science and Technology in Assam’s Jorhat

According to ANI, citing sources, more than ten explosions were heard in quick succession, sending shockwaves across the surrounding area and causing panic among residents nearby.Representative ImageA massive fire broke out at the central warehouse of the CSIR-North East Institute of Science and Technology (NEIST), in Assam's Jorhat late Thursday night, triggering a series of loud explosions. The incident occurred at the central warehouse of the institute, where large quantities of chemical substances and various research materials were stored. According to sources, more than ten explosions were heard in quick succession, sending shockwaves across the surrounding area and causing panic among residents nearby. Fire and Emergency Services personnel rushed to the spot immediately after receiving information about the incident. After hours of continuous effort, the fire was finally brought under control in the early hours of the morning. As...
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Curve Founder: DAO Disputes Signal Strength, Not Weakness
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Curve Founder: DAO Disputes Signal Strength, Not Weakness

Egorov argues that internal disagreement indicates active participation rather than instability in decentralised governance systems.A disputed US$6.3m grant and a later 80% turnout vote illustrate how contention can drive engagement.A separate Aave conflict highlights unresolved tensions around fee flows, IP ownership and legal standing.Michael Egorov, founder of Curve Finance, has argued that disagreement within decentralised autonomous organisations (DAOs) is a sign of health rather than dysfunction. DAOs operate through smart contracts and member voting to oversee onchain protocols, forming a decentralised governance structure distinct from traditional companies. Egorov said that when proposals pass without resistance, it often reflects disengagement. “If everyone automatically agrees on something, it feels like people just don’t really care. They vote for whatever comes in, or they don’t participate at...
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