Flipkart's new millionaires, Aditya Birla group targeted by cryptojackers, and more trending news

India’s millionaire count is rising thanks to the Walmart-Flipkart deal. Economic Times reports more than 100 of Flipkart’s existing and former staff will become dollar millionaires as the e-tailer has set aside $500 million for liquidating ESOPs. PhonePe's Sameer Nigam and former senior executives Ankit Nagori and Mukesh Bansal are among the ones likely to strike it rich. The $500 million doesn’t include payouts to co-founders Sachin Bansal (who is selling his stake for $1.2 billion) and Binny Bansal, and CEO Kalyan Krishnamurthy.

Aditya Birla Group suffered a cryptojacking attack last month. Economic Times reports that hackers targeted over 2,000 terminals of the group's various companies to mine Monero, a virtually untraceable cryptocurrency popular among cyber criminals. A company spokesperson said there was no data loss due to the breach, and it had "initiated a detailed forensic investigation that was nearing conclusion.” According to a Symantec report, cryptojacking attacks surged 8,500% globally in 2017. India is the second-most vulnerable country to cryptojacking in the Asia-Pacific region.

Non-performing assets at India's top six private banks have crossed ?1 lakh crore. Bloomberg reports that the almost-four-fold jump from September 2015 is mainly attributable to ICICI Bank and Axis Bank, which took the "largest bets on corporate lending." ICICI Bank's gross NPAs rose 238% to ?54,063 crore while Axis Bank saw an even steeper jump of 670% to ?34,249 crore. Angel Broking's Siddharth Purohit said the continued increase in bad loans was because of the RBI’s new framework, which withdrew all stressed asset schemes and asked lenders to classify such loans as NPAs.

The takeover drama at Fortis Healthcare, India's second-largest hospital chain, is coming to an end. The Fortis board has accepted a joint offer by Hero Enterprise and the Burman family to make a fresh equity infusion of ?1,800 crore and pick up to 16.8% stake in the company. Manipal Hospitals, IHH Healthcare and Radiant Life Care-KKR were the other bidders in the fray. The bidding war started earlier this year after Fortis founders lost control of their company due to mounting debt amid allegations that they siphoned off ?500 crore from its books.

Uber will soon start testing food delivery by drones. CEO Dara Khosrowshahi told Bloomberg that people should expect delivery in five to 30 minutes, depending on whether it's done by a drone or a human. The testing is part of the US government-approved 10 pilot programmes for tasks such as package delivery, digital mapping and surveillance. India's draft drone policy doesn't allow e-commerce applications. “All drones are proposed to be operated in visual line of sight, during day time only and below 200 feet. Dropping of any substance, carriage of hazardous material... is not permitted,” it says.

Idea of the Day: When it comes to hiring, “you want missionaries, not mercenaries,” says Jet.com CEO Marc Lore. The best candidates have passion — “a fire inside of them to drive forward.”

“Compensation can motivate, of course, but positive energy and dedication generate momentum that lasts.”

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— Abhigyan Chand & Adith Charlie / Share this using #DailyRundown