Reliance was already India’s most valuable company — now it’s also its most profitable. Mukesh Ambani’s Reliance Industries has become India’s most profitable company, registering a net profit of Rs. 39,588 crore in FY19. Reliance has made another record for itself — until last year, it was the second largest Indian company by revenue, but in FY19 it toppled Indian Oil Corporation Limited to become India’s biggest company by revenue. Reliance already was India’s most valuable company,…

Put together 1.3 billion people, dirt cheap internet plans, and a nationwide love for cricket, and what do you get? World records, of course. Hotstar has set a world record for the most number of people that were watching a live event on a streaming service. Yesterday’s IPL final between the Mumbai Indians and Chennai Super Kings at one point drew 18.6 million simultaneous users on its service. Hotstar thus comprehensively broke its own record…

After building interests in everything from crude oil refining, retail, media properties, a cricket team, and India’s youngest telecom company, something new has caught Mukesh Ambani’s fancy — toys. Reliance has acquired iconic British toy retailer Hamleys, the company said on Thursday. Reliance, through its subsidiary Reliance Brands, will now own a 100% stake in the British company in exchange for 68 million pounds (Rs. 620 crore). In India, Reliance is already the master franchise for Hamleys…

[The author of this article is Mr. Sudeep Kolte, VP Sales & Marketing, Saint Gobain India Pvt. Ltd. – Gyproc Business] Driven by changing workforce behavioural patterns, working environment has evolved tremendously. This is pretty evident with changing work policies, nature of work, workplace structure and interestingly, workspace designs. This presents a huge challenge for architects and designers to break the monotony without dismantling the company’s ethos. Often, business leaders fail to understand the reciprocal relationship…

There could soon be yet another Indian CEO heading a US-based multinational giant. Ajit Jain, who’s currently the Vice Chairman of Insurance Operations at Berkshire Hathaway, is a prime contender to take over from Warren Buffett as CEO after Buffett’s retirement. The announcement was made by Buffett himself at Berkshire Hathaway’s shareholders meeting, when he said that Ajit Jain and Gregory Able, who were both promoted last year to the board of directors, would in the…