Hotstar Sets New World Record For Most Simultaneous Users For A Live Event During IPL Final

Hotstar Sets New World Record For Most Simultaneous Users For A Live Event During IPL Final

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…

Reliance Has Acquired UK-Based Toymaker Hamleys For Rs. 620 Crore

Reliance Has Acquired UK-Based Toymaker Hamleys For Rs. 620 Crore

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…

Arnab Goswami’s Republic TV Is Now Valued At Rs. 1200 Crore

Arnab Goswami’s Republic TV Is Now Valued At Rs. 1200 Crore

Arnab Goswami had first made his name through TV news, but he seems to be doing just as well in the entrepreneurial arena as he did in journalism. Goswami has bought back shares of Republic TV from Asianet, which will allow him to regain control of the channel he’d founded in 2017. The repurchase of shares will allow Goswami to put Republic TV on track to becoming an Editor-run news channel. More significantly, the two year…

Modern Workplaces For Ignited Minds

Modern Workplaces For Ignited Minds

[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…

IIT Kharagpur Alum Ajit Jain Could Succeed Warren Buffett At Berkshire Hathaway

IIT Kharagpur Alum Ajit Jain Could Succeed Warren Buffett At Berkshire Hathaway

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…

How The Creator Of Nike’s Logo Was Paid Just $35 For Her Work, But Ended Up Becoming A Millionaire Anyway

How The Creator Of Nike’s Logo Was Paid Just $35 For Her Work, But Ended Up Becoming A Millionaire Anyway

If you happen to pick the right gig, working for just 17.5 hours can make you more money than most people make in their careers. In 1971, Carolyn Davidson was a graphic design student at Portland State, when she met a man who was teaching accounts at the same university. The man, who was named Phil Knight, wasn’t a full time accounts teacher — he was also running a shoe company on the side. He learnt that…

These Are The Extraordinary Returns That Early Investors Will Make From Uber’s IPO

These Are The Extraordinary Returns That Early Investors Will Make From Uber’s IPO

Startup investments aren’t for the faint of heart — a large percentage of startups never really take off, which means that early investors often lose their shirts. But when startups do take off, startup investments can generate some very lucrative returns.  And when you’ve invested in the most valuable startup in the world, the returns can be something to behold. Uber is going public next week, exactly a decade after it was founded. And with…

Flipkart Is In Talks To Acquire Bangalore-Based Grocery Chain Namdhari’s Fresh: Report

Flipkart Is In Talks To Acquire Bangalore-Based Grocery Chain Namdhari’s Fresh: Report

Flipkart might soon take the biggest step in its much-publicized online-to-offline strategy. Flipkart is in talks to acquire Bangalore-based grocery chain Namdhari’s Fresh, CNBC TV 18 has reported. Namdhari’s Fresh was founded in 2000, and operates 30 stores in Bangalore. Apart from its retail business, the company also exports agricultural produce to Europe, Asia and the Middle East, and handles more than a thousand tons of fruits and vegetables per year. The acquisition of Namdhari’s…

Swiggy Says It Is Now Delivering 15 Lakh Orders A Month On Cycles

Swiggy Says It Is Now Delivering 15 Lakh Orders A Month On Cycles

As India’s food delivery market is growing bigger, it’s also branching out into newer ways of performing deliveries. Swiggy has said that it now delivers as many as 15 lakh orders a month through mechanical cycles. Out of Swiggy’s overall delivery fleet of 1.7 lakh, 10,000 deliver orders while riding cycles. Twenty percent of these riders are in Tier 2 and Tier 3 cities like Surat, Belgaum, Guwahati and Lucknow. “A couple of years back we initiated…

China’s Ctrip Now Owns 49% Of MakeMyTrip After Exit of Existing Investor Naspers

China’s Ctrip Now Owns 49% Of MakeMyTrip After Exit of Existing Investor Naspers

One of India’s oldest travel portals now has a Chinese giant as its biggest investor. China’s Ctrip now owns 49% of MakeMyTrip after the exit of long-term investor Naspers. Naspers has sold its entire stake in MakeMyTrip in exchange for 5.6% of shares in Ctrip, effectively exiting the Indian travel portal and becoming an investor in Ctrip instead. After the deal, Ctrip owns 49% of MakeMyTrip that’s worth $1.3 billion (Rs. 10,000 crore), and has…

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