Business Today

A leading business magazine read by the business leaders for staying ahead and managing challenges that comes right away in the ever changing world of business.

Ambani’s Next Big Bet

Business Today

PICTURE PERFECT • THE FESTIVE SEASON HAS COME EARLY FOR THE FILM INDUSTRY WITH MASSIVE GROSS BOX-OFFICE COLLECTIONS OF OVER ₹1,500 CRORE SINCE AUGUST. A LOOK AT THE DATA REVEALS THE FOLLOWING:

THE MIGHTY MIDDLE • THE MIDDLE CLASS IN INDIA IS EXPANDING RAPIDLY. ACCORDING TO RECENT FINDINGS, IT WOULD ACCOUNT FOR MORE THAN 60 PER CENT OF THE COUNTRY’S TOTAL POPULATION BY THE END OF FY47, UP FROM 14 PER CENT IN FY05. RECENT INCOME TAX FILING DATA FURTHER SUBSTANTIATES THIS TREND. A LOOK AT THE NUMBERS:

Back in Vogue • With several AMCs launching technology-focussed funds, the IT sector seems to have regained its allure

ELECTRIC IDENTITY • With new brand identities for their electric vehicles, Indian carmakers are all set to intensify their electric car play

WOMAN POWER TO THE FORE • Jaya Varma Sinha’s appointment as the Railway Board’s first woman Chairperson and CEO comes at a pivotal juncture in the rail transporter’s 170-year history

Heirs Now Apparent • With Mukesh Ambani announcing the appointment of his children to the board of Reliance Industries, the much awaited succession plan at the conglomerate seems well underway

NAVIGATING INDUSTRY 4.0: RISKS AND OPPORTUNITIES IN THE AGE OF Al • The advent of Industry 4.0, often referred to as the fourth industrial revolution, has ushered in a wave of transformative changes in the manufacturing sector. These changes, driven by groundbreaking technologies, promise increased efficiency, connectivity, and scalability. However, they also bring forth a host of new risks and opportunities. In a recent virtual discussion, Sourav Majumdar, Editor of Business Today, engaged in a conversation with industry experts Sohrab Prakash, Head Audit & Assurance, Hero MotoCorp, and Sundareshwar Krishnamurthy, Partner and Leader-Cybersecurity, PwC India. This article delves into their insights on the risks and opportunities unfolding in this dynamic landscape.

NEXT IN LINE

Winning Game • With broadcast rights for India’s bilateral cricket fixtures in its kitty, Viacom18 is turning into the new home of Indian cricket

THE ALTERED LANDSCAPE • The cricket broadcasting rights landscape has changed after the three big properties were auctioned off for 4-5 years:

THE CRICKET BILL

THE JIO FINANCIAL BLUEPRINT • WITH THE LISTING OF JIO FINANCIAL SERVICES‚ RELIANCE CHAIRMAN MUKESH AMBANI HAS LINED UP ALL HIS DUCKS. WILL THE NEW NBFC DISRUPT THE FINANCIAL SPACE THE WAY JIO ROILED MOBILE TELEPHONY DESPITE BEING A LATE ENTRANT?

THE AMBANI STRATEGY

TO BE OR NOT TO BE • The case for, and against, JFS causing a disruption in the financial services sector

THE WORLD OF JFS

WADING INTO COMPETITION • Top NBFCs from corporate houses

A GALAXY OF OPPORTUNITIES • RELIANCE’S ECOSYSTEM OF CUSTOMERS CREATES A NEXUS OF OPPORTUNITIES TO CROSS-SELL VARIOUS SERVICES

THE A-TEAM • THE PEOPLE HELMING JIO FINANCIAL SERVICES

AMBANI’S BRICK BY BRICK APPROACH • Isha Ambani, the only member from the promoter family on Jio Financial’s board

“We want a poverty-free world on a liveable planet’’ • Ajay Banga, President of the World Bank, talks about the institution’s new vision and mission, reforms, the debt crisis and India’s G20 presidency

The future of inclusive development with DPGs • Vinod Sankaranarayanan, Business Head for Public Goods and Author at Thoughtworks and Sathyan Sethumadhavan, AI/ML Consultant, and Technical Engineering Leader at Thoughtworks

Growing Pains • AFTER GROWING 7.8 PER CENT IN Q1FY24, INDIA’S ECONOMIC...