Why Is Reliance Crashing?

Описание: Check out Odoo Accounting: https://www.odoo.com/r/5A5

Mukesh Ambani has lost 35 billion dollars in the last 8 months - that’s ₹1,200 crore every single day.

But how can that happen to the most powerful man in India?

Well, #Reliance is battling problems in every single sector.

Its flagship oil-to-chemical business’s profit margin is falling. #Jio seems to be losing the telecom race to Airtel. Its retail arm is laying off people and closing stores. And, its green energy business is running way behind schedule.

That’s why Reliance shares have been in freefall - it finished the year at a lower price than it started at for the first time in 10 years.

So, how is #Ambani losing even after being the biggest player in all these sectors? Is this just a temporary setback or the beginning of Reliance’s downfall?

Find out the answers in this video!



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Chapters:
00:00 - Reliance's Freefall
00:53 - Oil-to-Chemicals
04:56 - Ambani's Succession Plan
05:25 - Jio's Troubles
07:45 - Fall Of The Retail Giant?
10:11 - Next Cash Cow - Green Energy
11:50 - What You Don't See