Reliance Jio is on a War with every large business in India 🤯
Mukesh Ambani's Reliance Jio is making bold moves across India's top industries.
A must thread🧵
Looking at #Nifty many might feel "Bahot upar aa gaye yaar " but there is huge segment of market which has not provided any returns or underperformed severely since GFC peak of 2008
As Inflation heats up & cost of everything goes up, many of those old companies will reap benefit of higher prices in form of higher revenue or increased margin. "Replacement cost theory" kicks in & this segment of old brick & mortar business may start belting out multibaggers while consistent compounders cool-off in valuations.
There comes time in market cycles to reward blood & sweat business too.
This animation shows every recorded earthquake in sequence as they occurred from January 1, 1901, through December 31, 2000, at a rate of 1 year per second
[source, read more, NOAA: https://t.co/EYOmHG0l7i]
Just IN:— Major data breach in India;
Personal data of all vaccinated Indians have been leaked online.
☆ Leaked data has Aadhaar, voter ID, Passport numbers & mobile numbers of Indians who got covid-19 vaccines.