Reliance Retail just sold a subsidiary that made ₹379 crore profit last year for ₹274 crore.
The buyer? A company with zero revenue and ₹4.41 lakh in cash.
And the connection between them will shock you
Here’s all about it 🧵👇
@tehseenp Bhai your brother is in BJP (The OG spokesperson). Both of you've polluted the mind of voters with absurd debates which concludes without conclusion.
Now u want the same polluted mind voters to ask questions from the govt.
How shameless you are ?
I know u won't reply to this.
@caanuragwriter Gambhir will go after sometime but the real threats are those vultures and PR agents like Boria, Sanjay, Devendra pandey etc.
My god they were after him only after not so good performance in first 4 matches
@caanuragwriter@Bahari_Bihari Khan sir is also at fault over here.
Firstly he only named Raushan anand without any evidence.
His men covered the entrance of coaching of Raushan anand from his poster.
He ordered his guards to fire in a congested area.
@caanuragwriter In only some ideal scenario audit will be conducted in a proper way.
Most of the time, auditors will want to maximise their fees and the auditee will want to control over the reporting.
Because we live in a low trust society, where everyone wants to operate in the grey area.
@MoPNG_eSeva@IndianOilcl I've booked a gas cylinder on the 23rd of may. Invoice has been generated but I didn't receive the DAC code due to which I am unable to get the cylinder. Kindly help 🙏🙏
@ifiweretheree True. Peaceful criticism against the system and govt policies must be heard and taken note of. There can't be one way trafic in democracy.
Trust anyone but not your banker.
I got a DM where a Big-4 employee told me that he was promised 10% return.
After watching Mis-sold, he realised that his annual return was just ~5%.
When he complained to his banker, this was his reply:
"Sir, purchase 1 more policy and we'll merge both the policies. It'll yield you more return."
The customer was naive; he gave in.
Now the banker isn't answering his call.
Premium p.a.: ₹58,708 each for 2 policies
Premium Payment Term: 10 years
Maturity Value after 15 yrs: ₹10 lakhs
Annual return (IRR): 5.12%
Life insurance, when bundled with insurance, is one of the most mis-sold products in India.
I get such messages quite frequently and it's quite sad that banks get to loot their customers in broad daylight and walk away freely.
@caanuragwriter I'm more curious about the expenditure of BCCI. It should be publicly available.
In spite of earning so much, visitors are devoid of affordable water and washrooms.