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Anonymous

Anonymous

Stealth • 9m

NVIDIA swallows Reliance Industries in a SINGLE DAY Valued at Rs 20 lakh crore, Mukesh Ambani's Reliance Industries (RIL) looks like a mammoth on Dalal Street. But for the titans of Wall Street, this is loose change. NVIDIA shares soared over 16% overnight and added $277 billion to its market capitalization in just one day. In dollar terms, RIL is just about $243 billion. To put things into perspective NVIDIA’s overnight gains are equivalent to the GDP of more than 45 COUNTRIES. To be fair, such a large amount of wealth creation in a single day is unprecedented in Wall Street's history. Do you think this is the century of Chip makers?

6 replies16 likes
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Giggity

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you guys think reliance industries will go down more in the coming years

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Reliance fired 40,000 employee and not a single word in news. Ladke ke shadi pe zyada kharcha hua shayad

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Reliance laid off 42,000 employees in FY24 Reliance Industries laid off around 42,000😨 employees in FY24 compared to a year ago, according to its latest annual report. RILs employee strength stood at 347,362 in FY24 compared to 389,414 in FY23, me

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Anonymous

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Indian low is fooling the poor while big companies like Reliance Industries Ltd. reduce their workforce by 11% in FY24, despite being profitable. Meanwhile, the unemployment rate is at 9.2%.

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