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%.
Reliance laid off 42,000 employees in FY24
Reliance Industries laid off around 42,000๐จ
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
See More
7 replies3 likes
Mahendra Lochhab
Content creatorย โขย 9m
Reliance Industries Ltd entity is set to offer a range of 5G shared network infrastructure solutions in Africa with a local company backed by Ghana, marking the conglomerate's entry into the league of global telecom tech and equipment vendors.
How Reliance Earns Money ๐ฐ
โ Reliance Industries generated โน2,57,529 crore in Q1 FY24.
โ Oil to Chemical business was the largest contributor with 52% of revenue.
โ Retail contributed 27%, including Reliance SMART, AJIO, Hamleys, and JioMart
*Reliance Industries Insider Trading Case*
*Overview* : ๐ณ
Reliance Industries Ltd. was accused of insider trading related to the sale of Reliance Petroleum shares in the futures and options segment in 2007.
*Key Points:* ๐
โก Insider Trading: A
See More
0 replies1 like
Amit kumar
๐ CEO & Director at...ย โขย 10d
"Need Masters" is a technology-driven manpower service provider aimed at bridging the gap between job seekers and employers across India. By offering skilled, semi-skilled, and unskilled workers to households, businesses, institutions, and industries
See More
3 replies4 likes
Hiral Jain
Content writerย โขย 7m
Will India be the next Germany?
The video I watched highlighted several key differences between India and Germany, particularly in terms of our education system and the focus on quality in our industries and startups.
One critical point is the need
Did you know Apple relies on Samsung for its stunning iPhone displays? ๐
Despite being fierce competitors, Samsung's cutting-edge OLED technology powers the vibrant screens we love on iPhones. Why? Samsung leads the market with unmatched quality a
See More
0 replies1 like
financialnews
Founder And CEO Of F...ย โขย 3m
Siemens to Restructure Workforce, Plans to Reduce Up to 5,000 Jobs
Siemens to Cut Thousands of Jobs Amid Profit Decline
German tech giant Siemens is set to cut up to 5,000 jobs in its factory automation division. This decision comes after a signifi
See More
5 replies3 likes
Jayant Mundhra
ย โขย
Dexter Capital Advisorsย โขย 10m
Mukesh Ambaniโs FMCG business is highly underperforming ๐๐
Yet, what we see the media do is celebrate the sub-par execution by over-emphasising on the Rs 3k crore sales figure for FY24.
Itโs only on a deeper deepdive, that you see things as they