It was a well planned default scam. Amazon asked to audit future retail loan books but future retail denied and signed the deal with reliance. So Amazon went to court to take back their investment, some insiders say Biyani took money under the table from reliance and forced future retail to fail rather than selling it to reliance competitior Amazon.
@@mariachi9093 most ironic thing is banks voted against reliance and forced it for liquidation, reliance took it's all contracts and important asset under table for throw away price. Dig more this was a well planned and orchestrated scam. The most important thing banks didn't want was a 27000cr deal going through, they voted against the deal and got their individual share of benefits. The public lost money, investors lost money, Amazon learned lessons, Biyani made 🤑. Just do some research, I've lost my investment in future retail and many did. These thugs looted without any mercy. In these elections I voted and campaigned against the BJP. BJP is more dangerous than Congress.
I always wondered why big Bazar was gone!! they were there for so many years n doing so well.. their quality n offers were too good!!!!! I miss Bigl Bazar ....😢
@mrmrr9329 I'm pretty sure that they have investment PRs for many countries. But yeah, many, many, shall we say, "Things" have been done for them to reach where they are now.
No, it's Big Baazar and Biyani's fault ...due their bad business strategy Big Baazar got destroyed . First they signed a shady deal with Amazon then tried to sell Big Bazzar to Ambani without Amazon's consent...
No way!! Their clothes section had the best choice in those days which Reliance still has not been able to reproduce. Reliance Fashion is sheer street rubbish
Biyani is a Legend in many ways. He pioneered Modern India way back in 2000, with Pantaloons, when I visited their store in Calcutta. I was working in a mall in Lucknow in 2006, and I personally saw the neverending ques at Big Bazaar and the army of of employees they employed in their stores. Everything has been Copy Paste since then by all other Brands that followed.
Main problem of Big Bazar was, he used to keep only one Companies products, specially the spices and nuts. You must keep the customer to choose from different suppliers and also keeping more profit margin. Many things were not available always, even the spices. Even Reliance does the same. They always blame the supplier. Products also of low quality. Mostly in Sindhi and Marwadi supermarkets sell the products of low quality. Look at Lulu Hypermarkets. They sell the products of highest quality with low profit margin, and they plenty of choices in the same product. That's why no one can beat them. Slowly slowly Lulu will take over all over Indian market and should be. They know the supermarket buisness.
@@monishasekar4716 Very true, but north guys wouldn't know or even take effort to know which is applicable in everything. There many such businesses from which he copied so definitely not India's first
No one talk about is Big Bazar (BB) they had a scheme you pay 10,000 Rs and get 12500 Rs products. But when it got closed This happened Relience first said we will continue with it. But then kept delaying saying the decision is pending how we will continue it. Then one day they said we cannot continue as it is not the same thing. And alot of people lost their money.
Reliance Bazaar most of them are not able to sell product and customer not coming to them . Reason is just one Big bazaar use to publish discount offer in all newspaper every week . And this attract more customer to Big Bazaar . Same thing Reliance Bazaar should do .
Dmart is for the lower middle class and I used to Shop my grocery only from their. Big bazaar offers great range of clothing for office wear and casual. So I use to do my wardrobe shopping from Bigbazar only.
गेंहू, चावल तेल, चीनी, सलवार कमीज़, जींस बेचने केलिए बिग बाजार और रिलायंस फ्रेश की जरूरत नहीं है। भारत में यह व्यापार एक फ्रॉड है। ये हर organised retailers अंत में बरबाद होते हैं। मैं इन दुकानों से मिल नहीं खरीदता।
Hello Shankar, great video. I stumbled on this video by mistake, which does not make me regret my 15 minutes. just small recommendations and suggestions: 1. Back your analysis with data sources and properly mapped and scaled charts and numbers. A vague chart graphic will get you nowhere in getting a proper repeatable audience 2. Bring your microphone a little down, so that the audience can actually look at your complete face while you are speaking. Doesn't really add any informative value, but it plays a major role in forming connections with your audience 3. (You might want to ignore this depending on your format) Add clips of Biyani talking about his business model from other sources like his interviews with Kamath and Raj podcasts as well Well scripted and a great video. You earned me as your subscriber
Thanks for taking the time to share this feedback, Zaid. I appreciate it and I will work on these. I published this video quite a while ago - please check my latest videos and share feedback as well!
How KB, as he is nicknamed," Rajah of Indian Retail" failed and annihilated for a trivial blunder of his own theory. He Kishor Biyani had a written agreement with Amazon while selling 49% stake in future coupons that he will have to offer sale proposal to Amazon first in the future if it is required. KB can sell to other entity if he, Amazon, refuses to buy. How he agreed to such a clause ? If he knew the clause very well, he could have approached the Amazon to sell off entire Future Group at an exorbitant value which Amazon may have refused. After that he could have dealt with Reliance. Two take away : 1.Agreement with Amazon was miscalculated and thoughtless of its consequences. 2.Approaching the Reliance to sell the company despite the agreement with Amazon was the final death nail. Miscalculation, overconfidence and debt negligence can turn future to past. Great case study.
Kishore Biyani has master strategies to develop the retail sector. Reliance an Indian big brother has to support other brothers of India .But big brother is implementing a strategy overtaking .It is always dangerous for any market in the future.
My man, you explained the case in such a way that it cleared so many unanswered questions . The presentation was crystal clear and I am really happy for the time spent to see your video. Keep up the good work and wish you all the best💯
When you talk about the different business models pursued, it would be relevant to note that high initial expenditures are possible when a lot of money is generated by any means. Some politicians own , say, chains of clinics. The source of the money is unclear, but expansion and growth are rapid.
It is very simple. For their business big bazar has to take loan and repay. But, Ambani shall take loan whatever the amount they want and need not pay back. It shall be written off. Therefore, they is no financial crunch.
Excellent presentation on the saga of Retail Business, rise and fall and the cascading effects in to the Retail Business models in different approach strategies. Well researched and kudos to you. ❤
Based on my experience both at Big Bazaar and reliance smart, I can say honestly prices at reliance are more than the kirana shops, more than Amazon, and doesn't come anywhere close to Big bazar, and the erstwhile 'More' in terms of prices and services to the customer. Big Bazaar was a class apart no doubt.
The price and quality of big bazar products were affordable and great.. Why this sort of business comes to an end.. Very sad.. Somehow we're waiting eagerly to see the comeback of big bazar in our chennai..
I still remember when the down fall of Big bazar began, the exact day when they decided to remove game zones. I don’t remember going back to big bazar after that happened and this was before reliance mart or any other super market came into existence, maybe thats when More started growing too.
Big Bazaar was far better than whatever hell Reliance Smart will ever be. All their products, especially clothes, were top notch while being very affordably priced. I still have jeans and shirts from Big Bazaar and especially their brand DJ&C that look as good as new despite being over 10 years old. Meanwhile, everything in Reliance's stores looks cheap and tacky.
we shopped twice i guess in reliance retail/fresh/supermarket... and our experience were really bad... the quality of products were bad and the workers were also kinda rude (maybe towards us, or maybe they had a bad day, or whatever, but we didn't liked the vibes of them) and also... their parking system was also bad... there was not neatness in the store, products were all dusty... anyhoo, from that onwards, we never tried to go back there.... after this horrible experience, we always prefer D-MART.... and now we have another good supermarket near our house, so we mostly go there for monthly basis, but once in a while we def. go to D-MART. we love D-MART, GOKUL, & SHUBHAM MART (cause its near our house).... and loved your video.... its strange, i was just talking about big bazaar few days ago to my mom that it was a good supermarket and now we don't see that or hear about it at all....
If jio has not cleverly overtaken bigbazaar, amazon would have taken it. The culprit was Amazon. Future was running out of cash and Amazon who is a share holder obstructed every effort of FEL to raise money strangling FEL to death. Amazon India despite this unethical act used its soft power to avoid blame and instead jio got the blame
@@shankar_unravelled pls create a separate channel for shorts. Did u watch ranveer allahbadia interview with Think school Ganesh? If u didn't I hope u atleast check out the conclusion of tgat video.😁
@@karanjain5663 if you really know amazon it does not follow any laws. It is well knows for abusing employees all the way from software engineers to warehouse employees. Its webpage in usa is filled with Chinese fakes. So stop the virtue signaling. While at it which law did Ambani break in this maneuvering?
Great video, really detailed and informative. Reliance is smart in terms of business due to Mukesh Ambani. By this or that, he always gets profits. Legal or illegal way, true cunning personality.
Big Bazar was more homely and affordable than any other currently active. Amazon &Reliance are not at all customer friendly. Still feel Kishore Bhiyani is a better choice and should come back.
Good video brother. Thanks YT for recommending this. Bhai please remove the mic from your face, put it lower or to the side. Tera brand banana hai, mic Wale mooh ka nahi! I loved the video good job.
Very well explained. I understand now that the business model of DMart is far better than bigbazaar. Renting huge spaces at exorbitant prices (adding COVID to the mix) probably caused the downfall. But don't you think Future group could have bounced back had it not been for COVID? Could shutting down of some outlets helped? I was surprised to see a huge Bigbazaar outlet in Hyderabad renamed to Reliance. Thanks for making this video.
So if a normal businessman borrows beyond his means and goes bankrupt, he is treated with contempt and disgust by the society whereas if you are a big businessman, get greedy and get thousands of crores of unmanageable debt and go bankrupt you are still respected, can still go around in your suits and give advice to others, live a high end lifestyle, etc just because you took the debt in the name of a company and not yourself and you are not liable… Great!
If u default on your two wheeler loan they will hound you .. and abuse you and chase you till you sell your tiney apartment If u default on 1000 cr loan you a tycoon living in Dubai London Mauritius If u delay your elec bill payment of 3000 rs they will come and disconnect in no time If u borrow from bank Its NPA and central govt will write off 17000 cr of bad debts
The Ambanis are not to be emulated but should be a lesson for others not to have politicians as godfathers but make politicians to toe the line.... cheers
Ambani and Adani have not been successful because of their leniency in bussiness matters. A aggression is an essential trait when dealing with others in negotiations and purchasing services to sustain your com0any is required
Ambani himself should be punished for acting like a crook, which in reality all business people are. The court should intervene and stop Reliance who has used the back door, not only to prevent from Amazon obtaining their rightful claim of first refusal, but also throttling the actual business owner with his abnoxious practises.
Why are u trying to copy Dhruv Rathee ,by wearing a similar t-shirt outfit worn bt Dhruv in all his videos? Thats so cringe. Be real dont copy others . Amazing India ,expert only at copying others... 😂
I’ve paid him a license fee to wear t-shirts in videos, and I need to get value for my money. So far I’ve paid him for Blue, Red, and Brown colour t-shirts, so it’s fine.
@@shankar_unravelled Well,well don't be this way bro,your contents are superb and we enjoy your videos alot. Take criticisms in a constructive approach. Keep it up with your good works and wish you the best ,you are doing a very good job👍...peace
In which sector Reliance have monopoly apart from refineries upto an extent? I know you will immediately say Jio. But there is Airtel already with similar subscribers base.
@@KuchNahiBasAiseHistop.defending these corporate czars. They care for no one. Their motto is expanding their empire for their own greed. If you want to know the beginings.of Reliance read a book called Polyester Prince. Nothing good about the way they made their way up.
Dmart clearly adopted the concept of Mc donanlds -purchase land and own the store and sell high demand items. Movie The founder matches with the Dmart idea
It was a well planned default scam. Amazon asked to audit future retail loan books but future retail denied and signed the deal with reliance. So Amazon went to court to take back their investment, some insiders say Biyani took money under the table from reliance and forced future retail to fail rather than selling it to reliance competitior Amazon.
If future retail is under liquidation how can Biyani decide who should he sell to? The banks will take the best possible deal
@@mariachi9093 most ironic thing is banks voted against reliance and forced it for liquidation, reliance took it's all contracts and important asset under table for throw away price. Dig more this was a well planned and orchestrated scam. The most important thing banks didn't want was a 27000cr deal going through, they voted against the deal and got their individual share of benefits. The public lost money, investors lost money, Amazon learned lessons, Biyani made 🤑. Just do some research, I've lost my investment in future retail and many did. These thugs looted without any mercy. In these elections I voted and campaigned against the BJP. BJP is more dangerous than Congress.
@@mariachi9093 that's the point he never sold he just dumped the company so that reliance can rise 😂😂😂
I always wondered why big Bazar was gone!! they were there for so many years n doing so well.. their quality n offers were too good!!!!! I miss Bigl Bazar ....😢
Wrong perception, there was larger game behind the scenes & how explain in this case
When you owe so much Money , it's the Lender 's problem and not the Borrowers........
So basically reliance sabotaged another business to buy it.
Reliance can leverage the power of the State against its competition. So things like laws, etc, ..... you get my point.
Don't worry no matter how rich u become, u still have to go to the USA embassy for a visa
@mrmrr9329 I'm pretty sure that they have investment PRs for many countries. But yeah, many, many, shall we say, "Things" have been done for them to reach where they are now.
No, it's Big Baazar and Biyani's fault ...due their bad business strategy Big Baazar got destroyed . First they signed a shady deal with Amazon then tried to sell Big Bazzar to Ambani without Amazon's consent...
It doesn't count if the other business is Amazon. Since they are complete bastards
Big Bazaar was never that good.. It boomed because it was an early entrant.
That is called first mover advantage or getting in at the ground floor. Those who can time it right, generally reap the rewards.
Anyway Big Bazaar sells garbage stuff
@@ArunBabuThomas First mover always have advantages in market
AWS has maximum share in market than Google cloud, Azure
No way!! Their clothes section had the best choice in those days which Reliance still has not been able to reproduce. Reliance Fashion is sheer street rubbish
Ambani is legally smart but with very cunning mind
They have clever people and the most "powerful " factor in their pockets.
They do what's best for business, even I'dbdo the same
Only thing is how far will you go? Unethical business practices are one thing, but much worse is possible.
Dhandha aisa hi hota hai
Cruel
Stop buying from Reliance.
reliance fresh genuinely sucks
Their fruits were not even fresh@@rohannavalkar112
Reliance retail stores suck . Tira sucks 😞😔
Jio, reliance digital and reliance smart are good and convenient but
thats why i avoid shopping at any amabani business as much a possible.
Biyani is a Legend in many ways.
He pioneered Modern India way back in 2000, with Pantaloons, when I visited their store in Calcutta.
I was working in a mall in Lucknow in 2006, and I personally saw the neverending ques at Big Bazaar and the army of of employees they employed in their stores.
Everything has been Copy Paste since then by all other Brands that followed.
I agree that his failure should not eclipse the fact that he was able to create the first modern retail chain of India!
Main problem of Big Bazar was, he used to keep only one Companies products, specially the spices and nuts. You must keep the customer to choose from different suppliers and also keeping more profit margin. Many things were not available always, even the spices. Even Reliance does the same. They always blame the supplier. Products also of low quality. Mostly in Sindhi and Marwadi supermarkets sell the products of low quality. Look at Lulu Hypermarkets. They sell the products of highest quality with low profit margin, and they plenty of choices in the same product. That's why no one can beat them. Slowly slowly Lulu will take over all over Indian market and should be. They know the supermarket buisness.
@@manasagarwal1241 😆 just copied from elsewhere...!
He himself copied from Saravana Stores in Chennai!!!
@@monishasekar4716 Very true, but north guys wouldn't know or even take effort to know which is applicable in everything. There many such businesses from which he copied so definitely not India's first
Came for big Bazaar
Got to know about big Bazaar & also dmart economics
Kudos!
I am glad that it was worth your time. Please subscribe!
Failed to understand why Mr Kishore did not sell his shares to Amazon. His Reliance obsession is suspicious.
No one talk about is Big Bazar (BB) they had a scheme you pay 10,000 Rs and get 12500 Rs products. But when it got closed This happened Relience first said we will continue with it. But then kept delaying saying the decision is pending how we will continue it. Then one day they said we cannot continue as it is not the same thing. And alot of people lost their money.
How people loose money
Is there any way we can get our money back ?
- From a Big Bazaar Profit Club Card holder
they also have free sim offer. i still remember my dad use to get 130rs amount credited in sim after the monthly shopping
Reliance Bazaar most of them are not able to sell product and customer not coming to them . Reason is just one Big bazaar use to publish discount offer in all newspaper every week . And this attract more customer to Big Bazaar . Same thing Reliance Bazaar should do .
India needs stronger antitrust and anti monopoly laws.
Narender Chodi pro monopolist hai
@@Curious.Intellectualchamcha spotted😂😂😂😂
(Can't believe have to say this in a business-related video)
Really nice quality research and well delivered. Keep going
Thanks, your words are really motivating. Please subscribe!
Bro your content quality is amazing.
Thanks a lot! Please subscribe to my channel as well 🙂
Long story short Ambani can do whatever they want in India. Court and law means nothing for them in this pathetic country.
Everything is as per law
@koushikshirali6427 law made by Ambani's slaves.
@@AI_mod you mean congress? This law was made by congress
But Kishore grew greedy leading to downfall.
Ambani will do anything, no government is going to check
I hated reliance mart. Now I hate it even more.
Shopper's Stop has an older history than Pantaloons.
He visited Saravana bhavan in Chennai with notepad and pencil..that's where he learnt.. the basics.. everybody conveniently ignores this...
It's Saravana stores
Saravana bhavan is a restaurant, It is Saravana stores!
Yes, he noted how many idlis are there in a platter. 🤣
Jio mart is the biggest flop,the reason being Reliance is not a trustworthy brand, Amazon is.
Ambani haven't, we ourself did. Now i strictly use bsnl sim, so that it wont get dissolved
Extensive research, and good presentation! 👌🏼
I wish you'd also updated on the Amazon vs Reliance case! ☺️
Thanks! Will update soon. Please subscribe!
Crystal clear narration. Very well done.
D mart is selling worst quality products while Spencer offer no 1 quality grocery
Dmart catering for Lower income and Middle class people. Spencer catering for higher income people.
@@iyer33true!
Dmart is for the lower middle class and I used to Shop my grocery only from their.
Big bazaar offers great range of clothing for office wear and casual. So I use to do my wardrobe shopping from Bigbazar only.
Nah, it all depends from place to place....also the reason dmart is so economical is because of their operational efficiencies
Dmart grocery is scary
गेंहू, चावल तेल, चीनी, सलवार कमीज़, जींस बेचने केलिए बिग बाजार और रिलायंस फ्रेश की जरूरत नहीं है।
भारत में यह व्यापार एक फ्रॉड है। ये हर organised retailers अंत में बरबाद होते हैं।
मैं इन दुकानों से मिल नहीं खरीदता।
At 9:43 I think the sentence should be corrected. Mr. Biyani borrowed heavily I think not lending heavily...
absolutely remarkable commentary and breakdown!! keep up the great work Shankar
Thanks!
Hello Shankar,
great video. I stumbled on this video by mistake, which does not make me regret my 15 minutes. just small recommendations and suggestions:
1. Back your analysis with data sources and properly mapped and scaled charts and numbers. A vague chart graphic will get you nowhere in getting a proper repeatable audience
2. Bring your microphone a little down, so that the audience can actually look at your complete face while you are speaking. Doesn't really add any informative value, but it plays a major role in forming connections with your audience
3. (You might want to ignore this depending on your format) Add clips of Biyani talking about his business model from other sources like his interviews with Kamath and Raj podcasts as well
Well scripted and a great video. You earned me as your subscriber
Thanks for taking the time to share this feedback, Zaid. I appreciate it and I will work on these. I published this video quite a while ago - please check my latest videos and share feedback as well!
Thanks Shankar, your way of explaining was crystal clear and was more informative. Thank you.
Thanks, I am glad you liked it. I hope you have subscribed!
I have read "It happened in India" book by Kishore Biyani. His inspiration to start large format stores came from Chennai based Saravana stores.
Your content is fantastic, keep going brother!
I am glad you liked it. Please subscribe for more!
good job ! I am in late 40s. In Finance/Accounting. One of best videos ever. Good comparison along with Highlighting all KPIs. Amazing work, really !
Thanks!
Its 1977 and not 1917 :) Just so you know ;) and yes, culture and traditions change every 100 KM :)
Dmart is good. They employ locals. No fancy , just good work
How KB, as he is nicknamed," Rajah of Indian Retail" failed and annihilated for a trivial blunder of his own theory.
He Kishor Biyani had a written agreement with Amazon while selling 49% stake in future coupons that he will have to offer sale proposal to Amazon first in the future if it is required. KB can sell to other entity if he, Amazon, refuses to buy.
How he agreed to such a clause ?
If he knew the clause very well, he could have approached the Amazon to sell off entire Future Group at an exorbitant value which Amazon may have refused. After that he could have dealt with Reliance.
Two take away :
1.Agreement with Amazon was miscalculated and thoughtless of its consequences.
2.Approaching the Reliance to sell the company despite the agreement with Amazon was the final death nail.
Miscalculation, overconfidence and debt negligence can turn future to past.
Great case study.
Thanks, I hope you have subscribed!
@@shankar_unravelled Done.
A Vast knowledge, thank you.
Kishore Biyani has master strategies to develop the retail sector. Reliance an Indian big brother has to support other brothers of India .But big brother is implementing a strategy overtaking .It is always dangerous for any market in the future.
Thanks for This excellent presentation 👏
Big bazaar defaulted and closed on its own. Reliance simply tried to buy it.
My man, you explained the case in such a way that it cleared so many unanswered questions . The presentation was crystal clear and I am really happy for the time spent to see your video. Keep up the good work and wish you all the best💯
Thanks, Aravind. I am glad you liked it!
Great video. Informative. Thanks for making it. Good one.👍
I am glad you liked it. Please subscribe!
top class explanation
Thanks. Please subscribe for more!
When you talk about the different business models pursued, it would be relevant to note that high initial expenditures are possible when a lot of money is generated by any means. Some politicians own , say, chains of clinics. The source of the money is unclear, but expansion and growth are rapid.
It is very simple. For their business big bazar has to take loan and repay. But, Ambani shall take loan whatever the amount they want and need not pay back. It shall be written off. Therefore, they is no financial crunch.
Excellent presentation on the saga of Retail Business, rise and fall and the cascading effects in to the Retail Business models in different approach strategies. Well researched and kudos to you. ❤
I am glad you liked it. Please subscribe!
Loved your delivery! You earned a new subscriber! Keep going! I’m that subscriber letting you know, that you are bound to grow bigger !
Thank you so much!!
Based on my experience both at Big Bazaar and reliance smart, I can say honestly prices at reliance are more than the kirana shops, more than Amazon, and doesn't come anywhere close to Big bazar, and the erstwhile 'More' in terms of prices and services to the customer. Big Bazaar was a class apart no doubt.
Nice content. Impressed me on first time view😊😊
Thanks! Please subscribe for more.
The price and quality of big bazar products were affordable and great.. Why this sort of business comes to an end.. Very sad.. Somehow we're waiting eagerly to see the comeback of big bazar in our chennai..
What a smart move 👏👏👏
Good work mate.
In my opinion, the fall of Big Bazar is because of its untrained staff who did not cared of the customers and full of dust of its showroom.
Mukesh ambani really had a big brain moment.
This is a very informative video. WOW! India is a very good market for any supermarket.
Ambani did the right thing .
3:51 part 1 ends .
Super tactic by mukesh ambani
I still remember. Even kirana store owners used to buy at big bazaar
Those were the days...
I still remember when the down fall of Big bazar began, the exact day when they decided to remove game zones. I don’t remember going back to big bazar after that happened and this was before reliance mart or any other super market came into existence, maybe thats when More started growing too.
Big Bazaar was far better than whatever hell Reliance Smart will ever be. All their products, especially clothes, were top notch while being very affordably priced. I still have jeans and shirts from Big Bazaar and especially their brand DJ&C that look as good as new despite being over 10 years old. Meanwhile, everything in Reliance's stores looks cheap and tacky.
we shopped twice i guess in reliance retail/fresh/supermarket... and our experience were really bad... the quality of products were bad and the workers were also kinda rude (maybe towards us, or maybe they had a bad day, or whatever, but we didn't liked the vibes of them) and also... their parking system was also bad... there was not neatness in the store, products were all dusty... anyhoo, from that onwards, we never tried to go back there.... after this horrible experience, we always prefer D-MART.... and now we have another good supermarket near our house, so we mostly go there for monthly basis, but once in a while we def. go to D-MART. we love D-MART, GOKUL, & SHUBHAM MART (cause its near our house)....
and loved your video.... its strange, i was just talking about big bazaar few days ago to my mom that it was a good supermarket and now we don't see that or hear about it at all....
Very good explained 🌹. I don't known English fluently but i got what u said
Reliance is waiting for foreigners like Walmart to come and take over part of Relaince smart stores at some point 😮
If jio has not cleverly overtaken bigbazaar, amazon would have taken it. The culprit was Amazon. Future was running out of cash and Amazon who is a share holder obstructed every effort of FEL to raise money strangling FEL to death. Amazon India despite this unethical act used its soft power to avoid blame and instead jio got the blame
Good.....👍🏼
Thanks! I hope you have subscribed to my channel!
Because of this game,I lost 25% of my portfolio. India is not good for safe business
1st time here, subscribed
Awesome! Thank you!
@@shankar_unravelled pls create a separate channel for shorts. Did u watch ranveer allahbadia interview with Think school Ganesh? If u didn't I hope u atleast check out the conclusion of tgat video.😁
Thank you. Very well explained!
I am glad you liked it. Please subscribe!
Glad to see mukesh outmaneuvering amazon. Pretty awesome to see!!!
Yeah shame on Amazon for actually respecting the laws of India and going through the courts.
@@karanjain5663 if you really know amazon it does not follow any laws. It is well knows for abusing employees all the way from software engineers to warehouse employees. Its webpage in usa is filled with Chinese fakes. So stop the virtue signaling. While at it which law did Ambani break in this maneuvering?
@@karanjain5663Exactly right. The other party has no such compulsion.
Amazing Video. You gained a subscriber
Thanks for subscribing, Rudraksh!
Great video, really detailed and informative. Reliance is smart in terms of business due to Mukesh Ambani. By this or that, he always gets profits. Legal or illegal way, true cunning personality.
Bro just now seeing the video you reminded me of a name big bazaar...
Excellent input.
I lost my investment in future retail. 😢
Very informative
Repeating with Paytm
PayTM's story is going to be really interesting! Please subscribe for more!
Is it live now? Paytm story??@@shankar_unravelled
Most importantly shop in a comfortable atmosphere. Away from sweating in peak summers or chilling in winter or rainy days
Very good analysis
Big Bazar was more homely and affordable than any other currently active. Amazon &Reliance are not at all customer friendly.
Still feel Kishore Bhiyani is a better choice and should come back.
Good video, liked your approach.
Thanks, I hope you have subscribed!
Good video brother. Thanks YT for recommending this. Bhai please remove the mic from your face, put it lower or to the side. Tera brand banana hai, mic Wale mooh ka nahi! I loved the video good job.
Thanks for taking the time to provide this feedback! I will surely work on it. Please subscribe to be with me on this journey!
EXCELLENT 👌.
Intresting coverage I think you should make a study on Abd al-Rahman ibn Awf a great entrepreneur who had basic rules for setting up big business
Many of us want to know how ADANI became 3rd richest man after 2014??? Can you explain??
Coming soon. Subscribe so you know when it's here!
Well explained
Very well explained. I understand now that the business model of DMart is far better than bigbazaar. Renting huge spaces at exorbitant prices (adding COVID to the mix) probably caused the downfall. But don't you think Future group could have bounced back had it not been for COVID? Could shutting down of some outlets helped? I was surprised to see a huge Bigbazaar outlet in Hyderabad renamed to Reliance. Thanks for making this video.
So if a normal businessman borrows beyond his means and goes bankrupt, he is treated with contempt and disgust by the society whereas if you are a big businessman, get greedy and get thousands of crores of unmanageable debt and go bankrupt you are still respected, can still go around in your suits and give advice to others, live a high end lifestyle, etc just because you took the debt in the name of a company and not yourself and you are not liable… Great!
If u default on your two wheeler loan they will hound you .. and abuse you and chase you till you sell your tiney apartment
If u default on 1000 cr loan you a tycoon living in Dubai London Mauritius
If u delay your elec bill payment of 3000 rs they will come and disconnect in no time
If u borrow from bank
Its NPA and central govt will write off 17000 cr of bad debts
Reliance and Fretail has cheated 2 lakh shareholders, shareholders lost 98% value
The Ambanis are not to be emulated but should be a lesson for others not to have politicians as godfathers but make politicians to toe the line.... cheers
I never go to reliance stores or invest shares of reliance
Its the dirty word in the retail
Ambani and Adani have not been successful because of their leniency in bussiness matters. A aggression is an essential trait when dealing with others in negotiations and purchasing services to sustain your com0any is required
Ambani himself should be punished for acting like a crook, which in reality all business people are. The court should intervene and stop Reliance who has used the back door, not only to prevent from Amazon obtaining their rightful claim of first refusal, but also throttling the actual business owner with his abnoxious practises.
My best & super 👌
Big bazaar.
I miss you 💐
Why are u trying to copy Dhruv Rathee ,by wearing a similar t-shirt outfit worn bt Dhruv in all his videos? Thats so cringe. Be real dont copy others . Amazing India ,expert only at copying others... 😂
I’ve paid him a license fee to wear t-shirts in videos, and I need to get value for my money. So far I’ve paid him for Blue, Red, and Brown colour t-shirts, so it’s fine.
@@shankar_unravelled Well,well don't be this way bro,your contents are superb and we enjoy your videos alot. Take criticisms in a constructive approach. Keep it up with your good works and wish you the best ,you are doing a very good job👍...peace
That day is no far when India will be called ambani and adani. It's a disgust for allowing such monopoly in all the sectors. They are swallowing india
In which sector Reliance have monopoly apart from refineries upto an extent? I know you will immediately say Jio. But there is Airtel already with similar subscribers base.
@@KuchNahiBasAiseHistop.defending these corporate czars. They care for no one. Their motto is expanding their empire for their own greed. If you want to know the beginings.of Reliance read a book called Polyester Prince. Nothing good about the way they made their way up.
Big baazar was a good buying spot , they are far better than reliance
Actually Vimal then is reliance today.... cheers
Your somthing special and unique 🎉❤
Please subscribe!
Backdoor strategy master is reliance group .and master in picking companies in trouble is abg group.
Dmart clearly adopted the concept of Mc donanlds -purchase land and own the store and sell high demand items.
Movie The founder matches with the Dmart idea
That's a great movie!
Great analysis wat do u think reliance retails future will be?
My local big bazaar had amazing grill chicken and bakery items for very tasty and cheap. Sad to see it go