HENCY R SHAH AND ASSOCIATES

Reliance is on a War with every large business in India   Mukesh Ambani's Reliance is making bold moves across India's top industries. He is acquiring one industry at a time and keeps the customer on his own side. Jio 4G disrupted Indian telecommunication industry and killed many players, but customers love it! Jio TV is now taking over Indian OTT with free IPL, almost killed Hotstar, but customers love it! This is crazy, but it's happening! Here's a snapshot of how they're taking on the biggest players targeting the largest market share: 📈  Finance - Jio Financial Services vs Bajaj Finance Market Size: $350B | Growth: 22% | Leader: Bajaj Finance (30%)   🥤  Soft Drink - Campa Cola vs Coca-Cola Market Size: $8B | Growth: 9% | Leader: Coca-Cola (40%)   💄  Cosmetics - Tira vs Nykaa Market Size: $20B | Growth: 15% | Leader: Nykaa (25%)   👗  Clothing - Ajio vs Myntra Market Size: $70B | Growth: 12% | Leader: Myntra (35%)   🎬  Streaming -...

Exploring tech, legal provisions to keep e-Rupee transactions 'anonymous' RBI is exploring technological solutions to keep retail transactions using the digital rupee ‘anonymous’. RBI could also explore legal provisions to keep the transactions anonymous. It will weigh its options as things evolve but will ensure the anonymity of transactions up to a certain limit, which is a basic feature of cash transactions. The basic distinction between Unified Payments Interface (UPI) transactions and digital rupee transactions is that UPI is a payment mode, which involves the intermediation of banks, and the digital rupee is money. So, all UPI transactions hit banks’ core banking solution (CBS). But in the case of a digital rupee, once the money is withdrawn from the bank and reaches the customer’s wallet, the transaction that takes place following this process is essentially a transfer of money between two wallets. Experts have suggested that when a bank ...