RELIANCE INDUSTRIES LTDEducation
Reliance Ind | Ethical issues in accounting
The bad news is coming from the USA.
a big brokerage house Bernstein has said that reliance jio would have lost a 15,000 Cr in the current fiscal year if the standard accounting followed.
The company is showing subsidies expenses of jio handset in Reliance retail's accounts.
My personal viewpoint.
I usually don't like to invest in companies of reliance group, Adani group etc. I internally feel these companies do unethical practices in their business.
a big brokerage house Bernstein has said that reliance jio would have lost a 15,000 Cr in the current fiscal year if the standard accounting followed.
The company is showing subsidies expenses of jio handset in Reliance retail's accounts.
My personal viewpoint.
I usually don't like to invest in companies of reliance group, Adani group etc. I internally feel these companies do unethical practices in their business.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.