Finance With Palak (Stock Market)📈
Finance With Palak (Stock Market)📈
February 20, 2025 at 06:13 PM
_Bira 91's ₹80 Crore Blunder! 🤯_ Here are the key points: *What happened? 🤔* - Bira 91 lost ₹80 crores over a single word 📝 - B9 Beverages, Bira's parent company, dropped the word 'Private' from its name 📊 - Switched from B9 Beverages Private Ltd to B9 Beverages Ltd 🔄 *The Compliance Nightmare 🚨* - Re-register product labels across multiple states 📝 - Pause sales for months, even as demand soared 🕰️ - Write off 80 crore worth of inventory 📉 *The Damage 📊* - Sales tanked by 22% 📊 - Losses shot up by 68% 🚨 *The Lesson 🚨* - In India, a killer product isn't enough 📦 - Paperwork is crucial 📝 - Compliance is key 🔒 - A lesson that can cost your brand 80 Crs 📊 too if you're not careful! 🚨

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