The "Ek Villain" isn't an external competitor or a government regulation. It is the company's own inability to turn a profit. Look at the cash flow statement. If CFO (Cash from Operations) is negative for five consecutive years, the villain is already inside the house.
India, specifically, saw a sharp rise in cybercrime during this period, jumping from ~394,000 cases in 2019 to over 1.4 million in 2021 AAG IT Services Immutable Data Vaulting. Ek Villain Index 2021
: The Index posed a constant question to the audience: Who is the real villain? It blurred the lines between the four leads, suggesting that "in every love story, there is a villain". The "Ek Villain" isn't an external competitor or
The US Federal Reserve signaled tapering in late 2021. The moment interest rates started rising, the discount rate for valuing future profits increased. Suddenly, a company losing money today was worth less than a company making money today. The villain had changed the math. If CFO (Cash from Operations) is negative for