logo
Enjoyed Vishal Mega Mart memes? Here's all about Ram Chandra Agarwal, the man who turned the retail chain into Rs 562.35 billion giant

Enjoyed Vishal Mega Mart memes? Here's all about Ram Chandra Agarwal, the man who turned the retail chain into Rs 562.35 billion giant

Time of India22-05-2025

The recent
Vishal Mega Mart
trends has taken social media by storm. The buzz is over catchphrases like 'Ek hi sapna –
Vishal Mega Mart
security guard' are going viral, with users playfully portraying the role as India's most coveted and competitive job. The trend humorously mirrors the intensity of competitive exam prep, parodying everything from recruitment tests to high-stakes interview rounds.
But, who founded V2?
Ram Chandra Agarwal, the man behind the giant, started his retail journey in early 1994 from Kolkata, India. He has over 30 years of entrepreneurial and business acumen. He also introduced the concept of value retailing in 2001. Since July 2011,
Ram Chandra Agarwal
has been the chairman & managing director of v2 retail.
Play Video
Pause
Skip Backward
Skip Forward
Unmute
Current Time
0:00
/
Duration
0:00
Loaded
:
0%
0:00
Stream Type
LIVE
Seek to live, currently behind live
LIVE
Remaining Time
-
0:00
1x
Playback Rate
Chapters
Chapters
Descriptions
descriptions off
, selected
Captions
captions settings
, opens captions settings dialog
captions off
, selected
Audio Track
default
, selected
Picture-in-Picture
Fullscreen
This is a modal window.
Beginning of dialog window. Escape will cancel and close the window.
Text
Color
White
Black
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Text Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Transparent
Caption Area Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Transparent
Semi-Transparent
Opaque
Font Size
50%
75%
100%
125%
150%
175%
200%
300%
400%
Text Edge Style
None
Raised
Depressed
Uniform
Drop shadow
Font Family
Proportional Sans-Serif
Monospace Sans-Serif
Proportional Serif
Monospace Serif
Casual
Script
Small Caps
Reset
restore all settings to the default values
Done
Close Modal Dialog
End of dialog window.
The retail chain reported an 88% year-on-year (YoY) rise in net profit to Rs 115.1 crore for the March 2025 quarter, compared with Rs 61.2 crore in the same quarter last year.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
New Container Houses Vietnam (Prices May Surprise You)
Container House | Search Ads
Search Now
Undo
Revenue from operations rose 23.2% to Rs 2,547.9 crore in Q4 FY25, up from Rs 2,068.9 crore in Q4 FY24. Operating performance also improved, with EBITDA climbing 42.6% to Rs 357 crore from Rs 250.5 crore in the year-ago period.
EBITDA margin expanded to 14% in the reporting quarter, compared with 12.1% a year earlier. EBITDA refers to earnings before interest, tax, depreciation, and amortisation.
Live Events
For the full financial year 2024–25, the company reported a 36.8% increase in net profit to Rs 631.97 crore, while revenue rose 20.2% to Rs 10,716.35 crore.
Vishal Mega Mart, as of December 31, 2024, operates a total of 668 stores spread across cities.
What is the trend about?
Catchphrases such as 'Ek hi sapna – Vishal Mega Mart security guard' are going viral, with users humorously presenting this job as the most competitive and desirable career opportunity in India. The trend mimics the seriousness of competitive exam preparation, parodying recruitment tests and interview rounds.
One meme video shows a mock award ceremony where cricketer Virat Kohli is claimed to have left test cricket to join Vishal Mega Mart as a security guard. Another post reads, 'Application form mangwa liya hai, ab
Vishal Mega Mart Security Guard
exam clear karne se koi nhi rok skta (sic).'
A video parody also shows candidates in a selection process, undergoing mock physical tests such as crawling through muddy trenches. These depictions are satirical takes on how job aspirations are viewed in Indian society.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

UP govt revises SOP to boost financial autonomy of urban local bodies
UP govt revises SOP to boost financial autonomy of urban local bodies

Indian Express

time25 minutes ago

  • Indian Express

UP govt revises SOP to boost financial autonomy of urban local bodies

The Uttar Pradesh Urban Development Department has revised the Standard Operating Procedure (SOP) outlining financial and administrative powers of urban local bodies (ULBs) in the state. Under the new guidelines, Nagar Panchayats will now be empowered to independently sanction development projects up to Rs 1 crore, while municipal Councils can undertake projects worth up to Rs 2 crore. This marks a significant jump from the earlier limit of Rs 40 lakh set in the 2021 SOP. Officials said the updated SOP is part of a broader set of reforms aimed at promoting decentralisation, improving transparency, and strengthening urban governance. One of the key changes allows the use of interlocking tiles on roads up to 3.75 metres in width, an infrastructure upgrade that aligns with modern urban planning needs. In addition to enhancing financial autonomy, the revised SOP has also introduced stronger accountability mechanisms. If a construction project is found to be substandard, 50% of the cost recovery will be borne by the contractor, while the remaining 50% will be recovered from the concerned engineers and administrative officials of the respective ULB. The district magistrate will oversee this recovery process. Urban local bodies have also been instructed to maintain ward-wise road directories and conduct GIS mapping of existing infrastructure to aid in more efficient future planning. 'It is a step towards reforms and would improve the quality and effectiveness of urban governance and at the same time increase transparency. These revised SOP norms also aim to promote decentralization,' claimed Amrit Abhijat, Principal Secretary, Urban Development Department.

Prayagraj's women lead the way with 46.71% workdays under MNREGA
Prayagraj's women lead the way with 46.71% workdays under MNREGA

Time of India

time28 minutes ago

  • Time of India

Prayagraj's women lead the way with 46.71% workdays under MNREGA

1 2 Prayagraj: The state government's relentless efforts towards women's empowerment and employment have yielded impressive results in Sangam City. Under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), women's participation in total workdays generated has reached an encouraging 46.71 per cent. A total of 1.60 crore jobs (manav diwas) have so far been created under the MNREGA scheme across the state in the financial year 2025-26, out of which women contributed to the creation of more than 72 lakh jobs. The contribution of about 45 per cent is the highest so far. Interestingly, women are also proving helpful for MNREGA management and supervision. The number of women mates employed under the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) has increased in the current financial year. Over 5,500 women mates have been employed, marking a 3 percent rise from 41.87 per cent in 2024-25. Deputy commissioner (MNREGA) Gulab Chandra said, "As many as 6,112,887 jobs (manav diwas) have so far been created in the Prayagraj district during the financial year 2024-25. The percentage of workdays of women workers in the total workdays created has been 46.71%, which is more than the state average." He said, "The responsibility of rozgar sevak (women mate) given to rural women under MNREGA is bringing a big change in their lives." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo Chandra said as many as 852 women mates were employed in the district in the financial year 2024-25. The govt provides an honorarium of Rs 325 per day to these women mates. In this way, it turned out to be a source of additional income for them along with their household work. Namrata Devi, a resident of Arjun Patti Gram Panchayat of Handia development block of the district, says that her husband Akhilesh works in a rubber factory, but the basic needs of the house were not met. After being appointed to the job of a mahila mate in MNREGA, she is able to get extra money every month and manages the house smoothly. Sushila Devi, a resident of Jagua Sodha Gram Panchayat of Handia development Khand, claims, "Despite her work as a welder, the education of two children and household expenses were not met with this amount." She said that with the income she gets from MNREGA mate, she is able to cover the education expenses of her children.

Restaurants & hotels cheer move that was ‘much awaited'
Restaurants & hotels cheer move that was ‘much awaited'

Time of India

time28 minutes ago

  • Time of India

Restaurants & hotels cheer move that was ‘much awaited'

New Delhi: The restaurant and hotel industry of Delhi was overjoyed when Delhi CM posted on social media that the requirement for Delhi Police Eating House License has been scrapped. Various restaurant bodies welcomed LG and Delhi CM's decision and stressed that this long-awaited reform will offer significant relief and boost to the capital's restaurant and hospitality industry. The move, hailed as a milestone for ease of doing business by industry, is expected to unlock fresh growth and investment in the food and beverage sector. National Restaurant Association of India (NRAI), which had been advocating the removal of this license for over a decade, termed the decision as a progressive step. Sagar Daryani, president of NRAI, said: "This reform will not only save time and resources but also foster a more vibrant, business-friendly environment for both existing and aspiring entrepreneurs in the F&B sector." Highlighting the burdens of the earlier system, Manpreet Singh, treasurer of NRAI, noted that entrepreneurs already have to obtain several approvals—including from DPCC, fire department, MCD/NDMC, FSSAI, and excise department. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 1 Bite Daily On An Empty Stomach Can Transform Your Health Gundry MD Learn More Undo "Despite this, police still required documents like rent agreements and fresh verification every year—even for the same owner running multiple outlets. This duplicative process was time-consuming and burdensome. " Garish Oberoi, chairman of Delhi State Committee and Treasurer of HRANI said: "Many projects ready to open were delayed solely due to this license. Now, time and money won't be wasted, and restaurants won't have to wait to offer full F&B services even after paying excise fees." Pranay Aneja, executive committee Member of FHRAI, agreed, "Every hotelier in Delhi has a big smile today. We've had to run from one department to another for this one license. Now that energy can go into running our businesses." Sandeep Anand Goyle, Delhi Chapter Head of NRAI, said the association had submitted this demand to CM on May 13. "Delhi and West Bengal were the only places where this license still existed. Its removal will reduce hurdles for restaurateurs, attract outside investment, and lead to new projects, more jobs and higher revenue for the state," he said. "Many big chains had stopped coming to Delhi. This decision changes that and the entire industry is enthused," Goyle added.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store