Ambani holds less than 75% stake in each of the six companies in his group — Reliance Infrastructure, Reliance Naval & Engineering, Reliance Power, Reliance Capital, Reliance Home Finance and the now-defunct Reliance Communications. Going by the market value of listed companies in his group, the younger of the two famous Ambani brothers would be worth much less than the billion-dollar mark.
from Times of India http://bit.ly/2RvYHJL
Ambani holds less than 75% stake in each of the six companies in his group — Reliance Infrastructure, Reliance Naval & Engineering, Reliance Power, Reliance Capital, Reliance Home Finance and the now-defunct Reliance Communications. Going by the market value of listed companies in his group, the younger of the two famous Ambani brothers would be worth much less than the billion-dollar mark. https://ift.tt/eA8V8J June 19, 2019 at 04:00AM http://bit.ly/2hJjhqE
Wednesday, June 19, 2019
Anil Ambani may be out of billionaire club
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