Anil Ambani’s stars are in the middle of a famous and rich industrialist. In the latest racking, he got down from the Bilenier Club. Today, 11 years ago, in 2008, the country’s sixth richest industrialist Anil Ambani’s total assets ($ 42 billion) was 2.93 lakh crore rupees. Heavy debt and persistent decline in business resulted in rapid decline in his property. Today, his total wealth decreased to 523 million (Rs 3,651 crore). However, there are also substantial mortgage stocks in their value. Anil Ambani’s tropical condition also shows that only a few months ago, he was unable to pay the Rs 550 crore dues with Ericsson due to which he was sent to jail.
At the time, the elder brother, Mukesh Ambani, the country’s richest industrialist, saved him from going to jail after paying the dues. Ambani’s business fell rapidly and fell off. Four months ago, the Reliance Group’s market value was Rs 8,000 crore. On the other hand, Reliance Capital sold 10.75 per cent stake in Reliance Nippon Life Asset Management Limited (RNAM) for Rs 1,450 crore. By selling the entire stake in RNAM, it will get Rs 6,000 crore. It will be used to repay the loan. Capital debt is Rs 12,000 crore.
Debt List of Small Ambani
R Capital: 46,400 Cr.
R Communication: 47,234 Cr.