!-- Start of StatCounter Code --> counter

Wednesday, July 20, 2005

anil and political risk

Anil Ambani has raised the amount his firm ADA enterprises will invest in Reliance Capital from Rs 1000 crore and Rs 1500 crore, a whopping Rs 500 crore. was the increase brought about by a whim? for somebody who potrays himself as a professional manager.

The amount is large by any stretch of imagination and leaves one wondering how it happened.
The only possibility i can imagine is that some politicians wanted to be a part of the deal and anil was forced to take funds from them, afterall he had sought their help during the settlement and there can no points guessing the group of politicians.

now, if sahara and they get in trouble, there can be blood on Anil's hands.

also, the equity structure of ADA, i am sure, will make Reliance holding pattern look elegant.

PS: I am still unable to google the Reliance Capital website. It is still shown as a part of Reliance Industries website here!

3 Comments:

Anonymous Anonymous said...

http://www.indianexpress.com/full_story.php?content_id=75440

12:55 PM  
Anonymous Anonymous said...

http://www.indianexpress.com/full_story.php?content_id=75440

What do you think? Substance or rabid left-wing propaganda?

12:56 PM  
Anonymous Anonymous said...

certainkly not left wing propaganda.
to believe her writing or not is an individual choice.

but generally one has to take the writing serious as she has broken or covered 2 stock market scams

tvm

2:29 AM  

Post a Comment

<< Home

Google