When Reliance bought IPCL it was one of the major scam.
Reason IPCL was only company other than reliance that used to make polypropylene and it was their biggest competitor
NDA Govts divestment minister Arun Shourie (BJP)sold IPCL to Reliance. Reliance bought IPCL for around 800-1000 Crore
The moment transaction was finalised ppl speculated if reliance increase a rate of polypropylene eve by Rs 1/- within years time they can see that IPCL was acquired at a free of cost.
Same thing happened within few days time.
No Doubt Reliance Chairman leaves in antilla costliest house in world.
