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Anil Ambani stocks plummet; 2G probe widens


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Balan Iyer
Anil Ambani Group
by Balan Iyer on Feb 09, 2011 06:31 PM

Today was the day when the shares of Anil Ambani Group suffered whole sale massacre.
Total mismanagement coupled with the threaten
ing of the auditors did the fine job knocking
out the shares flat.The act of dumping of his
group shares was pioneered by the FIIs and i
am sure he would have a tough time to mop up
resources for his future projects as his person
al brand equity has hit the rock bottom.

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aak
The corporate Affairs Minister, Murali Deora
by aak on Feb 09, 2011 05:42 PM  | Hide replies

I don't call Mr. Murali Deora a gentleman. He is acting a like a child. Now he got the Corporate Affairs portfolio, he is now targetting Mr. Anil this way (corporate governance ). Mr. Murali, go and check Reliance Industries Corporate governance. Earlier he used his all petroluem ministry power to outst Anil in the gas business. Now he wants to outst him from business itself. Mr. Murali people are getting educated, you cannot fool them always. First be clean, then go cleansing act. Your government filled with corrupts. You are forgetting about the power of people. See what happened in Egypt. Good luck

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fightagaintevils
Re: The corporate Affairs Minister, Murali Deora
by fightagaintevils on Feb 09, 2011 05:59 PM
I dont consider Mukesh,ANil or Tata to be pure.U r rightly attacking Mukesh,but Anil is also a crook.Take Radia tape.She is alleging that Rcom customer information was forged.See that guy how gleefully ringing the deathknell for the investors.Its better Govt audits all the listed firms buks with good auditors.

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aak
The corporate Affairs Minister, Murali Deora
by aak on Feb 09, 2011 05:41 PM

I don't call Mr. Murali Deora a gentleman. He is acting a like a child. Now he got the Corporate Affairs portfolio, he is now targetting Mr. Anil this way (corporate governance ). Mr. Murali, go and check Reliance Industries Corporate governance. Earlier he used his all petroluem ministry power to outst Anil in the gas business. Now he wants to outst him from business itself. Mr. Murali people are getting educated, you cannot fool them always. First be clean, then go cleansing act. Your government filled with corrupts. You are forgetting about the power of people. See what happened in Egypt. Good luck

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Srinivasan Iyer
Future of ADAG
by Srinivasan Iyer on Feb 09, 2011 05:09 PM

It is too early and not right to condemn Mr ANIL AMBANI based on media reports and half information. Let us watch and wait. Till then give him the benefit of the doubt. Stock market reactions are not always based on fact!! Some are blaming his antecedants which is not fair after all these years!

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