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Anil Ambani's RInfra completes sale of Mumbai power assets biz to Adani


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brian crasto
something fishy
by brian crasto on Aug 31, 2018 12:56 PM  | Hide replies

I dont what is going on. First Anil buys Pipav Shipyard from Adani and then names it Reliance Naval. Then Anil sells Power assets to Adani. His flag ship company is in trouble with debts of rs40k crores. He came with an IPO of reliance power at rs 350 which is now quoting at rs 35. How a failed business man gets a contract from Rafael is baffling

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P S SHAH
Re: something fishy
by P S SHAH on Aug 31, 2018 06:24 PM
agree with you to some extent. Anil Ambani is a failure all the time and his capacity as an Industrialist can never be compared with his brother Anil Ambani. He is just getting advantage of the name of Ambani. There is a serious game is being played in swittch over of business among this Industrialist may be with the blessings from all government agencies. Otherwise, how all of sudden a company with huge debt can think of a debt free company invery near future and how a company which has only limited experience in ship making for name sake can get contract from manufacturing of spares or components of highly advanced Rafale Jetfighters ? I have never seen any shipyard in the world getany contract for manufacturing critical spares of highly advanced jet fighters. There is lot of difference between building Ships and manufacturing spares for highly advanced fighter plane without any past experience in this field.

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P S SHAH
Re: Re: something fishy
by P S SHAH on Aug 31, 2018 06:25 PM
It should be read as his capacity as an Industrialist can never be compared with his brothe MUKESH Ambani.

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