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Tuesday, Oct 26, 2021
Outlook.com

Anil Ambani The DivisionFormula

Anil Ambani The DivisionFormula
Anil Ambani The DivisionFormula
outlookindia.com
-0001-11-30T00:00:00+05:53
  • Owns RCIL, Reliance Infocomm, Reliance Energy and Reliance Capital

  • Gets a huge sum, gas commitment and RIL's existing guarantees

The Pressure Points:
  • Will be stuck with Infocomm's legal imbroglio; the case still pending and security agencies continuing their investigations into the re-routing issue

  • Will have to deal with Infocomm's huge accumulated losses and non-receivables, despite a meagre net profit last year

  • Will have little money left, despite cash compensation, because all his firms will be cash-guzzlers; all four firms need huge investments in the near future

  • May grapple with Reliance Capital; will need to think of making it a one-shop financial services company

  • Will need to rethink Reliance Energy's Rs 11,000-crore power project in UP; despite gas commitment from RIL, the pricing may turn into a thorny issue
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