Advertisement
Sunday, Oct 17, 2021
Outlook.com

Mukesh Ambani The DivisionFormula

Mukesh Ambani The DivisionFormula
Mukesh Ambani The DivisionFormula
outlookindia.com
-0001-11-30T00:00:00+05:53
  • Owns the cashcow RIL and IPCL

  • To pay a huge amount to Anil

  • RIL to continue guarantees to Reliance Infocomm and RCIL

  • Gas supply commitments to Anil-owned Reliance Energy

The Pressure Points:
  • Has to be ready for his next business battle with Purnendu Chatterjee who, after his takeover of Basell, has announced he wants global dominance in petrochemicals

  • May not be able to use RIL's cashflows for expansion/diversification due to compensation commitments to Anil; may hurt RIL's investment plans

  • His credibility has been dented because of corporate governance issues raised by Anil; needs to rebuild it

  • May waste his time nursing the beating his ego has taken in the past 7 months; may spend a lot of his energy thinking of ways to get back at Anil

  • Will face pressure about key loyalists-has publicly distanced Anand by removing him from IPCL board and Manoj Modi will find himself in the dock on the issue of re-routing of international calls
Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

Two Vendors From UP, Bihar Shot Dead By Militants In J&K

Two Vendors From UP, Bihar Shot Dead By Militants In J&K

Police claim 13 terrorists have been killed in Jammu and Kashmir in nine encounters over the last nine days.

In Ongoing Poonch Encounter, Bodies Of Two Missing Soldiers Recovered, Toll Rises To Nine

In Ongoing Poonch Encounter, Bodies Of Two Missing Soldiers Recovered, Toll Rises To Nine

According to the Army, the bodies of a jawan and the JCO were recovered during the search operation on October 16.

SAFF 2021: Chhetri Equals Messi Feat As India Thrash Nepal To Win 8th Title

SAFF 2021: Chhetri Equals Messi Feat As India Thrash Nepal To Win 8th Title

India crushed Nepal 3-0 to win their 8th SAFF title, thanks to goals from Sunil Chhetri, Suresh Wangjam and Sahal Abdul Samad.

Kerala: Six Dead, 12 Missing As Heavy Rains Cause Flash Floods And Landslides

Kerala: Six Dead, 12 Missing As Heavy Rains Cause Flash Floods And Landslides

Several people have been injured and displaced. Dams in many districts are nearing full capacity. Small towns and villages in the hilly areas are totally cut off.

Advertisement