Abdul Kalam who is an inspiration to many people in India said in an interview that even if there are successful stories there is actually nothing we can learn from them it is a failure story what is the real reason why Anil Ambani who is a genius businessman in predicting, is now in a situation where he is in debt and going to jail on the one hand if his own brother Mukesh Ambani is an old business on the other hand why Anil Ambani has fallen to the underworld Earlier in 2006 Anil Ambani mobile communication which was used by Reliance Communication in India was so advanced that even in 2006 why did Anil fail The reason it all started is the founder of Reliance Industries Dhirubhai Ambani. He started live as a clerk in Arab countries at the age of 17 and returned to India after acquiring good skills in commodity trading and accounting. So slowly he expanded this business with his intelligence and started a textile business even though he was another person of Reliance Company. In 1960 Dhirubhai Ambani Became number one in the textile industry by offering high quality material at a low price and surpassed all his competitors exactly.
In 2016 Mukesh Ambani used the same strategy in the case of Jio he offered internet at a lower price than other competitor companies and became number one in that business. Textile business became successful. 1980 Reliance went to first time petrol. Mukesh Ambani was entrusted with important responsibilities Mukesh Ambani did not like to talk to new people but did not like to do new business. Mukesh Ambani was appointed as a manager. He used to be a simple family member his focus was always on money and business he always tried for celebrity status. Love married in silence In 2001 Reliance Industries grew to a 15 billion dollar business but defeat of a heart attack in 2002. After Nirupyambani the elder Mukesh Ambani was the chairman but there was a clarity as to who should take care of that business no use then their mother cuckoo Ben Ambani entered the scene and separated Reliance Industries into two with certain conditions that if they were one there would never be a fight between them for the post of chairman. Mukesh Ambani took Reliance Petrol Chemicals and Reliance Industries companies.
Which are already established and giving property Anil Ambani selected the companies which are doing well in the future like Reliance Communication and Reliance Power. The Supreme Court Reliance Industries split into two of 2005 by Reliance Industries Reliance Industries Limited Anil Ambani Reliance Industries Anil Rless Network Communication System that is until then the phone was only a wired telephone and introduced the first time cellphone and wireless communication system to Indians within a few days of starting the business Reliance Communications became the number one telecom company in India with the profits from this company Anil Ambani stopped expanding this business and started the film industry for himself. Anil Ambani became the biggest movie theater operator in India by buying the movie production company Ad Films and changing it to Reliance Media Works Limited. 700 theaters in hand and even Hollywood films are also produced. In 2018 Reliance Power Company shares were listed as IPO in the stock market
Which means that if common people like us were to buy it was the most demanded share in the history of the Indian stock market. Dabaki rose to sixth place in 2008 and now the real problems have started If he wants to be in the same position in the future he needs to expand the Reliance Communication Company which is giving him more profits, but now he does not have that much money for that. He already bought theaters with the profits from Reliance Communication so for that money he took a loan of 1.2 billion dollars from three banks related to China and Reliance. To explain the power business they took a loan of almost one billion dollars from an American bank and started one of the largest gas power plants in India with a capacity of seven fifty megawatts. According to the deal made by their mother in 2005 the gas required by Anil Ambani to produce power in this power plant was obtained by Mukesh Ambani from his petroleum company. Anil Ambani accused Mukesh Ambani of doing all this behind the government back. If Anil Ambani is still in debt. Due to this issue the shares of Anil Ambani company are falling in the stock market.
In 2005 the agreement of not entering into each others business was canceled in 2010 and a new agreement was made planned Business Jio came to light We all know how much share of Jio Indian Telecom Industry Anil Ambani Reliance Communication Company value has fallen by 98% here more interesting thing is that according to their deal Mukesh Ambani should not build only gas power plant so Mukesh Ambani has planned one of the biggest hydrogen power plant in Gujarat in 2016 Sweden election networking company filed a case against Anil Ambani in the Supreme Court so the Supreme Court ordered them to pay the 18 million dollars urgently otherwise they will be put in jail. Mukesh Ambani said that if Anil Ambani goes to jail the reputation will be lost. Mukesh Ambani made this payment and saved his brother. In 2020 Anil Ambani held a press conference and stated that he had no assets of a single rupee except the debts taken from China America and Sweden banks. Anil Ambani who was the top six richest man in 2008 with assets of 42 billion US dollars which is about a few thousand crores has zero band balance for 2020.
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