If you thought it could not get any worse for Anil Ambani, think again - News Summed Up

If you thought it could not get any worse for Anil Ambani, think again


If you thought it could not get any worse for Anil Ambani , think again. As of September 2018, the group owned seven listed companies that had a combined market capitalisation of Rs 22,238 crore. When one excludes this company from the tally, the group's current m-cap comes down to a mere Rs 10,196 crore. It expects Rs 1,700 crore from the sale of its radio business but that has now been delayed. For the same period, the combined interest amount payable by these entities was more than Rs 11,050 crore.


Source: Economic Times May 03, 2019 04:59 UTC



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