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Differences Between Mukesh & Anil Ambani Properties
By: Tupaki Desk | 28 Dec 2017 6:03 AM GMT
Six decades ago, Dhirubhai Ambani established Reliance Trading Corporation which is worth of 50K rupees. His sons Anil Ambani and Mukesh Ambani have made it as a company worth of some lakh crores. The company transformed with various names and finally it was named Reliance Industries, four decades ago. Mukesh Ambani and Anil Ambani have been expanding their businesses individually but Mukesh is having everything registered under the name Reliance Industries but it is Anil who is introducing different names for different companies. Both of them have parted ways by dividing the assets equally. After the partition of the industries, Mukesh Ambani experienced almost double profits but Anil has lost a lot of his stakes and is experiencing losses.
When the assets were shared equally between the both, the value of their companies is estimated at one lakh crore each. In these 11 years, Reliance Industries company is valued around 6 lakh crore rupees but Anil Ambani companies valued around 50K crore rupees. The sources revealed that Reliance Communications played the villain in Anil Ambani's life and business. The company enjoyed the second position in the market in 2010 with 17% share in Telecom field but by 2016, the company lost the share value and registered a 10% in the market. The loans on the company also slowly went up steadily leaving Anil Ambani clueless. Anil Ambani took loans for the development of his companies but unfortunately, the idea misfired and he is shutting down companies to clear the debts. This is not just about R-Com industries but it also happened to the other companies.
While Anil Ambani is facing troubles as such, Mukesh Ambani is growing steadily on every single day. Whatever Mukesh did, it turned fruitful for him. Reliance Retail stores are bringing huge profits for Mukesh. The Petroleum business is also growing steadily which is bringing huge profits. The latest sensation JIO is also introducing the services like Payments Bank, Payments App, News, Movies, Fiber Internet and other Gadgets. Mukesh entered the media field by purchasing TV - 18 Network. Because of the proper vision and constant success, Mukesh's RIL value witnessed huge growth over Anil's business.
When the assets were shared equally between the both, the value of their companies is estimated at one lakh crore each. In these 11 years, Reliance Industries company is valued around 6 lakh crore rupees but Anil Ambani companies valued around 50K crore rupees. The sources revealed that Reliance Communications played the villain in Anil Ambani's life and business. The company enjoyed the second position in the market in 2010 with 17% share in Telecom field but by 2016, the company lost the share value and registered a 10% in the market. The loans on the company also slowly went up steadily leaving Anil Ambani clueless. Anil Ambani took loans for the development of his companies but unfortunately, the idea misfired and he is shutting down companies to clear the debts. This is not just about R-Com industries but it also happened to the other companies.
While Anil Ambani is facing troubles as such, Mukesh Ambani is growing steadily on every single day. Whatever Mukesh did, it turned fruitful for him. Reliance Retail stores are bringing huge profits for Mukesh. The Petroleum business is also growing steadily which is bringing huge profits. The latest sensation JIO is also introducing the services like Payments Bank, Payments App, News, Movies, Fiber Internet and other Gadgets. Mukesh entered the media field by purchasing TV - 18 Network. Because of the proper vision and constant success, Mukesh's RIL value witnessed huge growth over Anil's business.
