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ANIL AMBANI'S UNBELIEVABLE COMBACK !!!!!!!! #business #ambani #stockmarket #indianstockmarket
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Anil Ambani, who was once completely bankrupt, has now become a billionaire again. But how?
In 2020, Anil Ambani declared bankruptcy and had a debt of over 20,000 crore rupees. However, recently, his companies have been performing very well, and Anil Ambani's net worth has surpassed 8,000 crore rupees.
Since Anil Ambani's sons, Jai Anmol and Jai Anshul Ambani, took over the business, the companies have been performing exceptionally well. Additionally, Anil Ambani has made significant changes to his business model. He reduced debt by selling non-core assets and focused more on core businesses such as energy and infrastructure.
Recently, he also completed a 400 crore loan settlement with ICICI, Axis, and DBS Bank. His companies have become much more efficient by adopting AI, data analytics, and cloud computing.
This strategy is working because Reliance Power and Reliance Infrastructure are at their all-time highs in the past five years
In 2020, Anil Ambani declared bankruptcy and had a debt of over 20,000 crore rupees. However, recently, his companies have been performing very well, and Anil Ambani's net worth has surpassed 8,000 crore rupees.
Since Anil Ambani's sons, Jai Anmol and Jai Anshul Ambani, took over the business, the companies have been performing exceptionally well. Additionally, Anil Ambani has made significant changes to his business model. He reduced debt by selling non-core assets and focused more on core businesses such as energy and infrastructure.
Recently, he also completed a 400 crore loan settlement with ICICI, Axis, and DBS Bank. His companies have become much more efficient by adopting AI, data analytics, and cloud computing.
This strategy is working because Reliance Power and Reliance Infrastructure are at their all-time highs in the past five years
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