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Wednesday, July 22, 2009

Anil Ambani's menu list

  • Reliance Capital - the Rs. 5.976 crore financial services company owned by Anil Ambani - plans to list its life insurance business. If it happens the way it planned then it will be the only private player today without a foreign partner.
  • Reliance Capital is also planning to enter into the investment banking over the next 12 months to flash its presence in institutional broking and private equity.
Ambani revealed that Reliance Life Insurance recently crossed the milestone of 3 million policies in force. It is among the top 3 players in terms of the number of policies issued.
  • Anil Ambani intends to invest in airports keeping the facts and figures of loss of the Mumbai Airport and Delhi Airport in a bidding war 3yrs ago.
  • The eyes are also on to the betting big on cement and aims to emerge as one of the top five players in this area in the next 5yrs.

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