Anil Ambani
Those who were considering Anil Ambani as a drowning ship, will be surprised to know that Anil Ambani and his company are preparing to fly in the sky once again. In fact, recently, Anil Ambani's companies have achieved many big contracts. At the same time, the trust of banks has once again been established on them, due to which it is expected that Anil Ambani's company can once again come on the track and catch a high speed.
Some time ago, on behalf of Canara Bank, Anil Ambani's company Reliance Communications and the loan accounts of one unit of one unit were accused of bank fraud, which was being heard in Bombay High Court. Now in this case, it has been said by Canara Bank that it is withdrawing the allegation of loan fraud of Anil Ambani's company Reliance Communications. In such a situation, it is believed that the trust of banks is being maintained once again on Anil Ambani.
Reliance NU Santech Private Limited, a subsidiary company of Reliance Power, is in the business of Solar Energy. Recently, the Solar Energy Corporation of India had talked about ending the purchase agreement with this company. Regarding which Reliance Power had appealed in the Delhi High Court and the Delhi High Court has ordered the case to maintain the case and stopped the Solar Energy Corporation of India Limited from taking any force.
Anil Ambani's company Reliance Defense Limited has partnered with US Defense Contractor Coastal Mechanics Inc. The focus of both companies is on the MRO market of India's Rs 20 thousand crore defense. For this, the company has made such a big deal.
Reliance Defense will form a joint venture in Maharashtra in collaboration with the American contractor, which will provide the country's major defense products to provide service, repair and overhaul service. The partnership aims to modernize more than 100 Jaguar, 100 MiG-29 fighter jets, 20 Apache attack helicopters and L-70 air defense mines.