abhay 0 Report post Posted July 12, 2006 (edited) Mukesh Ambanis Loot EmpireFriends, Newsweek has given extensive coverage to how Ambanis since 1966 through all kinds of manipulations, corruptions and fraud has created Reliance worth $35b but it didn’t tell that Google in a span of 5-6 years is worth $128b today. This google had achieved without corrupting any institution and not a single under hand deal. http://www.marketwatch.com/tools/quotes/qu...p;dist=dropmenu Invariably Reliance entered through back doors displacing established equally competitive rivals through better tax favors of the government. “In India, the government is neither visionary nor efficient enough” – Mukesh Ambani. Only pampered baby of Indian Government too thinks Manmohan Singh has no vision and no efficiency even as he has opened the gates of Indian treasury for Ambanis to Plunder. Obviously people like me label him as Quack PM and Commission Agent. There is not a single product which can be globally competitive and thousands of crores of rupees worth of incentives and subsidies are required to sell its products out side India. Reliance paid almost nothing for mobile service licence, everything it got at half price when improved manufacturing reduced their cost but still Reliance telecom is not able to beat Airtel and Hutch in most sectors and now wants to switch to GSM system- In such a situation it would have become bankrupt in developed countries. Its Petroleum Refinery took Rs.1568 crores export incentive to export its products. From the very first day Reliance came in to existence as Reliance is a huge Liability on India. “Reliance has all but secured 150 square kilometers of largely farm land east of Mumbai, at prices Jain estimates at 1/1000th those in downtown Mumbai. The government holds some equity in the projects, but as a largely "silent" partner,” Black faced Mukesh vision is so fast that with a couple of days of giving this interview it wanted 50% all the cattle in India to deliver milk to Reliance. Newsweek also missed on another grand plan to take over farm lands and employ farmers as labor @ Rs.20/- day. Ravinder Singh ******************************************************************************* Bigger, Faster, Better India's top tycoon hopes to kick the country's nascent boom into hyperdrive by remaking its stores, farms and even its biggest cities. By Ron Moreau and Sudip Mazumdar Newsweek International July 17, 2006 issue - Mukesh Ambani .............. ........... ........... an," says Sanjay Nayar, the CEO of Citigroup in India. After all, the bigger and faster, the better. © 2006 Newsweek, Inc. http://msnbc.msn.com/id/13773308/site/newsweek/ http://www.sikhe.com/modules.php?op=modloa...x&tid=23878 theres nothing i can say about this shallow + stupid article!! just want your comments Edited July 12, 2006 by abhay Share this post Link to post Share on other sites
harsh 1 Report post Posted July 13, 2006 yes 'Ravinder Singh' seems to be an idiot, and a typical jelous person who himself couldnt do anything in life and is now pointing others mistakes and critising them. mr Ravinder Singh, if you have guts, come out and touch the sky like ambanis. Share this post Link to post Share on other sites
linuxguy 0 Report post Posted July 13, 2006 Yeah, I mean Reliance and Google are totally unrelated! Share this post Link to post Share on other sites
abhay 0 Report post Posted July 13, 2006 yup !! i know !! Share this post Link to post Share on other sites
