The younger brother defaulted loan
& sold company to elder brother to repay loan.
The elder brother took loan from
same bank to take over the younger brother's company.
Now the bank got reduced NPA with
stronger loan book. Nothing came or gone despite everything got good.
Company Share prices got doubled in
a week.
Mukesh allowed Anil to announce bad
news and drop the share prices.
The public sold off and Mukesh
bought the shares (through loan) at dead cheap prices.
Now prices are high. He pays off the
loan to the bank by transferring it shares or with partners / partial sell in
public. He has a company at zero cost.
That's Ambani Brothers for you
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