The plight of being an ADAG shareholder

Over 6.5 million investors may well have lost all they bet on Anil Ambani’s group companies.

It may well be seen as a last-ditch attempt to save his business. In June, soon after the government began easing the nationwide restrictions imposed in late March to control the spread of the pandemic, Anil Ambani began turning up for work at his office near Mumbai airport. Clocking in at 10 am every day, he stays on till 7 pm. Six days a week. Often, he is the lone senior executive in office, as even his CEOs stay away.

But if you were to ask what is keeping the younger brother of India’s richest man, Mukesh Ambani, so busy, …

Author

T Surendar

Surendar helps lead the newsroom at The Morning Context as executive editor. Over the years, Surendar has worked in industries from pharmaceuticals to diamonds, as well as a stint as an equity analyst. In his long career as a business journalist, he has led teams at The Times of India, India Today and Fortune India. He was part of the founding team at Forbes India and interned at and published in The Times, London.

Executive Editor

surendar@mailtmc.com

Mumbai