Reborn as the richest man in India
Chapter 339 120 billion smashed down
The movements of the three major families of Vasayan and Dutta are noticed by the Sharma family and the Pandit family.
Since everyone is in the same boat now, the amount of funds prepared by oneself is not kept secret internally.
Seeing their huge investment, Huaida certainly wanted to follow them. Unfortunately, the Pandit family was really not comparable to those companies.
This time, if I had not spent all the 3 billion that I had saved, it would be difficult for me to collect even 2 billion.
Raising 5 billion this time is really the limit of what he can do.
Compared to Huida, the atmosphere here in the Sharma family is obviously different.
They held a family meeting again.
"One is 15 billion and the other is 30 billion. It's really crazy." Ramani opened the meeting, "But this also shows that they are optimistic about Qiaogo's investment."
Yas and others all agreed with this.
The three major families, the Vasayan family and the Dutta family, raised funds by transferring shares and selling off projects, and these funds raised will be invested in this investment, which shows that they have great confidence in Qiaogo.
Of course, they also have confidence in Qiao Ge, but the 10 billion they agreed to invest before was already a lot. Now when compared with the two of them, it seems a bit small.
"I think our Sharma family dare not say that the funds combined by the three major Dutta families cannot be less than the Vasayan family, right?" someone said.
"Yes, do you want to add another 5 billion?"
"It's too little. I think I'll add another 10 billion."
Listening to their words, a trace of helplessness flashed in Yas's eyes.
He knows the financial situation in the family better than most people.
Don't say that we will get another 10 billion at this time, we can't even get 5 billion.
This time it was originally said that 10 billion would be invested, plus the 5 billion invested in palm oil last time, 15 billion would have to be raised in a short period of time. Even if their family has a deep foundation, they cannot afford such a large expenditure.
The wealth of the Sharma family is definitely greater than that of the Vasayan family, and their investment industries are wider than that of the Vasayan family.
It’s just that no one can keep so much cash.
The Vasayan family had just transferred their shares, otherwise they would not have any funds.
"We can only add another 2 billion at most." Ramani said, "Although we have taken various loans at any cost and can raise some more, this is not in line with the usual investment style of our Sharma family. Stability is still the priority. .”
In fact, following Qiaogo's investment this time, the Sharma family has become much more aggressive than before.
"Lishid is still in New Delhi. I wonder if I can find him and let the Singh family invest some money together?" Yas said.
"It's feasible. The Singh family can generate several billions. Besides, they are a large grain grower in Punjab, which will be helpful for the grain and oil industry we are about to enter." Ramani agreed, "But , you still need to talk to Qiao Ge about this matter first. The industry we want to enter now must be kept secret if we can."
As Qiaogo's strength continues to grow, even the patriarchs of traditional wealthy families like Ramani have paid more attention to Qiaogo.
Of course, the most important thing is that Qiaogo can bring them huge benefits.
"I understand." Yas replied.
The Sharma family has finally decided to invest 12 billion. If the Singh family can be persuaded to invest together, I hope they can invest about 3 billion, so that there will be 15 billion.
Of course, if the Singh family can invest more, they will certainly welcome it.
It's just that the assets of the Singh family are not too huge, and most of them are invested in land, so the cash they can use is limited.
3 billion should be their limit.
After all, the relationship between the two families is relatively good, and they still know something about these things, pretty much the same.
They all told Qiao Ge about their financial status, and Qiao Ge secretly admired them.
This time everyone really went all out.
30 billion from the three major Dutta families.
5 billion from the Pandit family.
Vasayan family 15 billion.
1200 crore for Sharma family.
3 billion for the Singh family of Lishid.
The main reason why Qiaogo agreed with the Sharma family to contact the Singh family was that they were large grain growers, and it would be very beneficial for them to join them.
Of course, Jogo also took a fancy to the influence of the Singh family among the large grain farmers in Punjab, which are very critical.
All in all, they raised a total of 65 billion, an astonishing amount of money.
Qiao Ge was not idle here either. He worked hard to find a loan, and the final loan amount shocked the Sharma and other families, a total of 25 billion.
In Hend's estimation, Qiaogo can borrow up to 20 billion, but this is the upper limit and it is basically impossible to reach it.
But now it is 5 billion higher than the maximum limit.
In fact, Qiaogo's ability to borrow so much was entirely due to his cooperation with Arnault.
The reputation of the company under his name has greatly increased, and the valuation has naturally increased.
Qiao Ge has paid off almost all the land he can afford this time. He attaches great importance to the grain market and must take this opportunity to occupy as much of the market as possible.
At the same time, the products of Qiaogo's three major cash cow companies have experienced retaliatory growth, especially in the apparel industry, which has seen an astonishing growth rate.
In December 1987, revenue was 4.1 billion, which was 1.4 billion more than the 2.7 billion in November.
In January 1988, revenue was 4.4 billion.
This growth momentum continues, with more to come.
By January 1988, Qiaogo's own funds in his account were nearly 29 billion, plus the 25 billion in loans, he had a full 54 billion in cash.
The total of all of them is 119 billion, a scale of nearly 120 billion.
"The Sitharaman family, the Aiyar family, drop 120 billion, let's see if you can catch it." Qiao Ge is looking forward to that day.
Everything is ready on my side, I just need the east wind.
After staying in New Delhi for more than a month, Qiaogo still has no intention of returning to Mumbai. How can he have the intention to return to Mumbai until the policy of liberalizing palm oil imports is relaxed.
On February 5, Qiaogo received good news from France.
Under the introduction of Arnault and Thomas, HSBC agreed to provide Panda Foreign Trade Company with a loan amount of US$100 million.
Of course, this is not unconditional and requires Qiaogo to pledge LVMH shares.
The current stock market value of Qiaogo's LVMH company is about US$300 million, and the loan is US$100 million, which is almost 33.3%, less than half, which is considered the lowest level.
Qiao Ge was not dissatisfied with this.
There's nothing I can do about it, it's up to people to decide what to eat.
I am from India, but the bank is still not sure, and the loan ratio is definitely low.
This is the result of lobbying by Arnault and Thomas, otherwise they would definitely not be able to borrow US dollars.
It is a good thing to be able to borrow it. Others, such as being looked down upon, are also routine operations. This is the case in the entire international environment. Who calls themselves Indians? If people from developed countries, such as beautiful people, can reach 50%.
With this US$100 million, Indonesia can flex its muscles.
…
"Bastard, bastard." Anil roared loudly.
In front of him stood Inkid, who had just returned from abroad.
During this period, he went to France and Italy to look for luxury goods companies, but unfortunately he was rejected in the end.
As for Anil's talk about getting more foreign exchange to buy stocks, it ended up being nothing.
Because it is simply impossible to implement.
There have been too many things going on at Reliance Group recently, and funds are tight, so it is impossible to get hundreds of millions of dollars out.
Moreover, if you want to transfer foreign exchange or something, large amounts will definitely not be able to go through normal channels, which makes it easy for someone to take advantage of you. After all, there are countless eyes watching.
So Inkid had no choice but to come back.
Anil knew that Kidd could not be blamed for this. It was because he could not provide him with enough funds. If there were enough funds, the result would definitely not be like this.
He now hates those guys who target Reliance Group, damn it.
Who doesn’t have some original sin in the process of getting rich?
It's simply shameless to talk about this kind of thing.
Let’s just talk about those high-caste traditional wealthy families. They have been sucking blood from the country’s body and profiting from various special policies. Reliance Group just joined in and took a piece of the pie. Compared to what they have done, what is it?
That's what he said, but Anil also knew that it was because Reliance Group had touched their cheese.
So they were collectively boycotted by these guys.
I have to admit that these guys are powerful, and they are even more terrifying when they join forces.
"Second Young Master, we can still take this matter slowly. It won't be too late to find a solution after this storm has passed." Yinjid saw Anil venting for a while and calmed down a lot before speaking. road.
"Yes, we are not in a hurry." Anil took a long breath and said.
It will take several years to build your own Ambani Plaza, so you just need to introduce it before it opens.
He didn't believe that he couldn't figure it out in a few years.
"By the way, didn't Qiaogo go to Indonesia at the end of last year? How was it? How was his investment there? Is the investment scale large?" Anil asked, changing the topic.
Now here in Anil, Jogo is definitely an inseparable topic.
He pays attention to Qiaogo's movements almost every day.
Even if it is overseas investment, he will not let it go.
When it comes to opponents and enemies, you cannot be careless at all, and you must master all kinds of information.
"We invested US$10 million to buy a virgin forest there, and wood processing plants and paper mills are now being built one after another..." Inkid said.
"The news is quite detailed." After hearing this, Anil smiled and said, "The people you sent are very effective."
"Second Young Master, I'm sorry, I'm not the one sent out." Yinjid said.
"Huh?" Anil asked a little confused, "Then where did you get the news?"
"Second Young Master, do you remember the Mittal family I mentioned to you last time?" Inkid asked.
"Oh, remember, it's the family that works in steel." Anil remembered, "By the way, one of his sons is running a steel factory in Indonesia, right?"
"That's right, you have a really good memory." Inkid said hurriedly, "Since the Indonesian people are unfamiliar with the place, I contacted the Mittal family and found out that it was the young master's intention. They immediately They agreed. Then they contacted their eldest son overseas, and all the news came back from him."
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