Reborn as the richest man in India

Since the Ambani family's stock accounted for more than 40%, the proportion was high enough, so although those people's actions were noticed, Droubai was not too worried.

Why not directly control more than 50%?

This is actually a gesture to tell investors that Reliance Group is a democratic company and not someone else's dictum.

Look, the Ambani family doesn’t own more than half of the shares. This is sincerity.

Of course this is all surface work.

Many other major shareholders have close relationships with Droubai. How could they not stand by him?

Reliance Group is naturally his talking point.

But this kind of superficial work is still very effective.

Before this persona collapse, Reliance Group shares were in high demand.

More than a quarter of the country's investors hold Reliance Group shares, which allows them to better raise funds in the market.

However, Qiaogo's statement still had to make Droubai more vigilant.

Once Qiao Ge joins forces with those guys, he will still have some troubles.

50 billion is not enough to control its own Reliance Group, but if it is coupled with the power of the traditional high-caste wealthy families, it will indeed be very troublesome.

"Let's raise our shares to more than 50% first, right?" Anil said. Only in this way can he feel at ease.

"Where are the funds?" Dhirubhai glanced at him and said, "Right now we must ensure cash flow. The next step is the most difficult period for our Reliance Group, so we must be cautious at every step."

Anil was embarrassed to speak out, of course he understood this.

For example, Big Brother's petrochemical project will require more than 10 billion in subsequent construction costs. All of this is money.

And the follow-up of its own Ambani Plaza will also require a lot of funds.

If these were no problems before, just go to a bank for a loan. There are other lending institutions that are also very happy to lend you money.

But now, banks have imposed restrictions on themselves, and it is not so easy to get loans.

Those lending institutions took advantage of the situation and naturally distanced themselves from themselves.

After all, his family is now being targeted by the government.

Then the cash in your hands is very important, otherwise once the funds are broken, it will be the end.

"Of course, you don't have to worry too much." Droubai added, "I will keep an eye on him. If I really find out that this kid is colluding with those bastards and has the ambition to control the Reliance Group, I will buy the shares immediately. I will have it in time. "

Hearing this, Anil and Mukesh were secretly relieved.

They have immense trust in their father, which can be said to be worship.

In their eyes, their father is omnipotent and can overcome any difficulty, and this time is no exception.

Qiaogo has been very high-spirited recently because the palm oil market is moving exactly according to his plan, and the market performance is even better than he expected.

Because there are many more people investing in this emerging industry than they expected, which means more money is pouring in.

For a time, palm oil continued to be imported from abroad.

The less is tens of tons or hundreds of tons, and the more is tens of thousands or hundreds of thousands of tons.

With the continuous influx of palm oil, price wars are inevitable.

Since the price of palm oil of the Jogo and Sitharaman families is set here, others can only refer to this price. This price is obviously a loss for everyone.

So Qiaogo knows very well that this situation will not last long.

Not everyone has enough money to burn.

It is okay to burn money in the short term by seizing the market, but if it lasts for a long time, many people will be unable to bear it and will have no choice but to exit the industry.

But Qiao Ge is still very clear in his heart that the showdown with the Sitharaman family is long-term, and he will rely on his cost advantage to drag them to death.

However, bad things also happened, and it turned out that blessings and misfortunes depended on each other.

"Mining?" Qiao Ge asked a little surprised after hearing Hudi's report.

"Yes, the telegram just came from Mr. Clark today, saying that this iron ore mine is right next to the forest we bought. If mining starts there, this land will not be used as oil palm in the future. It’s a planting base,” Hudi said.

Once a mine is opened, all kinds of pollution will come. Do you still want to plant oil palm next to it?

Don’t think about it, basically you can’t plant anything.

For Qiaogo, whether it is paper making or wood processing, the main purpose is to open up an oil palm planting base.

If this land cannot be used as a planting base, then your losses will be considerable.

"Is there rich iron ore there?" Qiao Ge frowned.

Compared with the opening of the mine, the profits of our own wood processing and paper mills are definitely far less than that.

Therefore, even if he appeals, there is probably nothing he can do.

Those local governments must support more profitable projects.

I was a bit unlucky. I didn't expect that there was an iron mine nearby.

"No, according to the news from Clark, there is iron ore there, but the quality of the iron ore is not high, and the volume is not large. If it really starts production, it is actually very likely to lose money." Hudi said.

"That's it. Can we communicate with the buyers over there?" Qiao Ge said, "There is a possibility of losing money. Can we ask them to think about it carefully? And the government also needs to ask. No matter what, so do we. A lot of investment has been made. Tell the local government that if this is the case, subsequent investment may not be considered."

Qiao Ge secretly sighed in his heart. The business environment in Indonesia seems to be still not as good as that in Malaysia.

Compared with the Malay side, it is more complete.

Fortunately, the US$100 million loan I borrowed from HSBC has not yet been invested.

If Indonesia cannot give me a satisfactory solution to this matter, I will definitely not continue investing.

Investment in the palm oil industry in Indonesia is actually not so urgent. After all, it is still dominated by Malays.

It won't be too late to intervene in the future when I become stronger.

"Boss, I have been in contact with the buyer, but the other party said that he is very optimistic about this iron ore, so he will not give up." Hudi said, "As for the government, they can't refuse the price offered by the other party, which is nearly 20 million US dollars. , so they were wondering if they could compensate us a little bit from somewhere else.”

"Didn't you say that the quality of the iron ore there is not high and the content is not high?" Qiao Ge was a little confused.

Since it is not a good ore, why would the other party buy it at a high price?

As for the government’s compensation, forget it, how much can it be?

He invested nearly 10 million U.S. dollars and compensated himself 10 million Indonesian rupiah?

"Boss, that buyer is also Indian. I wonder if he is coming for us?" Hudi said.

"Who?" Qiao Ge looked at him in surprise.

When did you offend someone in Indonesia?

And also Indian?

"It belongs to the Mittal family." Hudi replied. Seeing that Qiaogo seemed a little unresponsive, he couldn't help but added hurriedly, "It's the Ispat Steel Company. The current leader of the Mittal family is Lal Mittal, his eldest son Lakshmi has been running a steel company in Indonesia for more than ten years, and this time he wants to acquire this iron mine."

"It turns out it's him." Qiaogo murmured.

"Yes, the boss also knows about him." Hu Di said.

In fact, Qiao Ge knew that Lakshmi Mittal was still a memory from his previous life. After all, he was the Steel King.

Of course, he is not the Iron King yet.

Qiao Ge couldn't figure out why this guy was targeting him. He had never had any interactions with him before.

At least these industries have nothing to do with steel, and there is no harm to their interests.

"I don't know him and I don't know him. You said he came for us? Why?" Qiao Ge asked.

"Boss, after knowing that the other party is a member of the Mittal family, I sent someone to investigate some matters about the Mittal family in China and found that they are now very close to Anil." Hudi said.

"Oh, I see. Getting together with Anil was probably Anil's instruction." Qiao Ge understood.

"Boss, do you still remember the land transferred by the three major Dutta families not long ago?" Hudi said, "Several of them were taken over by the Mittal family. It is said that they used these lands to invest in Ambani Plaza project."

"Tsk, tsk, tsk, I didn't expect that this relationship is closer than I thought, then it really is Anil's intention." Qiao Ge said coldly, "I kind of underestimate Anil. I didn't expect that this guy is in the country. After failing again and again, I actually took my idea abroad, I admire you."

"Boss, they can only use these unattractive means. Others are no match for you, boss." Hu Di said.

Anil's Ambani Plaza seems to be booming now, but if there is no continuous large-scale capital investment, how can the basic facilities there be provided?

The government is definitely not counting on it, and Reliance Group is also in trouble right now, which means that the new city project in Ambani Plaza has little chance.

Even my own boss said it was impossible to participate in such a huge investment.

Anil was so inflated that he thought he had found the right path, but he didn't know that there was an abyss ahead.

However, Hudi couldn't blame Anil if he thought about it. After all, the success of his boss's Gupta Plaza project in New Delhi was noticed by everyone.

Anil is just making some changes based on the boss's work. In their opinion, it may be an optimization, but this optimization is very fatal.

Since these are new projects, everyone may not be aware of the risks involved.

Maybe someone on Anil's side is aware of it, and probably doesn't dare to pour cold water on Anil at this time.

After all, now is the time for Anil to be full of passion and energy.

And even if someone realizes this, they are probably in a state of uncertainty, so if they remind Anil at this time, isn't that asking for scolding?

"It's true that you are a mother if you have breasts. The government in Indonesia is really cheap, isn't it because the price Lakshmi gave in the mines is not low." Qiaogo is too lazy to pay attention to Anil now, but the Indonesian matter still bothers him. A little depressed.

If this is not resolved, my first stop in Indonesia will not go smoothly, which is not a good sign.

"Boss, Anil must have made some promises to the Mittal family," Hudi said.

Of course Jogo understands this. Don't say what promises are made. As long as they can get on the big ship of Reliance Group, even if there are no promises, the Mittal family will probably show their kindness to Anil in various ways.

Now in Indonesia, the Mittal family can obviously help Anil, and they will definitely seize this opportunity.

"Ignore them first, the iron mine in Indonesia must be solved." Qiaogo said, "If the local government can't solve it, then let Clark go to the higher level. Didn't the diplomats who came to us at that time have contact information? Just look for them. If they don't solve it, we won't invest in Indonesia for the time being."

In fact, Qiao Ge has another way, which is to ask Huang Zhiyuan and Chen Jianghe for help. It is not a big deal to ignore this kind of thing, and there is no need to ask them to come forward.

In particular, Qiaogo has to look at the attitude of the Indonesian government. If he can't help him with such a small matter, he would be a fool if he continues to invest.

"Okay, boss, I'll send a message back to Indonesia right now."