Reborn as the richest man in India

Although the cancellation of the petrochemical license has dealt a blow to the Reliance Group, it will also offend many people.

The most direct ones are the other two companies with licenses.

They were implicated by the Reliance Group, and the city gate was on fire, affecting Chiyu.

These two families are the Vasayan family and Deliha.

"In this case, what will the Vasayan family do?" Qiaogo asked.

"There's nothing we can do about it," Manmohan sighed. "Generally speaking, this government can get the support of many people, and the benefits outweigh the disadvantages."

Qiao Ge thinks about it. The biggest victims of this policy are the three companies with licenses.

What can benefit are more families and forces.

They are definitely supporters of this policy.

Jogo feels that Rajiv may not only be trying to suppress the Reliance Group this time, but also wants to use this to sell some benefits to these powerful families in order to gain their support.

Drawing one faction against another is a politician's specialty.

As long as it benefits you, nothing else matters.

After all, only three companies were lost, which was nothing compared to the support that Rajiv received.

It was probably the Congress party that felt the opposition's momentum.

Therefore, various means must be used to win the support of major forces.

"Qiaogo, what do you think of this election?" Manmohan suddenly asked.

"Mr. Singh, I'm not interested in politics," Jhogo replied.

Manmohan sighed secretly in his heart.

It is impossible to say that Djogo is not interested in politics.

For example, Qiao Ge knows a lot about various government officials he has made friends with.

He was not surprised by these actions.

With Qiaogo's current strength, it is impossible not to interact with the government.

Just like myself, isn't it just tied to Qiao Ge?

Therefore, Manmohan probably understood what Qiao Ge was thinking, and he probably really didn’t think much of the Congress Party.

To be honest, Manmohan is also very uneasy now. He knows the current situation of the Congress Party better than Rajiv.

There are too many villains in the National Congress Party. Those guys are flattering and hiding many unfavorable things below. That's why the Prime Minister is so optimistic and mistakenly thinks that the situation is not bad.

The impact of the military kickback this time was so bad that Manmohan did not expect the Prime Minister to do such a thing. It was simply giving votes to the opposition.

Coupled with the defection of Reliance Group this time, the situation is not good.

In Manmohan's view, the crackdown on Reliance Group can actually be slowed down.

No matter what, we have to wait until after this election.

Even if they want to suppress, the intensity should be smaller. Now it is too big all of a sudden, which makes the Reliance Group jump over the wall in a panic, completely tearing up their faces, and driving them to the opposite camp. This is a decision mistake.

But Manmohan also knows why this happens.

It is still the result of the lobbying of those traditional wealthy families in front of the Prime Minister. They have greater influence on the Prime Minister, and he cannot stop these things at all.

"I'm not optimistic this time." Manmohan sighed.

"I think under the wise leadership of the prime minister, there should be no problem." Jogo said.

"You kid~~" Manmohan said nothing more. His big brother Qiao Ge was just some words of comfort and he would not take them seriously.

Still a wise leader?

Rajiv promised to build a "clean and effective government" during the last election, but he failed to achieve this at all. The arms purchase kickback scandal alone is disappointing enough. Coupled with various inflations, the cost of living for the people has skyrocketed. Rising, public opinion is worrying.

Naturally, the Reliance Group, Deliha and others strongly opposed it. They criticized the government's bad behavior in various newspapers, but the Vasayan family was temporarily calm.

Remaining silent on the cancellation of petrochemical licenses.

This surprised Qiao Ge.

He also called Rupa specifically to ask.

Rupa said that the family should have reached an agreement with the government, and the government provided some compensation. Rupa did not know the specific amount.

Since this policy could no longer be stopped, the Vasayan family had no choice but to accept it.

The other two companies received no compensation at all.

Compared with this, the Vasayan family is completely acceptable.

According to Rupa, the reason why the family was able to receive compensation was due to Qiaogo.

Because their family now stands with Qiao Ge.

Qiao Ge dare not take credit for this.

Of course, I can't say that I have no credit at all. There may be some reasons. After all, I have indeed formed a huge force, and even the government cannot underestimate it.

But in Qiaogo's view, what matters more is the status of the Vasayan family itself.

They are a traditional wealthy family with many wealthy connections, so the government gives them preferential treatment.

As for why Deliha and the others did not receive compensation from the government, the reason is simple: they are not strong enough.

Rajiv ignored them completely.

This is normal. Deliha and his group are still far behind these traditional wealthy forces.

Strength, strength determines status.

"The three Dutta families are so lucky," Lupa said at last.

This is not just his sentiment, but also one in the family.

Rupa still remembers that Qiaogo made suggestions to his side at that time, such as selling petrochemical projects.

But his family was unwilling to give up, and in the end they just took the form of transferring some shares to withdraw funds.

The three major Dutta families completely sold the project.

When it was sold at that time, the value of the license was included.

If the Duttas had not sold the project, the family might have suffered a heavy blow.

You know, the three of them paid the highest price for obtaining the license, 22.8 billion.

Wouldn't it be fatal if it were cleared all at once?

After all, the misappropriation of funds from the government fund supervision account has caused the Dutta family to lose 25 billion.

If this is added to 22.8 billion, it can almost equal the wealth of a family.

Who can bear this kind of loss?

Because of this incident, the three of them traveled from New Delhi to Mumbai to express their gratitude.

This represents their family.

Jogo's advice at that time was too important to them.

"It has nothing to do with me. I can only say that it is your decisive decision-making and luck. I did not expect this situation." Qiao Ge said with a smile.

"No, no, no, if it weren't for your suggestion, our three major families would still be hesitating." Hebicha said with a smile.

"Brother Qiaogo, that's 22.8 billion. Thinking about it makes me scared," Harpal said.

"It's terrible." Noma sighed. "Who would have thought that the government could do something like this. The previous regulatory funds were gone. If it was gone here, someone in the family would really jump off the building."

"Haha~~~" Hebicha burst into laughter and said, "Not many people in our family will jump off the building now, but some people may be ready to jump off the building."

"Huh?" Qiao Ge didn't understand what Herbiza meant.

"Deliha and the others." Hapal noticed Qiaogo's expression and couldn't help but explain, "They are miserable."

"Yes, they were miserable." Noma laughed loudly. "Didn't they take over our petrochemical project for 28.5 billion? Most of the value was the license."

Qiao Ge was stunned for a moment, then smiled.

Indeed, for Deliha and the others, this was a disaster.

Of the 28.5 billion, licenses accounted for 22.8 billion. Now the value of this part has returned to zero, which is equivalent to throwing it directly into the water.

Qiao Ge felt that Deliha and his friends probably didn't jump off the building yet, but there were definitely some who ended up in the hospital in anger.

Some old guys might actually die if they get too excited.

"Tragic!" Qiao Ge responded.

Of course, Qiao Ge didn't like Deliha and the others.

At first, their alliance was against the Sitharaman family, but they finally surrendered and went directly to the Sitharaman family, causing heavy losses to the other remaining resistance forces.

While there is nothing wrong with pursuing one's own interests in business, this type of behavior is disgraceful.

I deserve to be unlucky now.

"Their financial chain is broken." Hebicha added.

"Deliha and the others?" Qiaogo asked, "Didn't you say that they have raised all the construction funds for the project?"

Qiao Ge still knows about this project.

After all, Hebicha and the others had mentioned it to him before.

For this project, Deliha and the others borrowed a lot of money from the bank. The funds are guaranteed and there will be no problem in completing the petrochemical plant.

"They borrowed a lot of money from the bank at the time, and later mortgaged the project to the bank. They also had a lot of remaining money to invest with the Sitharaman family, so the construction funds were still enough." Hebicha said, "Brother Ah, have you forgotten? Is this project still worth the price it was then?"

These words made Qiao Ge react immediately: "The value of the license? Yes, the value of this part no longer exists. The value of their collateral is insufficient."

"That's right, the bank needs them to increase collateral or borrow money in advance." Hebicha said with a smile, "Hey, they will need nearly 20 billion in funds to fill the gap. They suffered heavy losses in the edible oil market before. , plus this time, how can they have the money?"

"I have to say that their efficiency is much higher than the three of us. In less than two years, the factory has been almost 70-80% completed. But they have already spent 77-88% of the money they borrowed from the bank. How can they pay it back? We can take out 20 billion and return it to the bank," Noma said.

"They're doomed," Harpal gloated, "unless they can still borrow money."

"They can't borrow money." Noma said, "For the petrochemical project, they themselves are in high debt. The loss on edible oil, and now the value of the license has returned to zero, and they have lost more than 200 yuan at once. Billion, almost half of their net worth has been reduced to ashes. Now even if all this project is sold, it will only be sold for about 30 billion at most, and these funds may not be enough to repay the loan."

"Are they ready to sell?" Qiao Ge asked after thinking for a while.

At these words, the eyes of Hebiza and the other three people lit up.

"Brother, are you interested?" Harper asked hurriedly. (End of chapter)