Anil Ambani's master stroke, took this step for Reliance Group, impact will be visible in shares on Monday
New Delhi: Reliance Group Chairman Anil Ambani has taken a big action to take his business to a new height. Now Anil Ambani led Reliance Group has established Reliance Group Corporate Center (RGCC) to grow its business by 2030. The main objective of this corporate center is not only to give a new direction to the group companies but also to prepare new leadership. So that new opportunities can be created for Reliance Group and continuous development can be done in the technology sector.
Let us tell you that companies like Anil Ambani's company Reliance Infra and Reliance Power have paid off their entire debt. Now these companies have become debt free. After this, Anil Ambani is now planning to invest in many new sectors. Regarding RGCC, Reliance Group says that it will become a strategic center which will prepare leadership for new projects and work on plans for the strong future of the group.
Click here to read more business related news
Many big faces got place in RGCC
Let us tell you that the core team of RGCC includes some experienced professionals, including people like Punit Garg, CEO of Reliance Infrastructure and Raja Gopala, Chief of Reliance Power. Apart from these, key officials of other companies of Reliance Group have also been given place in RGCC. The company has said in a statement that the objective behind the formation of RGCC is to prepare a new generation of leadership in the coming times, which will help in making the company's visionary plans successful. This initiative can provide a strong opportunity to Reliance Group to grow rapidly.
There may be a rise in the shares of companies
It is noteworthy that after becoming debt free, Reliance Group companies have started receiving orders. At the same time, shares of Reliance Infrastructure and Reliance Power have also seen a rise. Due to which the performance of companies has started improving. Reliance Infrastructure made better profits in the July-September quarter. The company has registered a profit of Rs 4082 crore, compared to a loss of Rs 294.04 crore in the same quarter last year. At the same time, Reliance Power also earned a profit of Rs 2878.15 crore in this quarter, whereas it had suffered a loss of Rs 237.76 crore in this quarter last year. At the same time, after this news, there is a possibility of rise in the shares of Reliance Group companies on Monday also.
Comments are closed.