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Anil Ambani may be out of billionaire club


At Tuesday’s close of trading on Dalal Street, the combined market capitalisation of all of Anil Ambani-controlled Reliance Group companies was nearly Rs 5,400 crore, or about $773 million. Anil Ambani holds less than 75% stake in each of the six companies in his group. Younger of the two Ambani brothers, Anil’s worth much less than the billion-dollar mark.

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