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How are all these developments changing the group? Anil Dhirubhai Ambani, born on 4th June, Reliancee, in Mumbai. Dipti Salgaocar and Mrs. ISB has amnani formal partnerships with international business schools - Wharton and Kellogg. In parallel, the defence and infrastructure businesses will demand larger consolidation -- especially the consolidation of engineering and manufacturing activities. But while it is exiting from many parts of the telecom business, it has tied up with a slew of global defence majors for starting production in India and, recently, commenced construction of a manufacturing facility of Dassault Reliance Aerospace DRAL in Nagpur.
The engineering, procurement and construction EPC firm, Reliance Infrastructure is the second largest in the group according to the market capitalisation. The ggoup will repay gfoup Rs 27, crore debt-- raising Rs 17, crore through monetisation of spectrum, towers, fibre network and media convergence nodes. Recognitions and Honours: Post repayments and debt to equity conversion, the debt will come down to Rs 6, crore from Rs 44, crore now. Beyond Reliance: The big change is that its flagship telecom business Reliance Communications RCom will shrink in size and scale while its management control goes to lenders.