Kokilaben Ambani, the head of the Ambani family, the biggest and rich business house of India, is hospitalized these days due to poor health. Even at the age of 91, the Kokilaben is considered the backbone of the family. She is the mother of Realins Industries Chairman Mukesh Ambani and Reliance ADA Group Chairman Anil Ambani. They also have two daughters Nina Kothari and Deepti Salangavkar.

Simplicity from childhood, after marriage, Personality

Kokilaben Ambani was born on 24 February 1934 in Jamnagar, Gujarat. In 1955, he was married to Dhirubhai Ambani. After marriage, Dhirubhai always encouraged him to pursue him, he even put up a special teacher to teach English so that Kokilaben could easily talk to big officials and foreign guests. Dhirubhai also used to take him on foreign trips, so that both his self -confidence and personality were enhanced.

Education and lifestyle

Kokilaben studied till tenth. At the time when girls’ studies were often limited, they molded themselves over time. Today she speaks a fierce English. He is a strict vegetarian and is his favorite dish like dal, dhokli and roti. He is also fond of luxury cars and Mercedes Benz is his favorite brand.

Connected with faith and traditions

Kokilaben Ambani is a deep devotee of Srinathji. She often visit Dwarkadhish Temple and Nathdwara. On his 90th anniversary, he made beautiful artifacts of Shrinathji and Lakshmi ji.

Luxurious life but simplicity maintains

Today Kokilaben lives in Antilia, Mumbai with her elder son Mukesh Ambani, who is one of the most luxurious building in the world. Even while living between luxurious palace and luxury cars, their simplicity and family connecting them separate them.

Property and heritage

Kokilaben has around 1.57 crore shares of Reliance Industries, which is about 0.24% of the total stake of the company. His net worth is said to be around Rs 18,000 crore. Interestingly, he has more share than Mukesh Ambani. He is also named Mumbai’s famous Kokilaben Dhirubhai Ambani Hospital, which is part of his legacy.

Family’s real strength

After the death of Dhirubhai Ambani, when there were differences in the family about business, then Kokilaben went ahead and made a correct agreement between the two sons. Because of them, peace and solidarity in the family remained. Even today, his opinion is considered important in big decisions.

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Reliance shares: Anil Ambani’s difficulties are not taking the name of being reduced these days. On one hand, the Enforcement Directorate (ED) has summoned for questioning for questioning in the loan fraud case of Rs 17,000 crore. Now the ED has sent a letter to 12-13 banks and sought information about the details of the entire process, lapse time and loan recovery to the companies of Reliance Group. This news had a bad effect on his companies.

5 percent lower circuit in shares

Today, during the trading in the stock market, the shares of Reliance Group companies declined by 5 percent. Reliance Power’s shares fell 5 percent to Rs 47.58, while Reliance Infrastructure shares fell by 4.98 percent to Rs 296.15. Reliance Home Finance shares are trading at Rs 4.84 with a decline of 4.84 percent.

ED wants to understand the action of banks

According to an Economic Times report, the ED has first summoned Anil Ambani and now wants to understand what action the banks took after the companies missed the loan. On the condition of anonymity, a senior official told ET, “We want to know what action the banks took against the default companies, even if any action was taken.” Have they filed a complaint with a criminal case in an investigating agency?

About 17,000 crore loans given to Reliance Home Finance Limited, Reliance Commercial Finance Limited and Reliance Communications have now turned into non-performing assets (NPAS). It is being told that about 20 private and public sector banks gave loans to the companies of Reliance Group of Anil Ambani.

Reliance Power shares in oversold zone

On the technical front, there are signs of Reliance Power being in the oversold zone. The relative strength index (RSI) of the stock on the chart is at 28.0. RSI below 30 usually shows that stock is oversold. There is excessive selling pressure on this and now he can either stop there or go back up. In such a situation, now there is a possibility of recovery in Reliance’s shares.

At the same time, the daily RSI reading of Reliance Infrastructure is 31.0. It is not in the oversold zone, but it is only slightly above this level. RSI (Relative Strength Index) is a Momentum Indicator that measures how much the stock was bought or sold in recent times. Its score is between 0 and 100. If the RSI of a share goes above 70, then it comes into the ‘Overbough’ category and now there are indications of decline.

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Anil Ambani’s difficulties are increasing in a loan fraud case of 17 thousand crores, now bankers can be questioned