Reborn as the richest man in India

The two group companies are the Gupta Group and the Bego Group.

The companies owned by Jogo were unified under the name of the Gupta Group.

As for the companies that are partners with the Sharma and other families, such as grain and oil companies, plaza companies, and petrochemical plants, various assets purchased by investment companies not long ago, such as ports, etc., are all under the name of the Bago Group.

Bego is naturally a combination of the sounds of the first letters of Beni and Jogo.

Everyone has no objection to this name.

Speaking of which, the top three shareholders in the Bego Group are Qiaogo, Dimri Charitable Fund and the Sharma family.

Among them, Qiao Ge alone holds 70% of the shares and has absolute control over the group.

Calling this name shows that Qiao Ge dotes on Beni and shows the man's sincerity.

Companies under the name of Bego Group will be prefixed with the word Bego. For example, the original Gupta Grain and Oil Group will be changed to Bego Grain and Oil Group.

The Bago Group is valued at 1 trillion rupees. After deducting nearly 300 billion rupees in loans, the net worth is still 700 billion rupees.

It deserves to be one of the three major groups in India, along with Tata Group and Reliance Group.

As for the Gupta Group, its valuation is around 300 billion, excluding loans of 100 billion, and its net worth is around 200 billion.

In fact, the cash flow of the Gupta Group is even more terrifying than that of the Bego Group. The Bego Group now has high assets, mainly fixed assets, such as a large amount of land owned by the Grain and Oil Group.

In terms of valuation, the Gupta Group is somewhat undervalued. You must know that the entire group can bring at least more than 5 billion rupees in revenue to Qiaogo every month.

The profitability of the Bego Group is not as high as that of the Gupta Group, but in terms of development potential, the Bego Group will be stronger.

In particular, the Bego Group will continue to develop its efforts in industries such as petrochemicals that will be extremely profitable in the future.

In any case, Jogo is now the veritable richest man in India.

Among the two major groups, Qiaogo’s net worth is 690 billion rupees.

Qiao Ge's personal cash is now nearly 120 billion, which is 810 billion. Other personal properties, cars and the like are ignored.

At the current rupee exchange rate, 810 billion rupees is almost 30 billion US dollars.

Of course, this exchange cannot be simply calculated like this. It is easy to exchange 30 billion US dollars for 810 billion rupees. The reverse exchange is basically impossible, and at most it can only be exchanged for a small part.

Therefore, this huge wealth will not be recognized internationally.

After all, this is Jogo's wealth in India.

Foreign assets are not included.

Now Qiao Ge already has a lot of assets abroad. When the big hair and the second hair are dealt with, there will be an astonishing surge.

As for the listing of Bego Group, it was suppressed by Qiao Ge.

Something was wrong on Lakshmi's side, that was confirmed.

The beautiful Chinese people Tulu mentioned before are actually from Goldman Sachs. It has been investigated clearly during this period.

Lakshmi was hooking up with them and had plans to start a new business.

In other words, Lakshmi has the support of Goldman Sachs.

With financial support, Lakshmi was certainly excited.

He is ambitious, and now on his side, he is acting as a thwart.

Nothing is as satisfying as being the master of one's own affairs.

Now that he knows Lakshmi's plan, Jogo will next clear out the Mittal family from his group.

They hold some shares, although not much, but once listed, wouldn't their assets skyrocket? How can they take advantage of such a good thing?

Therefore, the issue of listing must be discussed after clearing them out.

The dividends from the original shareholders must be eaten by the people on their side no matter what, even if they are white-eyed wolves.

It is too easy to eliminate a small shareholder.

Qiao Ge doesn't need to pay too much attention to this kind of thing, Hu Di will take care of it.

At the overseas steel and steel plant, Qiao Ge has asked Clark to come forward.

Lakshmi was relieved of his post, and Clark temporarily served as the general manager of the overseas steel plant. At the same time, Qiaogo recruited many experts and managers in the steel industry from Damao and Ermao.

These people will soon be staffed with steel companies overseas.

When the management personnel arrive, the management of Overseas Steel will hand over a management talent from Damao.

Of course, some people will also come to China, and domestic steel plants also need these experts and management.

If Lakshmi's dismissal did not have much repercussions in the country, it would be fine, because news from abroad lags behind in the country.

But when the Mittal family's transfer of shares in the Bego Group was revealed by the media, it caused an uproar.

Who doesn't know the development potential of Bego Group? If you transfer the shares at this time, will your head be kicked by a donkey?

When it first broke out, many people questioned whether it was fake news.

But later, this matter was confirmed.

Both the Mittal family and the Bego Group gave a positive answer.

A look from Qiaogo's side was enough to make other shareholders understand. Various pressures put the Mittal family, and they had to transfer their shares at a decent price.

There are many forces taking over shares, and these are the ones who had no chance to join the group before.

Although the Mittal family does not have many shares, and there are still many powerful families joining in the carve-up, for these forces, they finally have some shares and can ride on the big ship of the Bego Group.

Of course, these forces that can participate in the acquisition must be recognized by the Sharma family, which means they are still their own people.

Just when everyone was wondering why the Mittal family transferred their shares, the news of Lakshmi's dismissal was finally unearthed.

Everyone immediately understood that something had happened between the Mittal family and Djogo, and it was a very serious matter.

This matter did not keep everyone guessing for too long. The Mittal family soon announced the establishment of Mittal Steel Company, which is divided into domestic and overseas companies.

Domestically, the two brothers Vinod and Pramod were still in charge. Since the family's original steel plant was acquired by Jhogo's Bego Group, they could only acquire a new steel plant in the country and re-established it as Mittal Steel. The starting point to begin with.

After all, they came from a family in the steel industry, and they were both capable, so they got started quickly.

Lakshmi was in charge overseas, and he also embarked on various acquisitions.

Of course, he still focuses on Indonesia because he has been here for more than ten years and is most familiar with this place.

He acquired several steel plants at once, several times larger than his original scale in India.

This made people who were interested immediately understand that Lakshmi obviously had the support of a certain financial owner, otherwise he would not have had so much funds.

As for who the financial backer behind him is, there are various speculations in the domestic media.

Some speculate that it is from abroad, while others speculate that it is the Tata Group or the Reliance Group.

In response to this speculation, the two major groups immediately issued statements to distance themselves.

However, within a few days, Tata Steel and Mittal Steel announced the establishment of a strategic partnership to support and share each other's technology and resources.

This surprised countless people.

You must know that Mittal Steel is not worth mentioning in front of Tata Steel. The two are not on the same level at all, but the two sides have joined forces.

This has to be said to be a very exaggerated matter.

Before everyone could recover, Tata Group and Reliance Group established a cooperative relationship in the petrochemical industry.

So, everyone reacted one after another.

The alliance between Tata Group and Reliance Group obviously has the intention of targeting the Bego Group.

Because the relationship between Mittal Steel and Qogo is obviously very bad, it is very clear that Tata Steel cooperates with them.

Now the Reliance Group has also joined. Although it is in the petrochemical industry and not the steel industry, the Bego Group also has investments in the petrochemical industry.

It is too obvious who this alliance is aimed at.

Thinking about the path to prosperity of the Bego Group, everyone thinks that this does not seem so surprising.

Even the Tata Group and Reliance Group have felt the strong pressure from the Bego Group.

In the Bego Group conference room, everyone's faces were a little solemn. Almost no one spoke and everyone was silent.

Snap, the door of the conference room opened, and Qiao Ge walked in.

After sitting down at the head of the table, everyone's eyes fell on him.

"Everyone, what's going on?" Sensing the depressing atmosphere here, Qiao Ge couldn't help laughing and said, "The market is so big, even if they join forces, can't we still take a bite of the meat?"

Of course he knows what everyone is thinking. Reliance Group and Tata Group have joined forces. This is too much pressure.

The three of them had a tacit understanding before. They each conquered cities and occupied some industries, so no major conflicts broke out.

Now that the two families suddenly join forces, this balance will be broken.

As for the Mittal family, originally no one took it to heart.

But things are different now. The Mittal family is obviously supported by overseas funds, so the nature of this is different.

Even if the Mittal family's current weight cannot keep up with the Tata Group and Reliance Group, it cannot be underestimated.

This means that there are three major forces encircling the Bego Group. They would be lying if they said they were not worried.

"Yeah, there's nothing to be afraid of," Lupa said loudly.

"There are all elders here, what do you call a junior?" The elder of the Vasayan family next to Rupa scolded in a low voice.

Originally, Lupa was not qualified to participate in such a meeting. The people who came here were all important figures from the major shareholder forces.

However, Lupa's status in the Vasayan family is unusual, mainly because he has a close relationship with Qiaogo, so he came with him this time.

Just like Hebiza and the others, their fathers were originally involved in this meeting, and they also came this time.

Of course, they now also know that it is not easy to express opinions here, they are just here to listen.

Lupa has such a temperament that he will support whatever Jogo says.

He is not stupid. Everyone is feeling the pressure this time. He can't help much and can only support Qiao Ge in this way.

"It doesn't matter, everyone can share any opinions they have and let's brainstorm ideas." Qiao Ge said with a smile.

Hearing this, Lupa's eyes lit up and he glanced at his elder.

His elder looked away and seemed to have no intention of interfering with him.

After all, the Vasayan family is firmly on the side of Qiao Ge. This is a unified decision within the family.

So Lupa couldn't help but continue: "Whoever wants to fight, then beat him down. It's not like we haven't done this before."

After hearing what Rupa said, many people turned their attention to the Sitharaman family.

This made the old face of the patriarch Labu couldn't help but twitch a few times, which was a bit embarrassing.

The Sitharaman family was beaten to the ground, and it feels bad to be cited as an example of this.