Anil Ambani s son lashes out against lockdowns, says it is only about control not health
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Send Anmol Ambani, the eldest son of industrialist Anil Ambani, has lashed out against a new round of lockdowns being imposed amid the surge in COVID-19 cases, saying such restrictions do not concern health but control and that they destroy the very backbone of the society and economy.
Anmol Ambani
New Delhi:
The 29-year-old former executive director of Reliance Capital Ltd in a series of tweets lambasted the new semi-lockdown rules hurting small businesses and daily wage earners. Professional actors can continue shooting their films. Professional cricketers can play their sport late into the night. Professional politicians can continue their rallies with masses of people. But YOUR business or work is not ESSENTIAL. Still don t get
updated: Apr 07 2021, 23:00 ist
By P R Sanjai
Anmol Ambani, the elder son of former billionaire Anil Ambani, lashed out against a new round of social restrictions in India, underscoring rising discontent among some businesses in a country that’s battling its worst-ever surge in coronavirus cases.
In a rare instance of a scion publicly criticizing government policies, the 29-year-old former executive director of Reliance Capital Ltd. let out a barrage of tweets lambasting the new semi-lockdown rules for disproportionately hurting smaller businesses and enriching larger ones.
“This is not about health. This is about control,” according to a Twitter post on Tuesday from the son of the tycoon, some of whose businesses are in bankruptcy. “To control every aspect of your life.”
Financials shares fall business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Damodar Industries Ltd, Paramount Communications Ltd, Salzer Electronics Ltd and Reliance Capital Ltd are among the other losers in the BSE s B group today, 12 March 2021.
Damodar Industries Ltd, Paramount Communications Ltd, Salzer Electronics Ltd and Reliance Capital Ltd are among the other losers in the BSE s B group today, 12 March 2021.
Onward Technologies Ltd crashed 9.53% to Rs 113.9 at 14:33 IST.The stock was the biggest loser in the BSE s B group.On the BSE, 47659 shares were traded on the counter so far as against the average daily volumes of 22333 shares in the past one month.
Damodar Industries Ltd lost 8.26% to Rs 31.1. The stock was the second biggest loser in B group.On the BSE, 3301 shares were traded on the counter so far as against the average daily volumes of 2554 shares in the past one month.
Financials stocks were trading in the negative zone, with the S&P BSE Finance index falling 5.95 points or 0.08% at 7672.25 at 13:48 IST. Among the components of the S&P BSE Finance index, Reliance Capital Ltd (down 3.72%), Central Bank of India (down 3.22%),Indian Overseas Bank (down 3.09%),Paisalo Digital Ltd (down 3.07%),Housing & Urban Development Corporation Ltd (down 2.6%), were the top losers. Among the other losers were Aditya Birla Capital Ltd (down 2.5%), South Indian Bank Ltd (down 2.38%), Capri Global Capital Ltd (down 2.36%), Repco Home Finance Ltd (down 2.33%), and Union Bank of India (down 2.25%). On the other hand, IFCI Ltd (up 12.95%), Aditya Birla Money Ltd (up 7.74%), and SREI Infrastructure Finance Ltd (up 7.02%) moved up.