Mukesh Ambani who also suffer losses is now betting big on Akhilesh Yadav as a political scion or we can call him as New UP chief minister of the state who can help him revive his fortunes in Uttar Pradesh (UP). No doubt he is backing him since his election campaign due to following two reasons namely:
- Reliance Retail stores banned by Mayawati govt in UP.
- Mayavwati govt slapped Rs 2000 Crore sales tax on Reliance gas sale in UP.
It appears that Mukesh Ambani has selected the right horse to revive his fortunes as off late his companies are not showing any magic at stock markets. No doubt the way Akhilesh Yadav has used Social Media in election Campaigns speaks of his ability.