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Mukesh Ambani Bidding For Bankrupt Textile Firm That Supplies To Armani
13 Dec 2021, 11:49 AM IST 
The move by Mukesh Ambani is only the second time RIL has shown interest in an insolvent company.
Mukesh Ambani's Reliance Industries Ltd., along with a partner, are among those bidding to take over bankrupt Indian textile firm Sintex Industries Ltd., according to a stock-exchange filing, as the billionaire attempts to diversify from an oil empire and into telecommunications, green energy and fashion.
