Shenhao started as a military training anchor

Australia's richest woman, Gina Rinehart, chose to work with Holly because she valued the Chinese steel market.

The world's largest steel market, which consumes more than one billion tons of iron ore a year, is actively sought after by many iron ore exporting countries and mining companies.

Australia and Brazil are China's largest iron ore importers. With the help of Holly, a Chinese entrepreneur leader, Rinehart Mining will be able to make great strides in the Chinese market.

It was also because of the huge dividends from the Chinese market that Gina was willing to sacrifice short-term interests and cooperate with Holly to deal with India's Tata Steel Group.

From a contractual perspective, Rinehart Mining's sudden cessation of iron ore supply to Tata Steel Group violates the terms and spirit of the contract, and Tata Group can take it to the Federal Court of Australia.

However, Gina still took advantage of loopholes in mineral management and mining by the Australian state and federal governments, and delayed the delivery of iron ore to Tata Steel Group on the grounds of unclear property rights.

Tata Steel's industry in Australia is close to a standstill. For the Tata Group, Rhein Mining's move not only affects their steelmaking, but also seriously affects the company's steel delivery.

If large quantities of steel cannot be delivered on time, the economic losses will be huge, and the sales channels built up over the years will also be lost.

When India's richest man Ambani heard the news, he was silent for a long time.

Based on his many years of business experience, this was obviously intentional and aimed at Tata Steel Group's overseas assets.

He also made a video call to Gina and asked the reason. Gina still maintained the company's tone, saying that the iron ore supply was insufficient because the property rights of the mining land were unclear.

Ambani clearly felt that Gina was just trying to be perfunctory with him. Given their many years of partnership, only a huge enough profit temptation could make Gina give up him as a client without any worries.

A person suddenly flashed into my mind, Holly.

Is this Holly's revenge?

Apart from the allure of the Chinese market, there is no other reason that would make Gina give up the Indian market.

After all, the Indian steel market is only one-tenth the size of the Chinese steel market.

"Gina, has Mr. Huo contacted you?" Ambani asked directly.

Gina spread her hands and smiled, without answering, letting him figure it out on his own.

Ambani never expected that Holly could shake the cooperation between him, the richest man in India, and Gina, the richest man in Australia.

I couldn't get any response from Gina, so I had to hang up the phone.

On the one hand, we let Tata Steel Group's legal team handle it, and on the other hand, we are looking for better iron ore suppliers to allow the Australian production areas to resume normal operations.

……

Holly smiled when he learned that Ambani had found Gina.

India's richest man is anxious.

He could guess Ambani's next response, which would be to take legal action and look for new partners. Both methods would be extremely time-consuming, and Tata Steel Group would suffer a heavy blow, at least in the short term.

When Tata Steel can no longer withstand the pressure from its partners, Ambani will naturally come to him and ask him to visit the sky garden of Antilia, the world's most luxurious mansion.

But there was one thing that Holly did not expect, and it was an unexpected surprise.

The new government has taken action.

Holly learned from the cabinet secretary in New Delhi that the new prime minister is using administrative power such as the Ministry of Finance and the federal courts to restructure the assets of Tata Steel Group.

The reason is that the Ambani family's poor management of Tata Steel Group has led to damage to Tata Steel Group's overseas assets and seriously damaged the government's interests.

This reason is quite clever.

Steel Authority of India Ltd (SAIL) is a 15% shareholder in Tata Steel.

The new government is well aware that both the automobile industry and infrastructure construction cannot do without the supply of steel. After the new prime minister came to power, the cabinet has been discussing how to increase government control over the steel industry.

The first thing to do is to start with the big conglomerates and families.

There was no proper reason before, and people were worried that rashly touching the interests of large conglomerates and families would cause social instability and affect the stability of the new government.

Now Hawley has given them a big gift. The new government has seized the opportunity of Tata Steel Group's difficulties to increase its control over the steel industry.

Of course, it is not entirely state-owned, as other financial groups are eyeing it, and it is not appropriate to do so. However, during the asset restructuring, it is very reasonable for the government to increase its shareholding in Tata Steel Group, and even change the nature of the enterprise through holding.

The Ambani family can continue to hold shares and enjoy shareholder rights, but the management rights must be handed over to the major shareholder of the board of directors, that is, the Indian government.

In this way, the Ambani family will not suffer major financial losses, but will have to hand over the control of Tata Steel.

Ambani even felt that it was a conspiracy between Holi and the new government.

But on the other hand, it is impossible for the new government to do these things for a foreign-funded enterprise.

It only shows that the new prime minister is decisive and has deep plans.

Coincidentally, Holly.

At the very beginning of the competition, Ambani lost to Holly in the business war and lost to the new government in politics.

A crushing defeat.

The "Mumbai Emperor" had his feet locked and dared not act rashly.

When he invited Holly to be his guest again to renegotiate cooperation, Holly had already taken a private plane north to New Delhi.

Ambani was also invited by the Ministry of Finance and the Federal Court to go north to negotiate the asset restructuring of Tata Steel Group.

He knew that this was the new government reminding him and also giving him a way out.

Go down the stairs and everything will be easy from now on.

If you don't want to let go, then I'll have to get serious about it.

Ambani believes that his family’s power is not yet sufficient to control politics.

Because of their rise, it can be said that it was supported by previous governments and they received the most resources.

Now that the dynasty has changed, if you want to land safely, you must go with the flow.

At the negotiating table, he readily accepted the federal court's restructuring plan, took the government's money, sold most of the shares of Tata Steel Group to the government, and lost control of Tata Steel Group.

After this matter was made public, local officials and large conglomerates in various federations became more restrained, knowing that they were being warned by their superiors.

The federal officials who had previously obstructed the Yian Automotive delegation's on-site inspection began to fawn over Holly and took the initiative to invite him.

This includes Maharashtra, where Mumbai is located.

When Holly was invited to visit the Capitol, he met a dejected Ambani at the door.

"Mr. Huo," Ambani addressed him with a hint of respect this time.

Holly smiled and nodded: “Chairman Ambani, do you remember what I said?

Bombay is the city of Bombay governed by the Government of India.”

That reminder has now become a reality.

Ambani really feels a little ashamed in front of Holly.

This time we also witnessed Holly's ability to mobilize global market resources. He is a very tough opponent.

"Mr. Ho, thank you for your reminder. I apologize for my previous behavior." Ambani invited politely this time, "Mr. Ho, the federal minister of Maharashtra asked me to invite you to Mumbai.

Local government officials and local entrepreneurs will be there to welcome Mr. Huo.”

These things were just a matter of words from the "local tyrant of Mumbai". Holly was not interested in these false scenes.

"Chairman Ambani, I'm sorry, please express my gratitude to the federal minister on my behalf." Holly refused, "I said Mumbai is not the only option. I came here today to discuss cooperation with the cabinet in Bangalore."

Ambani stared at Holly in a daze. He certainly knew the political and economic status of Bangalore. (End of this chapter)