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Reliance Empire broke on   Tuesday, June 21, 2005

Ambani & his better half, Kokila

"I have today amicably resolved the issues between my two sons, Mukesh and Anil, keeping in mind the proud legacy of my husband Dhirubhai Ambani"    said Kokilaben (Wife of Late. Dhirudhubai Ambani).

The Rs.100,000 crore($20 bn) empire split between the Ambani brothers, Mukesh getting RIL and IPCL & his younger sibling Anil heading Reliance Capital, Reliance Energy and Reliance Infocomm ended after a long six month issue. It is said that the settlement is based on the idea by Mr. KV Kamath, MD & CEO of ICICI Bank.

Tuesday, June 21, 2005 2:26:47 AM UTC  #    Comments [0]   Economy | General | India  | 
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