20 Jun 2005

Splitting Heirs

The Ambani brothers have made up by splitting. Reliance Industries will be demerged - split, in old English. Anil Ambani has used the media relentlessly and gone about getting his share aggressively. Though the elder brother is left with a bigger slice of the pie, it must be painful to let go of Reliance Infocomm - a company that seems to be his idea. Anil Ambani, going by yesterday's press conference, is upbeat and relieved. How long?

No comments:

Post a Comment