Tuesday, August 22, 2006

Mukesh Ambani To Race Ahead of Anil

Clearly though, this imbroglio is just a continuation of the internecine battle between the duo. According to Jayant Pai, Vice President, Parag Parikh Financial Advisory Services Limited, “There may even be other parties working behind the scenes instigating the two. I do not foresee them working as a team in immediate future.” In fact, cynics see this controversy as a masterstroke by elder brother Mukesh to race ahead of Anil. With Reliance Retail rolling out soon, Mukesh will soon control a Rs.2,000 billion empire. If Anil’s ‘power’ dreams are stymied by gas, or the lack of it, he will find it extremely tough to play catch up. Is that the reason why the Anil camp is visibly bitter while the Mukesh camp is chilled out?

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-
Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

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