Reliance plagued by ownership struggle
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Reliance Industries is torn by disputes between brothers Mukesh and Anil Ambani over the intricate ownership structure of the company left by their father.
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Company has another tough quarter despite a good market for drillers.
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The company has posted impressive growth, but the industry is struggling.
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India's Reliance feud took another turn as younger brother Anil Ambani quit as vice-chairman and director of group affiliate Indian Petrochemicals Corporation Ltd., a Reliance official said on Monday.
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The future of Rs 90,000 crore Reliance group could be at stake when the Board of Directors of the flagship company Reliance Industries meets here tomorrow in the wake of the feud between two Ambani brothers Mukesh and Anil, whose father Dhirubhai had
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BOMBAY : The family feud in India&#39;s largest private sector group Reliance took a fresh twist as Reliance Industries chairman Mukesh Ambani was forced to return &quot;sweat equity&quot; in a mobile telecom subsidiary.
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MUMBAI: The key stock market index was range-bound in the early trade on Monday as corporate behemoth Reliance Industries began its crucial board meeting to consider a share buyback programme.
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NEW DELHI  - The rift in India&#39;s Ambani family which controls India&#39;s biggest private enterprise group Reliance deepened as elder brother Mukesh rejected his younger brother&#39;s objections to a change in their management roles, a report said.
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A troubled company in the troubled housing sector.
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MUMBAI: It was a roller coaster ride for Reliance Industries (RIL) which announced its buyback programme on Monday. RIL and other group shares - Reliance Energy (REL), IPCL, Reliance Capital and Reliance
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Struggling electronics firm considers breaking itself up in a move that could reshape the mobiles industry
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The public spat between the two heirs of India's Reliance Group spills over to the board meeting of a top firm within the group.
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India's drive to adopt a western economic model is threatening those who make their living from the jungle.
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The problems of others hit the stock where it hurts.
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That there are problems between the Ambani brothers is not news, but Mukesh Ambaniâs admission that there could be a change in the equity pattern of the Reliance group caused the share prices of Reliance companies to drift downwards.
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Reliance Energy on Tuesday decided to approach its principal shareholder Reliance Industries on &quot;matters concerning the future prospects of the company&quot; and reposed full faith in the present management led by chairman and managing director Anil Ambani.
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The company's stock has had a rough few months, but the business still looks strong.