Analysts want Ambani brothers to come clean on the ownership issue ...
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[Business India]: Mumbai, Nov 25 : A rift between the Ambani brothers who run the country&#39;s business conglomerate - the Reliance Group - today spilled into the board room of power utility Reliance Energy Ltd.
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Alibaba, partly owned by Yahoo, is said to want greater participation in debate on the potential acquisition.
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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 Industries is likely to be under pressure to announce a share buyback at an attractive price at Monday&#39;s board meeting, analysts said.
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&quot;I am shaken. For the first time in the past 27 years I am inclined to sell Reliance shares,&quot; says Ashwin Mehta, a Mumbai-based chartered accountant and a Reliance Industries shareholder.
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Should investors get their hands on shares of Blue Nile?
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MUMBAI / NEW DELHI: On the face of it, the Ambani brothers, scions of the founding family of the countryâs largest private-sector conglomerate, Reliance, are as different as the various businesses that make up the group.
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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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New Delhi, Dec 19 : Amid a proxy war between the two Ambani brothers over control of Rs 90,000 crore Reliance empire, Mukesh Ambani-controlled Reliance Infocomm today said it had invested over Rs 14,000 crore towards rolling out the largest information
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Investors in Cable and Wireless have been told by the UK&#39;s largest shareholder body that they had to make up their own minds about whether the telecoms company&#39;s controversial pay scheme met corporate governance best practice.
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The company may be hinting at going public.
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Reliance Industries Chairman Mukesh Ambani today sought to quell a raging controversy over his reported differences with his brother, Anil Ambani.
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[Business India]: Mumbai, Dec 26 : Reliance Industries Board is likely to fix tomorrow a price of around Rs 550 a share for the proposed buyback of the company&#39;s equity that had taken a beating in the last one month following the battle between Ambani
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Investors hope a dispute within Reliance Industries Ltd, India's largest private sector company, which has weighed on markets for over a month, will soon be resolved after the chairman's surprise offer to surrender a stake in a group firm.
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A family meeting of Ambanis to resolve differences over the ownership issue in India&#39;s largest corporate house - Reliance Industries Limited (RIL) is likely to take place tomorrow in Mumbai.
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A feud between the brothers who run India's largest private firm, Reliance, eases as one brother off-loads stock.
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The Reliance Industries&#39; board meeting on Monday promises to be a marathon and a stormy event. Dominating the agenda will be issues related to Reliance Energy, and particularly those raised by two independent