Investors hope Reliance board meet ends spat
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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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Share in India's Reliance Industries rally after the brothers at the head of the group deny any rift over leadership.
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Reliance Industries agrees to buy back millions of shares, hoping to reverse a slump caused by a feud in the controlling family.
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Anil Ambani, the vice-chairman of India's Reliance Industries Ltd., said on Thursday he would make a statement at an appropriate time about a controversy over differences with brother and chairman Mukesh.
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The board of Indian power utility Reliance Energy Ltd. told the Bombay exchange Tuesday it had asked its six directors who resigned last week to reconsider their resignations.
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A rift between the Ambani brothers who run India&#39;s Reliance conglomerate appeared to spill into the boardroom of power utility Reliance Energy Ltd.
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A board meeting of Reliance Industries, the flagship company of India's largest private sector group, will set the tone for the stock market next week, dealers said.
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Sections of the media have been speculating on a variety of issues concerning investments of Reliance Industries Ltd. (RIL) in the infocomm initiatives of the group.
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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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Reliance Industries Ltd (RIL) employees have got another email. This one went from their vice-chairman, Anil Ambani, on Monday seeking their support for both himself and elder brother and chairman Mukesh Ambani.
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A rift between the Ambani brothers, who run India's Reliance conglomerate, is unlikely to be resolved soon, the younger brother indicated on Thursday after six directors resigned from the board of Reliance Energy Ltd..
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MUMBAI: Even as millions of Reliance Industries investors are closely following a bitter ownership row, operations at India&#39;s largest business conglomerate continue unaffected.
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Warring Ambani brothers Mukesh and Anil held separate meetings in the last two days with their mother Kokilaben, ahead of the crucial board meeting of the flagship Reliance Industries on December 27.
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Mumbai, November 28 :The board of power utility Reliance Energy Ltd will meet in the next few days to consider the resignations of six of its directors, the company said on Sunday.
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MUMBAI/NEW DELHI: The stage is set for a family meeting of the Ambanis here on Monday on the ownership issue in the Rs 80,000 crore-Reliance group of industries as Mukesh Ambani returned from the US even as his brother Anil is understood to have
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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
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Manchester United plans talks with its two largest shareholders to put an end to months of speculation about the club&#39;s future ownership.