Reliance board tackles brothers&#39; feud
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The board of Reliance Industries will on Monday confront for the first time divisions within the founding family that threaten to break up India&#39;s largest business group.
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MUMBAI: The redrawing of lines of authority in Reliance seems to have sparked off the current discord between the two Ambani brothers.
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MUMBAI, NOVEMBER 28: Admitting that the Reliance boardroom feud involving the Ambani brothers was ââtotally unexpectedââ and had caught them off-guard, domestic financial institutions (FIs) are now expected to discuss the crucial issue of
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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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The chairman of India&#39;s Reliance Industries has denied any family dispute over the ownership of the country&#39;s largest private company.
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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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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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Reliance Industries Ltd.&#39;s board approved a share buy-back plan on Monday, but Vice-Chairman Anil Ambani abstained from voting amid a deepening family row in India&#39;s largest private sector company.
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Shares at Reliance Industries Ltd. fell for a third day after six directors quit at a subsidiary, stoking concern a dispute between the Ambani brothers, who manage India&#39;s biggest private company, may disrupt the business.
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BOMBAY  - A family ownership battle at India&#39;s biggest private business conglomerate Reliance intensified after six directors of subsidiary Reliance Energy quit, sending group company shares tumbling.
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THE board of directors of Reliance Industries Ltd (RIL), in its first meeting after the feud between the Ambani brothers became public, today attempted to soothe investor anxiety by explicitly backing Chairman Mr Mukesh Ambani as the leader of an
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MUMBAI/NEW DELHI: The stage is set for a family meeting of the Ambanis in Mumbai on Monday on the ownership issue in the Rs 80,000 crore Reliance group as Mukesh Ambani has returned from the US while Anil is understood to have authorised his mother to
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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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[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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[Business India]: Mumbai, Dec 27 : Anil Ambani, the Vice Chairman of Reliance Industries Limited (RIL), on Monday virtually created a divide between himself and his elder brother Mukesh, the chairman of the group, by saying that the group&#39;s announcement
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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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Senior industrialists, religious leaders and politicians have swung into action to mediate between the warring Ambani brothers, Mukesh and Anil, even as a Reliance Industries spokesperson on Friday ruled out chances of Mukesh dragging his brother to court