Family feud forces India&#39;s Reliance chief to return &quot;sweat equity&quot;
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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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The row over Indian TV rights that threatens a test series next month with world champion Australia is heading back to court, jilted broadcaster Zee Telefilms said on Wednesday.
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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 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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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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FOR the first time since the family feud over &quot;private, ownership issues&quot; of the Reliance group spilled over into the public domain, the Ambani brothers on Saturday shared the same roof at a corporate awards function held in Mumbai.
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Mumbai, Nov. 30 (PTI): Reliance Energy CMD Anil Ambani, who is engaged in a tussle with his brother Mukesh, over the control of the Rs 90,000 crore business empire, today avoided the media after attending the crucial Board meeting.
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The first battle lines were drawn today with six directors of Reliance Energy Limited (REL) resigning. REL is run by Vice Chairman of Reliance Industries Limited, Anil 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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MUMBAI, NOVEMBER 22 : Five days after rattling the markets and corporate India with his statement on TV about ââownership issuesââ in the Rs 99,000-crore Reliance group, Reliance Industries chairman Mukesh Ambani did some damage control on Monday.
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Business India &gt; New Delhi, Dec 20 : In the midst of the proxy war between the Ambani brothers over the control of Rs 900 bn Reliance empire, the board of the flagship company Reliance Industries, headed by Mukesh Ambani, would meet in Mumbai on December
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update In the latest twist in the hostilities between Oracle and PeopleSoft, Wall Street&#39;s footsoldiers are massing for battle.
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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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A family meeting of Ambanis on the ownership issue is likely to take place tomorrow within hours of Mukesh Ambani&#39;s return from the US.
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[Business India]: Mumbai, Nov 21 : As millions of Indians are held in thrall by reports of a family feud in Reliance Industries, the country&#39;s largest company, experts say it would be premature to talk about a split as yet.
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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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The board of Reliance Energy, India&#39;s largest private company, have asked six directors to reconsider their decision to resign from the firm.