No ownership issues: Mukesh Ambani
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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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Round I appears to have gone to Mukesh Ambani, but the war is far from over. If anything, there are signs that relations between the Ambani brothers may have entered a new acrimonious phase with younger brother
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Reliance Industries vice-chairman Anil Ambani broke his silence on Thursday. But not to comment on the &quot;ownership issue&quot; raised by elder brother and chairman Mukesh Ambani.
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India&#39;s Prime Minister Manmohan Singh insisted Tuesday he was aware of the threats posed by global warming, even though his country has rejected taking any binding measures to cut carbon emissions.
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[Business India]: Mumbai, Nov 22 : Mukesh Ambani, chairman of India&#39;s largest private business firm Reliance Industries, Monday rubbished the talk of a family feud over the company&#39;s ownership, saying the foundations of the company are very strong.
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(InfoWorld) - A court in Bangalore, India Saturday ordered the registration of a criminal case against N.R. Narayana Murthy, chairman and co-founder of Indian outsourcer Infosys Technologies. The decision by the court follows a private complaint by a regional lawyers' association. The group alleged that Murthy had shown disrespect to the countryâs national anthem during a visit in April by Indiaâs President, A.P.J. Abdul Kalam, to an Infosys campus in Mysore near Bangalore. A summons returnable on June 21 was issued to Murthy, and a criminal case registered under the country's Prevention of Insults to National Honour Act 1971. Murthy ran into controversy during President Kalam's visit as the company played an instrumental version of the national anthem rather than the usual version with lyrics. When asked by local reporters, Murthy reportedly said that singing the national anthem would have ''embarrassed'' company employees of foreign origin. Local politicians in Karnataka criticized Murthy for his actions. He later said that if his comments had hurt anybody's sentiments, he apologized. Murthy's comments on social and economic issues have often been controversial. Regarded as the poster boy of the booming outsourcing business in India, Murthy is also seen as the key figure of a new elite created by the Indian outsourcing industry. The move by this elite to try to influence public policy has met with resentment from various sections of society, who hold that this new elite is out of touch with India's social and economic problems, including rural poverty. Murthy, who denies an interest in entering politics, has been cited by a local TV channel as being favored by many to be India's next president. Infosys declined to comment on the court order.
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Indian businessman Anil Ambani, locked in a battle for ownership of the country's largest private enterprise Reliance, has questioned moves by his older brother Mukesh to assert full control, a source close to the group said.
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PTI, New Delhi, Nov 28: The battle between Ambani brothers over ownership issue of Rs 90,000 crore Reliance empire today intensified with Mr Anilâs camp mounting attack on elder brother and Reliance Industry CMD, Mr Mukesh accusing him of rebuffing
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New Delhi, Nov 28 : Mounting attack on Reliance Group Chairman Mukesh Ambani on &#39;ownership issues&#39;, Anil Ambani&#39;s camp today claimed that the elder brother had told his mother Kokilaben and sisters (Dipti and Neena) to keep out of the controversial RIL
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Anil Ambani has written to his brother Mukesh, saying his powers as vice-chairman and managing director of Reliance Industries have been diluted by &quot;keeping him completely in the dark&quot;.
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As the Ambanis meet in Mumbai over the next couple of days to resolve differences over ownership, one option the two brothers, may explore is keeping the flagship Reliance Industries intact and splitting between themselves the other group companies
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MUMBAI: Mukesh Ambani, the chairman and one of the promoters of Reliance Infocomm, will forego the Rs 50-crore worth of sweat equity given to him in the company, in a stunning development that removes a serious bone of contention between him and his
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With the Ambani brothers hardening their positions in the tussle for control of the group, a courtroom battle seems inevitable. Noted industrialist Rahul Bajaj has joined the list of Ambani familyâs friends
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Reliance Industries Vice Chairman Anil Ambani on Monday night disassociated himself from virtually all the decisions taken by the board of directors of RIL, which met in Mumbai under chairmanship of his elder brother Mukesh Ambani, who was backed by the
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Craze for the Rajnikanth starrer shows no sign of abating.
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THE Prime Minister, Dr Manmohan Singh has ruled out any âredrawing of bordersâ with Pakistan. He said he had made this clear to the President of Pakistan, Gen Pervez Musharraf.
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Scotland Yard has insisted that the security of Pakistan's President Pervez Musharraf has not been compromised despite the loss of confidential police documents relating to his visit to London.