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mukesh ambani

May 7, 2010

Mukesh Ambani, the billionaire head of Reliance Industries, has triumphed in the latest dispute with his brother Anil that saw a family disagreement taken to the Indian Supreme Court.

Mukesh Ambani, the billionaire head of Reliance Industries, has triumphed in the latest dispute with his brother Anil that saw a family disagreement taken to the Indian Supreme Court.
 
The court ruled this morning that Mukesh was not entitled to uphold a private family agreement that stated he would supply gas to his brother's company at below-market-price. Mukesh's lawyer confirmed to waiting journalists that the ruling "is a complete victory for Mukesh Ambani."
 

October 12, 2009

Anil Ambani, the millionaire head of Reliance Anil Dhirubhai Ambani Group, has called for reconciliation with his estranged brother Mukesh Ambani, the head of Reliance Industries, in an ongoing feud over gas prices.

Anil Ambani, the millionaire head of Reliance Anil Dhirubhai Ambani Group, has called for reconciliation with his estranged brother Mukesh Ambani, the head of Reliance Industries, in an ongoing feud over gas prices.
 
In a statement released yesterday Anil said: "I sincerely believe that Mukesh and I can, even at this late stage, sort out all our disagreements, in a constructive, cordial and conciliatory manner, if we both commit to getting this done.
 

August 19, 2009

The ongoing feud between India’s Ambani brothers over gas prices hit a new low yesterday when younger brother Anil launched a media campaign asking the public for their opinions on the dispute.

The ongoing feud between India's Ambani brothers over gas prices hit a new low yesterday when younger brother Anil launched a media campaign asking the public for their opinions on the dispute.
 

July 27, 2009

The ongoing dispute between India’s Ambani brothers is set to continue after a Bombay High Court ruling was thrown into doubt by the government last week.

The ongoing dispute between India's Ambani brothers is set to continue after a Bombay High Court ruling was thrown into doubt by the government last week.
 
The ruling, taken last month, upheld a private family agreement made in 2005 that stated younger brother Anil should receive below-market-price gas from his brother Mukesh's company Reliance Industries.
 

June 16, 2009

In the latest instalment of the feud between India's billionaire Ambani brothers, younger brother Anil has emerged triumphant.

In the latest instalment of the feud between India's billionaire Ambani brothers (pictured), younger brother Anil has emerged triumphant. Yesterday, the 49-year-old won the right to receive below-market-price gas from brother Mukesh's company, in a move that could cost the latter Ambani billions.

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