BITTER BUSINESS: Brothers Anil Ambani and Mukesh Ambani locked in corporate battle.Copyright...
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Reliance Industries ChairmanMukesh Ambani is the richest man in India with USD 32 billionin net worth followed by steel tycoon Lakshmi Mittal andyounger brother Anil Ambani, according to the Forbes annualrich list for the country.NRI steel baron Mittal has been ranked at the secondposition with a net worth of USD 30 billion, while Mukesh'ssibling Anil Ambani, whose wealth stood at USD 17.5 billionwas...
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NEW DELHI: Mukesh Ambani's RIL on Wednesday told the Supreme Court that the demerger scheme worked out with his brother Anil Ambani was categorical that the gas supplies from the KG Basin to his group was not for trading and meant for promoting power generation plant. "The real purpose of supply of gas to the Anil Ambani firm was for promoting electricity plant and not promoting trading in gas," senior...
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Mukesh Ambani's RIL onWednesday told the Supreme Court that the demerger scheme worked out with hisbrother Anil Ambani was categorical that the gas supplies from the KG Basin tohis group was not for trading and meant for promoting power generation plant."The real purpose of supply of gas to the Anil Ambani firm was forpromoting electricity plant and not promoting trading in gas," senior advocateHarish...
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Mukesh Ambani's RIL on Wednesday told the Supreme Court that the demergerscheme worked out with his brother Anil Ambani was categorical that the gassupplies from the KG Basin to his group was not for trading and meant forpromoting power generation plant."The real purpose of supply of gasto the Anil Ambani firm was for promoting electricity plant and not promotingtrading in gas," senior advocate Harish...
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Mukesh Ambani's RIL on Wednesday told the Supreme Court that the demerger scheme worked out with his brother Anil Ambani was categorical that the gas supplies from the KG Basin to his group was not for trading and meant for promoting power generation plant."The real purpose of supply of gas to the Anil Ambani firm was for promoting electricity plant and not promoting trading in gas," senior advocate...
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Industrialist Anil Ambani, who heads the Reliance Natural Resources Limited (RNRL), made a surprise appearance at the Supreme Court on Tuesday.The court was hearing of the gas price dispute row between RNRL and Reliance Industries Ltd (RIL) on tapping the gas in the Krishna-Godavari Basin block.A three-member bench headed by Chief Justice K G Balakrishnan has been hearing the dispute over the supply...
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Mukesh Ambani's RIL on Wednesday told the Supreme Court that the demerger scheme worked out with his brother Anil Ambani was categorical that the gas supplies from the KG Basin to his group was not for trading and meant for promoting power generation plant."The real purpose of supply of gas to the Anil Ambani firm was for promoting electricity plant and not promoting trading in gas," senior advocate...
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Mukesh Ambani's Reliance Industries (RIL) today told the Supreme Court that the demerger scheme worked out with his brother Anil Ambani was categorical that the gas supplies from the KG Basin to his group was not for trading and meant for promoting power generation plant."The real purpose of supply of gas to the Anil Ambani firm was for promoting electricity plant and not promoting trading in gas,"...
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Industrialist Anil Ambani, who heads the Reliance Natural Resources Limited (RNRL), made a surprise appearance at the Supreme Court on Tuesday.The court was hearing of the gas price dispute row between RNRL and Reliance Industries Ltd (RIL) on tapping the gas in the Krishna-Godavari Basin block.A three-member bench headed by Chief Justice K G Balakrishnan has been hearing the dispute over the supply...
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