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The Reliance Saga!

I was planning to write on the Reliance brothers patch up, but didn't get time to do.... Finally after 7 months of bitterness, they have finally decided to part ways with both of them getting equal shares of the Rs. 99,000 crore Reliance conglomerate!

But the silver lining here is that, they are going to rake in more moolah because of this, wondering how? Reliance Infocomm and possibly Rel Capital will be up for IPO very shortly and according to report Infocomm will easily fetch more than 10,000 crores in the market. Sameway, Mukesh is planning to merge the two companies he got, the flagship Reliance Industries and IPCL. Advantage?? He will have more money in his bank....

One wonders whether all these hooplah was a planned one from this business ace brothers!!

Click here to read the original document sent by Kokilaben Ambani to end the dispute

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