 "deals")
Reliance Industries’ Mukesh Ambani has done so many deals since 2020 that news of a possible bid for Deutsche Telekom AG’s Netherlands business barely caused ripples. But the development deserves more notice because it signals, in a small way, Mr Ambani’s readiness to step into a challenging arena of global competition. In fact, the move is striking because it inadvertently highlights a long-standing anomaly in Indian business: Even the biggest and most powerful domestic business houses rarely test their mettle in the relatively open competitive markets overseas.
Before you reel off the names of Tata Motors, Bharat Forge, Bharti, Bajaj
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