Wednesday, March 05, 2025 | 02:48 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

<b>T N Ninan:</b> Converging and diverging

Mukesh's new businesses like oil & gas, retail have not been great successes but he has abundant cash flow while Anil still has a pile of debt to clear

Image
Premium

T N Ninan
The tale of the Brothers Ambani has just had another twist. Reliance Communications, the company that younger brother Anil wrested from older sibling Mukesh during an acrimonious parting of ways in 2005-06, has just sold most of its assets to Mukesh’s Reliance Industries for Rs 240 billion (Rs 24,000 crore). In a way, this marks apogee and perigee for the two careers. Mukesh, 60, can look back on a year during which he has shaken up the telecom industry with the launch of his Jio service, whereas Anil (two years younger) has been selling one business after another to raise
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in