Word: ambaniã
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AHMEDABAD, India – In early September, the Indian Supreme Court is expected to rule on a gas-agreement dispute brought forth by India’s third richest industrialist, Anil Ambani??against India’s richest, Ambani??s own brother, Mukesh. The two businessmen now independently run what was once India’s largest industrial conglomerate, Reliance Industries, divided between the quarreling heirs after the death of the family and company patriarch, Dhirubhai Ambani. In a country ostensibly rooted in deep extended-family relations, the partitioning of Reliance and the Ambani family?...
...business is no longer the only source of livelihood for sons, since alternative opportunities abound. But some attribute even this modern move away from the “family as necessitated for economic stability” mantra to the timeless strain in extended family relations as a whole. The Ambani??s are perhaps not unique in their recent disputes, but only in their press coverage...
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