Wednesday, September 24, 2008

Anil Ambani Files Rs. 10,000 crore suit again big brother

Now a new twist to the feud of Ambani brothers as Anil has filed a defamation suit for a whopping Rs 10,000 crore against his big brother Mukesh Ambani for a statement to have been made by him in an interview with the New York Times some weeks ago.
The suit has been filed in the Bombay High Court about a month ago with no details available publicly.
"What most distinguishes Reliance from its rivals is what Ambanis friends and associates describe as his 'intelligence agency' a network of lobbyists and spies in New Delhi who they say collect data about the vulnerabilities of the powerful, about the minutiae of bureaucrats' schedules, about the activities of their competitors," the New York Times had said.

The two brothers have been in a battle since they succeeded the Reliance Empire in 2004 and they finally reached a settlement in 2005. However this settlement has not brought peace between the two as their battle continues on various issues like the gas suply deal or the statement given to the press.

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