The Great Debate (India)

New chapter for billionaire Ambani brothers?

File photo of Anil and Mukesh AmbaniMukesh Ambani, chairman of Reliance Industries, has set out a new agenda of cooperation with younger brother Anil’s firm and forecast more opportunities for his company in the power sector.

Speaking at the company’s annual general meeting of shareholders, Mukesh Ambani said his company was ready to provide gas to ADAG’s power plant when they were ready and looked forward to a “harmonious and constructive” relationship with the company.

Last month, the brothers had taken a step towards reconciliation in their long-running feud, ending a non-compete agreement.

Twitter was abuzz with comments on Friday praising the “patch-up” as a “good move for Brand Corp India”.

  •