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Posted By : amit87dave	Date : 2009-01-01 04:16:42
Title : Speculation of Ambani reunion in 2009 may hearten investers
Description : It sounds utopian, but the Ambani brothers reunion is foremost in the wishlist of investors who want Mukesh and Anil to bury Decade's hottest biz feuds Formula for successful biz India Inc on crossroads differences and come together in the new year to create an unmatched business empire. It is not just wishful thinking. Many wellwishers in the government and the polity too are advising the brothers against prolonging the fight and put away the court battle to smoke the peace pipe and leave behind ugly memories of 2008. "Let's keep our fingers crossed," a Cabinet Minister, who did not want to be named, said when asked if he saw a rapprochement between Mukesh and Anil, whose fight inside and outside the courts intensified during the year gone by. Marketmen say millions of shareholders of Reliance, most of whom are associated with the group from the days of Dhirubhai Ambani, are wishing for a family reunion that was fuelled by the reported handshake between Mukesh and Anil at BJP's Prime Ministerial candidate L K Advani's residence. After grabbing the top positions in wealth creation for investors till 2007, the two groups ended among the platforms for biggest losses during 2008 and the outlook for the new year also does not appear too bright. The year saw the rivalry between the two reaching new levels with Mukesh-led Reliance Industries allegedly putting a spanner in Anil-led Reliance Communications' plan to merge with South African telecom major MTN, Anil Ambani filing a Rs 10,000 crore defamation suit against Mukesh and court battle over gas dispute between them making no headway.

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Replied By :neo_logi	Date : 2009-01-27 22:55:03
the brothers are showing losses but not due to mutual disputes, Remember the rapid growth after they parted which was brought through improved management. The main reason of their losses is the unprecedented decline in oil prices and that will happen even after merger.

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