Wednesday, September 24, 2008

Mother of all defamation suits: Anil Ambani sues Mukesh

By Khabrein.Info Correspondent,

Mumbai, Sept 25, 2008: Anil Ambani has filed mother of all defamation suits of Rs 10,000 cr against Mukesh Ambani, the chairman of Reliance Industries and his elder brother. The two are at loggerhead at each other ever since the death of their father Dhirubhai Ambani, who built India’s largest private company, Reliance Industries.

Though the two have multiplied the investors’ money and both have built equally formidable companies giving them almost top slot in Forbes list of richest men in the world, the animosity has not come down between the brothers.

But the dispute has snowballed into a big controversy with both the brothers vying for top spot in energy sector as well.

Younger brother Anil Ambani, who owns Reliance Telecom and Reliance Energy has filed a defamation suit against his brother reportedly worth Rs 10,000 crore.

Junior Ambani has named several other people as respondents in the petition, including New York Times editor, publisher and reporter of New York Times) in its petition.
read more:

No comments: