NATIONAL Mother, sisters' appeal failed to influence Mukesh! Mounting attack on Reliance Group Chairman Mukesh Ambani on 'ownership issues', Anil Ambani's camp today (Nov 28, 2004) claimed that the elder brother had told his mother Kokilaben and sisters (Dipti and Neena) to keep out of the controversial RIL (Reliance Industries) board meeting of July 27, which conferred superior rights to the CMD.
No personal shareholding in REL: Anil Ambani Caught in a row with elder brother Mukesh Ambani over the ownership of Reliance empire, Reliance Energy Chairman and Managing Director Anil Ambani today (Nov 28, 2004) sought to enlist support of all the 25,000 strong workforce of the company saying like them he was a professional and had "no personal shareholding in REL (Reliance Energy).
'Meeting with Mukesh nothing to do with family row' IDBI chairman and managing director M Damodaran today (Nov 28, 2004) said Reliance Industries Limited (RIL) chairman and managing director (CMD) Mukesh Ambani had met him six months back but this had nothing to do with ownership issue in the Ambani family.
Anil Ambani requests 6 REL directors to continue Anil Ambani, chairman and managing director of Reliance Energy Limited, today (Nov 28, 2004) requested the six directors who resigned on Thursday (Nov 25, 2004) to continue even as a board meeting is being convened in the next few days on the issue.
Ambanis had given ownership to mother: Deed Much before the fight between Ambani brothers broke out over the ownership issue of Reliance empire, they had signed a "Deed of Release" giving the rights over the entire business assets and properties of Dhirubhai to their mother Kokilaben.
Apollo to expand overseas BPO business to US, UK The Apollo Group of hospitals was looking at expanding its medical business process outsourcing to the United States and UK, clinching new tie-ups with companies there with an increase in its existing manpower.
INTERNATIONAL FTA with Thailand may take time to operate: India India today (Nov 28, 2004) said a full fledged Free Trade Agreement (FTA) with Thailand may take some time to come into operation due to complexities in the tariff structure.
