Tuesday, December 11, 2007

Sibling rivalry may be an understatement

That the two brothers indulge in a bit of sibling rivalry may be an understatement. Equally true would be a perception that there is not much love lost between the two. There have been numerous tales of one-upmanship games between those loyal to Mukesh and others at the Knowledge City in New Mumbai that went to Anil Ambani after the split between the two in June 2005. Equally fascinating for gossip mongers are tales of how Mukesh is building a new residence in South Mumbai. Both seem to share an appetite for private jet aircraft s. Both have big plans for the media sector. Even as Anil Ambani is consolidating his plans for the entertainment sector after the acquisition of Adlabs, Mukesh throws his hat into the ring with speculation that he might finance Bollywood projects and production houses. Even as Anil struggles to launch the various power generation projects he has announced, Mukesh announces an ambitious power project for his Haryana Special Economic Zone (SEZ).

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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