Yet another chapter in the story
of the Ambani brothers has been written today. This battle though has clearly
been won by the younger Ambani brother- Anil. Mukesh Ambani’s hopes of
exercising control over the Natural Gas sector by throwing a wrench at his
brother’s similar ambitions have been squashed for now. While one brother
celebrates his victory in the Bombay High Court, the other is planning his next
move. For investors and traders meanwhile, two money making opportunities have
risen.
The recently concluded maiden public issue of Reliance Power, which was oversubscribed 73 times, has created plenty of world records. Not only it garnered an astronomical $190 billion but also it is the biggest subscription of any IPO anywhere in the history of global capital markets, with a staggering five million applicants.
Yet another chapter in the story
of the Ambani brothers has been written today. This battle though has clearly
been won by the younger Ambani brother- Anil. Mukesh Ambani’s hopes of
exercising control over the Natural Gas sector by throwing a wrench at his
brother’s similar ambitions have been squashed for now. While one brother
celebrates his victory in the Bombay High Court, the other is planning his next
move. For investors and traders meanwhile, two money making opportunities have
risen. 
