Mukesh Ambani venturing into telecom
Mukesh Ambani is supposed to have had a long meeting with telecom czar Sunil Mittal.
The meeting is supposed to have taken place in Delhi, on May 26. This was the very same day, Mukesh Ambani had come to attend the Prime Minister’s Council on Trade and Industry meeting.
Though the Reliance Industries spokesperson refused to make any comment, but it is also supposed that the CII president Hari S. Bhartia was also present in the meeting.
The entire event is supposed to have taken place after Anil Ambani revoked a non-compete agreement that Mukeshs group had presented.
Though the two Ambani’s on May 23 decided to scrap the non-compete agreement but Mukesh will keep out of gas based power plants till 2022.
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Posted by AnnabelleLion on May 29 2010 Filed under Business. You can follow any responses to this entry through the . You can leave a response or trackback to this entry
