IIP nos, Ambani truce hopes lifts mkt

Source: The Economic Times

Mumbai : India | about 1 month ago

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Reliance is controlled by India's wealthiest man, Mukesh Ambani

Source: AFP
Anil Ambani, Chairman of Reliance Communications, speaks to ...

Source: Reuters

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Reliance is controlled by India's wealthiest man, Mukesh Ambani

Markets on Monday soared by over 380 points to regain the 17000-level after the investor sentiment was bolstered by robust industrial production in August and hopes of a truce between warring Ambani brothers. Markets witnessed frantic rally soon after the news of 10.4% growth in industrial output,...

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News Stories

IIP at 22-month high

News Source: Asian Age | about 1 month ago

India’s industrial production grew by 10.4 per cent in August raising expectations that the economy is back on track...The industrial production had expanded by 1.7 per cent in the same month last year. The finance minister, Mr Pranab Mukherjee,...
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News Source: Sify News | about 1 month ago

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Ambani war: Legal team may expand

News Source: India Abroad | about 1 month ago

ASG Mohan Parasaran currently represents the government in the dispute over the quantities and price committed by Mukesh Ambani-led Reliance Industries [ Get Quote ] in a 2005 family agreement for supply of natural gas to a company run by younger...
Tycoon Anil Ambani rebuffed in bid to settle family feud

News Source: Times of Oman | about 1 month ago

Indian tycoon Anil Ambani has extended an olive branch to his brother to settle an ugly feud stemming from a family pact splitting their corporate empire but his overture has been rebuffed. After firing nearly daily volleys at his older brother...
Ambani brothers' gas dispute ups India investment risks

News Source: BDNews24 | about 1 month ago

The wrangle over an energy deal between billionaire Ambani brothers has highlighted the risks inherent in an economy dominated by big family businesses and spurred calls for the government to intervene. The latest dispute between the feuding brothers...
Ambani truce call sends RIL, ADAG stocks soaring

News Source: The Economic Times | about 1 month ago

Rs 87.40 in a strong market after Reliance Anil Dhirubhai Ambani Group chairman on Sunday called for an end to a bitter feud with his elder brother Mukesh over the split of the family business empire. In response to the overture, RIL said it welcomed...