New Delhi: Reliance Communications chairman Anil Ambani said his company will partner with elder brother, Mukesh Ambani to come together to launch fourth-generation (4G) mobile phone services by the year-end.
The Rs 1,200-crore deal, announced by Reliance Jio Infocomm and RCOM on Tuesday, also proves that Mukesh Ambani-led Reliance Industries (RIL) group would follow an "asset-light" approach for its telecom business, they added.
Arvind Kejriwal was on Saturday accused of being interested only in defaming people and also called "mentally sick" by the Congress and the RJD, a day after the activist fired another salvo as part of his campaign against corruption.
Nearly a year after scrapping the non-compete agreement between them, the Ambani brothers Friday came into direct competition with each other with the elder sibling Mukesh-led group`s entry into the insurance business.
Andhra Pradesh police booked cases
against two more Telugu news channels over a report alleging
conspiracy by Ambani brothers in the death of former chief
minister Y S Rajasekhara Reddy in a helicopter crash.
Government on Tuesday opened its arguments in the high-voltage gas row between the Ambani brothers in the SC asserting that any understanding reached between them was not binding on it as gas was not their "private property".
Two of the top corporate houses — headed by estranged industrialist brothers Mukesh and Anil Ambani — are set for a showdown in the Supreme Court, which will commence hearing on their gas supply dispute on Tuesday.
The raging dispute being heard in the Supreme Court between the companies belonging to the two Ambani brothers, Mukesh and Anil, mainly concerns the supply and pricing of natural gas from the Krishna Godavari basin.