AXA deal brings Ambani bros into competition

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.

Ambani truce: RIL to enter power, communication

RIL, the country’s largest conglomerate in terms of value, will enter the power and communication sectors with huge investments, besides pumping in money to expand its existing operations in various sectors.