|
On
June 18, the seven-month-long battle between Ambani brothers Mukesh and Anil culminated
in an agreement to divide the Reliance group. The Reliance deal lifted Indian
shares to a record high. Relief at the dispute's conclusion briefly pushed shares
beyond the 7,000 mark.
The Bombay High Court's endorsement of the RIL demerger on December
9, came as another huge relief for the country's leading business
house.
|