In a surprising development two feuding Ambani brothers have finally realized the fruitlessnes of their on-going showdown and have agreed to make peace!!
This was expected as Supreme court had given its verdict which cannot be challenged any further.
This is a welcome news. If some members must have observed after the verdict stock prices of all companies under the Anil's banner listed on the stock exchange had fallen drastically. Hope to see a good comeback of all the scripts.
The settlement may help both reliance group companies and shareholders may benefit. Constant war between two leading industrial houses is definitely not good.
Ego has no place in matters involving business and this bitter truth has been learnt by the feuding brother at a huge cost to the companies and their stakeholders.