Unforgettable 2002..! Mukesh Ambani, Anil Ambani Clash..!?

Sowmiya Sriram
Unforgettable 2002..! mukesh ambani, anil ambani Clash..!?

India's largest business empire, reliance Group has not only been on the winning track before and after liberalization, unlike any other company in india, but also a pioneer. The incident in 2002 with the owners of reliance Group, the Ambani family, is still a lesson for many leading business empires, and why even the Ambani family can't forget it. Experience has been given.
India's largest business empire, the reliance Group, was founded in 1965 by Dhirubhai Ambani, who hailed from an ordinary middle-class family and is still a matter of astonishment. The main reason for this is that even today middle-class people are struggling to start new businesses.
Thus, the reliance Group started by Dhirubhai Ambani in the 1960s not only grew tremendously in a short period but also left behind an important problem when he died at the age of 69.
Dhirubhai Ambani, who did everything to grow the reliance Group, what to and what not to do, did not write a will for his sons, which created a big problem in the indian business market.In July 2002, when Dhirubhai Ambani died without writing a will, the conflict between mukesh ambani and anil ambani erupted into the biggest problem since almost August, a few days after Dhirubhai Ambani's death, which those who have been investing in the stock market for a long time cannot forget.
Then and now, reliance is the darling of investors. The main reason for this is that reliance grew faster after liberalization, despite the concentration of foreign companies in india than before liberalization to cope with indian competition. Failure to do this has led to the collapse of many great trading empires. Even today many ancient trading empires are on the verge of collapse. If you look at it, only a few business groups like the Tata group are growing continuously.
Well, let's get to the point, mukesh ambani was appointed as the Chairman and Managing director of reliance Group within a few weeks of Dhirubhai Ambani's demise.
anil ambani was appointed as Vice Chairman. mukesh ambani was expected to be given the post as he was senior. After this appointment, the business started running without any problem, but every day there was a big problem in the management and the management team. reliance shares are also traded with normal volatility due to the lack of visibility of the issue.
The mukesh ambani and anil ambani problem came to light as the 2-year-old feud reached its peak, and both of them went beyond accusing and criticizing each other in a press conference and writing letters to the Prime Minister.
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