Finance & Money,

Sai K.

Can brotherly love buy you money?Martin Hutchinson | 2010-05-26 02:10:00

Can brotherly love buy you money?

The reconciliation between billionaire brothers Mukesh and Anil Ambani has boosted stocks of several of the companies they control.

Special

But while the rapprochement will save them stress and legal fees, friendly relations probably won't add much long-term value.

There is some scope for joint ventures between the two brothers' conglomerates - respectively, Reliance Industries and Anil Dhirubhai Ambani Group (ADAG). But these are minor.

Meanwhile merging the groups, reversing the break-up of 2005, makes little economic sense given the current form of their holdings.

http://sify.com/finance/can-brotherly-love-buy-...

Featured Companies & Orgs 

Pledge to do these related actions

Divest from fossil fuel companies, 6°

One need not invest in companies who are contributing most strongly to environmental destruction through ...

Crowdfund a Brew Hostel, 12°

When you've got a Sustainable Cohousing Network, Crowdfunding a Brew Hostel is the logical next ...

Convert Diesel Garbage Trucks to CNG, LNG and Hydrogen Fuels, 11°

In the United States approximately 175,000 refuse trucks operate and burn approximately 1.2 billion gallons ...

Follow these related projects

Energy Economy Real Facts

On Line, United States

Chexsystems banks

United States