The feud between India’s billionaire Ambani brothers has flared up after arbitration proceedings were started against Reliance Communications.
Reliance Communications has only days to reach an agreement for a tie-up with MTN, but a face-off between the Ambani brothers could scupper a deal.
The Ambani brothers are battling again — this time over a deal being negotiated by the younger sibling Anil to create a telecoms behemoth.
MTN said on Saturday it was still pursuing tie-up talks with Reliance Communications after a dispute erupted over who has the first right to buy the Indian cellular operator.
After the smoke trails of fireworks have evaporated and the cheerleaders have put away their pompoms, India has begun to question whether its new billion-dollar cricket league is…
