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Day after settlement, Anil Ambani visits Tirupati
Sunday, June 19 2005 12:03 Hrs (IST) - World Time -

Tirupati: A day after settlement of the acrimonious ownership row in the Reliance empire, Anil Ambani today (Jun 19, 2005) visited Tirupati temple to thank Lord Venkateshwara for resolution of the crisis in the family.

Accompanied by wife Tina and sons Anmol and Anshul, Anil Ambani airdashed from Mumbai this morning to offer prayers at the temple.

Spotlight: Battle of Ambanis

Shortly after the feud between him and his elder brother Mukesh became public last November, Anil had visited the temple and said he had come to pray for peace and tranquillity in the family and seek strength to carry forward the legacy of his late father Dhirubhai Ambani who created the largest private sector conglomerate from a scratch.

The seven-month-long family dispute was settled yesterday (Jun 18, 2005) with the mother announcing the resolution of ownership issues between her two sons after a night-long family meeting.

As part of the settlement, Anil gets Reliance Energy, Reliance Infocomm and Reliance Capital while elder brother Mukesh, who along with his wife flew to Goa yesterday to attend the marriage of the daughter of his close lieutenant Anand Jain, would retain flagship company RIL and IPCL along with some other group companies.

PTI

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