Mukesh Ambani, chairman and managing director of Reliance Industries, pictured in 2017. Photo: Reuters
Ambani, Tata, Hinduja: how India’s family-run business empires battle over their billions
- From Mukesh Ambani’s falling-out with his brother Anil to the recently settled Tata dispute, India is no stranger to rancorous legal battles between family members
- A lack of succession planning is often to blame, observers say, in a country that ranks third globally for family-owned businesses
Mukesh Ambani, chairman and managing director of Reliance Industries, pictured in 2017. Photo: Reuters