Anil Ambani's struggle not over after rescue by brother

Entire Reliance Group faces debt crisis despite signs of peace between siblings

20190321N mukesh and anil ambani

Reliance Industries Chairman Mukesh Ambani, left, walks with his brother Anil Ambani during the wedding of his daughter Isha in Mumbai, India on Dec. 12, 2018. 

KEN KOYANAGI, Editor-at-large, Nikkei Asian Review

MUMBAI -- The long sibling rivalry between Indian businessmen Mukesh and Anil Ambani seemed to reach a truce when Mukesh provided emergency funding this week that saved his younger brother from a jail sentence for failure to repay debt.

But Anil Ambani's struggles to keep his version of the Reliance conglomerate afloat remain far from over, and further interactions -- if not battles -- with his far more successful brother are likely to come.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.