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Opinion

Ambani deal raises awkward questions

End of family feud leaves doubt about the health of Indian capitalism

| India
Mukesh Ambani, right, and Anil Ambani in Gandhinagar, Gujarat, in January 2013   © Reuters

India's richest man has one more thing to celebrate. Last month, billionaire Mukesh Ambani bought various telecoms assets from his younger brother Anil, at fire-sale prices. The deal ended one of Asia's longest corporate quarrels, handing Mukesh Ambani a satisfying family victory and humiliating his brother in the process.

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