Anil Ambani on Wednesday produced much mirth at an investment meet here when he greeted his elder brother Mukhesh Ambani.

"Respected my elder borther Shri Mukesh Ambani," he said looking at his sibling seated in the front row of the audience at the 5th Global Summit of Vibrant Gujarat in Ahmedabad.

A round of thunderous applause followed.

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The sons of renowned late industrialist Dhirubhai Ambani were engaged in a bitter battle since 2004 over dividing the Reliance empire, which was capped by the dispute over sharing and pricing of natural gas from the Krishna-Godavari basin.

After the Supreme Court judgement in the gas dispute, there had been at least no no open war between the two.