More than a year after Relaince group, India's largest private sector enterprise, was split between the two brothers Mukesh in an interview to Newsweek said, "this is the first case where value has been enhanced."
"When you see restructuring or (there are) separations in a family or firm, value has almost always been destroyed. This is the first case where value has been enhanced. In that way it has been a win-win ending," Mukesh Ambani, chairman and managing director of the over $20 billion Reliance Industries Limited, told the magazine.
A year ago, with Reliance stock faltering, Kokilaben, the matriarch of the Ambani clan stepped in to resolve the feud by dividing the conglomerate in two with Mukesh getting the flagship Reliance Industries Limited while Anil got three companies namely Reliance Infocomm, Reliance Energy and Reliance Capital.
Since the break-up, Mukesh Ambani has finalised plans to invest more than $11 billion (about Rs 50,000 crore) over the next decade to build two new satellite cities outside the creaking, overcrowded metros of Mumbai and Delhi.
RIL's scrip, which had fallen to about Rs 600 a year ago when the two brothers were involved in intense fighting over the ownership of the Reliance empire, has increased significantly to cross the four-figure mark at the bourses.
It is now India's largest private-sector enterprise by any measure -- revenue ($20 billion in 2005), profit ($2 billion), or a share of Indian GDP (3.5 per cent).
RIL's market value has been hovering around $35 billion based on its share prices last week.
© 2026