The markets had been speculating for weeks, but on Monday corporate India's first family got into it as well.
The latest Ambani-sibling fight has now become a political battle.
Ambani siblings' war intensified on Saturday with the younger Anil's group warning to retaliate in case Mukesh-led Reliance Industries goes legal with its claim on the potential multi-billion dollar amalgamation deal that the former is pursuing with South African telecom giant MTN.
54 year-old Shyam Kothari succumbed to cancer
An industry source said Reliance Industries did not have a controlling stake in Yatra.com through its acquisition of Network 18. It was just a financial investment.
The Ambani brothers -- Mukesh and Anil -- came together for the inauguration of a memorial for the legendary industrialist and founder of Reliance Group Dhirubhai Ambani in Chorwad town in Junagarh district on Wednesday, in the presence of the entire family.
Anil Ambani group company Reliance Communications Infrastructure Ltd has moved the Supreme Court seeking to recover more than Rs 58 crore (Rs 580 million) of outstanding loan from a Mukesh Ambani group firm.
Unresolved succession plans and informal ownership structures are fuelling bitter family fights across India's corporate boardrooms.
Mukesh will invest Rs 25,000 crore in setting up an SEZ in Navi Mumbai
Film folk mourned Zarine Khan and condoled with her family at her prayer service on November 10 at Mumbai's JW Marriott hotel.
Several film folk paid their last respects to Sanjay Khan's wife Zarine Khan, as she passed into the ages on November 7. The funeral was held at the Juhu crematorium in northwest Mumbai.
It was a proud evening for Shah Rukh Khan, as elder son Aryan Khan shone under the spotlight for his first ever premiere.
She looked after him for 11 years.
The celebrations continued with the mehendi ceremony for Radhika Merchant and Anant Ambani.
Also spotted in Jamnagar: Hardik Pandya, Ishan Kishan, Suryakumar Yadav, Krunal Pandya, Rashid Khan, Nicholas Pooran, Dwayne Bravo.
Hint: She's closely related to the bride, Radhika Merchant.
'Welcome to #Wimbledon, Rohit Sharma,' the official Wimbledon X handle posted, sharing a picture of the cricketer who led India to the T20 World Cup title last fortnight.
Cricket ricket royalty added to the glamour at Anant Ambani and Radhika Merchant's sangeet ceremony in Mumbai on Friday night.
Welcoming the Ambani brothers' agreement to smoke the peace pipe by terminating the non-compete agreements between them, market analysts termed the development as a harbinger of good times for both RIL and ADAG companies and their shareholders.
Isha Ambani means business. Not only when she is doing business - she leads Reliance Retail - but also when she is not. The latter was unmistakable on Wednesday, during her eight-minute 49-second video address on the occasion of "Girls in Information and Communications Technology (ICT) Day India 2024".
Reliance Industries chairman Mukesh Ambani will appeal against the fine imposed by market regulator SEBI over alleged irregularities in a two-decade-old share issue in the company, the firm said on Thursday. Reliance Industries Ltd (RIL) had issued debentures with convertible warrants in 1994 and allotted equity shares against the warrants in 2000. This was when Dhirubhai Ambani was heading the undivided company.
The government on Wednesday asserted in the Supreme Court that any suitable arrangement between the Ambani brothers for the supply of gas from K G Basin has to be approved by it keeping the national interest paramount.
Welcoming the truce between the Ambani brothers Mukesh and Anil, Finance Minister Pranab Mukherjee on Monday said it would do a lot of good to the business world.
Mukesh or Anil, who will have the upper hand in the battle for major share of Mumbai makeover pie will be known later on Wednesday.
A day after the wedding of the year, a special function, called the Shubh Ashirwad, was held on July 13 to bless the newlyweds, Radhika and Anant Ambani.
*Everyone* turned up when Nita and Mukesh Ambani invited them to their home Antilia in south Mumbai for Ganesh Chaturthi.
A couple of days before he led India in the first of the ODIs against Australia at Mohali, Skipper K L Rahul was at Antillia, Nita and Ambani's home, to celebrate Ganesh Chaturthi.
In the midst of a renewed feud between the Ambani brothers, the younger sibling Anil called on Finance Minister P Chidambaram on Monday.
As the wrangle over the energy deal continues between Ambani brothers, younger brother Anil Ambani has opted to go on a religious tour of South India.
The star-studded, pre-wedding festivities of Radhika Merchant and Anant Ambani spilled over to Day 3, as celebs continued to have a grand time in Jamnagar.
Investors were on Monday sceptical on the shares of Ambani sibling companies and their prices remained subdued despite a resurgent stock market.
Even four years after splitting the Reliance empire, the Ambani brothers still seem to be washing dirty linen in public: the latest battle is over gas pricing.
A flare up of sibling rivalry between India 's billionaire Ambani brothers over the proposed takeover of mobile operator Reliance Communications by South Africa's MTN is threatening to spill over into the courts.
"You will create history by doing this job and your name will be there in all newspapers and other media," it said, citing their conversation.
As the time draws closer to the expiry of exclusivity agreement between Rcom and MTN for negotiations, one newspaper after another in Britain and the US is commenting on the eruption of a battle between the two richest brothers in the world. The controversy over the possible deal started with Mukesh Ambani-led Reliance Industries asserting its Right of First Refusal over the younger brother's company with legal notices to Rcom and MTN.
Anil Ambani promoted Reliance Natural Resources icked off the second round of the battle today by filing a special leave petition in the Supreme Court, which prompted Mukesh Ambani-led Reliance Industries to file a caveat in the apex court.
A designated Delhi court has directed the Chief Metropolitan Magistrate to issue summons to Reliance group chairman Mukesh Ambani and its managing director Anil Ambani.
