Wednesday, June 29, 2005

Oil and Telephani - Dirubhai Ambhani

Desi Fun(da)
This Reliance battle of the Brothers went on for quite a bit. It turns out that turnoil was in the family even when the legendary Ambhani was around. But well all said and done the BSE took a beating when it began and then went on a roller coaster ride when Mrs K.D. Ambhani declared it all over.

My 2anna/2cents:
Guys anything over a crore is equal. Whether you are sitting on 250 crore or 2500 crore you just arent going to be around to spend it all. You had a wonderful opportunity to lead one of the biggest industrial houses in the nation towards becoming a powerhouse in the world but well you guys messed it all up. Now with the money making businesses with Mukesh and the semi-startups with Anil there is no scope of investing in the latter from the former. What does that mean? Well the semi-startups are definitely the future (energy, communication and finance) and they need a huge influx of capital to make them really competitive. It is going to be tough to do that now and when achieved it may be a tizzy bit too late. That said I feel Anil has the better deal but with recent slurry of announcements I am bit sceptical about his possibilities of success. Go a bit slow buddy unless elder bro has pumped in heavy doses of the green in your Swiss account now.

All that said and done considering that both brothers have two sons are we about to see dramas unfold in the future generations as well? Well as they say you reap what you sow. "Jaisi Karni Waisi Bhari". Not a good lesson for your kids dudes.

PS. I know Chidambaram says that puns are the lowest form of humor. ( He said it when he was made ET editor for a day). I am trying to get off the tarmac Mr PC please oblige till then.

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