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Ambani foray into TV, telecom may rekindle rivalry with brother

Mukesh now plans to spend US$2b in 3 years to capture India's TV sets: sources

Reliance Industries Ltd, owned by India's richest man Mukesh Ambani (left), is considering entering the power-storage business with its partner BP Plc to expand into the country's growing renewable energy sector, according to two people with knowledge of the plan.


INDIA'S richest man, Mukesh Ambani, is muscling into the country's cable TV sector as part of a media and telecommunications offensive that pits him against his once-estranged younger brother and threatens to shake up both industries.

He controls Reliance Industries, an oil-...

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