Anil Ambani group firm Reliance Capital has exited Mukesh Ambani-led Reliance Industries by offloading an investment worth Rs 129.88 crore in the shares of the countryâ€™s most valued firm. However, R-Cap continues to hold a little over one per cent stake in another Mukesh Ambani group firm Reliance Industrial Infrastructure Ltd (RIIL). Incidentally, another Anil Ambani group firm RNRL is engaged in a legal battle with RIL and both entities have approached the Supreme Court in last two days on a judgement by Bombay High Court on a gas supply dispute between them. The disclosures about the sale of RIL shares as also the continuing investment in RIIL shares have been made in the annual report of R-Cap for the fiscal 2008-09.
Every time an offender stealthily leaves India to take refuge in another country, the Government of India starts all over again with its strategy of bringing him back to the nation to make him stan More
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