12 April, 2021

Worm Alert, Mail Re-Routed

As the family drama drags, so does the intrigue. The latest—exposed e-mails on the Infocomm shenanigans. Who did it, and why? With this big a pie, even the state treads softly. Updates

Anjan Das
Worm Alert, Mail Re-Routed
Akhil Gupta was one of Mukesh Ambani's closest friends, like a third son the late Dhirubhai Ambani never had. Gupta was one of the few outsiders who was treated like an Ambani family insider (he was the only non-Ambani to have an apartment at the family residence at Mumbai's Sea Wind). So it came as a surprise when Gupta quit as CEO (business development), Reliance Infocomm, to join the US-based Blackstone group, a financial services consultancy firm with a private equity arm to invest in several markets, including emerging ones.

But worse was yet to come. Confidential e-mails written by him to Mukesh last year were leaked to the media. And their contents were explosive. Yet again, it came to the fore that the road to peace between the two warring Ambani brothers, Mukesh and Anil, was wrought with landmines. It seemed the settlement between the two to divvy up the Rs 1,00,000 crore Reliance empire was still mired in problems. Obviously, there was more to it than met the eye.

One of the two e-mails established the fact that Gupta had warned Mukesh about Infocomm's...
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