Saturday, May 29, 2010

Mukesh Ambani celebrates after Mumbai Indians won against Rajasthan Royals in IPL II

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And, the hope

But, sources within the companies insist both brothers have enough on their plates already and it's unlikely they'd decide to cross each other's path in the near future.

RIL, sources say, would rather focus on expanding the E&P (exploration and production) business on a global scale.

"Shale gas is the next big frontier. We would like to cash in on this huge opportunity. Atlas Energy is just the beginning in that endeavour."

Even a CEO of R-ADAG, who did not want to come on record, said: "I don't see us getting into oil and gas tomorrow. These are tough businesses, that need detailed business plans, shareholders' approval. It's not so easy. Let's focus on what we already have."


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