370)this.width=370">No deal to breach now
"Technically speaking, yes, the floodgates have opened, but I don't think that will happen. I would take this statement at face value," says veteran Supreme Court lawyer and Reliance watcher, H P Ranina.
"Both brothers compliment each other, for the sake of the shareholders of their respective companies. I think they will put an end to this animosity."
Doubts persist among some. Take telecom, for example. Mukesh Ambani had to sacrifice Infocomm when the empire got divided. Some analysts feel this is perhaps the right time to revisit that dream, via acquisitions.
"Reliance is sitting on a pile of cash. They may explore some M&A (merger and acquisition) opportunities once there is more clarity," said an analyst, on condition of anonymity.
Or financial services or even media. Reliance Retail (of RIL) has captive subsidiaries such as Reliance Retail Finance, Reliance Retail Insurance Broking and Reliance Financial Distribution & Advisory, which can now evolve into full financial divisions, selling the entire gamut of third-party financial products.
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