Richest Indian Mukesh Ambani saving younger brother Anil from jail by helping his struggling telecom firm repay Swedish supplier Ericsson may be a watershed moment in the relationship between the two brothers, who have in the past publicly bickered and fought court cases against each other.
Industry watchers said the last-minute bailout may mark the beginning of a more harmonious relationship between the two brothers after more than a decade of strained ties.
Anil, who along with his wife and children was photographed enjoying the recent weddings of Mukesh's children, thanked his elder brother and sister-in-law for "standing (by him) during these trying times, and demonstrating the importance of staying true to our strong family values by extending this timely support."
A source said the two brothers could even work more closely in the future. "It may well turn out to be a watershed moment in their relationship."
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