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Indian company split between brothers

NEW DELHI, June 18 (UPI) -- Two brothers in charge of Indian industrial giant Reliance have ended a public feud by splitting the businesses between them.

The BBC reported that Mukesh Ambani, the elder brother, plans to control the petrol and petrochemicals sections of the business, and younger brother Anil Ambani will oversee telecoms and electricity, announced the men's mother, Kokilaben Ambani.

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"I have today amicably resolved the issues between my two sons, Mukesh and Anil, keeping in mind the proud legacy of my husband, Dhirubhai Ambani," Kokilaben said Saturday.

The battle for control of the company, India's largest private firm, began in November, three years after the death of Dhirubhai Ambani.

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