Business Today

Brothers in arms

Given the embarrassment of their riches, it’s a shame that the two Ambani brothers cannot desist from taking continuous pot shots at each other’s businesses.

     Print Edition: September 6, 2009

When Greed Is God
Your cover story (Ambani Feud: The Real Story, August 23) reminds me of the memorable words “greed is good” in the movie Wall Street. But even this pales in front of the Ambani brothers’ feud, which would have one believe that greed is the only God businessmen worship. - Manu Kumar Lal, Gurgaon

Brothers in Arms
Given the embarrassment of their riches, it’s a shame that the two Ambani brothers cannot desist from taking continuous pot shots at each other’s businesses. One wonders whether their much-publicised public spats are due to their vaulting ambitions, their oversized egos, business rivalry or based on plain greed and jealousy? As top industrialists whose companies hold the trust of millions of shareholders, the two brothers should realise that their frequent ego clashes hurt thousands of their shareholders and could eventually erode the high public esteem they are held in. - Gautam Chadha, Delhi

The Fight Over Gas
Family disputes among corporate houses are not new. But too much is at stake now for the government to stay silent in the recent dispute between the Ambani brothers. Their latest spat could obstruct the efforts of the government to best harness India’s natural gas reserves and help tide over the country’s energy crunch. - Swarup Bundela, New Delhi

Countering the Chinese Dragon
Friendly Side of the Dragon (BT, August 9) has the right message: If bilateral trade with China has to flourish, clearly, the Indian exports basket has to diversify. India can measure up to the Chinese exports challenge by becoming a manufacturing powerhouse itself. It’s time to start thinking beyond the IT and services sector and tailor our industrial policies towards promoting the manufacturing sector. - R. Govardhan, Bangalore

Correction
In Short-lived Retirement (PPP, BT, August9), it was erroneously stated that e4e CTO Sridhar Mitta had quit the company, when, in fact, he is still with e4e. The error is regretted.

Doing More for SMEs
Many many thanks to Business Today for coming out with a special feature on the Indian SME sector (The Small and the Beautiful, BT, August 9). All too often, in our preoccupation with big brands and businesses, we tend to ignore the contribution of the micro, small and medium enterprises even though they account for almost 90 per cent of industrial units in India and contribute 35 per cent to our merchandise exports. It’s rather unfortunate that the sector finds itself at a disadvantage in gaining access to finance and capital, which could help it turn more competitive and vibrant. - Ankit Shah

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