Adani vs Ambani: Are India’s richest men about to battle over $2 customers? - Economic Times

Ambani built up scale in consumer businesses like telecom and retail to shed the groups overdependence on refining and petrochemicals. Adani went after industrial and utility-scale customers in transportation, coal and power. But they now have overlapping amb…

It was too quiet to last. A sustained and brutal destruction of capital in Indias telecom industry was only just starting to give way to a period of peace and calm. The three operators who survived o… [+5581 chars]

full article...