
3 things to know about potentially the biggest business battle of India:For years both the Gujrati businessmen Ambani and Adani avoided getting into each other’s business But Ambani broke the rule by announcing a new renewable energy venture of Reliance.Adani group is the biggest solar energy producer in the world, last year Adani’s stock went up by 850 % as people saw a promising future, but with Ambani’s announcement to clean energy business the share prices significantly fell.After Ambani’s announcement, It was Adani’s turn to give a punch back, and Adani group did by announcing that the company has registered a new subsidiary Adani Petrochemicals and decided to enter the sector which is the biggest business of reliance.Source: @index.daily, Business Standard, Business Today see hubwealthy.com/wealthy






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