5 Conflicts That May Outline 2013
Mukesh Ambani vs Sunil Mittal
Mukesh Ambani is the chairman and CEO of Reliance Industries. The company ranked at 99th position in Fortune Global 500. It is India’s leading company of energy and materials conglomerate in Reliance Group. It is the second largest Indian company by turnover and most valuable company by market value. Mukesh is pitted against Sunil Bharti Mittal for the 4G spectrum deal this year. Sunil Mittal is also called the Indian telecom mogul, the founder, chairman and Group CEO of the Bharti Enterprise.
Two of India’s most exciting and aggressive entrepreneurs first clashed ten years ago in the telecom sector. Once again both are set to battle for the 4G services. India’s first 4G services were launched by Airtel mid of last year in Bangalore and Kolkata. Mukesh Ambani has plans of selling the 4G services in low cost tablets which has brought him face to face with Mittal in acquiring the services.
The clash of power does reek of uncertainties but it also offers different perspective and flavor to the people in the country. With the major personalities putting their foot down to achieve their goal in 2013 there is plenty for those who enjoy the tiffs and squabbles in the political and business arenas.
