In business every move is based on profitability. The media has been continuously giving news about the bitter rivalry between the two Ambani brothers, Mukesh and Anil, who head two of the richest corporates in the country. Now both are in the telecom sector, since it is one of the most profitable sector. Anil Ambani is the owner of the Reliance Communications Limited which is one of the leading private telecom company. Mukesh Ambani has started Reliance Jio Infocomm Limited and is in the move.
Both R-Com and jio Infocomm have now signed an Rs. 12,000 agreement by which the former will lease out its 45,000 towers to the latter.
It once again proves that maximisation of profit is the basic motto of the corporates.
When the i