Dhirubhai Ambani, founder of the Reliance group, famously said once that it was imperative to manage the environment when doing business in India.

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An ardent admirer of the late Dhirubhai Ambani of the Reliance group, Shah invited his billionaire son, Mukesh Ambani, to make the first symbolic trade on MCX.

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The chairman of Reliance ADAG (Anil Dhirubhai Ambani Group) made the announcement during the Global Investors Summit 2010 at Khajuraho in the central Indian state of Madhya Pradesh.

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The links between the two, though, go back to the days of Reliance founder Dhirubhai Ambani who preferred the Oberoi over its arch rival Taj chain, part of the Tata Group.

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The seeds of the current dispute were sown in a family agreement of 2005, which divided the Reliance empire founded by their late father Dhirubhai Ambani, who had died three years earlier. (See " Indian Billionaire Ambani Brothers Reach Settlement").

FORBES: The Ambani brothers are at it again.