Ambani vs Ambani redux

It's Ambani versus Ambani, again. On Friday, Mukesh Ambani's $58-billion Reliance Industries (RIL) announced that it inked an agreement with Bharti and French insurance major AXA to acquire Bharti Enterprises' 74% stakes in two insurance joint ventures — Bharti Axa Life Insurance and Bharti Axa General Insurance.

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