Anil Ambani Floats Tech Reliance For IT Foray; May Invest $2 Billion

Entities Mentioned

• Reliance Industries Limited
• Infosys
• Wipro
• Reliance ADAG
• Anil Ambani
• Tata Consultancy Services
• Tech Mahindra
• Mukesh Ambani

1. Even though Mukesh Ambani still does not get it, his brother Anil Ambani has finally got it. At least one faction of the Reliance Group has realised IT is an opportunity they missed. Reliance ADA Group has decided to enter the IT services business by floating a new company - Tech Reliance (does it sound [...] (Read Full Article)

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