Reliance rebel on the streets

Anil Ambani has always been the polished public face of Reliance Industries, the Indian conglomerate whose family owners have had a spectacular falling out.

He was more public than ever on Wednesday with a pavement outburst before the board meeting weighing Reliance's annual results.

He swapped the usual PowerPoint presentation in a five-star hotel for a crowded pavement on a hot and sticky spot near Reliance's headquarters in Mumbai. Standing near vendors selling Mumbai's savoury delicacies, his favourite food, Anil launched another outburst against shady governance and lack of transparency, the weapons in his six-month battle with elder brother Mukesh for a share of the Reliance billions.

The street show demonstrated Anil's mastery of the media, one of the three M's along with mother (who has the final word, says the son) and member of parliament (his other job) that have defined his strategy against Mukesh.

With talk of a deal rife, what odds that next year Anil will have swapped the street for the Sheraton?

Bust-up

Observer laments the news that the end might be nigh for South Korea's explosive parliamentary sessions.

Outrageous haranguing, sit-ins and even fist fights regularly liven up otherwise dreary debates in the national assembly in Seoul, but the legislature's ethics committee has just passed a resolution banning lawmakers from using foul language, attacking one another physically and making false accusations during assembly sessions. They'll be outlawing filibustering next.

observer@ft.com

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