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How what is perhaps the biggest inheritance battle to rock an Indian family since the Ambanis split in 2005 is playing out.

Telecom and retail both continue with their ‘hit and miss’, while O2C delivers an unsurprisingly poor performance in Q4. This is a year RIL will be glad to see the back of.
The Kerala-based bank has been chasing costly and risky bulk term deposits amid tanking profitability.
Telecom and retail, which account for half the conglomerate’s revenue and most of its valuation, aren’t accelerating fast enough to justify their price tags.