WHEN ANIL AMBANI TUNED INTO THE REL JIO STATION

Reliance Capital chairman Anil Ambani (right) with son Anmol at the company’s AGM in Mumbai on Tuesday. “Anmol has brought tremendous luck. The (Rel Cap) stock price has risen 40% since his induction into the board,” Ambani said. He said Reliance Communications has all the spectrum it needs and has effected a virtual merger with brother Mukesh’s Reliance Jio. The two brothers, Anil said, will fulfill their father Dhirubhai‘s telecom dream for India. “The other telecom companies will have to spend heavily on spectrum to survive.” His other company, Reliance Power, will double the capacity of its Rosa and Butibori power plants, and focus on solar this year.