On Amma’s

Heads I Win, Tails I Don’t Lose

The Economic Times - - Companies -

Now, how’s that for a bet? The younger Am­bani scion known for his marathon runs sealed one such re­cently when he met fel­low in­dus­tri­al­ist and real es­tate de­vel­oper Ni­ran­jan Hi­ranan­dani at a jog­ging park in Mum­bai early morn­ing. A ca­sual con­ver­sa­tion en­sued and Anil Am­bani ended up mak­ing a bet with Hi­ranan­dani for a marathon in May. If Ni­ran­jan does not par­tic­i­pate in the marathon, he will have to give Am­bani a spa­cious flat in a build­ing he is de­vel­op­ing in sub­ur­ban Mum­bai. But what if Ni­ran­jan does par­tic­i­pate in the marathon? Well, as per the terms of the bet, Ni­ran­jan will win the right to keep the flat. A mar­ket­ing ex­ec­u­tive of a drug firm re­cently sent across two dozen freshly picked ripe alphonso man­goes to a doc­tor. The ex­ec­u­tive lost no time in do­ing so af­ter the De­part­ment of Phar­ma­ceu­ti­cals de­ferred its plans to in­tro­duce a manda­tory code of mar­ket­ing ethics. All in good taste, of course, since the de­fer­ral gave com­pa­nies more time to com­ply with just the vol­un­tary eth­i­cal guide­lines. Now, who can ob­ject to that?

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