In June 2010, a month after the Ambani brothers terminated a non-compete agreement, Mukesh Ambani sounded the war bugle when he bought over a 95% stake Infotel Broadband. This was a company owned by Anant Nahatta, son of HFCL owner Mahendra Nahatta and Mukesh Ambani bought it for Rs. 4,800 crore, and is today a subsidiary of Reliance Industries.
