Heard on the street

According to fund managers, Mr Ambani is bullish on the economy’s prospects and painted a sanguine outlook on his businesses, especially telecom.

Anil talks business with fund managers

Anil Ambani on Thursday held his annual meeting with domestic fund managers in a plush hotel in Mumbai. In the meeting, he is believed to have discussed about the existing business conditions and some broader growth targets of his various businesses.

According to fund managers, Mr Ambani is bullish on the economy���s prospects and painted a sanguine outlook on his businesses, especially telecom. They said no ���tough questions��� were asked by any of the participants in the meeting. Some of the star chief investment officers were conspicuous by their absence.
Contributed by Nishanth Vasudevan
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