The Adani GrOup, led by the
world's third richest man Gautam Adani, has
entered into a no-poaching agreement with
Mukesh Ambani-led Reliance Industries, such
that both groups will be restricted from hiring
talent from each other.
The agreement has come into effect from
May this year and will be applicable to all their
businesses. Queries sent by Business Insider
to both groups remained unanswered.
What makes this pact interesting is that it is
between two of India's largest conglomerates
and of late both have entered sectors where
the other has a big play.
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