HC admits plea seeking SFIO, CBI probe into RNRL-RPower merger

Justice R S Ramanathan ordered issuing notices to SFIO and CBI and posted the case for hearing on June 25.

RNRL shares plunge 9.47% to one-year low

RNRL Monday continued to slide, falling 9.47 percent to touch a one year-low of Rs 47.75 on the BSE, after the Supreme Court ruled against the company in a gas dispute with Reliance Industries.

Ambani gas row: Chronology

Following is the chronology of events surrounding the dispute over supply and pricing of gas from Reliance Industries` eastern offshore KG-D6 fields to Reliance Natural Resources Ltd (RNRL).

RNRL Q3 net up 3% to Rs 25 cr

RNRL has reported growth of 3.30% in net profit at Rs 25cr for Q3 ended Dec 31, 2009, over the same period last year.

RIL trying to inflate profit by demanding higher price: RNRL

Anil Ambani-led RNRL on Tuesday
accused the Mukesh Ambani group of scuttling its "unqualified"
rights to get gas at USD 2.34 per unit from the KG basin.

`No loss to centre & RIL if gas supplied at USD 2.34`

Anil Ambani-led RNRL today
contended before the Supreme Court that it has an
"unqualified" right to get gas at USD 2.34 per unit for 17
years from RIL which will along with the Government not suffer
any loss at this rate.

HC quashes RNRL’s Dadri land acquisition

Allahabad HC on Thursday quashed the Dadri land acquisition project of Anil Ambani’s RNRL.

Gas row: RNRL opposes govt stand on RIL in SC

RNRL opposes govt stand in SC on the gas row with Mukesh Ambani`s RIL.

Gas row: RNRL seeks cross-examination of Murli Deora

Anil Ambani-led RNRL on Thursday sought cross-examination of Petroleum Minister Murli Deora, accusing the government of siding with the Mukesh Ambani`s group RIL.

`Anil Ambani entitled to be RIL VC if de-merger fails`

Anil Ambani is legally entitled to be reinstated vice chairman of Reliance Industries Ltd (RIL) if its de-merger on the basis of the family pact fails, counsel for RNRL told the Supreme Court on Wednesday.

Ambani Gas row: Family MoU sacrosanct, RNRL tells SC

Anil Ambani led RNRL on Tuesday asserted in the Supreme Court that family MoU of 2005 was a "sacrosanct" document for resolving the gas row with Mukesh Ambani group RIL.

RIL influenced Oil Ministry to hike gas price: RNRL

RNRL told SC that RIL had full marketing freedom for Krishna-Godavari gas and accused it of influencing Oil Ministry officials in getting price hiked for NTPC.

Gas row: RIL counters RNRL`s claim on approval of MoU

Mukesh Ambani group firm RIL
on Friday told the Supreme Court that its directors have filed the
affidavits in the gas row to counter Anil Ambani`s contention
that the family MoU was approved by the RIL Board.

RIL questions RNRL`s demand for gas without power plant

Mukesh Ambani`s RIL
questioned in the Supreme Court the demand of brother Anil
Ambani`s RNRL for the immediate supply of gas from KG basin.

UBS fined 8 mn pounds for misusing RNRL account

Swiss bank UBS has been fined eight million pounds in the UK after four of its senior employees
were found misusing funds of customers, including two
companies of Indian industrialist Anil Ambani-led group.

Gas row: RIL, RNRL oppose shareholder plea in SC

Reliance Industries (RIL) and Reliance Natural Resources (RNRL) on Tuesday joined hands to oppose the plea of a shareholder in both the companies to be made party in their ongoing dispute in the Supreme Court.

SC puts searching questions to RIL on gas dispute

Mukesh Ambani Group firm RIL on Thursday faced some searching questions from the Supreme Court for its demand to raise the gas supply price to Anil Ambani`s RNRL asking how will it serve the public interest.

Anil group`s trust in Mukesh`s RIL goes unrequited?

Anil Ambani group`s mutual fund house trusts Reliance Industries to be of great investment value, but the Mukesh Ambani-led firm appears to have no interest in the largest fund house Reliance Mutual Fund.

RIL, RNRL asks Judge to continue hearing on gas dispute

RIL and Anil
Ambani group firm RNRL on Thursday urged Justice R V Raveendran to
ignore news reports on his presence on the Bench despite
having shares of the two warring companies.

RIL had opposed govt role in gas sale: Counsel to SC

RIL on Thursday told
the SC it had vehemently protested against the
government taking away its freedom to market gas, whereas Anil
Ambani group had sought regulation of fuel sale through a gas
utilisation policy in 2007.