Reliance Industries has said that
it had in December 2005 signed a contract to sell natural gas
to NTPC at USD 2.34 per mmBtu price for 17 years, but it was
the state-run firm that did not reciprocate.
Dismissing the advertisement campaign unleashed by Anil Ambani group against Mukesh Ambani-led RIL and Petroleum Ministry, Law minister Veerappa Moily on Wednesday said the government was "not interested" in such a move.
Steven Spielberg`s DreamWorks Studios and Indian conglomerate Reliance ADA Group closed a financing deal on Monday, putting the final touch on a three-year, USD 825 million pact for up to six films a year.
The Oil Ministry has informed Prime
Minister Manmohan Singh it was not favouring Mukesh Ambani in
his ongoing tussle with younger brother Anil and it had moved
Supreme Court only to protect its rights on natural gas.
India`s supreme audit institution CAG Saturday said it is in the process of auditing government`s gas contract with Mukesh Ambani-led RIL, but has not been able to access the books of the contractor for about two years.
Questioning clearance by junior Oil Ministry officials to the near four-fold hike in costs to Rs 45,000 crore for gas fields by Mukesh Ambani-led RIL, Anil Ambani on Thursday demanded a probe into the "huge scandal."
The Ambani brothers` gas dispute
today reverberated in Parliament, even as Anil Ambani pushed
for final hearing of the case in Supreme Court on September
one, a move that is likely to find support with the