Russia said Wednesday it would resume gas price talks with Ukraine if Kiev pays off part of its mounting gas debt, in an apparent move to soften its tone on gas dispute with the Eastern European country.
The Supreme Court on Tuesday raised the question of exploring the possibility of negotiations or arbitration between the companies owned by Ambani brothers for arriving at a suitable arrangement for supply of gas.
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.
Two of the top corporate houses — headed by estranged industrialist brothers Mukesh and Anil Ambani — are set for a showdown in the Supreme Court, which will commence hearing on their gas supply dispute on Tuesday.
Two of the top corporate houses — headed by estranged industrialist brothers Mukesh and Anil Ambani — are set for a showdown in the Supreme Court, which will on Tuesday commence hearing on their gas supply dispute.
Reliance Industries chief Mukesh Ambani has made a guarded response to his younger brother Anil Ambani`s peace offer, saying the conduct of his group makes it difficult to believe if he had a real change of heart.
Alleging that Mukesh Ambani-led
RIL was trying to wriggle out of gas supply contracts with NTPC and itself, Anil Ambani group firm RNRL on Wednesday asked the SC to make the power PSU a party to its ongoing case against RIL.