Arvind Kejriwal `surprised` at Central govt`s decision to impose penalty on Reliance

Surprised to find that the Central government had slapped an additional penalty of USD 579 million on Reliance Industries for producing less than targeted natural gas from its KG-D6 block, Aam Aadmi Party convenor Arvind Kejriwal on Monday raised doubts on what made Modi government take such a step.

Reliance, BP promise $8-10 bn for more work on D6 gas block in India

It was not immediately clear if this was an additional investment or already in budget plans for the block, where production has been in steady decline since 2010.

Dudley, Ambani meet Moily

Ambani was not present when Dudley met Chidambaram.

Dudley, Ambani seek meeting with PM on gas issue

Dudley's third visit to India this year comes at a time when Oil Ministry, at the insistence of Finance Ministry, is seeking to deny his company and its partner RIL a new gas price for producing less natural gas than projected.