ACB has powers to lodge FIR in gas pricing case, Delhi HC told

The Anti Corruption Branch (ACB) of city government has told the Delhi High Court that it was well within its right to lodge an FIR against Reliance Industries Ltd (RIL) and others, including the then Oil Minister, for alleged irregularities in raising gas prices.

RIL refutes AAP allegations against company, Mukesh Ambani

Refuting AAP allegations, Reliance Industries Ltd on Tuesday said neither the company nor its Chairman Mukesh Ambani holds any illegitimate accounts anywhere in the world.

Reliance says may change exploration strategy

Reliance Industries Ltd may change its exploration strategy, turning its focus to its foreign assets and reduce risk in India by spreading drilling work over a number of blocks, its executive director said on Saturday.

Cairn JV seeks USD 6.75 per mmBtu Ravva gas

A Cairn India-led joint venture has discovered a market price of USD 6.75 per mmBtu for the fuel from a field in the same basin.