A CBI team on Friday visited office of oil regulator V K Sibal to check records following charges that he received favours from Mukesh Ambani-led RIL to approve an inflated expenditure for gas field, a charge denied by him.
The BSE benchmark index Sensex on Thursday shot up by almost 192 points in opening trade on a flurry of buying by funds, bolstered by an unexpected announcement of a liberal bonus share issue by Reliance Industries Ltd.
Mukesh Ambani-led RIL on Tuesday told
the Supreme Court that it cannot supply gas to Anil Ambani group firm RNRL in the absence of power plants to consume the fuel and apprehended that the same would be traded.
Anil Ambani group firm RNRL on Tuesday alleged that upstream oil and gas regulator V K Sibal was acting at the behest of Reliance Industries in exchange for undue favours and sought intervention of the Supreme Court.
The Supreme Court on Wednesday refused to
halt the Bombay High Court`s decision that allowed Mukesh
Ambani-led RIL to amend its plea on a gas supply deal with PSU
NTPC at a committed price citing government policy.