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SC questions RIL on Ambani MoU

New Delhi : India | about 1 month ago  
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The Supreme Court on Wednesday questioned Mukesh Ambani-led Reliance Industries Ltd’s (RIL) decision to delink itself from the Memorandum of Understanding (MoU) signed between the two brothers. “There was a common joint asset,” the bench headed by Chief Justice of India said....
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  • News Source: Zee News | about 1 month ago
    When Parasaran objected to the remarks, Jethmalani said "I will demonstrate that if not the whole government but your ministry, i.e, the Ministry of Petroleum and Natural Gas is in absolute conspiracy with RIL." He charged "both RIL and the Oil...
  • News Source: NewKerala | about 1 month ago
    Balakrishnan, which is hearing the dispute between the two companies. "I'm not saying this about the entire government. But your ministry (for petroleum and natural gas) is in conspiracy with Reliance Industries," Jethmalani said, as the bench, which...
  • News Source: The Hindustan Times | about 1 month ago
    The Supreme Court on Wednesday questioned Mukesh Ambani-led Reliance Industries Ltd’s (RIL) decision to delink itself from the Memorandum of Understanding (MoU) signed between the two brothers. “There was a common joint asset,” the bench headed...
  • News Source: The Economic Times | about 1 month ago
    Tuesday admitted before the Supreme Court that the dispute over gas supply and pricing between the companies was benefiting the Centre. RIL management was not to be trusted as they were crooks and pleaded for formulation of a gas utilisation policy (...
  • News Source: The Hindu | about 1 month ago
    An agreement between the promoters on gas supply will not be binding on Reliance Industries Limited (RIL) unless it is approved by the Board of Directors and the government, senior counsel Harish Salve argued in the Supreme Court on Tuesday. Mr.
  • News Source: Daily News & Analysis | about 1 month ago
    Jethmalani earlier in the day told Reliance Industries' lawyer Harish Salve not to put his "patience to test", suggesting he better conclude the argument fast. But Salve shot back "Please relax, I'll try your patience for another three days."...Salve...
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  • Blog Source: www.keralaroom.com
    Anil Ambani-led Reliance Natural Resources Wednesday told the Supreme Court that the oil ministry was siding with Mukesh Ambani's Reliance Industries to scuttle their pact for natural gas from the Krishna-Godavari basin at $2.34 per ...
  • Blog Source: yuvablog.com
    “There are some parameters to arrive at suitable arrangements for supply of gas. It is not the function of the court,” said Justice Raveendran. RIL Advocate Harish Salve said anything not approved by the board or shareholder is not part ...
  • Blog Source: www.relianceinsider.com
    The two sides have drafted top lawyers to argue the gas supply case, which pits India's biggest private sector company Reliance Industries Ltd, led by Mukesh Ambani, against Reliance Natural Resources Ltd, headed by Anil. A Supreme Court bench led by
  • Blog Source: deadpresident.blogspot.com
    The market extended losses for the third day in a row. From a recent high of 16810.81 on 23 October 2009, the Sensex has lost 527.32 points or 3.13% in three trading sessions. The market breadth was weak. .... Mukesh Ambani-controlled Reliance
  • Blog Source: profit.ndtv.com
    Concerns that interest rates may rise sooner-than-expected weighed on the bourses for the second day in a row after the Reserve Bank of India at a quarterly policy review on Tuesday sharply raised inflation forecast. .... Mukesh Ambani- controlled
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