HC dismisses govt appeal accusing Reliance of 'fraud'

The Delhi high court has rejected a government challenge to an arbitration panel award that had ruled in favour of Reliance Industries Ltd in a dispute over gas migration from fields operated by......

RIL, partners face $1 bn penalty for using ONGC's gas

The Mukesh Ambani-led Reliance Industries Ltd and its foreign partners, BP Plc and Niko Resources, may have to pay a penalty of more than $1 billion for commercially using the migrated gas from the......

Gas price mess: Decision to punish RIL has again been put off

'We want to create more convenience to consumers. Good practices by all stakehoders are necessary. They have to create a good business model so that consumer will be at convenience.' Immediately......

The real reason behind RIL-ONGC dispute

Dispute resolution provisions in the production sharing contract remained unimplemented, while the regulator faltered, points out Jyoti Mukul. While the Ajith Prakash Shah Committee report on......