Gas price hike seems to be a distant dream for Reliance Industries and its partners--Niko Resources and BP.
The govt auditor also indicts DGH and management committee of D1 and D3 fields
If the EC decides to put on hold a gas price revision for RIL, it would set a precedent for pricing decisions of the government and policy decisions taken but undergoing procedural delays.
Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
Dharmendra Pradhan lays bare the next course of action for his ministry and says RIL will have to pay the same price at which it produced the volumes.