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RIL row: 'Govt took decisions without fear or favour'

The government on Thursday strongly rebutted allegations of it showing favouritism towards Reliance Industries, saying decisions were taken objectively without fear or favour and that it had way......

Reliance permanently shuts down its only oil field in KG-D6 block

Post-cessation, activities related to the safe shutdown of the field are underway. Reliance Industries on Friday said it has permanently shut down its only oil field in the flagging KG-D6 block......

Reliance, BP drop gas price arbitration against govt

Billionaire Mukesh Ambani-led Reliance Industries and its British partner BP plc have withdrawn a legal challenge they had mounted three years back against the government over delay in gas price......

K-G Basin row has all the makings of a vodafone-like tussle

RIL has denied knowingly producing any gas from the ONGC block.   There has been much comment over the $1.55 billion demand made by the petroleum ministry on Reliance Industries and its......

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......

Reliance must pay penalty to govt: Shah panel

The committee said whatever benefit RIL received in terms of the migrated gas is liable to be returned to the government. The A P Shah committee on Wednesday asked the government to claim......

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