Reliance Industries Ltd., India’s most valuable company, issued a notice to suspend gas supplies to Reliance Infrastructure Ltd for defaulting on payments. The notice, issued on Sept. 22, is for gas supplies from the KG-D6 field off the nation’s..

After a series of flip-flops, NTPC is likely to finally sign an agreement with Reliance Industries this week to buy government alloted natural gas at officially approved price of USD 4.20 per mmBtu.

However, the state-run power utility may...

Reliance Industries has said that it had in December 2005 signed a contract to sell natural gas to NTPC at USD 2.34 per mmBtu price for 17 years, but it was the state-run firm that did not reciprocate.

Mukesh Ambani-led RIL said it had on...

According to NELP production sharing contracts, while allowing the freedom to market natural gas, it also recognizes the government’s role in directing usage. In this role, the government formulated a Gas Utilization Policy where it envisaged...

I was shocked to read an advertisement in the mint released by Anil Ambani soliciting public opinion in its favor in the infamous gas case. As if public is competent to comment and has any interest. In any case the outcome can always be challenged as.

The financial irregularities in Satyam Computer Services Limited, due to which investor’s confidence has been badly shaken, will pale into insignificance in contrast to the scale of irregularities perpetuated in Reliance Industries Limited (RIL),...