Corporate

RNRL renews attack

Anil Ambani-controlled RNRL told the Supreme Court today that Mukesh Ambani’s RIL had put it in a disadvantageous position in terms of price, quantity and tenure in their Gas Supply Master Agreement (GSMA). Resuming arguments on the Krishna-Godavari basin gas supply dispute, RNRL counsel Mukul Rohtagi contrasted the terms of the memorandum of understanding (MoU) in the Ambani family and the GSMA, which was “thrust” upon RNRL without any discussion or approval. On all counts, RIL had given a bad deal to RNRL, he said.


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'Focus on few stocks'
Vishal Chhabria / Mumbai December 28, 2009, 0:01 IST
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