Saturday, October 1, 2011

The devil that is engulfing India

The Delhi High Court fixed October 14 to hear a petition seeking cancellation of license granted to Mukesh Ambani-led RIL for exploration of gas in the Krishna-Godavari Basin on the ground that the JV betwen RIL and Canada-based NIKO cheated the government by inflating the expenditure in connivance with a top official. The petitioner also alleged late Andhra Pradesh Chief Minister Y S Rajasekhara Reddy had opposed the multi-fold increase just before he was killed in a helicopter crash.

http://www.indianexpress.com/news/scribe-moves-hc-seeking-cancellation-of-rils-licence-for-kg/854034/0