Tuesday, June 16, 2009

RIL Vs RNRL or Mukesh Ambani Vs Anil Ambani

The court ruling on RIL-RNRL gas dispute on Monday spelled bad news for the Mukesh Ambani group companies wherein investors lost a whopping Rs 32,574 crore in just a single trading session.


The Mukesh Ambani pack which includes the country’s largest private sector firm Reliance Industries, Reliance Petroleum and infrastructure firm Reliance Industrial Infrastructure (RIIL) lost more than Rs 32,574.67 crore after stocks of all the three companies settled with loss of as much as 7 per cent. Read More

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