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Saturday, July 4, 2009

RIL - RNRL

A day after RNRL (Anil Ambani) petitioned the Supreme Court seeking modification in the Bombay High Court order, RIL(Mukesh Ambani) moved the apex court challenging the same judgement that asked it to supply 28 MMSCMD gas to RNRL at USD 2.34 per mmbtu. It alleged that the high court erred in deciding the three terms as to quantity, tenure and price of gas supply to power plants of RNRL affiliate.






The High Court on June 15 had asked RIL to honour a 2005 family agreement to supply 28 million cubic meters per day of gas from its Krishna-Godavari basin fields to RNRL at USD 2.34 per mmBtu for 17 years from the date of setting up of the Dadri power plant.


Friday, June 26, 2009

Nilekani resigns

Infosys Technologies co-chairman Nandan Nilekani resigns to head Indian government's ambitious over Rs 100 core Unique Identification project, reports CNBC TV18. The unique ID card scheme is expected to be in place in a year, says Montek Singh Ahluwalia of the Planning Commission. (The UID Authority of India will be under the aegis of the Planning Commission). As chairman of the body, Nilekani will have Cabinet minister rank and status, he adds. The PM's request to head this unique body is the reason why Nandan has stepped down from the Infosys Board as it is a project of national importance, says S Gopalakrishnan, MD & CEO of Infosys.

Tuesday, June 2, 2009

Our 100 posts

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Thanks for your support. We have crossed posting 100 posts.

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