Anil offers olive branch, but Mukesh sceptical
Anil Ambani sprang a surprise in India’s biggest corporate battle on Sunday by sending out a letter to estranged brother Mukesh Ambani suggesting a rapproachment just a week before the Supreme Court heard the two companies.
However, RIL, while welcoming the statement, urged Anil Ambani to put his sentiments into action. “(we hope) it is a positive change in the negative and malafide campaign launched by R-ADAG… RIL sincerely hopes that any overture for rapproachment to end acrimony is sincere and in no way related to the ongoing hearing of the case in the honorable Supreme Court,” a statement issued by RIL said.
Anil Ambani’s Reliance Natural Resources Ltd is locked in a legal battle with RIL over the price and terms of supply for natural gas from the offshore K-G D6 fields. In his suo moto
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However, RIL, while welcoming the statement, urged Anil Ambani to put his sentiments into action. “(we hope) it is a positive change in the negative and malafide campaign launched by R-ADAG… RIL sincerely hopes that any overture for rapproachment to end acrimony is sincere and in no way related to the ongoing hearing of the case in the honorable Supreme Court,” a statement issued by RIL said.
Anil Ambani’s Reliance Natural Resources Ltd is locked in a legal battle with RIL over the price and terms of supply for natural gas from the offshore K-G D6 fields. In his suo moto
To read the full article, click here...
To read the ePaper, visit: http://epaper.financialexpress.com
posted by PressMart Team at
10:33 AM
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