Centre will seek to challenge the FIR filed by the Delhi Police against Moily and others by citing procedural lapses by the Anti-Corruption Branch.
ONGC says RIL is not cooperating in its efforts to prevent it from drawing gas from ONGC’s undeveloped fields that's extended into KG-D6 block.
Sarraf, who is the managing director of ONGC’s foreign arm, ONGC Videsh, is expected to take the charge from Mar 1, officials said.
Oil ministry says BP and Niko Resources have not offered bank guarantees against an approval to charge the new rates.
The govt has prepared a detailed defence of its decision to raise gas prices and has ruled out termination of RIL’s contract for the KG-D6 block.
The price is widely estimated to double to about $8.4 per unit from the current rate of $4.2 per unit.
They are also in no hurry to announce the exact price arrived at on the basis of the fresh notified formula.
Delhi govt's FIR against Mukesh Ambani alleges that Mani Shankar Aiyar & Jaipal Reddy dropped to help RIL
The FIR alleges that Mani Shankar Aiyar and Jaipal Reddy were shunted out of the oil ministry to help Reliance Industries.
Delhi government will pursue the anti-corruption case against Mukesh Ambani, Veerappa Moily and others, despite the exit of Arvind Kejriwal who ordered the FIR.
Akash is involved in finalising the go-to-market strategy of the ambitious 4G telecom venture, said two persons aware of the development.
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