-The Indian Express Sharp differences have emerged between the Comptroller and Auditor General (CAG) and Reliance Industries Ltd (RIL) over the scope of an audit into the production sharing contract between the company and the government for RIL’s off-shore gas fields. RIL had set two conditions: the audit should maintain the confidentiality arrangement between it and the government; and the scope of the audit should be restricted to accounting procedures of the...
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He was removed after pressure from Reliance, says Medha Patkar-Mahim Pratap Singh
-The Hindu Social activist Medha Patkar has accused the UPA government of reeling under corporate pressure for its decision to shift Jaipal Reddy from the Petroleum and Natural Gas Ministry. Ms. Patkar alleged the decision was taken to provide undue benefits to the Mukesh Ambani-led Reliance Industries Ltd. “Mr. Reddy has been removed because he questioned the irrational demand by RIL on escalating the prices of natural gas. A few years ago, the...
More »Manmohan set to end reliance on Jaipal for oil and gas -Sujay Mehdudia
-The Hindu Minister has been resisting Mukesh Ambani on gas prices, audit S. Jaipal Reddy — the minister who took on Mukesh Ambani in a regulatory battle on gas prices that saved the exchequer thousands of crores of rupees — is set to be divested of the crucial Petroleum and Natural Gas portfolio, The Hindu has learnt. Mr. Reddy, who took over from Murli Deora in January 2011, resisted and then rolled back...
More »Khurshid denies charges, has spat with reporters
-The Times of India Union law minister Salman Khurshid on Sunday fiercely quarreled with reporters of a TV channel, disputing their claim that his NGO Zakir Hussain Memorial Trust had embezzled public funds meant for the disabled. The minister countered the allegation that his trust made fake claims of having organized camps for distribution of equipment among the differently abled. A spirited Khurshid, with wife Louise by his side, attributed motives to...
More »Arvind Kejriwal and McCarthyism of the uncorrupted-Vivian Fernandes
-CNN-IBN A kind of McCarthyism seems to be operating in the country. Just as the US Senator who gave the term its name saw communists lurking everywhere in the early 1950s, Arvind Kejriwal sees corruption behind every deal. He wants electricity consumers in Delhi not to pay bills, claiming that they are over-stated. He cites the cut in tariff which the former chairman of Delhi's electricity regulatory commission, Berjinder Singh, had recommended....
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