NTPC, Reliance to settle out of court
16th Nov 2006, 09:10 GMT
The power ministry has finally proposed an out-of-court settlement between state-owned power utility NTPC and Reliance Industries Ltd over gas supplies from RIL's Krishna-Godavari basin fields.
Latest news from The Financial Express:
- Zee bags Ten Sports in Rs 256-crore deal
- Maran assures Tata of level field
- Kidnapping shocks IT industry
- No market economy status for China now
- Air fares set to rise 3%-5% tomorrow
- Templeton buys Rajan Raheja out of joint venture
- Orascom likely to pare stake in Hutch Telecom
- Dr Reddys to raise Rs 1,200 cr via ADS
- DLF settles dispute with minority investors
- Bank loans to risky sectors rise 19%