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Saturday, May 8, 2010

Reliance and the real price ........

The SC has got the verdict in favour of RIL...
It states the RIL has no right to fix the price for the natural gas as it is the natural resource of our country and it has also stated that the MoU between the brothers cannot be taken into account...
It looks like the RIL has the edge from this decision as the prices now has to be fixed by government...And the stock markets also reacted similarly as the big brother's company gained and the smaller one's company succumbed...
So what next ? Will the feud between the brothers end here? Or is it just the beginning?

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