The demonetisation and Mistry’s exit from Tata have taken the sheen out of all other recent news, one of which is the slapping of fine of nearly Rs 10,000 crore by the government on RIL and its partners. The fine relates to migration of gas from ONGC fields to RIL fields in K-G basin leading to … Continue reading Understanding RIL-ONGC Gas Migration Dispute.
For second consecutive week, economy witnesses more activity on policy, regulations and macro economic front rather than corporate action. Inflation and IIP (Index of Industrial Production) data is released showing their continued roller-coaster ride. After falling for three months, retail inflation again rises in April. On the other hand, IIP growth rate comes down to barely … Continue reading Weekly Round Up – Week 19