23 May 2011

Ambani’s gambit this time?


Mukesh Ambani is a grand master in strategy. So when something happens at flagship Reliance Industries Ltd (RIL), it’s time to sit up and take notice. It is also a good time to ask: what’s his gambit this time?

In recent weeks, RIL has done its best to confuse everyone about what is really going on at its Krishna-Godavari (KG-D6) offshore gasfield. Is it a gusher, or it is about to go phut for a while, with output declining in the short-term, due to “technical problems”? Read Full story Ambani’s gambit this time?

* Source from Moneycontrol

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