Comments on: Ambani rivalry spills over at shareholder meeting Perspectives on South Asian politics Thu, 02 Jun 2016 08:03:22 +0000 hourly 1 By: Nationalist Wed, 12 Aug 2009 18:13:45 +0000 It is true that Gas is a Nation’s property… but most in India would have preferred the government to be supportive of lower gas prices rather than higher prices and the is not in any way adding to its credibility

By: M.V.K. Rao Fri, 07 Aug 2009 07:54:47 +0000 It is not understood why a Govt. should interfere when the contract is to supply at a lower price? Govt. should interfere only when like any other commodity is being supplied at an abnormal price to the consumer . A lower priced raw material is always good to get a cheaper finished goods. It is very clear Govt saves more subsidy at lower price. Then what interest does the Govt. is having ?

By: Shudeep Thu, 06 Aug 2009 15:28:18 +0000 While of ofcourse both brothers by way of their family connections do have access to political backing, I think that Anil is right to make all elements of this dispute public after all at the end of the day, this is about national assets which will affect the Indian consumer.

Imagine, if Mukesh is allowed to renege on this contract, on the backing by minister Murli Deora, he can artificially lower the gas supply hence dictate the price to Indian consumers and make crores of profit.

Now yesterday we read that CPI which only has 4 MPs in the current Lok Sabha, has also demanded Prime Minister Manmohan Singh to clarify on supply of gas and its price from RIL-operated fields and the “abnormal tax concessions” given to the company in the 2009-10 General Budget.

Let the truth be aired in front of the Indian audiences!

By: James Watt Fri, 31 Jul 2009 15:39:21 +0000 RNRL GDR which it had filed the content reveals that rnrl knew that its govt of india which is going to fix the price of gas and they have clearly mentioned in gdr
gas price subject to govt aproval then why this antics
in public and court this guy anil simply wasting his time
and making fun of rnrl sharholder. its india loot evrywhich way you like indian public saab kuch manta hai.

By: vikaskukreja Fri, 31 Jul 2009 12:26:22 +0000 Mukesh does come across as mature bcoz he has all the backing.
according to most media items, it was Mukesh who did not budge an inch from his stand of not giving up even a miniscule share of RIL to his younger brother during the (in)famous, family MoU leaving Anil to restart a group from start-beginning from a new logo for his group.
It wouldnt have been easy for Anil to do this and I feel he is definitely not an emotional fool-not when u run a 40000 cr business house-its just that he is having to create more noise bcoz he has to snatch his legi share from RIL-and we all know the man in the comfort zone always has the upper hand

By: Dhanil Fri, 31 Jul 2009 09:53:09 +0000 i think Anil is Victim of the conspiracy done by Mukesh and his sympthisers in Goverment

By: Ramya Fri, 31 Jul 2009 09:29:12 +0000 Victim or agrressor, Mukesh comes across as more mature, whereas Anil just looks like a whiner — where would you put you money?
Of course he can use an AGM to update shareholders on developments in what is a critical case for the company, but quoting newspaper reports (whose accuracy is already in question) and words like “corporate greed” do not inspire confidence.
These are not the words of a leader. they are the words of an emotional fool. And you know what they say about a fool and his money.

By: A citizen Fri, 31 Jul 2009 09:09:32 +0000 Dear
In each and every country gas or petroleum products are considered as national wealth. It doesn’t matter who found it or is digging it.

Everywhere in world petroleum companies just have to operate on fixed margins decided by government

It appears in INDIA petroleum products on the land of INDIA is party for rich people

May be that is just relfection of age old Indian Government motto of making rich richer and poor poorer though slogans can be anything

The Reliance should be given fix % only and rest should go to government national fund

But sure nobody would do it in corrupt INDIA

By: Raju Fri, 31 Jul 2009 08:46:16 +0000 The performance in was riveting full with slogans, phrases and even tears. No it was not a theatre performance or a Bollywood movie but a routine AGM speech which turned out to be more entertaining than any theatrics.

Anil Ambani, in unlike Ambani style, decided to cry foul and slammed his brother, the Petroleum Ministry, the Government Advocate while trying to justify his case.

By: vikaskukreja Fri, 31 Jul 2009 08:26:42 +0000 Well what is so sacro sanct about a shareholders meeting after all.Its all a “family” affair-people who have invested in a company and thus have a right to know whats going on
Lots of people say Anit seeks symathy,he is a showbiz guy,likes to project himself as the victim etc but I feel there’s nothing wrong in voicing his anger at his estranged brother at his OWN company’s meeting-its not as if he is shouting around in the RIL shareholder’s meet for God’ sake !!
Anyways i think HE is the VICTIM and not the aggressor in this battle