Briefly Business: Moily hints of relief to RIL on KG-D6 relinquishment

In a relief to Reliance Industries (RIL),petroleum minister M Veerappa Moily has indicated that he may not fully accept the recommendation

Written by Press Trust Of India | Published: June 17, 2013 1:07 am

Moily hints of relief to RIL on KG-D6 relinquishment

New Delhi: In a relief to Reliance Industries (RIL),petroleum minister M Veerappa Moily has indicated that he may not fully accept the recommendation of the directorate general of hydrocarbons for taking away 86 per cent of the company’s KG-D6 gas block area.

SFIO looks to set up forensic lab soon

New Delhi: To strengthen its capabilities in probing white collar crimes,the Serious Fraud Investigation Office (SFIO) aims to set up a forensic laboratory as early as September this year. The laboratory would help in carrying out forensic audit,which is predominantly used in cases of financial fraud to make a more accurate analysis.

PFC restructures R900 crore Suzlon loans

NEW DELHI: State-run Power Finance Corporation (PFC) has restructured loans to wind turbine maker Suzlon Energy and lent Rs 993 crore to the company

CERC to take up RPower plea by July-end

New Delhi: Electricity regulator CERC will hear Reliance Power’s petition for revision of tariff from its Krishnapatnam project by July end.

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