Govt to move HC over ruling on $1.55-bn Reliance-ONGC dispute
The Indian government will file an appeal at the High Court after an international tribunal rejected public sector oil company ONGC's $1.55-billion claims against Reliance Industries, Oil Minister Dharmendra Pradhan said. The tribunal had held that Reliance didn't need to seek prior permission from the government to extract natural gas that had migrated from an adjoining ONGC field.