Profit

RIL bows to pressure; agrees to drill more wells

PUBLISHED ON: June 20, 2011 | Duration: 2 min, 24 sec

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It is very rare to find India's top corporate house yielding under pressure. But with the government regulator playing tough by denying approval to the roughly $1 billion capex for Krishna-Godavari D-6 block for the coming year, RIL seems to have finally fallen in line and agreed to drill more wells.
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