CAG report indicts RIL, calls for review of 10 contracts

Dated:September 08,2011



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Advani objected to his party members, Faggan Singh Kulaste and Mahavir Singh Bhagora, being sent to jail in connection with Cash-for-vote-scam.

The CAG did not say if the capital expenditure for KG-D6 being raised from $2.4 bn proposed in '04 to $8.8 bn in 2006 was unjustified, inflated.

Infy Executive Co-Chairman Kris Gopalakrishnan on Thursday said the co has not seen clients reducing their budget plan on IT due to slowdowns in US, Europe.


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Infosys' plan to expand in China was hampered by clients' concerns about China's poor intellectual property protection.

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"Banks must not recover pre-payment charges in floating rate loans," RBI said in a statement on proceedings of Banking Ombudsman Conference.


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