News digest: RIL-ONGC dispute, Railways' largest recruitment, and more

From tribunal ruling in favour of RIL in its dispute with ONGC to Railways and TCS joining hands to conduct the largest recruitment drive, BS brings you top stories to keep up with the latest news

RIL wins arbitration case against govt's claim of illegal gas production

In a major blow to the government in the gas migration dispute between Reliance Industries (RIL) and state-owned ONGC, an international arbitration tribunal on Tuesday ruled in favour of a consortium led by the Mukesh Ambani-led conglomerate.

The tribunal rejected the government’s claim of illegal gas production by the consortium from the neighbouring block of ONGC in the Krishna-Godavari (KG) basin. In addition, it awarded costs of $8.3 million (Rs 564.40 million), to be paid by the government to the consortium. Read on...

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