Reliance Natural Resources, led by Anil Dhirubhai Ambani Group is considering beginning its shipping project by purchasing about 6 ships in the subsequent 3 to 4 months.

The Anil Dhirubhai Ambani Group (ADAG) is expected to seek help from the Supreme Court for justice against the late provisional order passed by the Bombay High Court enabling Reliance Industries to sell gas from its fields in the Krishna Godavari basin to third parties.

The current court case between Reliance Industries (RIL) and Reliance Natural Resources (RNRL) is hinging on pricing of the gas produced from the Krishna-Godavari (KG) basin.

The Enforcement Directorate (ED) announced to commence inspection of supposed FEMA violation and anti-money laundering activities by ADAG companies RNRL and REL has left many surprised eyes as the matter is in subjudice and has several India connections.