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We're a good corp citizen: Mukesh Ambani

Source BUSINESS_STANDARD
Last Updated: Thu, Oct 22, 2009 08:20 hrs

In an obvious dig at the Anil Dhirubhai Ambani group firm RNRL, Mukesh Ambani has said RIL, as a "responsible corporate citizen", has refrained from reacting to the media propaganda on the gas dispute.

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Anil vs Mukesh

"We would like to assure all our stakeholders that our objective is to act in a manner that is fully in consonance with our respect for the law and is protective of the national interests," the industrialist said in his annual letter to RIL shareholders. The company's annual report for 2008-09 quoted Ambani's letter to shareholders, but it did not name who was behind the media campaign.

Reliance declines 'arbitration'

The Anil Dhirubhai Ambani group had in August this year launched a five-part advertising campaign in a number of national dailies, wherein it had alleged a nexus between the petroleum ministry and RIL to undermine the interests of RNRL.

"As a responsible corporate citizen, RIL has chosen to refrain from reacting to the propaganda in the national media with regard to the KG-D6 gas court case," RIL Chairman and Managing Director Mukesh Ambani noted in the letter.



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