India to appeal arbitration award in favour of Reliance Industries and Shell
The Government of India has decided to appeal against the English Commercial Court arbitration award in favour of Reliance Industries NSE -0.92 % (RIL NSE -0.92 %) and Shell (earlier BG Exploration and Production India Ltd) in a cost recovery dispute over the Panna-Mukta and Tapti oil and gas fields in the western offshore.
