Anil Ambani’s RNRL on Tuesday sought to trash government approval to a formula allowing Mukesh Ambani owned RIL to inflate unit sale price of gas by alleging that it was akin to daylight robbery, which it claimed could be proved by cross-examination of petroleum minister Murli Deora.

Anil Ambani was on Tuesday present in the Supreme Court for the on going hearing of the gas row between his group RNRL and his brother's RIL.

Telecommunications provider Reliance Infratel, promoted by Reliance Communications and part of the R-ADA group, will come out with an initial public offer to the tune of 10 percent of its paid-up equity capital, group chairman Anil Ambani said here Tuesday.

Humour has its grim side as radio station Big FM 92.7 would have learnt recently, with actor Sunny Deol crying foul over one of the station's shows, Son Sonny, that he claims "is cheap comedy and in very bad taste".

The Bombay High Court will today hear a petition filed by the Anil Dhirubhai Ambani Group (ADAG) Company Ammolite Holdings challenging the seizure of the luxurious yacht ”Tian”, which was chartered by the Reliance Transport and Travels Ltd, another ADAG company.