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xviii+570p., Illustrations; 23cm.
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Hardcover
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English language
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FEEL Books
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29.07.2014
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ISBN 10: 8192855120
Gas wars: Crony Capitalism and the Ambanis
The work focuses on the political controversy relating to mining, marketing and monetising of gas resources embedded in the ocean bed of the Bay of Bengal. It deals with the controversy, involving the Comptroller and Auditor General of India, the ministry of petroleum and natural gas and the prime minister’s office, to study the dimensions to the dispute on gas pricing. It points out that in this context, the battle between the Ambani brothers, Mukesh and Anil, was largely about wresting control over reserves of natural gas in that region. It shows how the Ambainis were able to exploit loopholes that were consciously retained in the system, especially the policies and procedures that helped increase the fortunes of a few. It thus probes the nexus between big business and politics in the country.