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CAG

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Reliance Industries disappointed at CAG’s dismissal of audit report response

Reliance Industries Limited (RIL), India’s largest private sector enterprise, has been let down by Comptroller and Audit General (CAG) body for not considering the response it submitted to CAG’s audit draft report on RIL’s KG-D6 gas fields. RIL Senior Vice President (Commercial) Mr. B Ganguly noted that the letter sent on behalf of Reliance Industries [...]

Reliance KG Basin audit to take 5 months: CAG

India’s top auditor CAG has said that audit of the D-6 oil block in the Krishna-Godavari basin operated by Reliance Industries is likely to take 4-5 months more to be finished.
“We require 4-5 months to complete the audit… The process would take time, as this is the first time that we are looking at a [...]

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