Mukesh Ambani blinks, drops gas price challenge against govt
 

http://img-s-msn-com.akamaized.net/t...6&q=60&o=f&l=fBillionaire Mukesh Ambani-led Reliance Industries and its British partner BP plc have withdrawn a legal challenge they had mounted three years back against the government over delay in gas price revision. The withdrawal of the arbitration will **w entitle the two companies to marketing and pricing freedom on the natural gas.

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