Wednesday, April 16, 2014

Reliance sends defamation notice to journalist turned author Paranjoy Guha Thakurta and others

The two brothers had fought over many issues, but what sometimes got lost in the din of the battle cries was a simple fact: much of the tussle was over India’s natural resources, about how the resources were intended to be mined, marketed and monetised. Paranjoy Guha Thakurta shows how the simmering controversy over the rich natural gas reserves in the Krishna-Godavari Basin boiled over into a primetime storm on gas pricing involving the office of the Comptroller and Auditor General of India, the Ministry of Petroleum and Natural Gas as well as the Prime Minister′s Office, even as he introduces new dimensions to it. While many reasons have been attributed to the split in the powerful Indian business family, the Ambanis, this book argues that the battle between the Ambani brothers was largely about wresting control over reserves of natural gas that are below the ocean bed along the basin of the two greatest rivers of southern India. With painstaking research, a meticulous perusal of press reports, as well as a few surprising exclusives, Gas Wars highlights cases of crony capitalism that allowed the Reliance group to blatantly exploit loopholes which were consciously retained in the system to benefit it. Even as the book tells the story of how the country’s largest corporate conglomerate has benefited from the way government policies are structured, it lays bare the alarming facts of a natural disaster waiting to happen due to the ruthless exploitation of the country′s natural resources in order to swell the fortunes of a few.
Reliance Industries Limited have sent a legal notice to journalist turned author Paranjoy Guha Thakurta, his co-authors and distributors for claims made in their book 'Gas Wars: Crony Capitalism and the Ambanis'

Describing the self-published book as a "pamphlet," the defamation notice details RIL's objections and demands that the book be withdrawn, its online sales stopped and a public apology tendered. Among those served notice are the popular online book sellers Flipkart and Amazon.

The statement from the authors of Gas Wars regarding the legal notice served by RIL and Mukesh Ambani earlier today.

1. The book ‘GAS WARS’ has been "more than fair" to Reliance Industries Limited (RIL) and Shri Mukesh D Ambani by quoting and providing their version of events, circumstances and controversies in "great length and depth", including detailed interviews with senior RIL personnel like B.K. Ganguly.

2. The authors are exercising their fundamental right to free expression enshrined in Article 19(1)(a) of the Constitution of India.

3. The legal notice sent to the authors by RIL and Shri Mukesh D Ambani is like an act of intimidation and harassment. The notice is being reviewed by our legal experts and an appropriate response is being provided as per the legal process.


About the Book: The two brothers had fought over many issues, but what sometimes got lost in the din of the battle cries was a simple fact: much of the tussle was over India’s natural resources, about how the resources were intended to be mined, marketed and monetised.
Paranjoy Guha Thakurta shows how the simmering controversy over the rich natural gas reserves in the Krishna-Godavari Basin boiled over into a primetime storm on gas pricing involving the office of the Comptroller and Auditor General of India, the Ministry of Petroleum and Natural Gas as well as the Prime Minister′s Office, even as he introduces new dimensions to it. While many reasons have been attributed to the split in the powerful Indian business family, the Ambanis, this book argues that the battle between the Ambani brothers was largely about wresting control over reserves of natural gas that are below the ocean bed along the basin of the two greatest rivers of southern India.
With painstaking research, a meticulous perusal of press reports, as well as a few surprising exclusives, Gas Wars highlights cases of crony capitalism that allowed the Reliance group to blatantly exploit loopholes which were consciously retained in the system to benefit it. Even as the book tells the story of how the country’s largest corporate conglomerate has benefited from the way government policies are structured, it lays bare the alarming facts of a natural disaster waiting to happen due to the ruthless exploitation of the country′s natural resources in order to swell the fortunes of a few.
List of Authors: Paranjoy Guha Thakurta,Subir Ghosh,Jyotirmoy Chaudhuri

Former CAG of India Shri Vinod Rai's comment on the book:
'The book is outstanding on all counts: facts, research, racy reading never permitting a dull moment, yet not straying from the well-researched content. Conveys complex issues in simple language. The prologue as the curtain raiser makes the reader involved and interested. The book will serve as a good backgrounder and a ready reckoner to auditors. The depth of knowledge and detail is commendable. The issue of crony capitalism which has gripped the country so comprehensively: this subject has been clinically analyzed in chapters 10 and 14 very effectively. All in all, a must read. Strong on content, narration and objectivity. A commendable effort. I compliment the lead writer and both the supporting authors.'

Other Details about the book


BOOK DETAILS
Publisher
Authorsupfront
Publication Year
2014
ISBN-13
9788192855127
ISBN-10
8192855120
Language
English
Binding
Hardcover
Number of Pages
588 Pages