Mukesh Ambani Meets Manmohan Singh

Top industralist Mukesh Ambani met the Prime Minister in order to explain to him the pitfalls of the windfall profit tax that can be imposed upon the oil companies under the pressure from SP leader Amar Singh.


Mr. Ambani also met petroleum minister Murli Deora and Finance Minister P.Chidamabaram.

Ambani is also stated to meet Sonia Gandhi sooner.

Mukesh Ambani can face losses to the tune of thousands of crores if the windfall tax is imposed on the comany. Mr. Amar singh who has demanded this is a close friend of Anil Ambani and this is seen as a tactic by the Anil to counter the efforts made by the senior ambani to derail the Reliance communication - MTN bid.

Watch out this space for more.

will UPA stand the floor test??

July 21 is the D-day for the congress for it being the day the floor test will be held in parliament. With BJP and the Left baying for congress` blood and due to the efforts made by BJP and some other parties to poach MPs from UPA allies it is all set to become an exciting battle on cards.



Congress on the other hand in unperturbed by these developments and efforts are on to collect as many MPs to vote for the UPA on the floor. The congress is pinning all the hopes on the Samajwadi Party. But even the Samajwadi Party has some misunderstanding within it as a few rebel MPs have decided to vote against the party`s wish. Congress has said it is even ready to face elections in the event of failing the floor test.