Gas wars: Crony Capitalism and the Ambanis, FEEL Books, 8192855120

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Gas wars: Crony Capitalism and the Ambanis

Paranjoy Guha Thakurta (Author) Subir Ghosh (Author) Jyotirmoy Chaudhuri (Author)

Synopsis

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.

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About the authors

Paranjoy Guha Thakurta

Paranjoy Guha Thakurta stated his career in journalism in 1977 and is currently director of the School of Convergence, an educational institution. He has worked with Business India, Business World, The Telegraph, India Today, and The Pioneer; been associated with Television Eighteen India Limited (CNBC); is a freelance contributor to various publicatioins, websites, radio and television channels, has anchored for six years a daily interview and discussion programme on CNBC; and, has directed a documentary on India's experience with television Paranjoy lectures on topics close to his heart - like the working of India's policy, the economy, and media - and teaches and trains aspiring media professionals.

Subir Ghosh

Subir Ghosh holds a Ph.D in Economics from Nagaland University, a master's degree in Economics from Rabindra Bharati University, Kolkata, and a Postgraduate Diploma in Marketing Management from Annamalai University. He also holds Environmental Analyst certification, offered by the Vocational Department, Government of West Bengal. He is currently working as a Faculty Associate at Icfai Business School Research Centre, Kolkata. Prior to joining Icfai, he worked as a Lecturer in a college in Nagaland, India. He has published several research papers in various refereed national and international journals. His areas of interest are rural development, rural management, development economics, environmental economics, gender studies and disaster management etc.

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