RIL falls; gas price hike seen lower than expected

Reliance Industries falls as much as 2.8 percent

Update: 2014-10-20 10:56 GMT
Reliance-backed GenNext Ventures and Ecorithm's partnership was announced on the sidelines of the inaugural India-US Strategic and Commercial Dialogue

Mumbai: Reliance Industries falls as much as 2.8 percent. India's gas price hike is seen lower than expected, traders say.

The firm will not get the benefit of the price rise for gas produced from its D1 and D3 gas fields.

RIL is locked in arbitrations with the government over its D6 block.

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