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Tuesday, November 3, 2009

Reliance Natural jumps

Shares in Reliance Industries, India's most valuable listed firm, fell more than 4 percent on Tuesday while shares in Reliance Natural Resources rose more than 14 percent.A dispute between the two firms over the terms of a deal for Reliance Industries, controlled by Mukesh Ambani, to sell gas to Reliance Natural, run by Ambani's estranged younger brother Anil, is before the Supreme Court. The hearing of the case resumes on Wednesday after a break since last week.

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