so many news coming for and against RIL, does not mean that the asset valuation, strong output and performance and diversification and good management are being the positive factors, for the long term- I feel it good to be part of it, for long term.
Reliance is traditionally a company which has lived off by just manipulating government policies to its advantage. I don`t see this as ethical because somewhere this leads to suspicions of nexus with politicians and bribe money. I would ever touch a reliance stock no matter what potential it holds as long as they cannot bring in foreign revenues for India through innovation.
Performance audit is must because KD basin were leased out by Govt of india and justify whether exploration of the well were done as per stringent norms, if any stipulated at the time of auction papers. A recent case of Rajat Gupta is a glaring example for inside trading. If lot of good works were under your belt you can not say I did a lot for the nation building and philanthropic works . It must see the interest of the share holders. Performance audit is a must to arrive at a right decision.