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The Supreme Court's verdict came as a relief to the Congress-led government, which was anxious to absolve itself of the charges of favouritism in the dispute between the Ambani brothers. The court ruling brings to a close a major chapter in India's biggest corporate war till date.The general consensus in the political circles, however, is that the battle ground between the two brothers could now shift to other sectors of the economy where they are competitors and thus continue to put policymakers in a fix.Petroleum minister Murli Deora said the verdict "vindicated" his stand over the issue. "Our stand has been completely vindicated, that the oil and gas is a national resource," Murli Deora said. Deora had to face full fledged advertising campaign against him over alleged partisan behaviour and several attacks in Parliament spearheaded by Samajwadi Party leaders Mulayam Singh Yadav and Amar Singh. Amar Singh, who virulently attacked him in the Rajya Sabha, was however conspicuous by his silence today, a pointer to how things stand for the junior Ambani politically. "I am a social activist, and a politician, I have nothing to say on this," he said when asked for a comment. He had earlier written several letters to the Prime Minister arguing Anil Ambani's case. The Supreme Court's verdict has however allowed the government to re-occupy the moral high ground on the matter. "That (NTPC-RIL case) is something which we will have to deal with when the time comes. Although the facts of the cases differ, the issue has to do with pricing," said a senior minister.The feud between the two brothers has exercised the political class as much as the corporate one, with one senior minister in the government having had to step in to get both the brothers to talk. "Both of you are too big for this fight not to have an effect on the markets," the minister had reportedly told both the brothers. Anil Ambani has been perceived as being close to the Samajwadi Party and the party is sympathetic to it.This is not the only issue over which Anil Ambani and his RNRL appear vulnerable. According to a senior government minister, "In six weeks, not only does he have to negotiate a gas price from a weak negotiating position, he also has to politically deal with Uttar Pradesh chief minister Mayawati, not exactly a buddy to his Samajwadi Party friends in order to make his Dadri power station operational." Even as all the concerned parties sift through the various layers of this verdict, a senior BJP leader and office bearer in the party tried to hunt for a silver lining as far as the politican-corporate relationship was concerned. "There was so much glare on which politician was batting for which brother, that now hopefully, things will cool down," he said. Most, however, agree this is the end of just a battle, not the war.
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