As the gas dispute between the estranged Ambani brothers intensifies, the rumour mills are working overtime.
So much so that companies had to deny the rumours in a note to the stock exchange.
Even as the arguments in the gas dispute case between RIL and RNRL continued in court, the action was more visible outside it.

A strong buzz in the market about an out-of-court settlement between the Ambani brothers helped the two stocks to surge in the early morning trade.
But the rumours of settlement were too good to be true. RNRL was first off the block when it issued a statement, by a RNRL spokesperson, which said, "Rumours of an imminent out-of-court settlement with RIL on the gas supply dispute are completely baseless.”

RIL soon joined in to spoil the party further by issuing a denial its spokesperson said, “The issue is in view of several factors including promulgation of Government’s Gas Utlization Policy and matter will be decided by the Hon'ble Court."
With firm denials from both sides, the battle was back in the courtroom.
RIL submitted that under the government policy they don’t have any marketing rights, whereas RNRL filed an additional affidavit accusing the government for changing its stand frequently.
They have also alleged that before the case reached the Supreme Court, the oil ministry filed and later withdrew false affidavits in the Bombay High Court.

The Ambani brothers haven’t been seen agreeing on any of the issues pertaining to the gas dispute.
However, now probably one issue where the Ambani brothers seem to be agreeing on is on sending out the clear message that there is no scope for out-of-court settlement.