Mukesh Ambani controlled Reliance Industries Ltd (RIL) today rejected as “false” and “malicious” a news report on some Telugu TV channels alleging it may have had a hand in the helicopter crash that killed former Andhra Pradesh Chief Minister Y S Rajasekhara Reddy.

“We are shocked and outraged at the false, malicious, motivated and libellous news on TV-5 channel concerning the fatal mishap of Reddy’s helicopter. We condemn, rebut and reject the allegation with the contempt it deserves,” an RIL statement said.

Alleging that it was the “dirty handiwork of our business rivals in cohoots with TV-5,” it said, “This is also evident from the well coordinated attacks on RIL’s personnel and establishments in Andhra Pradesh within minutes of the telecast by TV-5.

Source: http://ril.com/downloads/pdf/PR08012010.pdf

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