Adani to buy Reliance Energy for Rs. 18,800 cr.

Adani to buy Reliance Energy for Rs. 18,800 cr.

Anil Ambani led Reliance Infrastructure Ltd (Reliance Infra) will complete the sale of its integrated Mumbai power business (Reliance Energy) to Adani Transmission Ltd (ATL) for Rs. 18,800 crore by next we

Adani, GAIL among 400 bidders for city gas licenses

Adani, GAIL among 400 bidders for city gas licenses

Billionaire Gautam Adani’s gas retailing unit is among firms that submitted 400 bids for the 86 areas the Indian government offered in its latest auction for city-gas licenses. Adani Gas Ltd bid for 32 licenses, chief executive officer Rajeev Sharma said on Wednesday, while its joint venture with Indian Oil Corp. (IOC) bid for 20.

Billionaire Adani Among 400 Bidders for India City-Gas Licenses

Billionaire Adani Among 400 Bidders for India City-Gas Licenses

Billionaire Gautam Adani’s gas retailing unit is among firms that submitted 400 bids for the 86 areas the Indian government offered in its latest auction for city-gas licenses. Adani Gas Ltd. bid for 32 licenses, Chief Executive Officer Rajeev Sharma said Wednesday, while its joint venture with Indian Oil Corp. bid for 20.

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