Reliance Acquires 26% Stake in Mahan Energen Power Unit in Ambani-Adani Deal
Reliance Industries Limited (RIL) and Adani Power have recently entered into a significant strategic...
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Reliance Industries Limited (RIL) and Adani Power have recently entered into a significant strategic...
Reliance Industries: The two businessmen hailing from Gujarat have often been pitted by media and commentators against each other but they have for years tiptoed around each other to reach the top two rungs of Asia's wealth ladder.
The revised arrangement will help the company benefit from a uniform tenure and reduce effective interest rate, Adani Power said in a regulatory filing.
New Delhi: In the first collaboration between rival billionaires, Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in a Madhya
India plans to roll out 250 million smart meters across the country, and the proposal has also attracted investments from companies including Schneider Electric SE and Electricite de France SA.