Adani Gas

French energy giant Total to buy 37% stake in Adani Gas; shares jump 18% after announcement of acquisition

Total will buy up to 25.2 percent in Adani Gas from public shareholders at Rs 149.63 per share, representing an 8.7% premium to the stock’s last close

IOC, Adani Gas to invest Rs 9,600 cr in infrastructure for retailing CNG, piped natural gas in 10 cities

Indian Oil Corp (IOC) and its partner Adani Gas Ltd will invest about Rs 9,600 crore in rolling out infrastructure for retailing CNG to automobiles and piped natural gas to household kitchens in 10 cities for which they recently won licences for, the state-owned firm said on Monday

Govt to end gas distributors' monopoly in 34 cities; to allow consumers to choose new supplier

The Indian government will introduce rules in six months that could lead to the phase-out of monopolies controlled by natural gas distribution companies in 34 cities, including New Delhi and Mumbai, allowing consumers to choose a new supplier, a senior regulatory official said

Jaypee Infratech homebuyers protest in Delhi, urge govt to direct IDBI Bank to vote in favour of NBCC's bid

The homebuyers have appealed to the government to direct IDBI Bank and NBCC to resolve their differences on the resolution plan

Adani Group wins projects across coal, gas, highways in competitive bidding; firm looks to diversify portfolio

In February, Adani Enterprises bid highest pre-passenger fee to the Airport Authority of India over the next 50 years to bag rights for half a dozen airports in the country.

Oil regulator rejects Adani Gas' application for CNG retailing in Jaipur, Udaipur; says not in compliance with regulations

On Adani Gas' claim of having made substantial investment in the two cities, PNGRB said "no documentary evidence has been presented by Adani Gas to show the mammoth expenditure it has supposedly incurred on the project."

Prime minister Narendra Modi to launch 10th city gas licensing round on 22 November

Narendra Modi will also lay foundation stones marking the beginning of work for city gas networks in at least 62 cities, licences for which were given out in the previous bidding round that concluded a couple of months back

Adani, IOC, BPCL, Torrent big winners of city gas licences; oil regulator PNGRB declares final list

PNGRB said the ninth CGD bidding round was launched on 12 April for development of city gas networks for the 86 geographical areas (GAs) which includes 174 districts (156 complete and 18 part), spread over 22 states and Union Territories (UTs) in India.

Competition Commission slaps over Rs 25 cr penalty on Adani Gas

The Competition Commission of India's (CCI) ruling has come on a case related to supply and distribution of natural gas by Adani Gas Ltd in Faridabad.<br />

Tribunal stays CCI's order telling Adani Gas to pay Rs 25 crore penalty

The CCI had slapped a fine of Rs 25.67 crore on Adani Gas for violating competition norms by abusing its dominant market position.