Tag: Power Distribution
INFRASTRUCTURE Adani Energy Solutions To Acquire 100% IntelliSmart Stake For ₹3,050 Cr

Adani Energy Solutions Ltd. (AESL) has signed a binding securities purchase and subscription agreement to acquire a 100% equity stake in IntelliSmart Infrastructure Pvt. Ltd., along with the redemption of optionally convertible debentures of Intellismart held by NIIF, for an enterprise value of ₹3,050 crore. The acquisition is expected to strengthen AESL’s position in the […]

CW Bureau · Jun 9, 2026
STARTUP/TECHNOLOGY Reliance Infrastructure Incorporates Three AI-Focused Subsidiaries

Reliance Infrastructure Ltd., part of the Anil Ambani-led Reliance Group, has expanded its presence in the artificial intelligence (AI) space by establishing three dedicated subsidiaries focused on AI and allied technology-driven services. As part of its strategy to participate in the rapidly evolving AI and new-age technology sectors, the company has incorporated artificial intelligence and […]

CW Bureau · Jun 8, 2026