Adani Gas is developing City Gas Distribution (CGD) networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential) and Compressed Natural Gas (CNG) to the transport sector.
IGL, MGL margins to improve with gas allocation increase
City gas distributors IGL, MGL, and Adani Total Gas will receive increased domestic gas allocation from Jan 16, 2025, potentially restoring margins by FY26 and reducing required CNG price hikes.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.