Ambani vs Adani:

Anil Ambani's company Reliance Infrastructure Limited laid a claim of Rs 13,400 crore on Adani.

Reliance Infrastructure Limited said that it has filed a complaint against Adani Transmission, an Adani Group company.

Reliance has filed a claim in connection with the deal to sell its Mumbai electricity distribution business to Adani.

Reliance Infrastructure has filed an arbitration claim for a settlement of Rs 134 billion ($1.7 billion).

According to a stock exchange filing, Reliance cited a breach in the terms of the agreement on Adani Transmission Limited.

There is no response from the Adani group on this whole matter yet. Investors are waiting for Adani Group's statement.

Anil Ambani's company sold its energy business in the city to Adani Transmission to pay off its debt.

Let us tell you that in 2017, the Adani Group acquired the Mumbai power business in a deal worth Rs 18,800 crore.

The Mumbai International Arbitration Center has been established for joint initiatives between the business and legal communities.