GAIL plans to spend $2 Billion on Acquisitions

    By Rakteem Katakey     GAIL India Ltd, the nation’s biggest natural gas distributor, may spend as much as $2 billion (Rs 8,940 crore) on acquisitions, including shale gas assets in the US and Australia, to meet fuel demand in India.     The appetite is as high as $2 billion, chairman B.C. Tripathi said by...