Page 11 - Gail India

Indian refiners deepen cuts to Saudi oil purchases, to buy 36% less in May

Energy relations between India, the world's third biggest oil importer and consumer, and Saudi Arabia have soured as global oil prices spiked

No plan to split Gail, says Union Oil Minister Dharmendra Pradhan

The government is not considering any proposal to bifurcate state-owned gas utility GAIL (India) Ltd, Pradhan said

NSE becomes co-promoter in IGX, buys 26% stake in gas trading hub

The exchange has with over 500 registered clients and 15 members

NSE tech glitch: Sensex ends 1030 pts up in extended trade, Nifty at 14,982

Sectorally, the Nifty Bank and Private Bank indices closed 4 per cent higher

Tata Consumer up 4%, hits new high on inclusion in Nifty50 from March 31

In past one month, the stock of Tata Consumer and Gail has outperformed the market by gaining 11 per cent, against 2.3 per cent risen in the Nifty50 index.

Stocks to watch: Tata Consumer, GAIL, NTPC, SBI Card, Sanofi India, REC

SBI Cards and Payment Services had raised Rs 550 crore by issuing bonds on a private placement basis

Tata Consumer to replace Gail India in Nifty 50 effective March 31

Move is expected to result in passive inflows of $89 million (Rs 650 cr) in Tata Consumer. Gail could see outflows of $57 million (Rs 410 cr)

GAIL buyback offer to open for 6,97,56,641 fully paid-up equity on Feb 25

The funds for the buyback will be met out of internally-generated cash resources of the company, it added

GAIL India Q3 consolidated net falls 6.5% to Rs 1,897 cr on tepid gas biz

Lower profit due to decline in natural gas marketing business

State-owned GAIL acquires IEX's 5% stake in Indian Gas Exchange

The Indian Energy Exchange (IEX) on Tuesday said GAIL (India) Ltd has acquired five per cent stake of the IEX in its arm Indian Gas Exchange (IGX)

GAIL acquires 5% stake in IGX to become third strategic investor

Buys stake from Indian Energy Exchange (IEX)

Gas distribution giant GAIL announces Rs 1,046.35 cr share buyback

GAIL looks to return surplus cash to shareholders, the biggest being the government of India

Gail dips 7% from day's high as board approves buyback, interim dividend

The board approved share buyback at price of Rs 150 per share via tender offer and declared an interim dividend of Rs 2.50 per share or 25 per cent for the financial year 2020-21.

Tata Consumer could become next FMCG scrip added to Nifty: ICICI Securities

Says the firm is on course to replace state-owned Gail India in the widely-followed index during the semi-annual review set for March

Tata Consumer Products' scrip may replace Gail India in Nifty 50 index

The free-float market cap - a key parameter for index inclusion-of Tata Consumer Products is currently at Rs 36,000 cr, while that of Gail is about Rs 30,000 cr

GAIL gains 4%, hits 52-week high as board set to mull buyback on Jan 15

The government, which holds 52.1 per cent of GAIL, is likely to participate in the GAIL buyback

GAIL improves in Q2 as lockdowns ease, demand for gas grows in cities

Rebound in performance, improved gas transmission prospects and inexpensive valuations are keeping analysts positive.

Midcaps, smallcaps set to outperform benchmarks in near-term: HDFC Sec

At current levels, midcap and smallcap stocks look more attractive than largecaps

Indices end at record high for 2nd day, Sensex gains 680 pts, tops 43K

All that happened in the markets today.

GAIL India issues tender to buy and sell LNG cargoes: Report

GAIL India has issued a tender offering two liquefied natural gas cargoes for loading in the United States and is seeking two cargoes for delivery into India, two industry sources said