Other factors that should benefit GAIL include the new US liquefaction terminals, and inclusion of gas in GST
In the intra-day deals, the Sensex and Nifty50 hit a high of 41,444.34 and 12,172.30 level, respectively
Sources said to resolve the conflict arising out of the same entity owning the two jobs, bifurcating GAIL is being considered
Survey lessons like exports' importance for growth and jobs, how govt intervention in markets can be harmful, and wealth creation via privatisation should have been imbibed long ago, writes T N Ninan
He said parallel to discussions with the DoT, the Supreme Court has been approached on the issue
LNG is environment-friendly natural gas turned into liquid at minus 160-degree Celsius for ease of transportation in ships and truck
Oil India Ltd (OIL) is the second oil and gas firm after GAIL India to have been slapped a demand notice. From gas utility GAIL, the DoT has sought Rs 1.72 trillion.
The DoT has sought Rs 1.72 trillion in past statutory dues from state-owned gas utility GAIL India Ltd
The two firms have, however, hired capacity in Adani's under-construction LNG import terminal at Dhamra.
Though margins fell in the September quarter, analysts expect a recovery and remain positive on volume growth outlook
Strong volume growth in the natural gas trading and transmission segments to support the stock price
Concerns over placement of the high-priced US gas contracts remain, even though GAIL has consistently met with success in placing them and reporting good numbers
Street worried over the proposal to restructure the company, profitability of petrochemicals business and placement of high-priced US contracts
When MGL was listed in July 2016, Shell and GAIL held 32.5 per cent stake each in the company
The Raniganj coal block is India's most prolific coal-bed methane block that has already achieved daily gas production of more than 1 million scmd
The plan to carve the pipelines business into a fully-owned unit will bring greater transparency between the two businesses and may allow govt to sell shares at a later date
GAIL is also seeking an LNG cargo for India's Dahej terminal for late December delivery on a delivered ex-ship (DES), the sources said
GAIL says it plans to invest Rs 54,000 crore across segments in the next five years
The stock was down 5% to Rs 322, its lowest level since October 5, 2018, on concerns of weak December quarter earnings.
A deal will give the state-run company an opportunity to add to its existing renewable energy portfolio of 129 megawatts and help offset emissions