A former Gazprom subsidiary reneges on its supply contract forcing the state-owned gas distributor to cut back supplies to key industries
Analysts remain positive with valuations ranging from Rs 176 to Rs 197
Stocks to Watch: With oil prices staging a dramatic reversal, related stocks, along with rate-sensitive sectors will be on the radar as RBI announces its monetary policy outcome Friday.
GAIL (India) Ltd, the nation's largest gas utility, on Thursday reported a 51 per cent jump in its June quarter net profit on the back of bumper margins from gas marketing
GAIL (India) Ltd has started gas rationing, cutting supplies to fertiliser and industrial clients after imports were hit under its deal with a former unit of Russian energy giant Gazprom
An industrial consumer said GAIL has restricted its gas quantities to a 'take or pay level', the lowest level at which it will not attract a penalty from the customer
Coal ministry proposes PLI for ammonium nitrate to raise volumes and price competitiveness
The Public Enterprises Selection Board (PESB) selected Gupta, 56, for the post of chairman and managing director of GAIL after interviewing 10 candidates, it said in a post-interview notice
Stocks to watch today: Bajaj Auto approved buyback of shares worth up to Rs 2,500 crore; Moody's upgraded Tata Steel's outlook to 'positive' from 'stable'
GAIL's gas-marketing segment is expected to benefit from high crude oil and spot LNG prices in FY23
GAIL will liquefy or turn natural gas into liquid at sub-zero temperature and transport it in trucks to users.
State gas utility GAIL India Ltd reported a 40 per cent jump in its March quarter net profit as margins on natural gas sales rose
The company has prescribed a buyback ratio of 2 shares for 25 equity shares for reserved category whereas 2 shares for 179 equity shares for general category.
Dispute arises as resolution professional accepted only Rs 167 crore of claims
The dedicated pipeline, which will supply 1 million standard cubic meters per day of gas to HMEL, has been laid at a cost of Rs 142 crore
Here are the top Business Standard headlines on Friday
State-owned GAIL (India) Ltd will build one of India's largest proton exchange membrane (PEM) electrolyzer at Guna in Madhya Pradesh to produce green hydrogen by the end of 2023
Centre has requested GAIL to start importing LNG to meet the rising demands in metropolitan areas
The Company has fixed Friday, April 22, 2022 as the record date for the purpose of ascertaining the eligibility of shareholders for Buyback of equity shares
Brokerages are advising their retail clients to buy shares of Gail to take advantage of the arbitrage opportunity.