Sectorally, the Nifty PSU Bank index jumped another 5.6 per cent today, while the Nifty CPSE and Energy indices settled up to 4 per cent higher
The funds for the buyback will be met out of internally-generated cash resources of the company, it added
Dish TV's board, on Wednesday, approved raising funds of up to Rs 1,000 crore
Lower profit due to decline in natural gas marketing business
The Oil Ministry has put on hold a plan to bifurcate state-owned gas utility GAIL (India) Ltd so as not to dilute the firm's ability to finance the massive infrastructure building plan
State-owned gas utility GAIL (India) Ltd plans to launch an InvIT of its two gas pipelines between Dahej and Bengaluru
The index is reconstituted semi-annually, considering six months data ending January and July
Stock market updates: Nifty PSU Bank index surged over 6 per cent and was the top sectoral gainer
Jaguar Land Rover's retail sales fell 9 per cent YoY to 1,28,469 units in the October-December quarter
GAIL (India) Ltd, the nation's largest gas distribution firm, will on Friday consider buyback of shares with a view to returning surplus cash to shareholders, the biggest being the Government of India
The momentum indicators and oscillators in GAIL (India) stock are in the buy mode on the weekly scales
In the past one month, the stock has surged 42 per cent as against 12 per cent rise in the S&P BSE Sensex
Gujarat Gas soared 19%, Indraprastha Gas hit 10% upper circuit, while Mahangar Gas, Adani Gas and GSPL were up between 9% and 18% on the BSE
Rebound in performance, improved gas transmission prospects and inexpensive valuations are keeping analysts positive.
Major turnaround in petrochemicals; The plant is operating back to normal levels with a jump in production by 65%
India aims to more than double its gas consumption by 2030
From BSE 500 index underperforming since March, GAIL cutting supplies after fire at ONGC plant to S&P on banking system recovery, Business Standard brings you top news of the evening
GAIL (India) Ltd has cut supplies by about 40% to customers, mainly power and fertiliser companies, after a pipeline rupture led to a fire in an Oil and Natural Gas Corp plant, a company source said
Indian and foreign investors have shown interest in the country's plans to expand its domestic gas pipeline network but remain worried about steel capacities at home and the complex pricing policies