Page 11 - Gail

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

GAIL expects to end sales of its US-sourced LNG locally from 2023

By Nidhi Verma

GAIL bifurcation plan put on hold; firm to monetise pipelines through InvIT

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 GAIL plans to launch pipeline InvIT before company split

State-owned gas utility GAIL (India) Ltd plans to launch an InvIT of its two gas pipelines between Dahej and Bengaluru

Nifty rejig: This Tata Group firm could replace GAIL in next review

The index is reconstituted semi-annually, considering six months data ending January and July

Sensex up 248 pts at 49,517; Nifty at 14,563; SBI, Airtel soar 4%, RIL 3%

Stock market updates: Nifty PSU Bank index surged over 6 per cent and was the top sectoral gainer

Stocks to watch: GAIL, Tata Motors, Dishman Carbogen, DRL, Karnataka Bank

Jaguar Land Rover's retail sales fell 9 per cent YoY to 1,28,469 units in the October-December quarter

GAIL to consider share buyback, dividend on January 15

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

ONGC, GAIL: Three stocks that Nilesh Jain of Anand Rathi is bullish on

The momentum indicators and oscillators in GAIL (India) stock are in the buy mode on the weekly scales

Gail rallies 18% in 3 days after PNGRB simplifies gas pipeline tariff

In the past one month, the stock has surged 42 per cent as against 12 per cent rise in the S&P BSE Sensex

Gas distribution stocks rally after PNGRB simplifies gas pipeline tariff

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

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.

Gail net profit dips 8.5% to Rs 1,068 in Q2, revenue drops 24.3%

Major turnaround in petrochemicals; The plant is operating back to normal levels with a jump in production by 65%

GAIL, ONGC look to firm up strategies for low oil and gas price regime

India aims to more than double its gas consumption by 2030

Top headlines: Harley-Davidson exits India, S&P on Indian banking system

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 cuts gas supplies to clients by 40% after fire at ONGC plant in Surat

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

Private investors plan to expand gas pipeline network amid complex policies

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

Petronet gives outgoing CEO 27% hike in FY20; launches search for new chief

Singh, who completes his five-year term as managing director and CEO next month, took home a record Rs 1.8 crore in fiscal 2019-20 (April 2019 to March 2020)

GAIL: Demand, fertiliser plants, city-gas distribution to drive earnings

Rising gas demand, new fertiliser plants to drive earnings

GAIL sees gas sales returning to pre-Covid-19 levels by quarter end

State-owned gas utility GAIL India Ltd sees its gas demand returning to pre-Covid-19 levels by the end of the current quarter as the expansion of the city gas network will offset shrinking consumption