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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

Indian Energy Exchange plans minority stake sale in gas venture: CEO

The largest electricity trading platform in India may sell as much as 49% in the venture in a series of deals

Gas economy: Centre planning to change LNG pipeline pricing policy

The second of the two-part series talks about why zonal pricing may be on the way out

GAIL consolidated profit before tax rises 62% in Q4 to Rs 3,598 crore

The consolidated revenue for the period under review has seen a decline by 6 per cent, from Rs 19,078.3 crore during the January-March quarter of 2018-19 (FY19) to Rs 17,938 crore in Q4 FY20

Market Ahead, June 24: Top factors that could guide markets today

The SGX Nifty, though, is trading with a slight cut and is indicating an open around 10,470 levels for the Nifty today

Market Ahead, June 22: Top factors that could guide markets this week

The Indian markets are likely to start this week on a flat note with a negative bias, on the back of similar trend in global indices

Will withdraw 96% of Rs 4 trn AGR-related dues against PSUs: Centre to SC

The bench asked the telecom companies to file their financial statements before it and fixed the matter for hearing in third week of July

GAIL, Adani, Petronet LNG join IGX; gas price of $4.07 per unit discovered

Launched on Monday, the platform - set up by the Indian Energy Exchange - has so far traded 100 mmBtu gas.

Market Ahead, June 16: All you need to know before the opening bell

The SGX Nifty is up around 170 points from yesterday's close and is indicating an open at around 9,980 levels for the Nifty today

Dharmendra Pradhan bats for splitting GAIL, new gas tariff policy

Plan is to unbundle GAIL into two firms --- one for gas transmission, other for marketing; Ernst and Young appointed consultant

GAIL steel pipe tenders worth Rs 1,000 cr in process under going-local plan

Pradhan reviews Rs 8,000 cr worth projects to align with PM Modi's Aatmanirbhar Bharat plan

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

It is also seeking a cargo for delivery into India in May or August, 2021 on a delivered ex-ship (DES) basis

GAIL chief Manoj Jain appointed CMD of Mahanagar Gas as well

Manoj Jain, the chairman and managing director of national gas major GAIL, has been appointed as the head of the city gas distributor Mahanagar Gas as well. Jain took over as the chairman and managing director of Mahanagar Gas on May 6, the company, which supplies piped natural gas to households and auto and industrial gas in Mumbai and its suburbs, said in a statement on Thursday. Jain, a mechanical engineer and MBA, has vast experience of over 34 years with GAIL in various fields such as business development, projects, O&M, petrochemicals, pipeline integrity management and marketing. As the CMD of GAIL, he is also the chairman of GAIL subsidiaries such as GAIL Global USA Inc, GAIL Global USA LNG, GAIL Gas, Brahmaputra Cracker & Polymer, Konkan LNG and a director of Petronet LNG. Jain spearheaded installation and commissioning of the USD 1.4 billion grassroots petrochemical complex, as chief operating officer of Brahmaputra Cracker. Mahanagar Gas Ltd (MGL) is the sole ...

GAIL chief Manoj Jain takes over as chairman of Mahanagar Gas

Manoj Jain, chairman and managing director of national gas major GAIL, has been appointed as chairman of the city gas distributor Mahanagar Gas Ltd as well. Jain took over as the chairman of Mahanagar Gas Ltd (MGL) on May 6, the company said in a statement on Thursday. On Thursday, PTI erroneously reported that Jain has taken over as chairman and managing director of MGL. MGL, promoted by GAIL, supplies piped natural gas to households and auto and industrial gas in Mumbai and its suburbs. Jain, a mechanical engineer and an MBA, has experience of over 34 years with GAIL in various fields such as business development, projects, O&M, petrochemicals, pipeline integrity management and marketing. As the CMD of GAIL, he is also the chairman of its subsidiaries such as GAIL Global USA Inc, GAIL Global USA LNG, GAIL Gas, Brahmaputra Cracker & Polymer and Konkan LNG. Jain spearheaded installation and commissioning of the USD 1.4 billion grassroots petrochemical complex, as chief ...

GAIL chief Manoj Jain now takes over as chairman of Mahanagar Gas

MGL, promoted by GAIL, supplies piped natural gas to households and auto and industrial gas in Mumbai and its suburbs

Market Ahead, April 24: Top Factors That Could Guide Markets Today

A major event investors will track today will be the meeting between Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman to finalise a second stimulus package

Shale holdings of RIL, GAIL come under pressure amid oil price crash

Though WTI recovered, investment in alternative fuels like shale has become unviable.

Use of Force Majeure Clause by GAIL, IOC expected to end in disputes

Force majeure is a part of contracts in India, where companies will be excused from paying penalties for non-performance, in case of an unforeseen event outside their control.