Start of new fertiliser plants offers some comfort, but disparity between procurement and selling price of gas would hurt profitability, say analysts
An implosion of the sector will have economy-wide ramifications. This is the last thing India needs now
Essar in its statement said that Tripathi will drive the investment strategy and play a key role in providing strategic direction to EGFL
GAIL lines up Rs 1 trillion capex for next five years
The telecom department had previously estimated past dues to the tune of Rs 1.83 trillion, but it does not seem to be pressing for immediate full payment from the state-owned gas utility
India currently consumes some 160 million standard cubic meters of gas per day and the consumption has to rise to 600 mmscmd to reach 15 per cent share in the energy mix
Other factors that should benefit GAIL include the new US liquefaction terminals, and inclusion of gas in GST
The company said rise in profit is mainly due to better physical performance, better margins in gas marketing and liquid hydrocarbons.
Net profit saw a 25 per cent drop due to slump in margins on natural gas marketing, LPG and liquid hydrocarbons
The net profit at Rs 1,250.65 crore in October-December was 25.6 per cent lower than Rs 1,681.23 crore profit earned in the same period a year ago
A Bench of Justice Arun Mishra, Justice Vineet Saran and Justice Ravindra Bhat will pronounce the verdict on pleas challenging the Act
Sources said to resolve the conflict arising out of the same entity owning the two jobs, bifurcating GAIL is being considered
From falling housing sales to GAIL's Rs 45,000 crore investment to create infra for gas-based economy, here are the day's top headlines
GAIL currently operates 12,160-km of pipeline network and markets two-thirds of all-natural gas sold in the country
LNG is environment-friendly natural gas turned into liquid at minus 160-degree Celsius for ease of transportation in ships and truck
The stock of Dr. Reddy's has been on a gradual rise with positive indicators supporting the momentum and currently has given a breakout above the previous peak of 3,000
An assessment put GAIL liability at Rs 1.72 trillion and that of PowerGrid at Rs 21,000 crore
The company plans to raise funds through domestic bonds in one or more tranches in the next six months
Licence-linked dues from non-telcos should be reviewed
The eight states are Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura