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
Supreme Court judgement asking GAIL to pay pay around Rs 1,72, 000 crore to the telecom department shows judges must know the imperatives of economics.
Sources said the dues being sought are more than three times the networth of GAIL and several times the actual revenue earned.
Analysts believe AGR demand is untenable, while growth prospects led by gas transmission and distribution segment remain good and valuations attractive
Aggrieved by ArcelorMittal's resolution plan, GAIL and GETCO filed separate interlocutory applications in the Ahmedabad-bench of NCLT
Tata Steel , GAIL, ITC, NIFTY
Essar Steel, Adani Group and state-owned GAIL have bought majority of natural gas from Reliance Industries' newer fields in the KG-D6 block at an indicative price of $5.04 - 5.16 per unit, industry so