GAIL Injects Rs 2,100 Crore in JBF Petrochemicals
India’s largest natural gas company GAIL has injected Rs 2,100 crore into privately insolvent chemical company JBF Petrochemicals Ltd, which it acquired in bankruptcy proceedings....
Tag : GAIL
Time Technoplast Shares Rise 4% on IGL’s Rs 54 Crore Order Book
Shares of Time Technoplast opened trading up more than 4% on April 12 after the company announced it had received an order from Indraprastha Gas...
MGL, IGL, Adani Gas Shares Soar as Lower Input Costs Ease Pressure on CGD
The Union Cabinet on April 6 agreed to the Kirit Parikh committee’s recommendations on gas pricing, helping gas company shares climb on April 10. Shares...
Cummins India Shares Hits 4-Month High as it Supplies Tech for Gail’s Hydrogen Plant
Global power solutions provider Cummins will partner with Tecnimont to help GAIL build a proton exchange membrane electrolyser for public sector gas company Vijaipur in...
GAIL Shares Trade Ex-Dividend Ahead of Record Date, Shares Rise
Shares of the Natural Gas Authority of India (GAIL) gave up some gains in early trade on Tuesday. The stock is now trading ex-dividend starting...
State-Run Oil Companies’ Capex to go Up by 6.5% in FY22
Capital spending at Oil and Natural Gas Corp is targeted to drop 8 per cent in 2021-22 from the current year while it’s set to...
Gas Distribution Stocks Rallied After PNGRB Simplifies Gas Tariff Structure
In the early morning trade on Friday, shares of gas transmission companies rallied up to 19 per cent on BSE following the notification of Petroleum and...
Oil Ministry Seeks Approval to Split GAIL
The Oil Ministry has moved a cabinet note seeking approval for hiving off state-owned gas utility GAIL (India) Ltd’s pipeline business into a separate entity...
Gain In Pipeline Duty Will Boost GAIL’s Earning
GAIL (India) Ltd. will utilize from the tax hike for its gas pipeline network, however, the earnings gain may not be as much as India’s...
IL&FS Wind Power Plants highest bidder emerges as GAIL India Ltd
GAIL (India) Ltd. has emerged as the highest bidder for seven operating wind power plants of debt-laden Infrastructure Leasing & Financial Services, said the company...