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Gail India

Govt suspends GAIL director

GAIL's Q1 Profit Dives 51.5%; Board Approves Rs 11,256 Cr Revised Cost For Usar Petchem Plant

Revenue dipped 14 per cent to Rs 32,227.47 crore

31 July 2023

GAIL

GAIL Net Profit Drops 77.5% On Russian Gas Supply Woes

With prices softening in recent weeks, GAIL has got supplies shored up and is now supplying gas to full contracted volumes to all consumers since March 16

18 May 2023

GAIL has a petrochemical plant at Pata, near Kanpur in Uttar Pradesh, and is also looking to set up another unit at Usar in Maharashtra

GAIL signs pact with Shell to explore ethane sourcing

GAIL last month floated a tender to hire a very large ethane carrier (VLEC) for 20 years starting mid-2026 for importing ethane from the US

17 March 2023

GAIL India

GAIL Infuses Rs 2,100 Crore In JBF Petrochemicals

In a stock exchange filing, GAIL (India) Ltd said it has "infused Rs 2,101 crore (equity - Rs 625 crore and debt - Rs 1,476 crore)" in the committed bankruptcy resolution plan

02 June 2023

 Central Bureau of Investigation (CBI)

CBI Files Fresh Case Against Ex-GAIL Director Ranganathan In Disproportionate Assets Case

The CBI had conducted searches at the Noida residence of Ranganathan, from where it recovered over Rs 1.29 crore cash and documents containing details of assets that the agency was scrutinising

24 April 2023

NCLT Approves GAIL's Resolution Plan

NCLT Approves GAIL's Rs 2,079 Crore Resolution Plan For JBF Petrochemicals

The other secured lenders of the company are Union Bank of India, Bank of Baroda, Exim Bank and Indian Overseas Bank, among others

15 March 2023

GAIL India

GAIL To Borrow Up To Rs 7,000 Cr Domestically To Fund Rs 10,000 Cr Capex Plan In Fy24

GAIL India's chairman and managing director SK Gupta said, that even though FY23 was not good for internal resource generation, it invested Rs 9,100 crore, which was 15 per cent higher than the budgeted levels

19 May 2023

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GAIL Q3 Profit Drops 90% On Petrochemical, Natural Gas Marketing Woes

GAIL Q3 Profit Drops 90% On Petrochemical, Natural Gas Marketing Woes

Consolidated net profit of Rs 397.59 crore in October-December 2022 is compared with Rs 3,800.09 crore earning in the same period a year back, according to the company's stock exchange filing

30 January 2023

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08 December 2022
10 Stocks To Watch As Dividend Yields Climb Higher Than Bank Fixed Deposit Rates

10 Stocks To Watch As Dividend Yields Climb Higher Than Bank Fixed Deposit Rates

Here is a list of stocks with the highest dividend-to-price ratio.


12 September 2022
Gazprom Singapore Pays 'Meagre' Penalty For Defaulted LNG Deliveries To India

Gazprom Singapore Pays 'Meagre' Penalty For Defaulted LNG Deliveries To India

Gazprom Marketing and Trading Singapore (GMTS), under a long-term 20-year contract, was to supply 2.5 million tonne of LNG to state-owned GAIL (India) Ltd this...


06 July 2022
GAIL Invites Investment Proposals From Startups Operating In Focus Areas

GAIL Invites Investment Proposals From Startups Operating In Focus Areas

The investments will be done through GAIL's startup initiative 'Pankh'.


31 March 2022
GAIL To Buyback 5.7 Crore Shares For Rs 1,083 Crore

GAIL To Buyback 5.7 Crore Shares For Rs 1,083 Crore

The share buyback, or share repurchase, is when a company buys back its own shares from investors or stakeholders. It can be seen as an alternative,...


27 March 2022
GAIL Continues To Pay For Russian LNG Imports In US Dollar

GAIL Continues To Pay For Russian LNG Imports In US Dollar

GAIL has a deal to receive 2.5 million tonnes of liquefied natural gas (LNG) annually on a delivered basis from Russia's Gazprom.


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13 March 2022
Gail Declares Record Dividend For FY22

Gail Declares Record Dividend For FY22

The total dividend payout will be Rs 2,220.19 crore with a record date of March 22, the company said in a statement


10 March 2022
Reliance Sells CBM Gas For Over $23; HOEC Gets $25

Reliance Sells CBM Gas For Over $23; HOEC Gets $25

At the current Brent crude oil price of $115 per barrel, the base comes to $15.18 per mmBtu and adding $8.28 premium bid by state-owned gas utility GAIL and...


27 February 2022
India's Oil Import Bill To Top $100 Billion In FY2021-22, Says Report

India's Oil Import Bill To Top $100 Billion In FY2021-22, Says Report

India spent $94.3 billion in the first 10 months (April-January) of the ongoing financial year that started April 1, 2021.


18 January 2022
Govt Suspends GAIL Director Ranganathan After CBI Arrest

Govt Suspends GAIL Director Ranganathan After CBI Arrest

Ranganathan, who was appointed Director (Marketing) of GAIL in July 2020, has been suspended, after his arrest by the CBI over allegedly taking bribes.


17 January 2022
Government Reaps Over Rs 6,600 Crore As Dividend From Dozen CPSEs

Government Reaps Over Rs 6,600 Crore As Dividend From Dozen CPSEs

Government has received about Rs 972 crore and Rs 2506 crore from Nuclear Power Corporation of India Limited (NPCIL) and Power Grid Corporation of India...


08 November 2021
Pre-Market Report: Britannia, Aurobindo Pharma Results Quarterly Results, Paytm IPO To Watch Out For

Pre-Market Report: Britannia, Aurobindo Pharma Results Quarterly Results, Paytm IPO To Watch Out For

Markets were closed for the Diwali vacation since Thursday. How investors react on Monday would depend on what they see as a priority.


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05 November 2021
NCLT Approves GAIL India's Acquisition Of IL&FS' 26% Stake In ONGC Tripura Power Company

NCLT Approves GAIL India's Acquisition Of IL&FS' 26% Stake In ONGC Tripura Power Company

ONGC And IL&FS had teamed up with the Government of Tripura to establish the special purpose vehicle, OTPC for optimum utilisation of gas in Tripura.


29 October 2021
Q2 Results: Voltas, GAIL, HT Media, More. Check Who Reported Profit Or Loss

Q2 Results: Voltas, GAIL, HT Media, More. Check Who Reported Profit Or Loss

Voltas on Friday reported 31 per cent increase in consolidated net profit at Rs 104.29 crore in the second quarter ended September 30, 2021.


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