Gail
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All Stories for Gail
Markets end in green: Sensex rises over 230 points on gains in banking, finance, auto stocks; Nifty finishes at 9,270-mark
Fp Staff •M&M was the top gainer in the Sensex pack, rallying over 5 percent, followed by Bajaj Finance, HDFC Bank, ICICI Bank, Bharti Airtel and Hero MotoCorp.
Coronavirus Outbreak: Oil PSUs to re-start over Rs 42,000 cr of projects as lockdown restrictions ease
•State-owned oil firms will resume as many as 511 projects involving over Rs 42,000 crore of investment with immediate effect as the country partially exited from an unprecedented nationwide lockdown on Monday
Coronavirus Outbreak: LNG importers invoke force majeure as gas demand slumps amid nationwide lockdown
•India’s top gas importer Petronet LNG served a force majeure notice on Qatargas and is seeking delayed delivery of cargoes, two sources said.
Tamil Nadu Dalit farmers say hydrocarbon projects snuffing out hopes of brighter future, vow to carry on fight
Monica Jha •After the Tamil Nadu government acquired land for hydrocarbon projects, Dalits lost access to it
Govt detaches GAIL, OIL, other PSUs from AGR case after last month's Supreme Court order, says Union minister Sanjay Dhotre
•The government has detached gas utility GAIL India, explorer Oil India and other PSUs from a Supreme Court order that had led to Rs 1.47 lakh crore being sought from telecom firms such as Bharti Airtel and Vodafone Idea in past dues, the Lok Sabha was informed on Wednesday
Former GAIL India chief BC Tripathi joins Essar's Mauritius-based oil, gas firm as non-executive chairman
•EEPLM, through its subsidiary Essar Oil & Gas Exploration & Production Ltd (EOGEPL), is India's largest operator of unconventional hydrocarbon acreages located across key sedimentary basins in the country.
DoT seeks Rs 7,608 cr from GAIL in dues for FY18; Rs 1.83 lakh cr assessment not being pressed
•The DoT has sought Rs 7,608 crore in dues from GAIL India for 2017-18 as the department appeared to be not pressing for immediate payment of Rs 1.83 lakh crore in past dues it had previously assessed from the state-owned gas utility
Over Rs 1 lakh cr investment in oil, gas projects lined up in AP; to facilitate ease-of-living of citizens in state: Dharmendra Pradhan
•The projects include Rs 26,264 crore modernisation of Visakhapatnam refinery by the second quarter of 2022-23, and Rs 68,000 crore in the development of offshore oil and gas fields, Pradhan said.
Sensex surges over 430 points, Nifty reclaims 12,100-mark on strong global cues; Tata Steel, Axis Bank among top gainers
Fp Staff •Market benchmark Sensex rallied over 400 points in the opening session led by gains in index-heavyweights Reliance Industries, ICICI Bank and HDFC Bank.
AGR dues: Airtel, Vodafone Idea default on Rs 88,634 cr payment; DoT orders no coercive action against delay
•Following the 24 Supreme Court October order, the DoT had sought Rs 1.47 lakh crore from Bharti Airtel, Vodafone Idea and 13 other telecom companies