Indraprastha Gas

Adani, IOC, BPCL, Torrent big winners of city gas licences; oil regulator PNGRB declares final list

PNGRB said the ninth CGD bidding round was launched on 12 April for development of city gas networks for the 86 geographical areas (GAs) which includes 174 districts (156 complete and 18 part), spread over 22 states and Union Territories (UTs) in India.

Gas retailing bids: Reliance Industries-BP joint venture seeks licence for 15 cities, IGL 13

Bidding for the biggest city gas distribution licensing round, offering 86 permits for selling CNG and piped cooking gas in 174 districts in 22 states and union territories, closes this evening

Gas price for industrial use cut by 18% to $2.5 per million British thermal unit

Price of natural gas, used for generating power, making fertiliser and supplying CNG, was today cut by 18 per cent to USD 2.5 per million British thermal unit, fourth reduction in 18 months.

IGL net profit jumps 44% to Rs 148 cr in Apr-Jun qtr

IGL said sales volume grew 13 percent to 4.34 million standard cubic meters per day from 3.83 mmscmd a year ago

Sensex rises as strong US data buoys IT stocks

Infosys rose 1.2 percent, having earlier come close to hitting a record high of Rs 3,573 last hit on 20 December, after the Wall Street hit a new peak on strong data from the holiday shopping season and a fall in initial jobless claims.

10 things you need to know before the opening bell

A quick look at global cues and stocks in the news ahead of the markets opening today.

CNG cost may jump by Rs 8 per kg from April due to new gas pricing model

The government on Friday notified the pricing of all domestically produced natural gas at an average of global gas trading hub rates and the cost of imported LNG. Accordingly, the price of gas is expected to be in the range of USD 8.2 to 8.4 per million British thermal units (mBtu) in April as against the current USD 4.2.

IGL impact: Gas stocks bleed on tariff revision fears

Indiraprastha Gas, the monopoly supplier of gas in Delhi, today tanked 45 percent on Dalal St in opening trade after the govt regulator directed it to cut tariffs for certain types of gas in New Delhi

Smells like a bear market rally, it's time to wait & watch

The price action this week resulted in a sequence of lower highs and lows, which is a sign of weakness.

CNG price slashed by Rs 14.90 per kg, cooking gas by Rs 5 a unit

The rate cut follows oil ministry's decision to give city gas distribution firms cheaper domestic gas to meet all their needs for CNG and PNG supplies.