Dispute arises as resolution professional accepted only Rs 167 crore of claims
The last PPPAC meeting was in December, according to its website and there is no clarity on when the next one will be held
The Company has fixed Friday, April 22, 2022 as the record date for the purpose of ascertaining the eligibility of shareholders for Buyback of equity shares
Gas related stocks are likely to benefit from the price hike on commercial LPG; Charts indicate fresh highs for select shares.
Shares of Gail rose 1.5 per cent to end at Rs 155.7
The attractiveness of the buyback will be determined when the quantum and price of buyback is announced, said ICICI Securities in a note.
PVR and INOX Leisure are likely to be in focus after the two mega multiplex owners announced an all-stock merger on Sunday.
India's No 1 gas transporting and marketing firm has long-term liquefied natural gas (LNG) supply contracts from the US to Australia and with Russia, supplementing domestic gas supplies
Most analysts are positive about Q3 results and guidance, with target prices ranging between Rs 200 and Rs 250
While natural gas transmission volumes and profitability remained almost unchanged, the firm saw its profitability from the marketing of the fuel jump to Rs 1,749.71 crore in Q3
The CBI had on January 14 registered a complaint in connection with discounts that Ranganathan had allegedly promised to private companies in exchange for a bribe of Rs 50 lakh
CBI also said that searches were continuing at the premises of Ranganathan