Page 6 - Gail India

GAIL turns to short-term and spot deals for LNG to meet rising demand

Price-sensitive customers in the South Asian nation have already forced renegotiation of three long-term LNG deals

GAIL India March quarter net profit posts four-fold jump to Rs 10.21 bn

The profit in fourth quarter was higher due to a one-off impairment GAIL had taken on its investment in Dabhol LNG terminal

GAIL signs Rs 20 bn loan agreement with SBI to meet capex requirement

The pact was signed in the presence of GAIL Director (Finance) Subir Purkayastha and SBI General Manager S K Pradhan

Oil & gas shares under pressure; HPCL, IOC hit 52-week lows, GAIL falls 6%

The S&P BSE Oil & Gas index, the largest loser among sectoral indices, was down 1.6% as compared to 0.2% decline in the S&P BSE Sensex at 10:54 am

GAIL's 1,724-km Surat-Paradip natural gas pipeline project terminated

Regulator says ground progress was 'nil' even after six years

Anyone can do marketing; Gail's job is to lay gas pipelines, says Pradhan

The minister also said the Rajasthan govt was set to save at least Rs 400 bn from the revised viability-gap funding for its Barmer refinery project by HPCL

IOC, BPCL keen to acquire GAIL to become fully integrated energy firms

The government's 54.89% stake in GAIL is currently worth about Rs 46,700 crore

GAIL plays the clean energy card

By backing short films on climate change the public sector major hopes to change brand image and customer behaviour, follows the example set by global energy giants

GAIL India gains 8% as PNGRB proposes unified tariff

At 10:06 am, the stock was up 6.5% to Rs 422 on BSE, as compared to 0.4% rise in the S&P BSE Sensex

Gail posts 23% drop in Q1 net at Rs 1,026 cr

Company said profit after tax of Rs 1,026 cr in the quarter saw growth of 21% on a y-o-y basis

GAIL India Q1 net drops 23% at Rs 1,026 cr

Revenue from natural gas transmission services business rose 10% to Rs 1,134 cr

Combat pollution with right lifestyle choices: GAIL India Campaign

An anthemic call for change

GAIL shares down nearly 3%, reports 69% drop in net proft after Q4 results

Net profit Jan-Mar quarter Rs 260.16 cr, against Rs 832.13 cr net earnings a year before

GAIL (India) falls 6% as Q4 profit misses forecast

The company posted net profit of Rs 260 crore in Q4FY17 against Rs 832 crore in Q4FY16.

GAIL signs first-ever time swap deal for US LNG

Against a supply of 5.8 MT of LNG,GAIL has created a market for just 4 MT in India

GAIL Q4 profit falls to Rs 260 cr on impairment charge

The gas marketing company it took a charge of Rs 788 crore in the quarter

GAIL to invest Rs 1,750 cr on gas distribution network

State run gas company GAIL (India) Ltd has committed an investment of Rs 1750 crore to build City Gas Distribution (CGD) network in Bhubaneswar and Cuttack. Of the envisaged investment, Rs 1000 crore would be spent on Bhubaneswar while the rest Rs 750 crore is proposed for Cuttack. Gas distribution to households in the Twin City region is expected to be a reality by December 2019 or early 2020."The Jagdishpur-Haldia-Bokaro-Dhamra natural gas pipeline being bulit by GAIL would be the feeder line for gas supplies in Odisha. This pipeline is being constructed at a cost of Rs 13,000 crore out of which Rs 4000 crore is spent in Odisha. In two to three years, the entire pipeline would be constructed and commissioned", said A K Singh, executive director, GAIL (India) Ltd.In Odisha, the 2619-km Jagdishpur-Haldia-Bokaro-Dhamra natural gas pipeline would have a network of 762 km, covering 13 districts. The CGD project proposes to cover a population of 0.5 million in Bhubaneswar and Cuttack in ..

Gail (India) trades 1:3 ex-bonus; stock down 5% intra-day

In past six months, the stock appreciated 32% as compared to 0.25% rise in the Nifty 50 index.

Gail (India) hits fresh 52-week high ahead of bonus issue

In past two months, the stock outperformed the Sensex by rising 23% against 8.5% rise in Sensex

Gail (India) hits 52-week high on 1:3 bonus issue; 85% interim dividend

The stock hit a new high of Rs 494, up 4% on the BSE in early morning trade.