GAIL

Oil companies struggle to spend; not as per Finance Ministry's wishes

Oil companies struggle to spend; not as per Finance Ministry's wishes

State-owned oil companies are struggling to keep up the momentum over their planned capital expenditure for the current fiscal as the Cov...Read More

COVID-19 impact: GAIL Q1 net profit tanks 80% to Rs 256 crore

COVID-19 impact: GAIL Q1 net profit tanks 80% to Rs 256 crore

State-owned gas utility GAIL India Ltd on Thursday posted an 80 per cent drop in its June quarter net profit as it suffered losses on the...Read More

GAIL says in readiness to kick-start project execution once lockdown ends

GAIL says in readiness to kick-start project execution once lockdown ends

Gas transportation utility GAIL proposed to roll out graded measures from April 20 to kick start work on crucial infrastructure projects ...Read More

Government detaches GAIL, OIL, other PSUs from AGR case

Government detaches GAIL, OIL, other PSUs from AGR case

New Delhi: The government has detached gas utility GAIL India, explorer Oil India and other PSUs from a Supreme Court order that had led ...Read More

Oil Ministry moves Cabinet note for splitting GAIL

Oil Ministry moves Cabinet note for splitting GAIL

GAIL is India's biggest natural gas marketing and trading firm and owns more than 70% of the country's 16,981-km pipeline network

‘GAIL, non-telco PSU dues result of DoT communication gap’

‘GAIL, non-telco PSU dues result of DoT communication gap’

Following the October 24 Supreme Court ruling that non-telecom revenues of telecom firms such as Bharti Airtel and Vodafone Idea

DoT seeks Rs 1.72 lakh crore Telecomm dues from GAIL

DoT seeks Rs 1.72 lakh crore Telecomm dues from GAIL

Sources with direct knowledge of the development said DoT sent a letter to GAIL last month seeking Rs 1,72,655 crore in dues on IP-1 and ...Read More

GAIL Q2 net slips 35%

GAIL Q2 net slips 35%

Consolidated net profit of Rs 1,167.58 crore, or Rs 2.59 per share, in July-September compared with Rs 1,788.98 crore, or Rs 3.96 per share

Cabinet to consider splitting GAIL; pipeline business not to be sold before ‘22

Cabinet to consider splitting GAIL; pipeline business not to be sold before ‘22

GAIL is India's biggest natural gas marketing and trading firm and owns more than two-thirds of the country's 16,234-km pipeline network,...Read More

Government mulls splitting GAIL; plans to sell pipeline business to strategic investor

Government mulls splitting GAIL; plans to sell pipeline business to strategic investor

The government is considering to split state-run gas utility GAIL (India) Ltd by hiving off its pipeline business into a separate entity ...Read More

Government mulling splitting GAIL; to sell pipeline business to strategic investor

Government mulling splitting GAIL; to sell pipeline business to strategic investor

The sources said that to resolve the conflict arising out of the same entity owning the two jobs, bifurcating GAIL is being considered

GAIL seeks NCLT approval to admit claim against Videocon Industries

GAIL seeks NCLT approval to admit claim against Videocon Industries

Mumbai: State-owned GAIL India Wednesday approached the National Company Law Tribunal (NCLT) seeking admission of its Rs 390-crore claim ...Read More

GAIL records PAT of Rs 6,026 cr; a rise of 30%

GAIL records PAT of Rs 6,026 cr; a rise of 30%

GAIL (India) Limited recorded its highest ever Profit after Tax (PAT) of Rs 6,026 crore for the financial year 2018-19 in its journey of ...Read More

Japan’s Orix to buy seven IL&FS wind energy plants

Japan’s Orix to buy seven IL&FS wind energy plants

Mumbai: Debt-ridden IL&FS Sunday said Japan’s Orix Corporation, which owns 49 pc share each in its seven operating wind power plants,...Read More

GAIL emerges as highest bidder for IL&FS wind plants

GAIL emerges as highest bidder for IL&FS wind plants

Mumbai: Debt-laden Infrastructure Leasing & Financial Services (IL&FS) said GAIL (India) has emerged as the highest bidder for it...Read More

GAIL, BHEL sign MoU for Solar power projects

GAIL, BHEL sign MoU for Solar power projects

GAIL (India) Limited and Bharat Heavy Electricals Limited (BHEL) have inked a Memorandum of Understanding (MoU) for cooperation in develo...Read More

Govt to raise Rs 14,000 crore via 4th tranche of CPSE 

Govt to raise Rs 14,000 crore via 4th tranche of CPSE 

New Delhi: The government will next week launch the fourth tranche of CPSE Exchange Traded Fund to garner up to Rs 14,000 crore, investme...Read More

GAIL mulls buying IL&FS wind assets

GAIL mulls buying IL&FS wind assets

Mumbai: Gas utility GAIL (India) is considering acquiring all of the wind energy assets held by a subsidiary of debt-laden Infrastructure...Read More

Mumbai: OMCs will take Rs 7000 crore hit; deregulation just on paper?

Mumbai: OMCs will take Rs 7000 crore hit; deregulation just on paper?

Mumbai: The government has thrown the baby out with the bath water! This was one of the caustic comments that greeted the Finance Ministe...Read More

ONGC to wait for right price to offload IOC, GAIL stake

ONGC to wait for right price to offload IOC, GAIL stake

New Delhi: State-owned Oil and Natural Gas Corporation (ONGC) is not in a hurry to sell its stake in Indian Oil Corp and GAIL (India) and...Read More

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