CGD

The meeting is to be chaired by the cabinet secretary

CLOSING BELL: Global cues triggered by Powell's positive remarks boosted sentiment. The Sensex scaled a new high at 63,583, while the Nifty 50 came within striking distance of 18,900 on Thursday.

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At 10:00 am; CGD stocks were up in the range of 4 per cent to 7 per cent, as compared to 0.43 per cent decline in the S&P BSE Sensex.

The company has got 16 geographical areas covering 32 districts with a population of over 90 mn, in the ninths and tenth round of CGD bidding

PNGRB has said the regulation for allowing competition in CGD areas will be notified in the next one to one and a half months.

The company also looks to advance work on the Gujarat and Rajasthan geographical areas

The round is also aimed at achieving the Prime Minister's target of achieving piped cooking gas connection in 10 million houses by 2020