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Latest news LIVE: India logs 4,043 new Covid cases; active tally declines

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Stocks to Watch: IRCTC, McLeod Russel, Sugar, Adani Ports, Gail, Dish TV

Stocks to Watch Today: Oil related shares are likely to be in focus on Tuesday as the oil ministry sought a review of the windfall profit tax on domestically produced crude oil.

Govt terminates Ranganathan as GAIL director; repatriates him to ED post

The government has terminated ES Ranganathan as director (marketing) of GAIL (India) Ltd and repatriated him as executive director of the company, the state-owned firm said Tuesday. Ranganathan was in January arrested by the Central Bureau of Investigation (CBI) for allegedly taking bribes to give discounts to some private companies on the petrochemicals products that GAIL sold to them. Following this, he was placed under suspension. He got bail in March. In a stock exchange filing, GAIL said it has received a communication from the Ministry of Petroleum and Natural Gas "conveying the decision of the Appointment Committee of the Cabinet (ACC) for premature termination of the tenure of Shri ES Ranganathan from the post of Director (Marketing), GAIL (India) Ltd with immediate effect". Ranganathan will be paid three months' salary in lieu of a similar notice period and his consequent repatriation to the post of executive director within the lien period, it said. He was executive dire

GAIL targets net-zero carbon emissions by 2040: Chairman Manoj Jain

GAIL (India) Ltd, the nation's largest gas firm, is targeting net-zero carbon emission from its operations by 2040, ahead of targets by other state-owned firms, chairman Manoj Jain said on Friday. Net zero, or becoming carbon neutral, means not adding to the amount of greenhouse gases in the atmosphere. India, the world's fourth biggest emitter of carbon dioxide after China, the US and the EU, has committed to cut its emissions to net zero by 2070. And GAIL's target for 2040 is a step in aiding that. GAIL "is committed to reduce its carbon footprint by diversifying into the renewable energy sector," Jain said at the firm's annual shareholders' meeting. "In line with India's vision to achieve net zero by 2070, GAIL has completed a comprehensive study on science-based net-zero ambition and intends to achieve a 100 per cent reduction in Scope 1 and Scope 2 emissions and a 35 per cent reduction in Scope 3 emissions by 2040". Indian Oil Corporation (IOC) on Thursday announced a Rs 2 l

India in talks with Russia over LNG supply resumption, says GAIL

"There are some immediate issues which we are trying to tackle both at the company level and also at G2G (government to government) level," said GAIL Chairman Manoj Jain

India, Pakistan left in a lurch as gas deliveries get redirected to Europe

With gas prices more than 150% higher since the Russian invasion in February, and wealthier nations able to pay more to ensure adequate supplies, emerging nations can't compete

GAIL feels blowback from Ukraine war as former Gazprom unit cuts supplies

A former Gazprom subsidiary reneges on its supply contract forcing the state-owned gas distributor to cut back supplies to key industries

GAIL stock slips on worries of gas supply disruptions despite strong Q1

Analysts remain positive with valuations ranging from Rs 176 to Rs 197

Stocks to Watch: Britannia, GAIL, Reliance, Adani Enterprises, Paytm, Nykaa

Stocks to Watch: With oil prices staging a dramatic reversal, related stocks, along with rate-sensitive sectors will be on the radar as RBI announces its monetary policy outcome Friday.

Top headlines: BoE raises rates by most since 1995; GAIL Q1 net up 51%

GAIL (India) Ltd, the nation's largest gas utility, on Thursday reported a 51 per cent jump in its June quarter net profit on the back of bumper margins from gas marketing

GAIL starts to ration gas as former Gazprom unit cuts supplies: Report

GAIL (India) Ltd has started gas rationing, cutting supplies to fertiliser and industrial clients after imports were hit under its deal with a former unit of Russian energy giant Gazprom

GAIL rationing gas as former Gazprom unit cuts supplies: Report

An industrial consumer said GAIL has restricted its gas quantities to a 'take or pay level', the lowest level at which it will not attract a penalty from the customer

5 PSUs to set up manufacturing units to increase coal gasification capacity

Coal ministry proposes PLI for ammonium nitrate to raise volumes and price competitiveness

Sandeep Kumar Gupta to be next chairman of GAIL, succeeds Manoj Jain

The Public Enterprises Selection Board (PESB) selected Gupta, 56, for the post of chairman and managing director of GAIL after interviewing 10 candidates, it said in a post-interview notice

Stocks to watch: Bajaj Auto, TVS Motor, Tata Steel, Cipla, JSW Steel, FRL

Stocks to watch today: Bajaj Auto approved buyback of shares worth up to Rs 2,500 crore; Moody's upgraded Tata Steel's outlook to 'positive' from 'stable'

Fitch Ratingsaffirms 'BBB-' rating to GAIL India, outlook stable

GAIL's gas-marketing segment is expected to benefit from high crude oil and spot LNG prices in FY23

GAIL to enter distributed LNG production business to provide fuel to users

GAIL will liquefy or turn natural gas into liquid at sub-zero temperature and transport it in trucks to users.

GAIL Q4 net profit jumps 40% to Rs 2,683.11 crore on higher gas margins

State gas utility GAIL India Ltd reported a 40 per cent jump in its March quarter net profit as margins on natural gas sales rose

GAIL's Rs 1,083 crore buyback offer kicks off: Should you tender shares?

The company has prescribed a buyback ratio of 2 shares for 25 equity shares for reserved category whereas 2 shares for 179 equity shares for general category.

GAIL India moves NCLT to recover Rs 9,942 crore Uttam Galva dues

Dispute arises as resolution professional accepted only Rs 167 crore of claims