Page 3 - Gail

GAIL says it's open to buying Russian oil-gas assets if offered good deal

GAIL is considering buying gas from challenging local fields to address surging local demand for natural gas, including striking long-term liquefied natural gas import deals with global companies

Shell may sell Russian LNG plant stake to Indian consortium: Report

Shell seeks to sell 27.5% stake in Sakhalin-2 plant; Shell in talks with group of several Indian firms, say sources

IT, Metals drag Sensex 236 pts down; Delhivery rises 10%, Zomato 15%

CLOSING BELL: On the NSE, the Nifty50 shut shop at 16,138, down 77 points or 0.47 per cent

GAIL submits new InvIT proposal to monetise Rs 5,000-crore assets

The last PPPAC meeting was in December, according to its website and there is no clarity on when the next one will be held

GAIL to build green hydrogen plant at MP, set to be one of the largest

State-owned GAIL (India) Ltd will build one of India's largest proton exchange membrane (PEM) electrolyzer at Guna in Madhya Pradesh to produce green hydrogen by the end of 2023

Indian buyers grab discounted Russia LNG shipments shunned by rest of world

Companies including Gujarat State Petroleum Corp. and GAIL India Ltd. bought several spot shipments at prices below prevailing market rates.

GAIL, Hindustan Petroleum to pump in Rs 17,000 cr to boost Bengal CNG infra

GAIL, its JV company Bengal Gas Co and Hindustan Petroleum Corporation Ltd's combined investment in various CNG projects in West Bengal will be Rs 17,000 crore over the next five years

Sonipat: Major fire breaks out at chem factory, situation under control now

Sonipat Deputy Commissioner said more than 20 people were working in the factory at the time of the incident, 'but all were evacuated in time'

Discuss with GAIL not to lay pipeline on farm land: OPS to Stalin

GAIL is laying a pipeline to carry gas from Kochi in Kerala to Bengaluru via several western districts in Tamil Nadu (Coimbatore, Tirupur, Erode, Namakkal, Salem, Dharmapuri and Krishnagiri).

GAIL announces Rs 1,083-cr share buyback at Rs 190 per share

Shares of Gail rose 1.5 per cent to end at Rs 155.7

GAIL board to consider share buyback, approve financial results on Mar 31

The board of state gas utility GAIL India Ltd will on March 31 consider the buyback of shares - the second buyback in as many years

Russia's Gazprom seeks gas payments in euros from GAIL: Report

GAIL has a long-term gas import deal with Gazprom Marketing & Trading Singapore to annually buy 2.5 million tonnes of liquefied natural gas and has been settling trade with Gazprom in dollars

Sensex soars 936 pts, Nifty tops 16,850; HDFC Bank rises 3%, Paytm dips 12%

CLOSING BELL: Shares of One97 Communications, the parent company of digital payments major Paytm, tanked 14.5 per cent to hit a new low of Rs 662 on the BSE in Monday's intra-day trade

State-owned GAIL declares record interim dividend of 50% for FY22

State-owned gas utility GAIL (India) Ltd has declared a second interim dividend of 50 per cent (Rs 5 per share) for the current fiscal year ending March 31, 2022. The total dividend payout will be Rs 2,220.19 crore with a record date of March 22, the company said in a statement. "The decision (to issue dividend) was taken by the board of directors of GAIL, a Maharatna CPSE under the Ministry of Petroleum & Natural Gas, at their meeting here on March 11," it said. For the current fiscal 2021-22, GAIL has already declared an interim dividend of Rs 4 per share to its shareholders in December 2021. The two interim dividends total to Rs 9 per equity share (90 per cent on the paid-up equity share capital). Total dividend payout is Rs 3,996.35 crore. Manoj Jain, chairman and managing director, GAIL, stated that the company shareholders have been provided with steady long-term returns on their investments. "This is the highest ever dividend payment in terms of total dividend amount by ...

GAIL announces interim dividend of Rs 5 per share for FY22

Natural gas producer and distributor GAIL has announced a second interim dividend of Rs 5 per share for the fiscal year FY22.

GAIL to remain unaffected by Russia-Ukraine conflict, say experts

GAIL handles regassified LNG of around 89 million metric standard cubic metres per day

GAIL to connect Srinagar to gas grid; Mumbai-Nagpur line by May 2023

GAIL will by May 2023 complete a 700-km pipeline from Mumbai to Nagpur, enabling the flow of gas to central India

JM Financial gives 'buy' call for ITC, GAIL, M&M Financial, 6 others

The brokerage and investment firm JM Financial has given a 'buy' call for shares such as ITC, GAIL, Mahindra & Mahindra Financial, Welspun India, Apollo Tyres, Blue Star, V Guard Industries, JK Lakshmi Cement and Somany Ceramics.

Despite strong Q3 results and outlook, GAIL stock yet to fire up

Most analysts are positive about Q3 results and guidance, with target prices ranging between Rs 200 and Rs 250

Sensex snaps 3-day winning run, ends 770 pts down; Nifty tops 17,750

Among sectors, all the key indices ended in the red, led by the Nifty IT index (down 2 per cent) and the Nifty Realty index (down 1.7 per cent). Nifty Auto index was the only gainer, up 0.4 per cent.