Page 5 - Gail

GAIL proposes two pipelines to be monetised via InvIT, awaits Centre's nod

Company says it incurred a capex of Rs 5,000 crore on these two pipelines, silent on project names

Top headlines: GAIL Q4 net jumps 28%; heavy rains leave Mumbai waterlogged

Business Standard brings you the top news of the evening

GAIL split plan scrapped, company to monetise pipelines instead

The company will monetise some of its pipelines by selling a minority stake through InvIT

Top headlines: GAIL to begin asset monetisation; states cut vaccine wastage

From GAIL set to kick off asset monetisation in oil sector by end of 2021-22 to centre targetting global majors for semiconductor fabrication plants, here are top headlines this morning

GAIL set to kick off asset monetisation in oil sector by end of 2021-22

InvIT to be floated by the end of next fiscal year

Oil & Gas shares rally; ONGC, Gail surge up to 7%, hit 52-week highs

The recent rebound in crude oil prices has been driven by gradual recovery in global economy and thereby, improving demand for crude oil even as it remains below pre-Covid levels

NTPC inks pact to buy GAIL's 25.1% stake in Ratnagiri Gas and Power

Ratnagiri Gas and Power Pvt Ltd is commonly known as Dabhol project

Sensex slips for 3rd day, drops 379 pts, Nifty defends 15,100; ONGC up 8%

Sectorally, the Nifty PSU Bank index jumped another 5.6 per cent today, while the Nifty CPSE and Energy indices settled up to 4 per cent higher

GAIL buyback offer to open for 6,97,56,641 fully paid-up equity on Feb 25

The funds for the buyback will be met out of internally-generated cash resources of the company, it added

Stocks to watch: Bharti Airtel, IndiaMart, Dish TV, GAIL, Ambuja Cements

Dish TV's board, on Wednesday, approved raising funds of up to Rs 1,000 crore

GAIL India Q3 consolidated net falls 6.5% to Rs 1,897 cr on tepid gas biz

Lower profit due to decline in natural gas marketing business

GAIL expects to end sales of its US-sourced LNG locally from 2023

By Nidhi Verma

GAIL bifurcation plan put on hold; firm to monetise pipelines through InvIT

The Oil Ministry has put on hold a plan to bifurcate state-owned gas utility GAIL (India) Ltd so as not to dilute the firm's ability to finance the massive infrastructure building plan

State-owned GAIL plans to launch pipeline InvIT before company split

State-owned gas utility GAIL (India) Ltd plans to launch an InvIT of its two gas pipelines between Dahej and Bengaluru

Nifty rejig: This Tata Group firm could replace GAIL in next review

The index is reconstituted semi-annually, considering six months data ending January and July

Sensex up 248 pts at 49,517; Nifty at 14,563; SBI, Airtel soar 4%, RIL 3%

Stock market updates: Nifty PSU Bank index surged over 6 per cent and was the top sectoral gainer

Stocks to watch: GAIL, Tata Motors, Dishman Carbogen, DRL, Karnataka Bank

Jaguar Land Rover's retail sales fell 9 per cent YoY to 1,28,469 units in the October-December quarter

GAIL to consider share buyback, dividend on January 15

GAIL (India) Ltd, the nation's largest gas distribution firm, will on Friday consider buyback of shares with a view to returning surplus cash to shareholders, the biggest being the Government of India

ONGC, GAIL: Three stocks that Nilesh Jain of Anand Rathi is bullish on

The momentum indicators and oscillators in GAIL (India) stock are in the buy mode on the weekly scales

Gail rallies 18% in 3 days after PNGRB simplifies gas pipeline tariff

In the past one month, the stock has surged 42 per cent as against 12 per cent rise in the S&P BSE Sensex