Page 8 - Gail

GAIL to invest over Rs 45,000 cr to create infra for gas-based economy

GAIL currently operates 12,160-km of pipeline network and markets two-thirds of all-natural gas sold in the country

GAIL ferries imported LNG in trucks over 1,700 km to fuel demand in east

LNG is environment-friendly natural gas turned into liquid at minus 160-degree Celsius for ease of transportation in ships and truck

Stock recommendation from Prabhudas Lilladher: Buy Dr Reddy's, GAIL

The stock of Dr. Reddy's has been on a gradual rise with positive indicators supporting the momentum and currently has given a breakout above the previous peak of 3,000

AGR: No demand yet on GAIL, PowerGrid; Airtel, Voda Idea mull curative plea

An assessment put GAIL liability at Rs 1.72 trillion and that of PowerGrid at Rs 21,000 crore

GAIL gets nod to raise Rs 1,500 cr to fund pipeline capacity expansion

The company plans to raise funds through domestic bonds in one or more tranches in the next six months

Irrational demand

Licence-linked dues from non-telcos should be reviewed

Centre approves Rs 5,600-cr for 1,656 km-long North East Gas Grid

The eight states are Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura

India's judiciary needs a crash course in economics

Supreme Court judgement asking GAIL to pay pay around Rs 1,72, 000 crore to the telecom department shows judges must know the imperatives of economics.

DoT seeks Rs 1.72 trillion in past statutory dues from GAIL after SC ruling

Sources said the dues being sought are more than three times the networth of GAIL and several times the actual revenue earned.

GAIL: Prospects led by gas transmission, distribution segment remain good

Analysts believe AGR demand is untenable, while growth prospects led by gas transmission and distribution segment remain good and valuations attractive

GAIL, GETCO move NCLT seeking rejection of ArcelorMittal's Essar Steel bid

Aggrieved by ArcelorMittal's resolution plan, GAIL and GETCO filed separate interlocutory applications in the Ahmedabad-bench of NCLT

Today's picks: GAIL to Tata Steel, hot stocks to watch on Wednesday

Tata Steel , GAIL, ITC, NIFTY

Essar Steel, Adani, GAIL, HPCL buy bulk of gas from Reliance' newer fields

Essar Steel, Adani Group and state-owned GAIL have bought majority of natural gas from Reliance Industries' newer fields in the KG-D6 block at an indicative price of $5.04 - 5.16 per unit, industry so

GAIL's gas trading business disappoints in Q2, but recovery hopes alive

Though margins fell in the September quarter, analysts expect a recovery and remain positive on volume growth outlook

GAIL loses steam as financial, operational challenges tapers growth

Concerns over placement of the high-priced US gas contracts remain, even though GAIL has consistently met with success in placing them and reporting good numbers

GAIL in two minds over govt's plan to split gas pipeline business

The government plans to unbundle the pipeline company into two to avoid conflict-of-interest issues but the state-owned major wants to retain control of both businesses

Essar plans to ramp up CBM production as GAIL pipeline nears completion

The Raniganj coal block is India's most prolific coal-bed methane block that has already achieved daily gas production of more than 1 million scmd

India is likely to set up gas trading hub by first quarter of 2020-21

The Narendra Modi government is looking into a plan to unbundle the gas transmission and marketing business of GAIL

Today's picks: From Gail to Infosys, hot stocks to watch on Tuesday

For Infosys keep a stop at 772 and go long. Add to the position between 787-780. Book profits at 782.

Govt mulls spinning off GAIL's gas pipeline business into a separate unit

The plan to carve the pipelines business into a fully-owned unit will bring greater transparency between the two businesses and may allow govt to sell shares at a later date