GAIL India

GAIL Shares Decline Over 4% After Q3 Earnings

Consolidated net profit of Rs 397.59 crore in October-December 2022 as compared with Rs 3,800.09 crore earnings in the same period a year back, according to the company's stock exchange filing.

Jan 30, 2023, 20:11 PM IST

Aditya Birla Capital, GAIL among top 10 stocks to 'buy' in 2022: HDFC Securities

HDFC Securities has given a 'buy' call ten stocks.  

Dec 25, 2021, 17:08 PM IST

ONGC keen to acquire GAIL’s pipeline business: Sources

If the deal comes through, it will enable ONGC to emerge as one of the largest integrated public sector oil and gas company.

Jan 24, 2018, 14:50 PM IST

RIL outbids GAIL to buy all its own CBM gas

In the latest bidding for up to 3 million standard cubic metres per day (mmscmd) of gas to be produced during October 2017 and March 2021, RIL quoted USD 6.26 per mmBtu at the current oil price, according to bid documents.

Sep 28, 2017, 12:59 PM IST

GAIL extends bidding deadline for USD 7-billion LNG carriers

State gas utility GAIL India has extended last date of bidding for its USD-7 billion tender for hiring nine newly built ships for ferrying LNG from the US by over two months to allow Indian shipyards to tie up technology for building the specialised vessels.

Dec 22, 2015, 18:43 PM IST

GAIL in talks with Iran to revive decade-old LNG deal

State-run gas utility GAIL India Ltd has begun talks with Iran to revive a decade-old USD 22 billion LNG supply contract, the cheapest deal ever struck by an Indian firm.

Aug 23, 2015, 16:16 PM IST

GAIL to hold stake in TAPI as global firms shun 4-nation project

The four nations planning the TAPI pipeline last week decided to co-own the project and a joint venture company with participation from each country would be set up to build and operate the over 1,800 line.

Aug 10, 2015, 18:16 PM IST

Govt mulls selling 3% stake in GAIL to raise Rs 1,800 crore

The government plans to sell 3 percent stake in state-owned gas utility GAIL India which could fetch over Rs 1,300 crore to the exchequer.

Aug 04, 2015, 15:14 PM IST

GAIL to swap US LNG, issue tender next month

State-owned gas utility GAIL India plans to swap over one-third of the liquefied natural gas (LNG) it has contracted from US with a gas seller nearer to India to save on transportation costs.

Jul 17, 2015, 13:32 PM IST

GAIL reports in 53% drop in Q4 profit

State-owned gas utility GAIL India Wednesday reported a 53 percent drop in March quarter net profit as it sold less gas.

May 27, 2015, 20:57 PM IST

NTPC, Lanco quote winning Rs 1.42/unit bid in subsidy auction

NTPC and Lanco were among the three companies which quoted the lowest bid of Rs 1.42 per unit for availing of subsidy on imported gas to run 14 stranded power projects across the country, in the first ever auction that saw fierce bidding.

May 13, 2015, 00:14 AM IST

GAIL drops plan to set up LNG terminal at Paradip

GAIL India, the nation's largest natural gas distributor, has dropped plans to set up a Rs 3,108 crore floating LNG import terminal at Paradip in Odisha.

Mar 03, 2015, 18:05 PM IST

GAIL net profit drops 64%

The profit was impacted by "lower off take of long-term contracted LNG by power and fertiliser plants," it said.

Feb 06, 2015, 17:59 PM IST

RIL seeks interest on gas payments

Reliance Industries has sought interest on USD 1.41 a unit that buyers of its KG-D6 gas are paying into a gas pool account operated by GAIL India, saying the state-run firm ought to invest the amount due to RIL in good interest-bearing instruments.

Nov 25, 2014, 16:22 PM IST

2 JVs to be formed for revival of Talcher urea plant in Odisha

The plant will have a capacity of 1.2 million tonnes per annum.

Aug 19, 2014, 16:02 PM IST