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GAIL India News
Gail India's net profit clocks three-folds jump yoy to Rs 1335 crore
Wed, Sep 07, 2016
Largest gas transmission company - Gail India's net profit for the June quarter ended 2016 (Q1FY17), recorded three-folds jump on the back of robust other income.
Urban India to gain from Gail-Bloom Energy partnership; shares up 2%
Tue, Aug 23, 2016
Minister of State for petroleum and natural gas, Dharmendra Pradhan said,"The biggest beneficiary of this MoU will be urban India as it will significantly decrease pollution caused by back up power."
Mahanagar Gas gets oversubscribed by 1.08 times on 1st day
Wed, Jun 22, 2016
In the data, Qualified institutional buyers (QIB) recorded bid of around 89,07,395 which 1.82 times from 48,98,900 shares offered. The Non-institutional investors managed to withdraw around 23% of the reserved shares.
Mahanagar Gas IPO opens today; should you subscribe?
Tue, Jun 21, 2016
Mahanagar Gas Limited (MGL) is the sole distributor of Compressed National Gar (CNG) & Piped Natural Gas (PNG) in Mumbai, its adjoining areas and Raigad district (Maharashtra). The company has a supply network of over 4,646 km of pipelines, which involves 4,231 km of polyethylene pipeline and 415 km of steel pipeline as of FY16.