[ad_1] State-owned gas utility GAIL India Ltd on Tuesday (April 8) said it has incorporated a wholly owned subsidiary, GAIL Global IFSC Limited, at the International Financial Services Centre (IFSC) within Gujarat International Finance Tec-City (GIFT City). The new entity has been established with an authorised share capital of ₹17 crore and an initial paid-up […]
GAIL reaches $285-million settlement with SEFE Marketing, to withdraw case in London – CNBC TV18
[ad_1] State-owned gas utility GAIL (India) Ltd on Wednesday (January 15) announced a settlement agreement with SEFE Marketing & Trading Singapore Pte Ltd in connection with pending arbitration proceedings. Company Value Change %Change The settlement, finalised today, involves SEFE Marketing paying $285 million to GAIL (India), marking a resolution to the dispute. The agreement also […]
GAIL signs long-term charter contract with “K” Line for LNG ship – CNBC TV18
[ad_1] State-owned gas utility GAIL (India) Ltd on Friday (November 29) said it has entered into a long-term time charter contract with Kawasaki Kisen Kaisha Ltd (“K” LINE) for a newly built LNG ship. The agreement, facilitated through a Singapore-based ship-owning company, is part of GAIL’s strategy to expand its fleet of LNG carriers and […]
GAIL Q2 net profit tops estimates, rises 9% to ₹2,672 crore; revenue up 3% – CNBC TV18
[ad_1] State-owned gas utility GAIL (India) Ltd on Tuesday (November 5) reported a 9.41% year-on-year (YoY) increase in net profit at ₹2,672 crore for the second quarter that ended on September 30, 2024. In the corresponding quarter of the previous fiscal, GAIL (India) posted a net profit of ₹2,442.18 crore, the company said in a […]
GAIL Q1 Results | Net profit spikes 93% to ₹2,724 crore, beats estimates – CNBC TV18
[ad_1] State-owned gas utility GAIL (India) Ltd on Tuesday (July 30) reported a 92.9% year-on-year (YoY) jump in standalone net profit at ₹2,724 crore for the first quarter that ended June 30, 2024. In the corresponding quarter, GAIL (India) posted a net profit of ₹1,412 crore, the company said in a regulatory filing. The CNBC-TV18 […]