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Big relief as Mumbai CNG supply restored after 2-day disruption

In a relief to lakhs of motorists in Mumbai and its adjoining areas, the supply of CNG to the Mahanagar Gas Limited's key entry point at Wadala in the city was restored on Tuesday afternoon, two...

'India Must Read Gail Omvedt's Writings'

'After Ambedkar, Dr Gail was the only writer who wrote critically on caste issues.' Dr Gail Omvedt, the legendary commentator on Dalit and caste issues, passed into the ages on Wednesday, August...

Higher volume, profitability gains for GAIL India

GAIL India’s second quarter (Q2FY25) performance met expectations. Photograph: Adnan Abidi/Reuters Petchem turned profitable on higher volumes, and trading revenues were in-line. Analysts...

GAIL India net profit drops 10%

State-owned gas utility GAIL India Ltd on Friday reported 10 per cent drop in net profit for the July-September quarter on the back of higher fuel subsidy outgo as well as fall in gas transmission...

GAIL India to give Rs 500 cr to its subsidiary

GAIL Gas Ltd said on Tuesday its parent company GAIL India would give Rs 500 crore (Rs 5 billion) for funding its four ongoing city gas projects in the country. "The company came into existence...

GAIL India to buy gas from ONGC at $5.5/mmBtu

GAIL India Ltd will buy gas from Oil and Natural Gas Corporation'snew field to come on production in Mumbai offshore from next month at $5.5 per million British thermal unit. "We will buy gas from...

ONGC Q1 net profit drops 10% on lower oil prices

State-owned Oil and Natural Gas Corporation (ONGC) has reported a 10 per cent decline in its June quarter net profit on lower oil prices and stagnant production from its aging fields. Photograph:...