GAIL India

GAIL sees gas sales returning to pre-COVID-19 levels by quarter end

Demand fell by as much as 70 per cent but after unlock and lifting of restrictions, it has come back to 72-80 per cent.

published on : 20th August 2020

Fitch affirms 'BBB-' rating at GAIL, outlook negative

"Fitch rates GAIL as an integrated utility, considering its presence in both gas transportation and marketing along with petrochemical and liquid-hydrocarbon businesses," the statement said.

published on : 29th June 2020

Ready to start project execution post COVID-19 lockdown: GAIL India

Detailed SOPs / protocols have also been devised for ensuring hygiene and social distancing norms and promoting use of masks at the project sites and work stations.

published on : 18th April 2020

Government detaches GAIL, Oil India, other PSUs from telecom companies' AGR case

The Department of Telecommunications had sought Rs 1.83 lakh crore from GAIL and Rs 48,489 crore from OIL by including their revenues from oil and gas business in calculating dues.

published on : 4th March 2020

GAIL posts 20 per cent rise in March quarter profit, shareholders to get 1:1 bonus

Revenue rose to Rs 18,763.87 crore in the fourth quarter of the 2018-19 fiscal year when compared with Rs 15,430.69 crore net profit in the year-ago period.

published on : 27th May 2019

GAIL signs Rs 2,000 crore loan agreement with SBI 

The loan is for a 15-year tenure, the company said in a statement without saying what interest rate it would pay on the borrowing.

published on : 1st May 2018