Supply from Gazprom to commence shortly: GAIL
Mon, Jan 30, 2023 10:34 PM

Supply from Gazprom to commence shortly: GAIL

A Flip by Shubhra
Get it on Google Play
GAIL (India) today reported that it is in discussions with Gazprom Marketing and Trading Singapore (GMTS) about the natural gas supply. The country's largest gas distributor further announced that the natural gas supply from GMTS is likely to commence shortly. GAIL logged a 92% YoY fall in Q3 PAT to Rs 245 crore due to lower gas sales owing to supply disruptions from Gazprom.

More great flips

Hospital stocks slump after SC threatens to apply CGHS rates!

Hospital stocks slump after SC threatens to apply CGHS rates!

Shares of hospital chains, namely, Apollo Hospitals, Fortis Healthcare, Global Health and Max Healthcare slumped 2-7% after the SC warned of applying CGHS rates for treatment services at private healthcare facilities. The court criticized the government over its failure in specifying the range of rates within which private hospitals and clinical establishments can charge for treatment services.

Open Flip
RBI imposes monetary penalty on two co-operative banks for rule violations

RBI imposes monetary penalty on two co-operative banks for rule violations

RBI on February 29 said it has imposed monetary penalty on 2 co-operative banks for rule violations. These banks are Noble Co-operative Bank Limited and Adarsh Mahila Co-operative Bank Limited, which were penalised Rs 5 lakh each by the central bank. Adarsh Mahila Co-operative Bank was penalised as the bank had sanctioned a loan where a relative of one of the directors of the bank was interested.

Open Flip
Cabinet approves Nutrient Based Subsidy rates for Kharif season 2024

Cabinet approves Nutrient Based Subsidy rates for Kharif season 2024

The Union Cabinet on February 29 approved the proposal to fix the NBS rates for kharif season, 2024 (from 01.04.2024 to 30.09.2024) on Phosphatic and Potassic (P&K) fertilizers and inclusion of 3 new fertilizer grades under NBS scheme. The tentative budgetary requirement for Kharif season 2024 would be approximately Rs.24,420 crore, announced Union Minister Anurag Thakur.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon