GAIL Finance Director among ‘Top 50 visionary CFOs in India’
Rakesh Kumar Jain, Director (Finance) at GAIL (India) Limited, has been honored as one of the 'Top 50 Visionary CFOs in India' at the National Economic Growth Summit 2024, held in Mumbai.
Rakesh Kumar Jain, Director (Finance) at GAIL (India) Limited, has been honored as one of the 'Top 50 Visionary CFOs in India' at the National Economic Growth Summit 2024, held in Mumbai.
Government-owned gas giant GAIL (India) Ltd reported revenue from operations of Rs 66,622 crore for the April–September period of the current financial year as compared to Rs 64,050 crore in the same period of 2023-24.
Debasish Nanda, Director (Business Development) CIL and Shri. R K Singhal, Director (Business Development) GAIL inked the JVA on behalf of CIL and GAIL respectively.
Coal India has signed a Joint Venture agreement with GAIL for setting up a Coal to Synthetic Natural Gas plant through the surface coal gasification (SCG) technology route.
In separate filings, the IOC, HPCL, BPCL, GAIL, OIL and MRPL said they have been slapped with a fine of Rs 536,900 each for the fourth quarter. ONGC faced a fine of Rs 182,900.
GAIL’s pipeline network will facilitate the supply of natural gas to 38 lakh domestic households, and CNG to more than 600 stations
The pilot project would help in the creation of a robust standard and regulatory framework in India to cover the aspects of injecting hydrogen into natural gas.
The event was attended and appreciated by the leading steel, aluminium, and chemical manufacturers along with the leading industry bodies such as FICCI, ICC, CII, and UCCI.
It noted that the petrochemical business has shown better performance with more than 100 per cent capacity utilisation.
It stands to get Rs 583.6 crore from the dividend payout and another Rs 541.5 crore if it participates in the buyback by tendering a proportionate number of shares.
