GAIL (India), the state-owned gas utility is planning to acquire Ophir Energy’s 10% stake in gas blocks in Tanzania. The company is ready to buy part of Ophir Energy Plc’s remaining 20% stake in blocks 1, 3 and 4, which hold an estimated 15 trillion cubic feet of gas reserve. The company had put a […]
Dalal Street continues to be strong as the Sensex is up 427.53 points or 1.6 percent at 26391.50. The Nifty gains 129.35 points or 1.6 percent at 8028.50. About 1601 shares have advanced, 466 shares declined, and 80 shares are unchanged. Axis Bank, ICICI Bank, M&M, HDFC Bank and SBI are top gainers while Tata […]
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