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GAIL Receives Maharatna Status

| 5/2/2013 9:00 PM Thursday

GAIL

Receives ‘Maharatna’ Status

GAIL (India), the country’s largest natural gas company, has received ‘Maharatna’ status. The Certificate of Recognition was presented by Shri Pranab Mukherjee, Honorable President of India to Shri B C Tripathi, Chairman & Managing Director, GAIL (India). The company is the youngest among the seven PSUs to be accorded ‘Maharatna’ status. This is the latest in the series of recognitions received by the company. In the recent past, the company has been recognised as Asia’s Number One Gas Utility and the world’s Number One downstream company apart from winning consistent excellence awards for MoU performance.

BHEL

Bags Rs 4051 Crore Contract From OPGC

Bharat Heavy Electricals (BHEL) has bagged a Rs 4051 crore contract from the state-controlled Odisha Power Generation Corporation for the supply of equipments and erection of the main plant of 1320 MW capacity expansion pursued by the thermal power producer. The contract involves the supply of boilers, turbines and generators for the main plant at an all inclusive firm price of Rs 3748.94 crore and the erection of the main plant at Rs 302.06 crore. The contract agreement was executed by Venkatachalam Kuppusami, managing director of OPGC and V Venkatakrishnan, General Manager (marketing) of BHEL in the presence of Energy Minister Arun Sahu and J K Mohapatra, Additional Chief Secretary.

ONGC

In Talks With Shell Over Joint Indian Projects

Shell has been in talks with Indian state-owned Oil and Natural Gas Corporation over potential investment opportunities in India as a part of moves to expand its foothold in the fast-growing energy importing country. The companies are considering a deal to set up a new, world-class refinery complex on India’s west coast and expand their retail fuel business, according to the report.

 

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DSIJ Mindshare

Index trend and stocks in action June 17, 2019

Karan DSIJ / Article rating: 5.0

In case Nifty falls below the level of 11,770, it may test the 11,600 mark in the near term. To move upside, the bulls need to move above the 20-DMA once again and sustain for at least two to three days. Only then, the bulls will gain confidence. Stocks in news: BHEL, Elecon Engineering Company, PG Electroplast, FDC, Divi’s Laboratories, Symphony, Coromandel International, Voltas.

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Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

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Best and worst Performing Sector Funds of Year 2017

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Bank Nifty drags markets to close in the red

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Ten stocks close to their 52-week low

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Following stocks are close to their 52-week low as at 12.35 p.m. on December 27.

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Five stocks with selling interest

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Overall volumes in futures & options currently stand at 62.75 lakh contracts with a turnover of Rs. 5,19,204.72 crore.