GAIL (India) Ltd. - Samachar Central

Stocks to Watch: Adani Power, Ambuja Cements, Nykaa, Zomato, Hindalco, and more

2024-08-23 11:09 AM

Here’s a quick look at stocks likely to be in focus in today’s trade. Adani Power: Adani Power has announced that the Hyderabad bench of the National Company Law Tribunal (NCLT) has approved its plan to acquire Lanco Amarkantak Power Ltd (LAPL). The acquisition involves an upfront payment of ₹4,101 crore. LAPL is currently undergoing …

GAIL Files $1.8 Billion Arbitration Claim Against SEFE Unit In London

2023-12-02 06:44 AM

GAIL Files .8 Billion Arbitration Claim Against SEFE Unit In London

The litigation is related to the non-supply of LNG cargoes to GAIL under a long-term contract, the company said in its exchange filing on Friday. The quantum of claims is up to $1.8 billion and alternative reliefs include non-monetary reliefs, the public sector natural gas distributor said. SEFE Marketing and Trading Singapore (erstwhile Gazprom Marketing …