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Norway sovereign wealth fund excludes GAIL over Myanmar link

Infrastructure

28 April, 2023

Norway sovereign wealth fund excludes GAIL over Myanmar link

The Norwegian central bank on Thursday excluded two oil and gas companies from its $1.4-trillion wealth fund, the world's largest, ......

Grapevine: GAIL eyes stake in IGX; Axis Bank's proposed Max Life deal under lens

General

26 June, 2020

Grapevine: GAIL eyes stake in IGX; Axis Bank's proposed Max Life deal under lens

State-owned GAIL (India) Ltd plans to acquire close to 26% stake as a promoter in India’s first natural gas exchange ......

Electric vehicles maker Pi Beam raises bridge funding from GAIL

Manufacturing

10 December, 2019

Electric vehicles maker Pi Beam raises bridge funding from GAIL

Pi Beam Labs Pvt. Ltd, which builds affordable electric utility vehicles, has raised Rs 5 crore ($705,000 at current exchange ......

Grapevine: Duracell to buy Eveready biz; WestBridge may take control of Fogg deo maker

General

09 September, 2019

Grapevine: Duracell to buy Eveready biz; WestBridge may take control of Fogg deo maker

Duracell Inc. is set to acquire Eveready Industries India Ltd’s battery and flashlight business for up to Rs 1,700 crore ......

India plans to open up gas distribution market to lure private firms, investments

Infrastructure

16 July, 2019

India plans to open up gas distribution market to lure private firms, investments

The Indian government will introduce rules in six months that could lead to the phase-out of monopolies controlled by natural ......

IL&FS set to sell wind energy assets to GAIL for $689 mn

Infrastructure

22 April, 2019

IL&FS set to sell wind energy assets to GAIL for $689 mn

State-run GAIL (India) Ltd has emerged as the highest bidder to buy seven operating wind energy assets of the financially ......

Snapdeal in talks to acquire ShopClues; Canadian funds, Piramal eye GIP road portfolio

General

09 April, 2019

Snapdeal in talks to acquire ShopClues; Canadian funds, Piramal eye GIP road portfolio

Online retailer Snapdeal is in talks to acquire rival ShopClues, two media reports said. Citing a source familiar with the negotiations, ......

GAIL might acquire some wind energy assets of IL&FS

Infrastructure

16 November, 2018

GAIL might acquire some wind energy assets of IL&FS

Gas utility GAIL (India) Ltd might be interested in buying some of the wind assets of debt-laden Infrastructure Leasing and ......

Indian Oil says willing to acquire GAIL or Oil India

Manufacturing

09 October, 2017

Indian Oil says willing to acquire GAIL or Oil India

Indian Oil Corp is willing to buy state-owned GAIL (India) Ltd or Oil India Ltd, the company’s head of finance, ......