The company plans to utilise the proceeds from these bonds to partly meet debt requirements of ongoing and under construction projects, including recoupment of expenditure already incurred, and to refinance the existing loans, according to the issuer manual of the company.
GAIL India has reported a 51.5% YoY drop in net profit largely due to weak earnings in the petrochemicals business and gas marketing. Despite this, the company s QoQ net profit more than doubled compared to Q1 2023, largely due to increased gas marketing and transmission volumes, leading to an increased tariff realisation.
With the enterprise demand driving more SaaS (Software as a Service) and IaaS (Infra-structure as a Service) applications, data center continuity has never been more critical.
Jun. 28—MUMBAI — In a major relief for BSE, rival National Stock Exchange (NSE) of India Ltd on Tuesday withdrew its decision to shift Bank Nifty futures and options (F&O)