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South Africa s upstream petroleum bill proposes new S

Public to comment on bid for tighter gun controls

Public to comment on bid for tighter gun controls May 14, 2021NEWS The public will soon comment on the Firearms Amendment Bill of 2021, which proposes tighter controls and management of firearms as well as the establishment of the National Firearms Register. In a Cabinet statement released on Thursday, Cabinet said it had approved the publication of the Bill for public comment. “The changes will assist in reducing the number of firearms in private hands and consequently reduce incidents of violent crimes. The Bill also improves the processing, control of firearms and the application system,” Cabinet said. Cabinet also approved the publication of the Protection of Constitutional Democracy Against Terrorist and Related Activities Amendment Bill for public comment.

Broker s call: Gujarat State Petronet (Buy) - The Hindu BusinessLine

Broker s call: Gujarat State Petronet (Buy) | Updated on CMP: ₹285.55 Gujarat State Petroleum has a 54 per cent stake in Gujarat Gas, which amounts to a market capitalisation of ₹19,700 crore, much higher than its m-cap of ₹15,600 crore. Major concerns for the above anomaly have been: a) expected decline in tariffs of GSPL due to over-utilisation of the High Pressure grid, and b) concerns over the usage of cash. Gujarat State Petroleum Corporation (GSPC), the parent company of GSPL with a 37.6 per cent stake, has traditionally been a debt ridden company, raising concerns whether the cash generated by GSPL may be used to reward minority shareholders. GSPC’s tryst with upstream investments has not been successful, resulting in its standalone/consolidated net debt rising to a peak of ₹23,400 crore/₹27,700 crore in FY17. As a result of better profitability from subsidiaries/JVs and lack of continued capex in upstream, consolidated net debt has reduced from a peak of ₹26

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