GAIL advances net zero emission target to 2035

State-owned gas utility GAIL (India) Ltd on Friday (June 28) said it has advanced the target to achieve net zero carbon emission by five years to 2035 as it takes a multi-prolonged approach to reaching the goal.The company was previously targeting net zero carbon emissions by 2040. “GAIL Board accorded approval to advance its net zero targets for Scope-I and 2 emissions by five years, from the year 2040 to the year 2035,” the company said in a statement.Scope 1 covers emissions from sources…
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Source: https://www.cnbctv18.com/business/companies/gail-advances-net-zero-emission-target-to-2035-19435654.htm/amp

Stock market closing: Nifty, Sensex close the day in red, Dr. Reddy, ONGC shine

Both Sensex and Nifty closed the week in red, as Sensex closed at 79,032.73 points, down by 0.27%, while Nifty closed at 24,010.60 points, down by 0.14%. As for sectoral indices, pharma and oil and gas took the lead, rallying by 1.11% and 1.64%, respectively, during the day. Nifty bank, financial services, and media closed the day in red, while Nifty private banks lost as much as 1.24% today. Dr. Reddy (up by 2.63%), ONGC (up by 2.56%), Reliance (up by 2.18%), SBI Life (up by 1.88%) and Hero…
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Source: https://www.businessinsider.in/stock-market/markets/news/stock-market-closing-nifty-sensex-close-the-day-in-red-dr-reddy-ongc-shine/amp_articleshow/111341586.cms

Monsoonia: Health screening & awareness programme conducted by Yenepoya at IOCL

Media Release
Mangaluru, Jun 27: The National Service Scheme Unit of Yenepoya Research Centre and Yenepoya Medical College Hospital, Yenepoya (Deemed to be University) in association with Indian Oil Corporation Ltd, conducted a health screening camp and awareness programme titled “Monsoonia: Monsoon Wellness Retreat” on June 27 and 28, to mark its commitment towards health and well-being. The event was organized under Scientific Social Responsibility, Department of Science and…
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Source: https://www.daijiworld.com/news/newsDisplay?newsID=1203399

Oil India Appoints Rupam Barua As New CFO

Oil India Limited, a Maharatna Central Public Sector Enterprise (CPSE) under the Government of India, has announced the appointment of Rupam Barua as its new CFO. What Happened: The announcement was made on Friday, June 28, 2024, by the company’s board of directors during a meeting. Barua, who is currently serving as the executive director of finance & accounts, will assume the role of CFO from July 1, 2024. Barua, a veteran in the oil and gas industry, has been with the company since…
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Source: https://in.benzinga.com/content/39543584/oil-india-appoints-rupam-barua-as-new-cfo

Ajit Pawar proposes cut in taxes on diesel & petrol in Mumbai, Thane, Navi Mumbai limits

MUMBAI: Maharashtra Deputy Chief Minister Ajit Pawar, who holds the Finance portfolio, proposed a reduction in taxes on petrol and diesel in the areas of BrihanMumbai Municipal Corporation, Thane and Navi Mumbai as he presented the full budget for 2024-25 on Friday.
This is aimed to bring uniformity in tax on petrol and diesel following representations from petrol pump owners and vehicle owners.
The tax on diesel has been cut from 24 per cent to 21 per cent and on petrol from 26 per cent…
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Source: https://www.punjabnewsexpress.com/national/news/maharashtra-budget-ajit-pawar-proposes-cut-in-taxes-on-diesel-petrol-in-mumbai-thane-navi-mumbai-limits-254309

GAIL India share price Today Live Updates : GAIL India Stocks Surge in Positive Trading Trend

28 Jun 2024, 03:32 PM IST
GAIL India Share Price Today Live:

28 Jun 2024, 03:16 PM IST
GAIL India Share Price Today Live: GAIL India trading at ₹219.1, up 0.55% from yesterday’s ₹217.9
GAIL India Share Price Today Live: GAIL India share price is at ₹219.1 and is still trading between the key support and resistance levels of ₹214.95 and ₹219.8…
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Source: https://www.livemint.com/market/live-blog/gail-india-share-price-today-latest-live-updates-on-28-jun-2024/amp-11719542036968.html

Oil India stock rallies 5%, hits new high ahead of 1:2 bonus; ONGC up 2% | News on Markets

The board of Oil India has fixed Tuesday, July 2, 2024 as record date to determine the eligibility of shareholders to receive bonus shares in the ratio of 1:2.Representative PictureDeepak Korgaonkar Mumbai Shares of Oil India hit a new high of Rs 743.30, as they rallied 5 per cent on the BSE in Friday’s intra-day trade ahead of bonus shares in the ratio of 1:2 i.e. 1 (one) equity share for every 2 (two) existing equity shares held in the company. The board has fixed Tuesday, July 2,…
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Source: https://www.business-standard.com/amp/markets/news/oil-india-stock-rallies-5-hits-new-high-ahead-of-1-2-bonus-ongc-up-2-124062800248_1.html

BPCL subsidiary gets NCLT nod to take over Videocon Oil

Mumbai: A Mumbai bankruptcy court has approved a debt resolution plan given by Bharat PetroResources, a subsidiary of Bharat Petroleum Corp (BPCL) to take over Videocon Oil Ventures (VOVL), upholding Bharat Petro’s right to first refusal as a shareholder in their Brazilian joint venture. The two-judge bench of the NCLT dismissed resolution applicant Petro Rio’s challenge to the committee of creditors’ decision that allowed Bharat Petro to exercise its right of first refusal (RoFR). It noted…
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Source: https://m.economictimes.com/industry/energy/oil-gas/bpcl-subsidiary-gets-nclt-nod-to-take-over-videocon-oil/amp_articleshow/111322561.cms