GAIL reports 46% Q3 profit at Rs 983 crores

The company's net profit for the first nine months of the current fiscal saw a 133% increase over the corresponding period last year, with the PAT increasing to Rs 3,243 crore from Rs.1,394 crore.

GAIL reports 46% Q3 profit at Rs 983 crores

State-owned gas utility GAIL India Ltd today reported 46 per cent rise in its third quarter net profit on back of turnaround in petrochemical business.

NHPC Ltd fixes Feb 20 as record date for share buyback

The board of directors had approved the proposal for buyback of fully-paid shares from all shareholders not exceeding 10% of the paid-up equity capital and free reserves as on March 31, 2016, at a meeting held on February 7, 2017.

NHPC Ltd fixes Feb 20 as record date for share buyback

State-run hydro power company, NHPC Ltd informed the exchanges on Friday that it has fixed February 20 as record date for Rs. 2,616.59-crore share buyback offer. NHPC’s board has approved a proposal to buy back shares not exceeding 81.13 crore representing 7.33% of total shares at Rs 32.25 for a consideration of Rs. 2,616.59 crore.