ONGC, Oil India, IOC shares rise up to 2% as govt scraps windfall tax on domestic crude
The central government on Tuesday cut the windfall tax on domestically produced crude oil to ‘nil’ per tonne with effect from September 18.
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Gautam Adani’s Infra Bet Pays Off
Adani Group chairman balances core sector investment and deleveraging following the Hindenburg meltdown.
Adani Total Gas FY24 profit surges 23% at ₹653 cr; revenue up 3%
For FY24, EBITDA stood at ₹1,150 crore, a growth of 27% YoY, driven by higher volume and opex optimisation.
Adani Total Gas starts production at Barsana biogas project; stock jumps 8%
Adani TotalEnergies Biomass, a subsidiary of Adani Total Gas, has begun operations at phase 1 of its Barsana Biogas Plant, located in UP.
All Adani stocks in red on report of U.S. probe; Adani Total Gas, Adani Energy top losers
Adani group stocks fell in the range of 2-8% amid a report that the U.S. government widened its probe against the conglomerate over suspicions of bribery.
Oil stocks tank up to 8% after cut in petrol, diesel prices; HPCL, BPCL, IOCL, GAIL, ONGC lead fall
OMCs have slashed petrol and diesel prices across the country by ₹2 per litre for the first time in two years since April 2022.
City gas distributors' shares tank up to 17%; MGL, IGL, Gujarat Gas lead fall
Mahanagar Gas on Tuesday cut CNG prices by ₹2.5 per kg to ₹73.50 per kg, citing dip in gas input costs.
Adani Total Gas teams up with INOXCVA for LNG delivery; stock rises
ATGL and INOXCVA will mutually accord a “preferred partner” status for the delivery of LNG and LCNG equipment and services.
Adani Total to blend green hydrogen with natural gas
The pilot project is expected to be commissioned by the first quarter of 2024-25.
Adani stocks surge up to 20% after SC hearing; m-cap crosses ₹11 lakh cr mark
Adani Total Gas shares touched its 20% upper circuit limit, while Adani Energy Solutions, Adani Power, Adani Enterprises, NDTV, Adani Green rose between 10-19%.
