GAIL

Dividend receipts from CPSEs exceed revised estimates by 26% to ₹63,000 cr

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The Centre’s dividend receipts from CPSEs have exceeded the revised budget estimate by 26 per cent to about ₹63,000 crore, with PSU behemoths like Coal India, ONGC, Powergrid and GAIL making handsome payouts in the current fiscal. The revised estimates of the Budget presented in Parliament on February 1 pegged dividend receipts from CPSEs at … Read more

Mitsui OSK Lines: Steering India’s LNG supply

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The $11-billion Japanese shipping major Mitsui OSK Lines (MOL) owns or operates over 800 vessels of all types, including oil and gas, dry bulk commodities, chemicals, and automobile freight carriers. Ajay Singh, a board member of the 140-year-old MOL, is based in Tokyo and responsible for the group’s businesses in the Indian subcontinent and West … Read more