GAIL (India) Ltd (GAIL.BO)
23 Sep 2016
NEW DELHI India's biggest refiner Indian Oil Corp Ltd and gas transporter Gail (India) Ltd will buy a combined 49 percent stake in a liquefied natural gas (LNG) terminal being built in the eastern state of Odisha.
NEW DELHI, Sept 21 India's biggest refiner Indian Oil Corp Ltd and gas transporter Gail (India) Ltd will buy a combined 49 percent stake in a liquefied natural gas (LNG) terminal being built in the eastern state of Odisha.
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_07132016.pdf FACTORS TO WATCH 10:30 am: Federal cabinet likely to meet in New Delhi. 11:30 am: Axis Bank Chief Executive Shikha Sharma briefs media on the launch of a new initiative in Mumbai. 11:30 am: India Ratings briefs media after publishing a special report on consolidation of state-run banks in Mumbai. GMF: GMF ASIA LIVECHAT - MARKETS A
* Shares drop 3 percent (Adds CEO comments on dividend, phosphate, Europe)
Canada's Potash Corp of Saskatchewan , the world's biggest fertilizer company by capacity, cut its full-year profit forecast due to weak demand and lower prices on Thursday, raising concerns of another dividend cut.
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