Sandeep Kumar Gupta, CMD of GAIL (India), discusses the proposed Rs 20 per MMBTU tariff increase, which could generate Rs 3,400 crore annually. He highlights infrastructure developments, including new pipelines and their benefits. Gupta also outlines plans to diversify GAIL’s product mix and the company’s focus on reaching net zero emissions by 2035 with significant future capex.
West Asia tensions rattle capital goods stocks; L&T, KEC slide
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen