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gail turns to short-term and spot deals for lng to meet rising demand




indian gas utility gail (india) has switched its focus to short-term and spot deals for the purchase of liquefied natural gas (lng) to meet rising demand and hedge against price volatility, its chairman said. the move from longer-term deals comes as india builds infrastructure, including pipelines a...



gail signs rs 20 bn loan agreement with sbi to meet capex requirement




state-owned gas utility gail india on tuesday said it has borrowed rs 20 billion loan from state bank of india (sbi) to meet its general capital expenditure requirement. the loan is for a 15-year tenure, the company said in a statement without saying what interest rate it would pay on the borrowing....



discoms likely to consider ppas as short-term power rates rise




the price of one unit of power sold in the spot market has jumped over 50 per cent over a year ago. this implies an increase in demand and input cost. it may also be an early indicator for state distribution companies (discoms) to consider long-term options for power procurement. as the cost of shor...



coal stocks at power plants down to six days




coal stocks at power plants across the country have declined to a point where they can meet the requirement for an average of only six days. close to 70 plants have enough stocks to see them out for just three days. coal stock indicates the slowing down of supply as the plants need to maintain a thr...



it's time to move primarily into short-term funds




with the benchmark 10-year government bond yield rising above 7%, the larger part of your debt portfolio should be in short-term funds having a sound credit profile



after good q2, second half may be better for gail




the street’s confidence on gail should firm up further following its strong all-round performance in the september quarter (q2) and a healthy outlook. gail has continued to see improvement in profitability over the past year, which has pushed up its share price. though concerns on higher-priced (t...



ongc to go for bridge loan to fund hpcl deal




oil and natural gas corporation (ongc) is likely to take a short-term bridge loan for about one year to fund the acquisition of the government’s stake in hindustan petroleum corporation (hpcl).ongc has already lined up plans to sell its stake in indian oil corporation (ioc) and gail (india) and ha...



ongc to raise rs 181 bn from three banks to finance hpcl acquisition




oil and natural gas corporation (ongc) will raise nearly rs 181 billion in debt to meet its funding requirement for acquisition of hindustan petroleum corporation. ongc has a funding requirement rs 369.15 billion for buying government’s 51.2 per cent stake in the country's second-largest petroleum...



much optimism on gas demand; consumption to zoom in the near term




one more terminal for import of liquefied natural gas (lng) was inaugurated last week. at first glance, one wonders why. for, the country’s demand is currently far behind the capacity to supply. pipeline utilisation of state-run gail india is a mere 40-45 per cent; it is having a problem finding f...



india to import 1st cargo of lng from russia under long term deal tomorrow




india will on monday import its first ever cargo of lng from russia under a long-term deal as the world's fourth-largest buyer of liquefied natural gas (lng) diversifies its import basket to meet its vast energy needs.state-owned gas utility gail india ltd will bring the shipload of lng from gazprom...



air india seeks rs 1,500 cr short-term loans to meet working capital needs




disinvestment-bound air india has sought proposals for short term loans worth rs 1,500 crore to meet "urgent" working capital needs, according to a document.this is the second time in little over a month that the flagship carrier has floated tenders for short tenure loans even as the government is w...



how top chef's gail simmons saved (and splurged!) on groceries in one week — sho




"grocery budgets are easy to stick to," said no one ever. there's always the temptation of some expensive gooey cheese, a super-nice cut of steak, or even the little indulgences that somehow add up. for top chef's gail simmons, her budget buster could easily become a fancy yogurt she just found out ...



longmont city council holds off vote on ordinance regulating short-term rentals




longmont's city council held off tuesday night on voting on an ordinance that would legalize the practice of homeowners renting all or parts of their residences to visitors staying there for short periods of time.several council members suggested they would like to see more restrictions on how many ...



sensex turns flat, nifty a tad below 8,900; gail top gainer




si reporter  |  new delhi  march 3, 2017 last updated at 14:39 ist



how to find a suburb with strong growth potential




when it comes to choosing a suburb with good growth potential, hollywood’s two most famous toms provide an appropriate analogy.if you’re looking at a tom cruise suburb, you’re looking at what’s commonly called a hot spot: a locale that burns brightly for a few years (think marriages to mimi...



plaka and exarchia top airbnb chart | business




the historic center of athens and the neighborhoods of exarchia, koukaki and neos cosmos are the areas with the greatest concentration of apartments available for short-term lettings in the greek capital on airbnb, according to data compiled by the independent monitoring service inside airbnb, which...



how to find a suburb with strong growth potential




when it comes to choosing a suburb with good growth potential, hollywood’s two most famous toms provide an appropriate analogy.if you’re looking at a tom cruise suburb, you’re looking at what’s commonly called a hot spot: a locale that burns brightly for a few years (think marriages to mimi...



gail to bring gazprom lng to india next month at reduced prices




india is set to bring its first liquefied natural gas (lng) cargo from gazprom in may, after the russian company and gail (india) agreed to bring down prices based on a new formula in the month of january. the company is also planning to bring at least 80 cargoes of us lng during the current fiscal....



bumpy road ahead for carmakers as retail demand turns sluggish




the road ahead for carmakers could get slippery as retail demand grows sluggish, thanks to the combined effect of rising fuel prices, firming up of interest rates, and price increase by manufacturers. despite a double-digit increase in wholesale (dispatches to dealerships) last month, companies are ...



long-term states of mind can affect short-term financial decisions




imagine you are receiving a refund payment from the federal government. are you going to spend it right away or save the money? is that decision based on your short-term finances? or does it hinge on whether you identify yourself as a "spender" or a "saver" more generally?



japan's new 'airbnb law': a double-edged sword




there will likely be strong demand for short term rentals during the 2020 olympics in tokyorental platforms like airbnb are hoping for a boost from a new law coming into force next month in japan ahead of an expected surge in demand for the 2020 olympics, but experts warn it could actually hamper bu...



seattle imposes new limits on airbnb, other short-term rentals




by limiting the number of homes that property owners can operate as short-term rentals for visitors, can seattle preserve its housing stock for locals? the city council decided to try the strategy monday, voting 7-0 to enact new regulations for short-term rentals, including those listed on platforms...



municipal workers threaten action over court jobs ruling | news




unions representing local authority workers on short-term contracts are threatening to call strike action if 15,000 workers lose their jobs in line with a court ruling issued earlier this week that found government legislation extending their contracts to be unconstitutional.municipal sanitation sta...



printing of cash to be ramped up; shortage is short-term: sanjeev sanyal




as the centre deals with the fallout of cash shortage in certain parts of the country, principal economic advisor in the finance ministry, sanjeev sanyal tells arup roychoudhury that the demand for cash has seen a spike of late. sanyal said there is no erosion of public confidence in the banking sys...



short-term outlook for the market remains positive: devang shah




nifty close- 10806.50 (11.05.2018) the market closed weekly in positive territory after the end of short term time wise consolidation. it ended the weekly trading session on stronger note ahead of karnataka election results next week. it made a high of 10,812.05 levels on nifty & 35,596.15 levels on...