GAIL plans to acquire 4.17% stake in $2.01 bn gas pipeline

State-run gas utility GAIL India Ltd Monday said it plans to take 4.17 per cent stake in the USD 2.01 billion gas pipeline that China is building in Myanmar to transport natural gas found off the Myanmar coast.

GAIL declares 20% interim dividend

State-run gas utility GAIL India Ltd today declared a 20 per cent (Rs 2 per share) interim dividend for the current fiscal.