GAIL on Wednesday said it is in talks with Reliance for laying a Rs 6,725 crore pipeline from Kakinada in Andhra Pradesh to Uran to pipe natural gas from RIL's gas fields in Bay of Bengal to consumption centres in West and North.

HPCL and BPCL were compelled downward today as marketmen reckon that their divestment may not even take place in the current calendar.

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The sentiment remained cautiously optimistic on the premise that a quick and successful war could herald the end of a protracted period of economic and financial uncertainty.

Indian Airlines Ltd, the country's largest domestic carrier, will dry-lease three Airbus A320 planes by the end of February and another two by the middle of the year to boost market share, its chairman said on Tuesday.