Gujarat Gas Company Ltd named B S Shantharaju managing director. He replaces Robert Thomas.
Gujarat Gas Company Ltd will publish audited financial results for the year ended December 31, 2002 before March 31, 2003.
The countdown for BG's stake sale in Gujarat Gas Company (GGCL) begins tomorrow. Three months after BG made its intention of divesting its stake clear, over half a dozen potential bidders are likely to submit non-binding bids for BG's 65.12 per cent stake in the country's largest natural gas distributor by sales.
Market breadth on the BSE ended firm as 1,908 shares advanced and 1,156 shares declined
Sensex falls at close; metals, banks perform well.
Custom duties, a major concern for the oil sector.
Re-instatement of 5% custom duty on crude imports will help.