Indian city gas distribution firms' operating profit to rise 8-12 pc this fiscal

IANS | November 20, 2025 1:47 PM

New Delhi, Nov 20 (IANS) City gas distribution (CGD) companies in India are projected to clock an operating profit of Rs 7.2–7.5 per standard cubic metre (scm) this fiscal -- up 8-12 per cent compared with the second half of last fiscal when margins dropped because of a sudden and steep decline in gas allocation under the administered price mechanism (APM) for the compressed natural gas (CNG) segment, a report said on Thursday.

Trouble deepens for Anil Ambani amid ED crackdown

IANS | November 20, 2025 11:37 AM

Mumbai, Nov 20 (IANS) The Enforcement Directorate (ED) has intensified its action against companies linked to the Anil Dhirubhai Ambani Group (ADAG), seizing immovable properties worth Rs 1,400 crore under a fresh provisional attachment order.