PSU NEWS
R K Das, MD of CUGL hand over dividend for FY 22 to GAIL CMD
New Delhi: Shri Sandeep Kumar Gupta, CMD, GAIL was handed over the dividend for FY21-22 by Shri R K Das, MD, and Shri Sunil Bains, Director Commercial, Central U.P. Gas Ltd. (CUGL), a Joint Venture between GAIL and BPCL in the presence of Shri M V Iyer, Director (BD) and Shri R K Jain, Director (Finance).
Last financial year, CUGL posted very high performance, with an increase in revenues by 71% and profit by 51%.
CUGL is a city gas distribution company that offers PNG domestic, PNG commercial & industrial, and CNG gas in central U. P.
Read Also : Mines Ministry to Hold Two-day Critical Minerals Summit from todayNews Must Read
- NCL General Manager (Finance) D Sunil Kumar recommended for SECL Director (Finance)
- Bank of Maharashtra Q4 results, Net Profit increased by 44.95 percent to Rs 1,218 crore
- Axis Bank Overtakes Kotak Mahindra Bank to Become India's Fourth Most Valued Lender
- LIC cuts stakes in major PSU stocks
- SJVN CMD Geeta Kapur Inaugurates Construction Works at Sunni Dam Project in Himachal Pradesh
- PESB Selects R Veerabahu as Director (Finance) for Braithwaite & Co. Limited
- Grew Energy bags largest order of 200 MW Contract of SECI's Auction
- CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station