GAIL shares in focus after $285 million settlement with SEFE Marketing, case withdrawn in London
GAIL (India) Ltd finalizes a settlement with SEFE Marketing & Trading Singapore, resulting in a $285 million payment and withdrawal of the arbitration proceedings. GAIL's Q2 profit increases by 11% YoY to Rs 2,672 crore, with a notable improvement in petrochemicals and gas transmission revenues.
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