Moneycontrol PRO

business

Indraprastha Gas surges 29% on favourable Delhi HC's order

The Delhi High Court has ruled in favour of Indraprastha Gas that government regulator Petroleum and Natural Gas Regulatory Board (PNGRB) does not have the authority to fix tariffs. Reacting to the development, IGL surged 29% to close at Rs 249.35 on the BSE.

first published: Jun 1, 2012 03:00 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347