Indraprastha Gas Limited (IGL) is a Delhi-based gas supplier. IGL’s main business is natural gas supply, which was founded in 1998 as a joint venture between GAIL and BPCL. The Delhi government has 5% stake in the company. The company was listed on the Stock Exchange in December 2003.

The company supplies gas for domestic, commercial and industrial use. When it started operations in 1999, the company had only nine CNG (compressed natural gas) stations and 10,000 PNG (piped natural gas) customers. Today, the company has 463 CNG stations in Delhi, Noida and Ghaziabad. The company delivers PNG to 6.36 lakh households. The company also supplies PNG to 4,100 industrial units.

Indraprastha Gas has performed well in the current financial year. The company is growing 100 per cent every year in providing commercial gas connections. The company owns one of the largest CNG filling systems in the world for buses. There are five gas distribution networks in Delhi and the National Capital Region.

The performance of IGL stock over the years was different from that of the stock index. The stock has gained 14.5 per cent since the start of 2020. At the same time, the S&P BSE Midcap Index fell 7 per cent in 2019.

IGL is one of the stocks that has not significantly affected by the stock market correction. This is a stock that investors can buy with a long-term goal. Assessing the growth potential of IGL in the gas supply sector, this stock will bring investors remarkable returns in the long run.

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Roshni Nadar Malhotra is now the chairperson of HCL Technologies, the Noida-based Information Technology company said on July 17. The 38-year-old succeeds her father, Shiv Nadar. The appointment of non-executive director Roshni Nadar Malhotra to the new role takes effect immediately, the company said in a regulatory filing.

Shiv Nadar will continue to be HCL Tech’s managing director, with the designation as the chief strategy officer.

Born and raised in New Delhi, Roshni studied in Vasant Valley School, and graduated from the Northwestern University in Illinois, United States. She has a Master’s degree in Business Administration from Kellogg School of Management, Northwestern University.

Ms. Malhotra has been the executive director and CEO of HCL Corporation, vice-chairperson of the board of HCL Technologies, and trustee of the Shiv Nadar Foundation. At HCL Corporation, Ms. Malhotra has been responsible for providing strategic guidance to the organisation.

Ms. Malhotra was inducted as an additional director on the board of India’s third largest software exporter in 2013. This was four years after her appointment on the board of HCL Corp, the holding company of HCL Technologies and HCL Infosystems.

Passionate about wildlife and conservation, Roshni Nadar Malhotra set up The Habitats Trust in 2018. The trust aims at protecting the country’s natural habitats and indigenous species, with the core mission of creating and conserving sustainable ecosystems.

Noida-based HCL Technologies also reported its earnings for the April-June period. The company said its net profit stood at Rs 2,931 crore in the three-month period ended June 30, marking a sequential (quarter-on-quarter) fall of 7.60 per cent.

Total revenue from operations grew 4.01 per cent to Rs 17,842 crore in the April-June period, compared to the previous quarter.

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