No truth in BG sale of MGL stake Vol 11, PW 15 (15 Nov 07) News in Brief British Gas is emphatic in its dismissal of persistent rumours that it is about to sell its 49.75% equity stake in Mumbai gas retailing joint venture Mahanagar Gas, where GAIL also holds a 49.75% stake.... Buy this article forRs590 $9 For a 30-article or annual subscription rates click here RelatedMGL focus on its new Unison areas (08 Feb 24) Shell set to cede MGL control to GAIL (11 Jul 19) Shell preparing complete CGD exit from India (21 Feb 19) Mahanagar Gas pushes back IPO to Feb 2016 (10 Sep 15) Mahanagar Gas in aggressive expansion drive (13 Jun 13) Smart move by BG in Gujarat Gas sale to GSPC (29 Nov 12) No truth in BG sale of MGL stake (15 Nov 07) British Gas puts CB-OS/1 stake on the market (23 Oct 02) Niko ridicules rumours that it's quitting India (23 May 01) BRITISH GAS: LOOKING FOR A STAKE IN GAIL (17 Feb 99)