Tag
India's three state-owned fuel retailers, Indian Oil, HPCL, and BPCL, are losing roughly ₹30,000 crore a month selling petrol, diesel, and LPG below international rates. The sustained losses are weighing on company earnings and pushing their share prices lower.
A fire broke out at the HRRL refinery in Rajasthan just one day before Prime Minister Modi was set to inaugurate the ₹79,459 crore joint venture between HPCL and the Rajasthan government. The incident raises questions about commissioning readiness and could delay the formal launch of one of India's major downstream
Tag
India's three state-owned fuel retailers, Indian Oil, HPCL, and BPCL, are losing roughly ₹30,000 crore a month selling petrol, diesel, and LPG below international rates. The sustained losses are weighing on company earnings and pushing their share prices lower.
1mo ago · 2 min · Markets
A fire broke out at the HRRL refinery in Rajasthan just one day before Prime Minister Modi was set to inaugurate the ₹79,459 crore joint venture between HPCL and the Rajasthan government. The incident raises questions about commissioning readiness and could delay the formal launch of one of India's major downstream
2mo ago · 1 min · Business
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