Thanks to the deregulation of retail petrol prices in June last year, fuel retailing companies are finding themselves thinking out-of-the-box to stay ahead of competition. Brought on a level-playing field by deregulation of petrol prices, these companies, public and...
Citing losses on account of under-recoveries on sale of petrol and diesel, the ministry of petroleum and natural gas, government of India, has asked the oil marketing companies (OMC) to hold their plans of launching new retail outlets for...
McDonald's India, as part of its strategic tie-up with Hindustan Petroleum Corporation Limited (HPCL) to set up and operate outlets at the latter’s petrol pumps, has opened a restaurant in an HPCL petrol outlet at AS Rao Nagar, Hyderabad....
The oil retailing companies are losing Rs 4.34 per litre on petrol, Rs 6.90 per litre on diesel, Rs 174 per cylinder on LPG and Rs 16 per litre on kerosene for selling the products below the cost price.
State-owned...