State-run oil firms' shares up on diesel price hike hopes
Quotes

State-run oil firms' shares up on diesel price hike hopes

Last Updated: Thursday, December 26, 2013, 13:02
 
 Comment 0
 
State-run oil firms' shares up on diesel price hike hopes
Mumbai: Shares of state-run oil marketing companies gain after a media report said the petroleum ministry was planning to propose a hike of 5 rupees in diesel prices.

The ministry is considering the diesel price hike along with a proposal for a new subsidy sharing mechanism, the Business Standard newspaper reported on Thursday, citing unnamed officials.

Shares of Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum Corp are trading 2-3 percent higher.


Reuters

First Published: Thursday, December 26, 2013, 13:02


Comments


comments powered by Disqus
G20 Summit 2014
G20 Summit 2014
2014`s Top People in Business: Fortune
2014`s Top People in Business: Fortune
World Bank`s Top 10 Places for Business
World Bank`s Top 10 Places for Business
India`s top ten billionaires
India`s top ten billionaires
Top 10 billionaire cities- In Pics
Top 10 billionaire cities- In Pics

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved