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BPCL, HPCL, IOC rally on petrol price hike

Last Updated: Thursday, May 24, 2012, 12:19

Led by BPCL, shares of state-run oil companies rallied on the bourses Thursday after the petrol price was hiked by a record Rs 7.54 per litre.

Fin Min rejects proposal to cut tax on petrol

Last Updated: Friday, April 27, 2012, 12:54

The Finance Ministry has rejected the Oil Ministry's demand of a tax cut of Rs 6 per litre on petrol, a report claimed on Friday.