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Fuel retailers bank on non-fuel retailing

Thanks to the deregulation of retail petrol prices in June last year, fuel retailing companies are finding themselves thinking...

No new fuel stations for two years

Citing losses on account of under-recoveries on sale of petrol and diesel, the ministry of petroleum and natural gas,...

Another McDonald’s at HPCL station

McDonald's India, as part of its strategic tie-up with Hindustan Petroleum Corporation Limited (HPCL) to set up and operate...

IOC losing Rs 100 crore a day

The oil retailing companies are losing Rs 4.34 per litre on petrol, Rs 6.90 per litre on diesel, Rs...