Upstream oil major ONGC will have to factor in an additional Rs 2,000 crore hit from a changed subsidy sharing formula for the last fiscal as it comes out with its fourth quarter results in a few days.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/fresh-fuel-subsidy-burn-r2000-cr-ongc-profits
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/indian-express-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-efficiency
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil-and-natural-gas-corporation-ongc
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/subsidies
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrochemical-industry
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bharat-petroleum-corporation-bpcl
