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Reliance Industries Ltd, Essar Oil Limited Keen On Selling Diesel To Indian Bulk Buyers-DJ

Sunday, 20 Jan 2013 03:40pm EST 

Dow Jones reported that Reliance Industries Ltd and Essar Oil Limited are keen on selling diesel to Indian institutional and industrial buyers, after state-run oil retailers said Thursday they will no longer subsidize bulk sales of the fuel. These companies, Indian Oil Corp., Hindustan Petroleum Corp. Ltd and Bharat Petroleum Corp. Ltd., will however continue to sell diesel to retail consumers at a subsidized rate through their gas stations. 

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4.7 +0.53%
26 Dec 2014