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The finance ministry may offer oil marketing companies a Rs.12,020 crore as compensation for underwriting their losses -- less than half of what the petroleum ministry has demanded. According to a senior petroleum ministry official, the three oil sector giants -- Indian Oil, Bharat Petroleum and Hindustan Petroleum -- will be given the compensation in cash.
Full Story: Oil firms may be given Rs.12000 crore compensation - Sify
The finance ministry may offer oil marketing companies a Rs.12,020 crore as compensation for underwriting their losses -- less than half of what the petroleum ministry has demanded. According to a senior petroleum ministry official, the three oil sector giants -- Indian Oil, Bharat Petroleum and Hindustan Petroleum -- will be given the compensation in cash.
Full Story: Oil firms may be given Rs.12000 crore compensation - Sify
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