Speaking to CNBC-TV18, RK Singh, CMD of BPCL says the hike will be enough to recover only current losses not the ones made in the past. "We hope the company will be allowed to adjust price every fortnight," he says. full story ![]()

Currently, oil retaillers like Hindustan Petroleum (HPCL), Bharat Petroleum (BPCL) and Indian Oil Corp (IOC) are losing around Rs 10/litre on sale of diesel and are gradually hiking price marginally after the government allowed them to do so.
moneycontrol.com (4 months and 4 days ago)

Oil marketing company stocks are up around 2 percent each after the latest diesel price hike This is the third hike in a row after the government allowed .Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum to do so.
moneycontrol.com (2 months and 27 days ago)

Oil companies may cut losses by around Rs 10,000 crore by year-end on regular diesel price hikes, say analysts. Bharat Petroleum, Hindustan Petroleum and Indian Oil Corp are still losing around Rs 9.50/litre on diesel sale, despite raising price for the second time in a month, after the government allowed them to do so.
moneycontrol.com (3 months and 29 days ago)

The Oil Marketing Companies (OMC) such as Bharat Petroleum Corp, Hindustan Petroleum Corp and Indian Oil Corp have incurred losses of Rs 1,61,000 crores in 2012-13 due to subsidised sale of diesel.
moneycontrol.com (2 months and 27 days ago)

Diesel is all set to get dearer soon. Oil companies are likely to announce another round of diesel price hike in a day or two. The price hike would provide some respite to oil retailers who are currently incurring a loss of around Rs 10 per litre on sale of diesel.
moneycontrol.com (4 months and 4 days ago)
Opposition members on Monday forced the Rajya Sabha to adjourn till 12 noon over the petrol price hike issue.
indiatimes.com (3 months and 17 days ago)

The government had said last month it would allow fuel retailers to raise the price of subsidised diesel by 0.40 rupees-0.50 rupees a litre every month and asked bulk buyers to pay market rates. Major oil marketing companies have taken the decision to hike fuel prices, which should be encouraging for the market.
moneycontrol.com (4 months and 1 day ago)
BJP Friday termed the hike in petrol price as a "betrayal" with the people as it came a day after presentation of the union budget and demanded its immediate rollback.
india.com (3 months and 20 days ago)
The Lok Sabha was adjourned till noon as the Opposition noisily demanded a rollback of the hike in petrol prices.
india.com (3 months and 17 days ago)

Mahindra Mahindra shares reversed early losses and rose over 1.5 percent on Friday, boosted by the price hike it took to offset the hike in excise duty announced in the Budget.
moneycontrol.com (3 months and 20 days ago)
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