Hindustan Petroleum Corporation Ltd.

PSU refiners borrow more as fuel losses mount

17 Nov 09 07:34 PM
Money Control
The Centre’s delay in making good the losses incurred on cooking gas and kerosene for this fiscal has only increased the borrowing burden on the public sector refining trio of IndianOil, Hindustan Petroleum Corporation and Bharat Petroleum Corporation.

Industry sources told Business Line that the..