1. How will we differentiate between private and Govt. upstream companies and which one is better and why?
In India, retail fuel prices are regulated by Govt. If the crude oil prices are high, Oil Marketing Companies (OMCs) bear under recoveries on sale of fuel at lower prices. As per Govt., public upstream companies has to bear a part of subsidies losses of OMCs, whereas private companies like RIL, Cairn don?t...
Posted by
kamal on Apr 20th, 2010 in
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Bank Sector
Rating: Positive
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