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Subsidy share for OMCs to go up to 50% on rupee fall: Citi

Saurabh Handa of Citi India told CNBC-TV18 that the depreciating rupee may increase the subsidy share for the upstream companies by almost 13 percentage point. He expected a gas price hike in either FY14 or FY15.

first published: Jun 12, 2013 05:35 pm

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