HomeNewsBusinessMarketsFY12 subsidy share of upstream cos can be over 40%: Tulsian
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FY12 subsidy share of upstream cos can be over 40%: Tulsian

The government has hiked the contribution of upstream oil companies toward fuel subsidies to 38.8% for 2010-11 fiscal. In an interview with CNBC-TV18, SP Tulsian, sptulsian.com says, there is a lot of confusion. He is afraid that in FY12 this subsidy sharing by the upstream companies can rise from 38.7% may be to 40% plus.

May 21, 2011 / 16:41 IST
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The government has hiked the contribution of upstream oil companies toward fuel subsidies to 38.8% for 2010-11 fiscal.

In an interview with CNBC-TV18, SP Tulsian, sptulsian.com says, there is a lot of confusion.
TAGS: #MARKET OUTLOOK #ONGC #SP Tulsian #sptulsian.com #upstream oil companies
first published: May 20, 2011 09:34 pm

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