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    • GE's open offer for Alstom T&D India below trade price

      The Board of Directors of Alstom T&D India Ltd had on November 10, 2015 constituted a Committee of Independent Directors (IDC) for providing reasoned recommendations on the open offer to the shareholders of the company made by GE Energy Europe BV.

    • Export parity may impact OMC GRMs by $2-2.50/bbl: Quant

      Currently, diesel is priced at trade parity, of which 80 percent is import price and 20 per cent export rate.

    • Will take decision on export parity tomorrow: Kirit Parikh

      The government has extended by one month the time given to a panel headed by Kirit S Parikh to suggest a methodology for pricing of diesel and cooking fuel.

    • Kirit Parikh panel on diesel pricing gets one month more

      The government is looking to alter the way diesel and cooking fuels are priced to reduce its subsidy burden, which appears to be spiralling out of hand due to the falling rupee.

    • Trade parity best option, 80:20 method ad hoc: Parikh

      The current formula is ad hoc in nature and won't prevail for a long time. Currently, diesel is priced at trade parity of which 80 per cent is import price and 20 per cent export rate, says Kirit Parikh.

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