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  • Losses on diesel climb to Rs 10.48 a litre

    "Oil marketing companies (OMCs), effective December 16, are now incurring combined daily under-recovery of about Rs 434 crore on the sale of diesel, PDS kerosene and domestic LPG. This is slightly more than Rs 429 crore daily under-recoveries during previous fortnight effective beginning December 1," the statement.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347