CRISIL Research has come out with its report on fuel price hike. According to the research firm, the upward pressure on crude oil prices will compel the government to increase the retail selling prices of regulated fuels.
CRISIL Research has come out with its report on Oil Marketing Companies (OMC) recoveries. As per the research firm if the government additionally releases Rs 350-400 billion to the OMCs over the next three months, the aggregate gearing of the OMCs will still be high at close to 2 times by the end of March 2012.
CRISIL Research has come out with its report on domestic car sales. As per the research firm Maruti's sales has soared by 77% on a month-on-month basis.
Public sector oil exploration and marketing companies are likely to see a near doubling of under-recoveries to Rs 30,000 crore this quarter, because of soaring crude oil prices, according to a report by rating agency CRISIL.