Private retailers' 'happy hours' irk state-run oil firm dealers
Mint New Delhi|December 20, 2024
OMC dealers seek a price cut to protect share from discounts by Jio-BP, Nayara outlets
Rajeev Jayaswal

₹3 per litre "happy hours discount" by private petrol retailers has seen outlets of state-run firms—Indian Oil Corp., Hindustan Petroleum Corp. and Bharat Petroleum Corp.—lose up to 50% market share at various locations, said dealers from across India, urging their companies to immediately reduce prices.

Diese Geschichte stammt aus der December 20, 2024-Ausgabe von Mint New Delhi.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der December 20, 2024-Ausgabe von Mint New Delhi.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS MINT NEW DELHIAlle anzeigen
Mint New Delhi

'Adani foray into cement drives deep discounts'

Competition in India's cement sector heated up with the entrance of the Adani Group in September 2022, top manufacturers bumped up discounts to maintain market share, according to a report from British wealth manager Investec.

time-read
1 min  |
December 21, 2024
Mint New Delhi

Capex flexibility tops states' budget wishlist

Kerala, Punjab call for special financial packages, higher borrowing limits

time-read
2 Minuten  |
December 21, 2024
Mint New Delhi

Tata Steel's Dutch plant gets warning

Tata Steel Netherlands will face fines of almost €27 million if it doesn't take measures within eight weeks

time-read
1 min  |
December 21, 2024
Mint New Delhi

Banks win SC relief on 30% credit interest cap

The Supreme Court on Friday overturned the National Consumer Disputes Redressal Commission (NCDRC)'s 2008 decision to cap interest rates on late credit card bill payments at 30% per annum, bringing relief to lenders that had appealed the consumer forum's ruling.

time-read
1 min  |
December 21, 2024
Mint New Delhi

Claims of Reliance Infratel's indirect creditors upheld

The apex court upheld ₹10,952 crore claims by four indirect creditors of Anil Ambani-led RCom's tower biz

time-read
1 min  |
December 21, 2024
Mint New Delhi

Leave a movie midway, and get some money back

PVR Inox's move is part of efforts to widen audience base and improve movie-going frequency

time-read
2 Minuten  |
December 21, 2024
Mint New Delhi

Pushpa 2 most-watched film of 2024, Coldplay hot

Nostalgia also took centre stage with re-releases like Kal Ho Naa Ho, Rockstar and Laila Majnu still drawing viewers

time-read
2 Minuten  |
December 21, 2024
Mint New Delhi

Bombay HC upholds Adani's bid to develop Dharavi slum

The project gained momentum in 2016 under the Bharatiya Janata Party-Shiv Sena led govt

time-read
2 Minuten  |
December 21, 2024
Mint New Delhi

TKIL in talks with oil, steel cos for green hydrogen plants

TKIL aims for 100 MW electrolyser capacity by 2025 and has allocated ₹1,500-2,000 crore

time-read
2 Minuten  |
December 21, 2024
Mint New Delhi

Harsh Jain LIVING THE DREAM

The co-founder and CEO of Dream Sports talks about the correlation between academic mediocrity and success, setting the culture at the organisation, and the boom in fantasy sports in India

time-read
7 Minuten  |
December 21, 2024