NEW DELHI: A ₹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. -- losing up to 50% market share at various locations, said dealers from across India urging their companies to immediately reduce prices.
The government deregulated petrol and diesel sales in 2010, allowing private competition in the domestic fuel retail business. The objective was to bring competition and benefit consumers in terms of price and quality. Dealers of State-run IOC, BPCL and HPCL, from Punjab, Bihar, Rajasthan, Madhya Pradesh, Haryana and the National Capital Region (NCR) said that this is now happening, and urged the companies to reduce fuel rates in response to their competition.
Denne historien er fra December 20, 2024-utgaven av Hindustan Times Ludhiana.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 20, 2024-utgaven av Hindustan Times Ludhiana.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
'I THOUGHT OF ENDING MY LIFE MANY TIMES IN THE LAST 6 YEARS'
He was shooting for Housefull 4 in 2018 when sexual harassment allegations by multiple women upturned his life. The storm of accusations – including claims of unwanted advances and harassment – upended his career, with work vanishing overnight.
Keerthy Suresh Addresses Her Team's Tussle With Paps
Keerthy Suresh recently found herself in an unexpected situation while attending a film premiere in Mumbai.
Amia Kunwar's latest book brings back the story of Imroz's love for Amrita Pritam
All the world loves a lover, a quote wrongly attributed to Shakespeare as it was actually said by essayist Ralph Waldo Emerson in the context of the Bard of Avon's plays. Moving forward from Shakespearean times to the 50s, Doris Day's song, Everybody loves a lover, I am a lover, everybody loves me, still gives goose pimples.
Seniors, head coach under BCCI scanner after debacle at MCG
IF ROHIT SHARMA DOES INDEED MOVE ON FROM TEST CRICKET, VICE-CAPTAIN JASPRIT BUMRAH APPEARS SET TO BE APPOINTED NEXT INDIA CAPTAIN
Sports ministry, IOA back different set of IGU officials
The sports ministry has given its stamp of approval for the Indian Golf Union (IGU) election with Brijender Singh as president and Satish Kumar Sharma as secretary.
Without Bumrah, series would've been one-sided
Aussie pace great McGrath lauds India spearhead who has been a one-man force with 30 wickets in the four Test matches yet
In EPL, Santo gets Forest out of the woods
Nottingham Forest have begun 2025 in contention for a Champions League spot.
Truck attack in New Orleans kills 10; FBI probing terrorism angle
The driver, who swerved around barricades, fired at cops and struck them from the vehicle after it finally crashed, eyewitnesses said
Trump Urges GOP To Counter Senate Dems' Delay Tactics
US President-elect Donald Trump on Tuesday accused Senate Democrats of attempting to delay the confirmation process of Republican nominees, urging his party to be \"smart\" and \"tough\" in countering their efforts.
S Korea to send Jeju Air crash black box to US
South Korean investigators probing a Jeju Air crash which killed 179 people in the worst aviation disaster on its soil said on Wednesday they will send one of the retrieved black boxes to the United States for analysis.
