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.
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Denne historien er fra December 20, 2024-utgaven av Hindustan Times Uttarakhand.
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Not done yet, lot of cricket left in me, says Ashwin
The game gave me so much to a point where it allowed me to be creative and explore the best inside me R ASHWIN, ex-India spinner
Fit-again Renuka Thakur back to spearheading India's pace attack
Renuka Thakur knew that to achieve the breakthrough performance she was aiming for, a conversation with the legendary Jhulan Goswami was necessary.
Ex-India batter Kambli stable in hospital
ON SATURDAY, KAMBLI WAS ADMITTED IN AAKRUTI HOSPITAL IN THANE BY HIS WELL-WISHER SAILESH THAKUR, WHO IS THE DIRECTOR OF THE HOSPITAL
Khel Ratna list not finalised, says ministry on Manu 'snub'
Ministry says shooter did not apply for the award, even as family asks why the process must be so stringent given her Paris feat
Record chase in women's 50-over game
The suspense over Mohammed Shami featuring in the ongoing Border Gavaskar Trophy series is over with the Indian cricket board announcing that the pacer has been ruled out of any participation in the last two Tests because of a knee condition.
GMR SPORTS TO LAUNCH RUGBY 7S FRANCHISE-BASED LEAGUE NEXT YEAR
GMR Sport announced the launch of a franchise-based Rugby 7s league in a 10-year strategic partnership with Rugby India, the national governing body for the game.
India wait for Shubman to sort out scoring issues in away Tests
The No.3 batter has a range of shots, but hasn't shown patience early on and has struggled on this tour of Australia
Good bowlers are excited to come to MCG, says curator
The weather in Melbourne has already dropped from a high of 37°C a day after the team landed here to a max of 18°C on Monday.
Sales ratio shows growing e-mobility ecosystem in 2024
The number of fossil fuel-based vehicles sold for every electric vehicle (EV) in the two-wheeler and light motor vehicle categories has fallen in 2024, compared with last year, a positive indicator for the EV ecosystem in the country.
Honda, Nissan to fuse into automobile giant
Honda and Nissan are in talks to merge by 2026, they said on Monday, a historic pivot for Japan's auto industry that underlines the threat Chinese EV makers now pose to the world's long-dominant legacy car makers.
