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

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.—lose up to 50% market share at various locations, said dealers from across India, urging their companies to immediately reduce prices.

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