Business | Wednesday August 13, 2014
IOC lost Rs 15,328.34 crore on selling diesel, domestic LPG and kerosene at government controlled rates in April-June this year. The government made good about 40 per cent of this by way of cash subsidy of Rs 6,076 crore. It got another Rs 8,107.21 crore from upstream firms like ONGC.
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