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Oil subsidy burden hike to hit profit: ONGC

  • 13:02
  • Published On: May 20, 2011
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AK Hazarika, CMD and director (exploration) ONGC says the decision to hike subsidy burden of upstream oil companies will adversely affect the profit of the oil major. He sees a fall in the profit by Rs 2,000 crore on this decision.

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