From Regulation To Deregulation - Diesel Pricing
The traces of deregulation of diesel prices could be seen as early as 2002, however, Administered pricing regime, made a back-door entry towards the end of the first quarter of 2004 when crude prices started creeping up. Now the deregulation of diesel prices has been made effective...
Just Who Is Buying Up Essar Oil And What Does It Mean?
In October of last year, the billionaire Ruia brothers inked in a deal to sell a 98% stake in Essar Oil in an effort to draw down the debt pile of Essar Group. The consortium of buyers for India’s fifth largest oil and gas company1 consists of Russia’s largest oil producer...
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