AJjay Modi

Stories by AJjay Modi

FIIs increase stake in oil marketing companies

FIIs increase stake in oil marketing companies

Rediff.com   13 Oct 2010

Foreign institutional investors (FIIs) have raised their stakes in public sector oil marketing companies (OMCs) in the three months ended September 30 - the first quarter after the government decontrolled petrol prices and announced plans to decontrol diesel rates as well.