Oil PSUs: The government had announced its capital support plans for these state-run refiners last February in the FY24 Union budget. At the time, these companies were facing a difficult patch and were demanding compensation for the heavy losses they had suffered in the first two quarters of 2022-23 for not increasing retail fuel prices in line with rising international rates.
The government had announced its capital support plans for these state-run refiners last February in the FY24 Union budget. At the time, these companies were facing a difficult patch and were demanding compensation for the heavy losses they had suffered in the first two quarters of 2022-23 for not increasing retail fuel prices in line with rising international rates.
Leading automotive company Mahindra and Mahindra on Wednesday announced that their investment of Rs 10,000 crore for electric vehicles has been approved under the Maharashtra government s industrial promotion scheme for electric vehicles.