The Delhi High Court has upheld the eligibility criteria set by three leading oil marketing companies (OMCs) for their tenders for procurement of LPG cylinders. The criteria stated that cylinder manufacturers with common business ownership could only submit a single bid.
IOC Sales For Q1: The state-owned company s net profit was 137.50 billion rupees (USD 1.67 billion) for the quarter ended June 30, compared with a loss of 19.93 billion rupees, a year earlier.