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Proposed INR 30,000 cr capital infusion in oil PSUs may be cut by half, ET Auto

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. ....

Oil Psus , 0k Cr , Indian Oil , Bharat Petroleum , Hindustan Petroleum , Capital Infusion ,

Oil PSUs: Proposed ₹30,000 crore capital infusion in oil PSUs may be cut by half

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. ....

India General , Bharat Petroleum , Indian Oil , Hindustan Petroleum , Oil Psus , 0k Cr , Capital Infusion ,

Mahindra to set up EV manufacturing plant in Pune with Rs 10k-cr investment

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. ....

United Kingdom , Rajesh Jejurikar , Born Electric Vehicles , Twin Peak , Executive Director , Farm Sectors , 0k Cr , Ews India ,