IOC is losing Rs. 297 cr daily
Mumbai   21-Apr-2011

State-owned IndianOil (IOC) is losing Rs 297 crore per day on selling diesel, domestic LPG and kerosene at government-controlled rates, a company official said. “We are losing Rs 18.11 per litre on diesel, Rs 28.33 on kerosene and Rs 315.86 per 14.2-kg domestic LPG cylinder,” he said.