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Oil price slump to bring down profits of upstream firms: ICRA - Economic Times
Deccan Chronicle | Oil price slump to bring down profits of upstream firms: ICRA Economic Times According to K Ravichandran, Senior Vice-President and Co-Head, Corporate Ratings, ICRA, "the impact on (state-run) ONGC and OIL would be limited with around 15 per cent hit on operating profit in FY15 as their subsidy burden will likely go down with ... Oil firms bear brunt Crude oil price fall: It's time for some deft policymaking Oil price slump to reduce profits of upstream firms: ICRA |
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