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Forced price cut has no impact on oil retailing plans, says Reliance Industries

Updated : October 18, 2018 07:33 PM IST

Reliance was forced to shut down its retailing business following the sharp increase in under-recoveries following the spike in global crude prices since 2011.
He, however, conceded that the company will have to cut the retail price due to competitive pressures.
Forced price cut has no impact on oil retailing plans, says Reliance Industries

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