Indian Oil Corp to cut petrol price by 2 rupees/litre

Last Updated: Fri, Mar 15, 2013 13:56 hrs

REUTERS - Indian Oil Corp said on Friday it will reduce retail selling prices of petrol from Saturday by 2 rupees/litre.

The company also said it has lost over 5 billion rupees on sale of petrol so far during the current financial year.

(Reporting by Swati Pandey in MUMBAI)

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