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

Last Updated: Fri, Mar 15, 2013 13:40 hrs

March 15 (Reuters) - Indian Oil Corp-

* Says to reduce retail selling prices of petrol from Saturday by 2 rupees/litre

* Says 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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