Partial de-regulation of diesel prices positive re-rating event: Macquarie
By Prashant R Nair | Published On: January 18, 2013 10:00 (IST) | Duration: 15 min, 47 sec
Jal Irani, MD of oil and gas research, Macquarie Group, says that he considers the partial deregulation of diesel prices as a positive re-rating event for India's oil and gas sector. He, however, adds that the oil companies have been asked to be 'politically correct' in their fuel price hikes.
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