Success hinges on compliance.
Expect a rise in prices that will be supported by decline in global oil inventory & a possible deficit in 2017
As a whole, the oil industry has been struggling to cover its investment needs and dividend payments
With Coal India assuring a supply of only 65% of contracted quantity in first three years of its fuel supply agreements, coal imports may rise by as much as 25% in FY13. In this context, we believe that government...