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

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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)
First Published: Mar 15 2013 | 7:12 PM IST