Indian Oil

India
December 23, 2006 12:49pm CST
What do you know about Indian Oil Corporation Limited. Pl forward us your comments for the benefits of all......
1 response
msqtech
@msqtech (15073)
• United States
3 Jan 07
I think they have a defacto monopoly and can earn huge profits
1 person likes this
BRIJENDRA
@BRIJENDRA (926)
• India
4 Jan 07
As such there is no monopoly. There is competition in the market. Other Oil companies like HPCL, BPCL, IBP,Reliance are competitor. Rather as being a PSU, it has got several social obligations.