Companies News Today Live Updates on January 29, 2025: Nayara, Jio-BP sell fuel on discount; state-run OMCs lose market share

Companies News Today Live Updates on January 29, 2025: Nayara, Jio-BP sell fuel on discount; state-run OMCs lose market share

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29 Jan 2025, 05:00:15 AM IST

Company News Today Live: Nayara, Jio-BP sell fuel on discount; state-run OMCs lose market share

  • Discounts by private refiners on petrol and diesel have pressured state-run oil marketing companies in India, particularly in key states. As private players gain market share through competitive pricing, public sector firms are experiencing a decline in sales and customer loyalty.

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