Sensex 27536.52 5.11 (0.02%)27-May-15 13:12
Nifty 8322.4 -16.95 (-0.2%)27-May-15 13:00
Oil Refineries Ltd has announced that as part of the Company's work plan and 2013 , the Company will implement efficiency measures, improvements and savings in various fields of activity, according to reports.
Reports said that the Company's Chairman and Vice Chairman announced their initiative and decision to give up 10% of the management fees to which they are entitled, for the year 2013.
The Board also decided to approve an early retirement plan for dozens of the Company's employees, during the year 2013, report says.
India Infoline Research Team / 14:59, May 20, 2015
GPIL reported 13.5% yoy decline in operating profit as the impact of higher volumes was offset by lower product prices