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IOC debt at Rs 85,000 crore: Finance director

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  • Published On: December 21, 2011
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PK Goyal, director (finance) at IOC told NDTV Profit that the company is hoping to get about Rs 16,500 crore out of Rs 30,000 crore, which has been passed in the supplementary budget for fuel subsidies. Goyal also said that the excise duty cut on petrol will be positive for the company if at all it is implemented.
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