Potential gas price hike a game changer: ONGC
ONGC CMD Sudhir Vasudeva says that if the Rangarajan committee's recommendations are implemented the company's financials will look very different and much better. The other potential big positive is that the government plans to hike retail diesel and kerosene prices. He hopes that ONGC’s share of subsidy will be go down meaningfully with the price hikes.
