Source: Reuters (via feed)
Indian state-owned fuel retailers are seeking advance payments from dealers for gasoline and gasoil supplied to fuel pumps nationwide. Dealers reported this development. The companies are experiencing significant revenue losses from retail sales. This payment request applies across the country.
BizTrendWire Insight:
State-owned fuel retailers in India have started requiring advance payments due to losses from retail operations. This affects dealers who supply fuel pumps nationwide.
State-owned fuel retailers in India have started requiring advance payments due to losses from retail operations. This affects dealers who supply fuel pumps nationwide.
