Concerns
The volatility in the crude market & subsidy burden on the IOCL has dented the company performance like other PSU oil companies. This is also reflected in its FORTUNE rating this year. Moreover, bureaucratic hurdles in projects are hurting company advancement.
Read more about this topic: Indian Oil Corporation
Famous quotes containing the word concerns:
“Art and science coincide insofar as both aim to improve the lives of men and women. The latter normally concerns itself with profit, the former with pleasure. In the coming age, art will fashion our entertainment out of new means of productivity in ways that will simultaneously enhance our profit and maximize our pleasure.”
—Bertolt Brecht (1898–1956)
“Universal empire is the prerogative of a writer. His concerns are with all mankind, and though he cannot command their obedience, he can assign them their duty. The Republic of Letters is more ancient than monarchy, and of far higher character in the world than the vassal court of Britain.”
—Thomas Paine (1737–1809)
“Much unhappiness comes from walking alone. When there are several, it’s somewhat different. I must get into the habit of listening to others, for what the others say concerns me, too.”
—Alfred Döblin (1878–1957)