IOC in the red in Sri Lanka. (30-NOV-06) PTI - The Press Trust of India Ltd.

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IOC in the red in Sri Lanka.

Publication: PTI - The Press Trust of India Ltd.

Publication Date: 30-NOV-06

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IOC in the red in Sri Lanka

Colombo, Nov 30 (PTI) Indian fuel retailer Lanka IOC Ltd sank deeper into the red with losses amounting to Rs 1.2 billion, as Colombo is yet to repay billions for selling fuel below costs.

A unit of the Fortune 500 Indian Oil...

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