Remembering Dadaji :)

There was a rumor that government deregulated fuel pricing, to facilitate RIL enter fuel retailing. Not many might remember, reliance petrol bunks was growing big around 2010, i think. Oil prices spiked and state owned companies were able to hold on to fuel prices with losses. RIL could not, they went around displaying boards, as to why their fuel prices were high. Public cared shit. Everyone went to state owned bunks. Reliance petrol pumps fell at that time. never recovered after that.

These Oligarchs are strong because of government support.