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LIC buys nearly 90% of Indian Oil's shares on offer

Aug 25, 2015

LIC buys nearly 90% of Indian Oil's shares on offer

IOC listed "OFS and Open Market" as the mode of LIC's acquisition done on 24 August. #Business #NewsTracker #Indian Oil #LIC
IOC stake sale: LIC to the rescue again as govt mops up Rs 9,300 cr

Aug 24, 2015

IOC stake sale: LIC to the rescue again as govt mops up Rs 9,300 cr

The stake sale managed to get total bids for Rs 11,107 crore for 28.74 crore shares, against the offer of 24.28 crore shares. #Sensex #Disinvestment #Indian Oil #BSE #StockWatch #LIC #Aradhana Johri
Indian Oil share sale begins amid bloodbath in market

Aug 24, 2015

Indian Oil share sale begins amid bloodbath in market

The IOC stake sale will, however, dwarf in front of Rs 22,557 crore that the government raised through a stake sale in Coal India Ltd last year. #Sensex #Citigroup #BSE #Indian Oil Corporation #Nomura #Deutsche Equities #JM Financial. Kotak Securities
Govt to sell 10% stake in IOC to raise Rs 9,500 cr on Monday

Aug 21, 2015

Govt to sell 10% stake in IOC to raise Rs 9,500 cr on Monday

The IOC stake sale will, however, dwarf in front of Rs 22,557 crore that the government raised through a stake sale in Coal India Ltd last year. #Disinvestment #coal india #ONGC #Indian Oil #Citigroup #Arun Jaitley #Nomura #Nalco #NMDC #Dharmendra Pradhan #JM Financial #Kotak Securities #Deutsche Equities
Car owners rejoice: Petrol price cut by Rs 2.43/litre, diesel Rs 3.60 on lower crude

Aug 01, 2015

Car owners rejoice: Petrol price cut by Rs 2.43/litre, diesel Rs 3.60 on lower crude

Petrol in Delhi will cost Rs 64.47 per litre from tomorrow instead of Rs 66.90 at present, while a litre of diesel will cost Rs 46.12 as against Rs 49.72 currently, Indian Oil Corp (IOC) said in a statement. #NewsTracker #Petrol #Indian Oil #Arvind Kejriwal #Diesel #Bharat Petroleum #Hindustan Oil
Indian Oil, Reliance Industries among seven Indian firms in Fortune Global 500 list

Jul 23, 2015

Indian Oil, Reliance Industries among seven Indian firms in Fortune Global 500 list

While Indian Oil, Reliance, Bharat Petroleum, Hindustan Petroleum, and Oil and Natural Gas slipped in rankings from the previous year, Tata Motors and SBI improved in rankings. #Business #Walmart #Reliance Industries #Tata Motors #NewsTracker #ONGC #Indian Oil #Hindustan Petroleum #Bharat Petroleum #Fortune 500
India to seek rights for developing Iranian gas field

Jul 14, 2015

India to seek rights for developing Iranian gas field

Iran, in February 2012, issued a one-month ultimatum to the OVL-led consortium over the development of a gas field. #crude oil #NewsTracker #ONGC #Indian Oil #ONGC Videsh #Oil India #Essar Oil #Persian Gulf #Master Development Plan
Petrol price hiked by 64 paise; diesel cut by Rs 1.35 a litre

Jun 15, 2015

Petrol price hiked by 64 paise; diesel cut by Rs 1.35 a litre

Petrol price was on Monday hiked by 64 paise a litre, but diesel price was cut by Rs 1.35 per litre in line with trend in global oil rates. #Economy #India #NewsTracker #Petrol #Indian Oil Corporation #Diesel #Bharat Petroleum Corporation
IOC seeks to raise Panipat refinery capacity at Rs 15,000 cr

Jun 08, 2015

IOC seeks to raise Panipat refinery capacity at Rs 15,000 cr

IOC owns and operates eight refineries and has only a few weeks back added ninth refinery at Paradip in Odisha. #Business #Reliance Industries #Energy #crude oil #Indian Oil #CompanyWatch #Essar Oil #Paradip refinery #Panipat refinery
Indian Oil to import Iraqi oil for India's maiden strategic reserve

Jun 03, 2015

Indian Oil to import Iraqi oil for India's maiden strategic reserve

Underground storages are being built at Visakhapatnam in Andhra Pradesh and Mangalore and Padur in Karnataka to store about 5.33 million tonnes (28 million barrels) of crude oil. #Economy #Energy #crude oil #finance ministry #NewsTracker #Indian Oil #Hindustan Petroleum #Vizag refinery