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IOC chairman Butola may get extension as successor not experienced enough

Jan 14, 2014

IOC chairman Butola may get extension as successor not experienced enough

Like BHEL Chairman B Prasada Rao who was last month given an extension as the government headhunter PESB-selected candidate Prakash Chand lacked board-level experience, Butola's successor too is an Executive Director with no board-level experience. #Manmohan Singh #NewsTracker #CBI #Oil Ministry #ONGC #PMO #BHEL #Veerappa Moily #CVC #Central Vigilance Commission #Indian Oil Corp #B Prasada Rao #R S Butola #Prakash Chand #PESB
Petrol price hiked by 75 paise a litre, diesel by 50 p from Saturday

Jan 03, 2014

Petrol price hiked by 75 paise a litre, diesel by 50 p from Saturday

The hikes, effective midnight tonight, are excluding local sales tax or VAT and actual increase will be higher and vary from city to city. #NewsTracker #Petrol #PDS #IOC #Diesel #VAT #price hike #Indian Oil Corp
India Inc's credit risk has become higher on weak rupee: Moody's

Sep 12, 2013

India Inc's credit risk has become higher on weak rupee: Moody's

Companies such as Indian Oil Corp , Tata Steel Ltd and Tata Power Company Ltd will remain highly leveraged over the next 12 months because of weak industry dynamics and resulting constraints on cash flows, it said. #Moody's #MOODY'S CORPORATION #ExpertView #Rupee fall #Indian Oil Corp #Tata Steel Ltd #Tata Power Company
As rupee nudges 69, RBI decides to sell dollars to oil PSUs

Aug 29, 2013

As rupee nudges 69, RBI decides to sell dollars to oil PSUs

The Reserve Bank of India will provide dollars directly to state oil companies in its latest attempt to shore up a currency that has slumped to a record low, reflecting the stiff economic challenges facing the country in an uncertain global environment. #Reserve Bank of India #PolicyWatch #Hindustan Petroleum #Indian Oil Corp #Bharat Petroleum Corp #Oil PSUs
IOC to start work on its first LNG terminal by end of 2013

Aug 13, 2013

IOC to start work on its first LNG terminal by end of 2013

Indian Oil Corp will start work on its first liquefied natural gas (LNG) plant at Ennore in the east coast by the end of this year, its chairman said on Tuesday, as it sees a gradual rise in local acceptance of the costly imported fuel. #LNG #IOC #Indian Oil Corp #Ennore #Hindustan Petroleum Corp #Bharat Petroleum Corp

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IOC to start work on its first LNG terminal by end of 2013

Sep 04, 2014

Kuwait Petroleum said to eye stake in Indian refinery

Sources says Kuwait Petroleum Corp aims to pick up stake in Indian Oil Corp's Paradip refiner...