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Central Excise slaps Rs 4.6-crore tax notice on Indian Oil

May 13, 2014

Central Excise slaps Rs 4.6-crore tax notice on Indian Oil

The Directorate General of Central Excise Intelligence (DGCEI) has issued a show cause-cum-demand notice of over Rs 4.6 crore to the nation's largest oil firm Indian Oil Corporation for not paying service tax under the head of a 'goods transport agency'. #India #NewsTracker #Indian Oil Corporation #Central Excise #DGCEI #Samanjasa Das
EGoM to discuss alternatives next week for IOC share sale

Jan 11, 2014

EGoM to discuss alternatives next week for IOC share sale

The ministry, they said, is open to discussing such alternatives which will help meet the Rs 4,000 crore target the finance ministry is looking at from sale of IOC shares. #NewsTracker #ONGC #GAIL #EGoM #Indian Oil Corporation #IOC #Veerappa Moily #PSU
Cabinet clears 10% disinvestment in IOC, to fetch Rs 3,750 crore

Aug 01, 2013

Cabinet clears 10% disinvestment in IOC, to fetch Rs 3,750 crore

The Cabinet today cleared the proposal for sale of 10 percent government stake in Indian Oil Corporation (IOC), which may fetch around Rs 3,750 crore to the exchequer at the current market price. #Indian Oil Corporation #Cabinet #PolicyWatch #Cabinet Committee on Economic Affairs

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Moily in Iraq to expand cooperation in energy sector

Jun 29, 2014

Providence €1bn sale would have saved O'Reilly

Indian State-owned energy company Oil and Natural Gas Corporation (ONGC) last year eyed a full takeover of Providence Resources at a value of up to $1.5bn (€1.1bn). A deal at that level would have valued biggest shareholder Tony O'Reilly's 15pc stake...
Moily in Iraq to expand cooperation in energy sector

Jun 30, 2014

Media Bites: Government is lining up Asian investors

SUNDAY TIMES:The Government is lining up Asian and Middle Eastern investors to buy billions of euro in long-term Irish bonds as the economic outlook improves, replacing the opportunist investors who bought during the crisis. Officials from the Nation... #European Union #Europe #David Cameron #William Hague #Bank of England