Indian Oil-corporation

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Indian Oil-corporation - Total results - 114
Eight injured in major fire at IOC petrol pump in Odisha's Bhubaneswar; two critical, fire under control, say officials
India

Eight injured in major fire at IOC petrol pump in Odisha's Bhubaneswar; two critical, fire under control, say officials

Eight people were injured in a major fire that broke out at an Indian Oil Corporation petrol pump near Raj Bhavan here on Wednesday, police said

LPG gets costlier from today: Price of cylinder goes up by Rs 37 in metros; jet fuel price hiked 50%
Business

LPG gets costlier from today: Price of cylinder goes up by Rs 37 in metros; jet fuel price hiked 50%

The Oil Marketing Companies (OMCs) have hiked the price of Liquified petroleum gas (LPG) cylinder rates effective from today (1 June) to Rs 37 for a cylinder of non-subsidised LPG in metro cities.

Govt slashes LPG prices amid coronavirus lockdown; non-subsidised cylinder to cost Rs 744 in Delhi, Rs 714 in Mumbai
Business

Govt slashes LPG prices amid coronavirus lockdown; non-subsidised cylinder to cost Rs 744 in Delhi, Rs 714 in Mumbai

In India, every household is entitled to receive 12 cylinders at subsidized rates each year. If a family has requirement of more than that, they need to buy it at the market rate.

Russia, Saudi Arabia play 'who-blinks-first' over crude price; scramble over market share gives Indian oil firms 'additional bargaining power'
Business

Russia, Saudi Arabia play 'who-blinks-first' over crude price; scramble over market share gives Indian oil firms 'additional bargaining power'

The exacting decision by Riyadh to spike production was triggered by the failure on Friday to strike a deal with Russia on a new round of OPEC+ production cuts to arrest swooning oil prices owing to the novel coronavirus.

IOC invests Rs 3,000 cr to upgrade Haldia refinery for BS-VI fuel; says consumers need not pay higher prices for clean fuel initially
Business

IOC invests Rs 3,000 cr to upgrade Haldia refinery for BS-VI fuel; says consumers need not pay higher prices for clean fuel initially

The company has incurred a total expenditure of around Rs 17,000 crore across its refineries in India to manufacture BS-VI fuel, Bharat said.

Calcutta HC asks RBI to take action against Bank of Baroda for failing to honour bank guarantee dismisses lender's appeal for default
Business

Calcutta HC asks RBI to take action against Bank of Baroda for failing to honour bank guarantee dismisses lender's appeal for default

IOCL maintained that in such circumstances and considering the conduct of Bank of Baroda, an appropriate order ought to have been passed to revoke its licence since it had acted in a manner unbecoming of a bank, a nationalised bank at that.

Reliance Industries topples Indian Oil Corporation to become country's largest company in Fortune India 500 list
Business

Reliance Industries topples Indian Oil Corporation to become country's largest company in Fortune India 500 list

Boosted by its consumer-facing businesses like organised retail and telecom, Reliance Industries ended state-owned Indian Oil Corporation's (IOC) 10-year reign as India's largest company, topping the Fortune India 500 list

Sensex crosses 40,000-mark again, Nifty nearing 11,850 on foreign fund inflows; Airtel, Infosys, ITC gain over 2%
Business

Sensex crosses 40,000-mark again, Nifty nearing 11,850 on foreign fund inflows; Airtel, Infosys, ITC gain over 2%

Top gainers in the Sensex pack included Bharti Airtel, L&T, Infosys, ITC, Vedanta, HDFC Bank, Bajaj Auto, Kotak Bank and Sun Pharma rose up to 2 percent.

Relief for Air India: OMCs defer decision to suspend fuel supplies after national carrier promises to clear dues
Business

Relief for Air India: OMCs defer decision to suspend fuel supplies after national carrier promises to clear dues

State-owned fuel retailers on Friday decided to defer their decision to suspend jet fuel supplies to Air India after the national carrier promised to make regular payments to clear outstanding dues, officials said

Air India says fuel payment issues with oil PSUs will be resolved soon; assures customers of 'smooth' operations
Business

Air India says fuel payment issues with oil PSUs will be resolved soon; assures customers of 'smooth' operations

Late August, IOCL, BPCL, HPCL had stopped fuel supplies to Air India at 6 airports of Kochi, Mohali, Pune, Patna, Ranchi and Vizag over payment defaults

Pay dues monthly, or will stop fuel supply from 18 October say oil companies to Air India; national carrier owed Rs 5,000 cr in unpaid fuel bills till August
Business

Pay dues monthly, or will stop fuel supply from 18 October say oil companies to Air India; national carrier owed Rs 5,000 cr in unpaid fuel bills till August

On 22 August, Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp had stopped fuel supplies to Air India at six airports in the country

Former India hockey player V R Raghunath sees tough domestic circuit enabling healthy competition for selection in senior national side
Sports

Former India hockey player V R Raghunath sees tough domestic circuit enabling healthy competition for selection in senior national side

V R Raghunath said that almost all the 33 players in the India core group have international experience and there is healthy competition within the group to

IOC to invest Rs 2 lakh cr to expand refining, petrochem capacities to maintain leadership position
Business

IOC to invest Rs 2 lakh cr to expand refining, petrochem capacities to maintain leadership position

The country's biggest oil firm Indian Oil Corporation (IOC) will invest Rs 2 lakh crore in next 5-7 years to expand refining and petrochemical capacities in order to maintain a leadership position, its Chairman Sanjiv Singh said

IOC Q1 net profit slumps 47% to Rs 3,737 cr on lower refinery margins, inventory gains
Business

IOC Q1 net profit slumps 47% to Rs 3,737 cr on lower refinery margins, inventory gains

State-owned Indian Oil Corporation (IOC) on Wednesday reported a 47 percent drop in its first-quarter net profit due to fall in refinery margins and inventory gains

Mukesh Ambani, IOC's Sanjiv Singh, ONGC's Shashi Shanker in list of world's top CEOs
Business

Mukesh Ambani, IOC's Sanjiv Singh, ONGC's Shashi Shanker in list of world's top CEOs

Richest Indian Mukesh Ambani, Indian Oil Corporation (IOC) Chairman Sanjiv Singh and ONGC head Shashi Shanker are among the 10 Indian CEOs named in the CEOWORLD magazine's global ranking of the world's most influential chief executives in 2019

IOC threatens to cut fuel supply to Air India for non-payment of bills; flight services likely to be partially hit
Business

IOC threatens to cut fuel supply to Air India for non-payment of bills; flight services likely to be partially hit

IOC has threatened to stop fuel supply at certain airports such Patna, Pune, Chandigarh, Cochin, Visakhapatnam and Ranchi

Prithvi Shaw not 100 percent fit from hip injury, says he does not want to put time frame on recovery
First Cricket News

Prithvi Shaw not 100 percent fit from hip injury, says he does not want to put time frame on recovery

The 19-year-old from Mumbai, who scored a debut hundred against the West Indies last year, was supposed to tour the Caribbean with the India 'A' team before being sidelined due a hip injury

Non-subsidised LPG cylinders to be cheaper by Rs 100 from tomorrow; rate revision based on prices in international market
Business

Non-subsidised LPG cylinders to be cheaper by Rs 100 from tomorrow; rate revision based on prices in international market

According to Indian Oil Corporation (IOC), non-subsidised liquefied petroleum gas (LPG) gas cylinders will be available for Rs 637 per cylinder.

Fund transfers via RTGS, NEFT to cost less from 1 July; non-subsidised LPG cylinders to be cheaper by Rs 100 in Delhi
Business

Fund transfers via RTGS, NEFT to cost less from 1 July; non-subsidised LPG cylinders to be cheaper by Rs 100 in Delhi

Country's largest bank SBI charges between Re 1 and Rs 5 for transactions through NEFT and between Rs 5 and Rs 50 for RTGS route

Cyclone Fani: Indian Oil Corporation says arrangements in place for uninterrupted fuel supply in Odisha, West Bengal
India

Cyclone Fani: Indian Oil Corporation says arrangements in place for uninterrupted fuel supply in Odisha, West Bengal

IOC is continuing to operate its 15 million tonne per annum capacity refinery at Paradip on Odisha coast. The refinery is designed to withstand cyclones with a speed of more than 200 kilometres per hour