Indian Oil
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Indian Oil Corporation Director-designate suspended over information leak
Mar 03, 2015, 07:47 AM ISTNew Delhi: State-owned Indian Oil Corp's (IOC) director (R&D)-designate Debangshu Ray has been suspended for allegedly leaking confidential information to a private company.Mr Ray, who is General Manager (International Trade), was suspended on Friday, company
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Central Excise slaps Rs 4.6-cr tax notice on Indian Oil
May 13, 2014, 11:18 PM ISTMumbai: 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
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India home to 54 of world's largest, most powerful companies
May 08, 2014, 06:20 PM ISTNew York: Mukesh Ambani- led Reliance Industries leads the pack of 54 Indian companies in Forbes' annual list of the world s 2000 largest and most powerful public companies, with Chinese companies occupying the top
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Finance Ministry seeks 30% dividend from oil PSUs
Nov 04, 2013, 11:56 PM ISTNew Delhi: The Finance Ministry has asked all profit-making oil PSUs to pay a minimum 30 per cent dividend in the current financial year. Presently, all profit-making central public sector undertakings ( CPSU) are required
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Bombay Gold Cup: Air India to meet Indian Oil in final
Hockey | Oct 27, 2013, 10:54 AM ISTMumbai : Star-studded Indian Oil and Air India would meet in the final of the 48th Bombay Gold Cup Hockey Tournament here today.In the semifinals yesterday, IOL overwhelmed local super league champions Western Railway 7-1
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Indian Oil to invest Rs 8,000 cr in Koyali refinery
Aug 21, 2013, 04:59 PM ISTNew Delhi: State-owned Indian Oil Corp (IOC) will invest about Rs 8,000 crore to expand capacity at its Koyali oil refinery in Gujarat to 18 million tonnes per annum by 2016-17.The expansion from 13.7 million
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Indian Oil's Q1 loss narrows to Rs 3,093.23 crore
Aug 13, 2013, 04:51 PM ISTNew Delhi: State-owned Indian Oil Corp on Tuesday reported a net loss of Rs 3,093.23 crore in the June quarter.The loss narrowed from Rs 22,450.95 crore in the same period a year ago, the company
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Indian Oil Corp raises $500 million in bond issue
Jul 29, 2013, 04:14 PM ISTNew Delhi, July 29: State-owned Indian Oil Corp (IOC) on Monday said it has raised $500 million by selling 10-year dollar-denominated bonds, its fourth such issue overseas in three and a half years.The company priced
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BJP MP writes to Centre over fire mishaps at IOC refinery
India | Jul 27, 2013, 05:52 PM ISTVadodara, Jul 27: Local BJP Member of Parliament Balkrishna Shukla has written to the Centre seeking an inquiry into frequent fire mishaps at the Indian Oil Corp (IOC)-owned Gujarat Refinery here, the latest being last
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Major fire at Indian Oil's Hazira terminal
India | Jan 05, 2013, 08:40 PM ISTMumbai/New Delhi, Jan 5: A major fire broke out Saturday at a petrol storage tank in Hazira terminal of the Indian Oil Corporation (IOC) in Gujarat, company officials said.Local authorities rushed fire brigades from Surat
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Port Trust didn't send boats, Indian Oil refused to give diesel hours before Pratibha Cauvery sank
India | Nov 04, 2012, 09:27 AM ISTChennai, Nov 4 : Nature's fury and panic among the crew that the Pratibha Cauvery was likely to capsize led the captain to abandon the oil tanker as cyclone Nilam hit the Tamil Nadu coast
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Hockey: Indian Oil, Air India enter final
Hockey | Sep 15, 2012, 10:00 PM ISTChennai, Sep 15: Indian Oil Corporation (IOC) and Air India entered the final of the 87th All-India MCC Murugappa Gold Cup hockey tournament with hard fought victories here Saturday.Joga Singh's 53rd minute goal carried Air
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India, China in confrontation mode, China puts Indian oil block up for auction
World | Jul 17, 2012, 08:49 AM ISTNew Delhi, July 17 : China has triggered a fresh confrontation with India by putting an Indian oil block off the Vietnam shores for global bidding. An Indian Express report said, the block numbered 128,
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Oil companies reduce jet fuel price by 2%
Jun 01, 2012, 01:02 PM ISTNew Delhi, June 1: State-owned oil companies on Thursday cut jet fuel price by two per cent, the fourth straight reduction in rates since April.The price of aviation turbine fuel (ATF), or jet fuel, in
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Oil Firms Warn Of Disruptions In Fuel Supply
Apr 02, 2012, 02:32 PM ISTNew Delhi, Apr 2: State-owned oil companies today warned of disruptions in fuel supplies if they are not allowed to raise petrol price or compensated for the Rs 48 crore per day loss they incur
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Indian Oil Refiners Want Exemption From Withholding Tax For Rupee Payments To Iran
Feb 10, 2012, 02:52 PM ISTNew Delhi, Feb 10 : Indian oil refiners want exemption from payment of withholding tax to start using a newly agreed mechanism of paying in rupee for the crude oil they buy from the Persian
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8 Indian Cos Among Fortune-500
Jul 11, 2011, 06:52 PM ISTNew York, Jul 11: Eight Indian companies have made the cut in the list of world's 500 largest companies compiled by Fortune magazine, with Indian Oil finding a place in the top 100 and Reliance
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Indian Oil Wins Obaidullah Gold Cup Hockey
Hockey | Jun 01, 2011, 04:06 PM ISTBhopal, June 1: Indian Oil Corporation (IOC) won its maiden title in the 65th All-India Obaidullah Gold Cup Hockey Tournament being played at the Aishbagh Stadium here by defeating BPCL 3-2 in a closely contested
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Indian Oil Raises Petrol Price By 27 Paise A Litre
India | Sep 20, 2010, 10:00 PM ISTNew Delhi, Sep 20 : State-owned Indian Oil Corp (IOC) on Monday raised petrol price by Rs 0.27 a litre effective midnight tonight, while other public sector firms are likely to follow suit in the