India News | Press Trust of India | Tuesday March 3, 2015
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.
Saturday February 28, 2015
IOC president Thomas Bach unveiled the plan at a news conference following the IOC's executive board meeting in the host city to assess Games preparations for the first ever Olympiad in South America.
Press Trust of India | Monday February 16, 2015
The board of state-owned company last week approved an investment of Rs 1,843 crore in upgrading the 13.7 million tons Koyali refinery in Gujarat to produce Euro-IV complaint petrol and diesel.
Monday February 2, 2015
IOC board in its meeting on January 29 approved laying of a 1,150 km oil pipeline from Paradip to Hyderabad at a cost of Rs 2,789 crore.
South | J Sam Daniel Stalin | Saturday January 31, 2015
Transport companies dealing in Bulk LPG are on strike across south India, demanding a higher tariff. This has triggered fears of LPG shortage for domestic consumers.
Monday January 12, 2015
IOC would hold 45 per cent stake in the project while Tamil Nadu government enterprise, TIDCO will have 5 per cent holding. Balance 50 per cent will be held by financial institutions.
Indo-AsianNews Service | Tuesday January 6, 2015
China's submission came a day before the lapse of the deadline for cities to present their candidature files to the IOC. The committee president Liu Peng handed Beijing's guarantees to the IOC executive director for the Olympic Games Christophe Dubi.
Tuesday December 30, 2014
Indian Oil Corp (IOC) and other state-run fuel retailers have piled up inventory loss of over Rs 10,000 crore which together with the depreciating rupee has severely strained their finances ahead of a revision in petrol and diesel prices.
Friday December 26, 2014
State-run Indian Oil Corporation's (IOC) Gujarat refinery near here will start the process of land acquisition for its proposed Rs 6,800-crore capacity expansion project, a top company official has said.
Sunday December 14, 2014
Indian Oil Corp (IOC) tops the chart with an annual revenue of Rs 5,00,973 crore, while Mukesh Ambani-led Reliance Industries Ltd's (RIL) full-year revenue is Rs 4,44,021 crore.
AgenceFrance-Presse | Friday December 12, 2014
The option of moving some sliding events -- such as bobsleigh and luge -- to Nagano had been mooted when the International Olympic Committee (IOC) adopted a series of reforms this week allowing future Games hosts more flexibility in the sports they s...
AgenceFrance-Presse | Monday December 8, 2014
International Olympic Committee president Thomas Bach warned ahead of the opening of the special IOC session that the body had to transform itself in order to bolster its credibility.
Monday December 1, 2014
In its response to a clarification sought by the exchange that it may merge with IOCL, the company said IOC chairman B Ashok "merely" observed that among the various options being examined for improving the performance of CPCL, "the possibilities of ...
Sunday November 30, 2014
Indian Oil Corporation (IOC), the country's biggest oil company, is looking at setting up a green field refinery on the West Coast as part of its expansion plans, a top company official has said.
Monday November 24, 2014
Borrowings will also fall when the government rolls out the Modified Direct Benefit Transfer Scheme from January 2015 in the entire country. Under this, the cost of subsidies for LPG cylinders will be directly transferred to the consumer and oil mark...
Sunday November 23, 2014
Tata Motors plans to introduce several new technologies including the automated manual transmission (AMT) in its commercial vehicles in a bid to consolidate its position in the segment.
Thursday November 13, 2014
The company suffered a net loss of Rs 898.46 crore, or (-) Rs 3.70 per share, in July-September against a net profit Rs 1,683.92 crore, or Rs 6.94 per share, IOC Chairman B Ashok said.
Thursday November 13, 2014
IOC, the country's biggest refiner, had initially planned maintenance shutdowns of a cooling tower, the fluid catalytic cracker and other facilities at Koyali in September-October.
Wednesday November 12, 2014
Indian Oil Corp (IOC), the country's biggest refiner, is exploring options including a merger to save loss-making unit Chennai Petroleum Corp (CPCL), its chairman B Ashok told Reuters on Wednesday.
Monday November 10, 2014
The Oil Ministry has sought over Rs 8,183 crore cash subsidy to make good one-third of the losses that retailers like Indian Oil Corp (IOC) incurred on selling diesel and cooking fuel below cost in the September quarter.
Monday October 20, 2014
The Modi government on Saturday de-controlled diesel prices and also announced a hike in domestic gas prices. State-run refiners such as Indian Oil Corp, HPCL and BPCL as well as upstream companies such as ONGC, Oil India and GAIL jumped between 4-9 ...
Monday October 20, 2014
The Nifty opened with sharp gains on Monday as indicated by futures trade on Singapore Stock Exchange and on the back of positive domestic cues. Foreign investors continued to be net sellers of Indian equities on Friday as they have sold stocks worth...
Tuesday October 14, 2014
Petrol price was today cut by Rs 1 a litre, but the first reduction in diesel rates in over five years will have to wait till completion of assembly polls. State-owned oil firms, which cut petrol price by 54 paisa on October 1, reduced rates by anoth...
Tuesday October 7, 2014
Oil and gold prices are trading near 25 month lows. The fall in commodities will counter the weakness in rupee and attract foreign flows.