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Indian Oil Corporation News
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Modi government gives Mega order, clears disinvestment of 5 top PSUs; WATCH Anil Singhvi's Editor's take
Thu, Nov 21, 2019
Modi government has cleared the desks to sell stakes in as many as five big Public Sector Undertakings (PSUs). The cabinet has approved this strategic disinvestment after a high level meeting held on Wednesday night.
IOC maintains interest in BPCL, may bid on lower offer size
Tue, Nov 05, 2019
While the mandate of advisors is to come up with a fair valuation of BPCL, identify investors and close the deal, sources said they may also present two scenarios -- one where 53.29 per cent stake is sold to a strategic investor, and the other where a strategic investor will pick up half of this stake but take management control by virtue of having the largest shareholding.
IOC close to big breakthrough, will help government eliminate all single-use plastic by 2022
Sun, Nov 03, 2019
Indian Oil Corporation, the countrys largest PSU refiner and retailer, is about to complete a research that could throw up one of the biggest breakthroughs and help the government eliminate all single-use plastics from the country by 2022.
Apollo Tyres, IOCL to Tata Power: Which shares should you invest in?
Fri, Aug 02, 2019
JM Financial said Marico’s Q1FY20 report was expectedly strong - domestic volumes grew 6 percent and was again led by Parachute rigid packs while Saffola’s performance is likely to continue raising question marks on the brand’s value proposition.
IOC Q4 profit jumps 17% to Rs 6,099 crore; here's what chairman Sanjiv Singh said
Mon, May 20, 2019
Indian Oil Corporation Ltd (IOC) on Friday reported its fourth-quarter results. The company said in its filling that the net profit for the quarter was surged 17% to Rs 6,099 crore, driven by higher exchange gains.
We have a CapEx of Rs 25,000 crore for the fiscal, says Sanjiv Singh, Chairman, IOC
Mon, May 20, 2019
We had a profit of around Rs16,800 crore this year and there was a significant improvement in terms of Q4toQ4, says Sanjiv Singh, Chairman, Indian Oil Corporation. Singh during an interview with Swati Khandelwal, Zee Business.
NAFED to procure 20 lakh tonne each of pulses, oilseeds from farmers at MSP rate
Fri, Apr 12, 2019
"We will be purchasing 15-20 lakh tonne of pulses and 20 lakh tonne of mustard in the ongoing rabi harvesting season," Chaddha told reporters on the sidelines of a conference organised by industry body Assocham on compressed bio-gas.
Jet Airways finally gets some relief from Indian Oil Corporation
Wed, Apr 10, 2019
As per industry insiders, some payments were made to the fuel retailer after the lenders provided an emergency funding relief of Rs 33 crore last Friday.
Indian Oil refineries are gearing up to meet BS VI norms: Sanjiv Singh, IOC
Wed, Jan 23, 2019
Sanjiv Singh, Chairman & MD, Indian Oil Corporation (IOC) Limited, spoke about the concerns related to crude, the impact of inventory losses and expansion plans among others during an interview with Swati Khandelwal, Zee Business, on the sidelines of World Economic Forum, Davos.
Exclusive chat with Sanjeev Singh, Chairman, Indian oil corporation on crude oil rate
Sun, Jan 13, 2019
Watch Exclusive chat with Sanjeev Singh, Chairman, Indian oil corporation on crude oil rate.
Subsidised LPG price cut by Rs 5.91 per cylinder; non-subsidised LPG rate reduced by Rs 120.50
Mon, Dec 31, 2018
In a big relief to consumers, the domestic cooking gas (LPG) price was cut by Rs 5.91 per cylinder on Monday, the Indian Oil Corp (IOC), the country's largest fuel retailer, said in a statement.
Indian Oil, ONGC, NTPC most profitable PSUs in FY18; Check here which are loss making govt firms
Fri, Dec 28, 2018
In the year 2017-18, Oil Corporation, ONGC and NTPC emerged as the top three most profitable PSUs, while BSNL, Air India and MTNL have incurred the highest losses for the second consecutive year, said a Public Enterprises Survey 2017-18.
Fuel prices today: No change in petrol, diesel cost after Christmas; check rates in major cities
Wed, Dec 26, 2018
There is a huge sigh of relief for the commuters as the petrol touched all time high in October this year. Petrol was selling over the price bracket of Rs 90 per litre in Mumbai which is down by almost 17 per cent now.
IOC Q1 net profit up 50% to over Rs 7k cr
Sat, Aug 11, 2018
Indian Oil Corporation (IOC) today reported 50.27 per cent jump in consolidated net profit at Rs 7,092.42 crore for the first quarter of the current fiscal.
Your LPG cooking gas price to be hiked by Rs 25.50 from August in Delhi
Wed, Aug 01, 2018
The price of non-subsidised LPG cooking gas will be hiked by Rs 35.50 per cylinder in New Delhi, and that of the subsidised one by a marginal Rs 1.76, effective August 1.
IOC, HPCL, BPCL top gainers on Nifty; rally up to 6% as oil prices tank
Tue, Jul 17, 2018
Shares of Hindustan Petroleum Corp and Indian Oil Corp gained 6.56 per cent to Rs 281.70 and 4.76 per cent to Rs 165, respectively on the NSE. Bharat Petroleum Corporation added 3.47 per cent to Rs 395.50. HPCL, IOC and BPCL were the top gainers on the Nifty index.
Oil marketing companies on fire! IOC, HPCL, BPCL share prices rally up to 5%
Fri, Jul 06, 2018
Shares of leading oil marketing companies such as IOC, HPCL, BPCL rallied by up to 5 per cent as US-China trade war fears weighed on global oil prices. IOC, HPCL, BPCL were the top gainers on Nifty index.
IOC, BPCL, HPCL share prices cut losses after IOC clears confusion over petrol, diesel rate cuts
Wed, May 30, 2018
IOC share price slipped 1.8 per cent to Rs 168.80, BPCL 2.2 per cent to Rs 396.40, and HPCL 3.3 per cent to Rs 305 on the BSE. OMCs cut losses marginally after revised prices were announced.
IOC to give LPG connections to 6.55 lakh poor families in NE
Sat, Apr 14, 2018
Under the programme Gram Swaraj Abhiyan, the company will handover LPG connections to 6.55 lakh families across 6,741 villages in the northeast, including 2.4 lakh new connections in 3,042 villages in Assam, Indian Oil Corporation Chief General Manager Uttiya Bhattacharyya said
1500 km pipeline in Assam to supply gas to NE states
Sat, Feb 03, 2018
It will stretch from Guwahati to Tinsukia via Numaligarh to supply gas to the NE states