Indian Oil Corporation (IOC)
GAIL wins bankruptcy court nod to acquire JBF Petrochemicals
Wed, Mar 15, 2023
In a stock exchange filing, GAIL (India) Ltd said the Ahmedabad bench of the National Company Law Tribunal (NCLT) has approved the resolution plan it had submitted after JBF was auctioned by lenders to recover unpaid dues.
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February 1 Rule Change Alert! These are big changes that will directly impact common man's pocket from February 1
Wed, Feb 01, 2023
Rules Change From February 1: Apart from the Union Budget 2023, several changes have also been announced which will directly affect the common man's pocket. Here's a list of 6 big changes that have come into effect from February 1.
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IOC Q2FY23 Results: Oil marketing company reports Rs 272 cr loss for second straight quarter
Sat, Oct 29, 2022
IOC as well as other state-owned fuel retailers had booked heavy losses in the first quarter of the current fiscal as they did not revise petrol, diesel and cooking gas LPG prices in line with the cost to help the government contain runaway inflation.
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Petrol, Diesel Prices Today, October 14: Check latest fuel prices in Delhi, Mumbai and other cities - City-wise complete list
Fri, Oct 14, 2022
Petrol, Diesel Prices Today, October 14: The prices of petrol and diesel are reviewed by oil marketing companies on daily basis and changes in petrol and diesel prices are implemented from 6 am every day if any.
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Big news for public sector Oil Marketing Companies: Cabinet approval of Rs 22,000 crore likely | Exclusive
Wed, Oct 12, 2022
Big news for public sector Oil Marketing Companies: The allocation will be a big bonanza for the oil marketing companies like Indian Oil Corporation Ltd. (IOCL), Hindustan Petroleum Corporation Ltd. (HPCL) and Bharat Petroleum Corporation Ltd. (BPCL).
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Petrol, Diesel Prices Today, October 11: Check rates in Delhi, Mumbai, Noida and other cities
Tue, Oct 11, 2022
Petrol, Diesel Prices Today, October 11: Public sector Oil marketing companies (OMCs) including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise the fuel prices daily in line with international benchmark prices and foreign exchange rates.
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Oil prices at seven-month low but no change in petrol, diesel prices in India
Mon, Sep 12, 2022
International benchmark Brent crude fell below USD 90 per barrel last week for the first time since early February as recession fears weigh on demand. It has since recovered and is trading at USD 92.84 per barrel, the lowest in six months.
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Union Transport Minister Nitin Gadkari pitches for priority sector lending for companies engaged in alternative fuels
Mon, May 02, 2022
Union Transport Minister Nitin Gadkari on Monday argued for extending priority sector lending facilities for entities engaged in the production and business of alternative fuels.
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IOC, BPCL, HPCL lost USD 2.25 bn in revenue due to fuel price freeze: Moody's
Thu, Mar 24, 2022
India's top fuel retailers IOC, BPCL and HPCL have together lost around USD 2.25 billion (Rs 19,000 crore) in revenue in March by keeping petrol and diesel prices unchanged despite a sharp rise in crude oil prices, Moody's Investors Service said on Thursday.
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Indian Oil buys 30 lakh barrels of crude oil that Russia offered at steep discount
Wed, Mar 16, 2022
Indian Oil Corporation (IOC), the nation's top oil firm, has bought as much as 3 million barrels of crude oil that Russia had offered at steep discount to prevailing international rates, sources said.
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Gillette India, Indian Oil, Sun Pharma turn ex-dividend today; know when eligible shareholders will get dividends
Wed, Feb 09, 2022
Gillet India, Indian Oil, Sun Pharma dividend update: Shares of Gillet India, Indian Oil Corporation (IOC) and Sun Pharmaceuticals will start trading ex-dividend, starting today, February 9.
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Tata Motors bags order of 15 hydrogen-based fuel cell buses from Indian Oil Corporation; to be delivered within 144 weeks of signing MoU
Wed, Jun 30, 2021
Tata Motors has announced that it has won a tender of 15 hydrogen-based proton exchange membrane (PEM) fuel cell buses from the Indian Oil Corporation Limited (IOCL).
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Odisha approves Rs 34,197 cr investment proposals including Rs 28,700 cr by HPL
Tue, Mar 05, 2019
Haldia Petrochemicals Ltd during the Make in Odisha Conclave- 2018 had proposed to set up an integrated refinery with aromatics complex for production of Paraxylene and Purified Terepthalic Acid (PTA) at a total investment of Rs 28,700 crore near Subarnarekha Port in Balasore district.
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Happy New Year 2019 Modi govt gift! LPG cylinder prices cut by Rs 5.91, Rs 120.50
Mon, Dec 31, 2018
According to the IOC statement, non-subsidised or market priced LPG cylinder rates have been cut by a steep Rs 120.50 per cylinder too. Reason behind the move to cut the rates was made clear by the statement - “due to fall in price of LPG in international market and strengthening of US dollar-rupee exchange rate.”
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