India’s largest auto fuel retailer Indian Oil Corporation Ltd (IndianOil) says it is not just about having petrol pumps; the real challenge is to make them work 24×7, 365 days. The government recently liberalised the fuel retail policy, allowing non-oil companies also to enter the business.
Numetal was rejected in the first-round bidding as it was not compliant with section 29A of the Insolvency and Bankruptcy Code …
The Madurai LPG bottling plant of the Indian Oil Corporation (IOC) in Mattaparai village in Dindigul district, will soon enhance its storage capacity from the current 900 (3 x 300) metric tonne (MT) by another 1,800 (3 x 600 MT). The plant is awaiting regulatory clearance.
The chief executive officer of Tata Consultancy Services Ltd. argues the industry’s opportunities today are bigger than they’ve ever been …
ONGC is currently trading at Rs. 126.85, up by 0.90 points or 0.71% from its previous closing of Rs. 125.95 on the BSE. The scrip opened at Rs. 126.50 and has touched a high and low of Rs. 127.00 and Rs. 125.50 respectively. So far 76056 shares were traded on the counter.
Saudi Aramco’s trading arm bought 70,000 tonnes of naphtha from Indian Oil Corp (IOC.NS) on Friday at premiums not seen since 2013 as it seeks to plug a supply gap following Sept. 14 attacks on its facilities, trade sources said on Monday.
After Reliance Industries, state-owned Indian Oil Corp (IOC) has built a road using single-use waste plastic as the industry demonstrated recycling opportunities to keep plastic in use whose alternative in paper or metal have much higher energy and water footprint.
The central government has prepared a plan to bring down its stake in some large central public sector enterprises (CPSEs) to below 51% in FY20 in order to raise funds to make up for tepid revenue growth. On the disinvestment radar this fiscal are public sector units (PSUs)
The Indian Oil Corporation (IOC) has come together with the National Thermal Power Corporation (NTPC) to establish electric vehicle charging stations in Greater Noida.
India’s state-owned refiners are still betting on expansion of refining capacity, though the focus now is also on upgrading refineries to include petrochemicals along with refining.