Indian Oil Corporation

Indian Oil Corporation News

Non subsidised LPG cylinder price cut by Rs 120.50

This is the second straight monthly reduction in LPG rate. On December 1, subsidised LPG price was cut by Rs 6.52 per bottle, after six consecutive monthly hikes in rates. 

IOC tops seven Indian firms on Fortune 500 list, RIL jumps 53 places

Indian Oil Corp (IOC) with 23 per cent rise in revenues at $65.9 billion was ranked 137th, up from the 168th position in 2017, Fortune said.

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Indian Oil conducts surprise inspections of fuel depots in North East, finds irregularities

Indian Oil Corporation is carrying out a surprise inspection at its retail outlets in the North-East to detect any irregularity after some cases were reported from a few states in India. The drive has unearthed irregularities at 14 fuel depots.

Indian Oil Corporation launches 450-kg jumbo cylinder in Coimbatore

Indane Jumbo called the "Mini-Bulk" is available in minimum footprint size with a flow rate of up to 2,000 kg/hour and does not require license to use

Expected to start by March 31: PNG project unlikely to start operation before year-end in Chandigarh

Pipeline a joint venture of Indian Oil Corporation Limited and Adani Gas.

Indian Oil Corporation manager in Jaipur arrested for ‘Islamic State links’

According to the ATS, he was using Internet groups and forums to instigate Muslim youth to join the IS.

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IOC to invest Rs 1.75 lakh cr in 7 years, expand output by 54%

On the payments for Iran, IOC said it has $500 million dollars in pending dues, and the Centre is discussing the modalities of the payment.

LIC picks up nearly 86% of Indian Oil shares on offer

Centre mopped up Rs 9,379 crore from the IOC share sale, the biggest this fiscal. Earlier it raised Rs 3,300 crore from disinvestment in Dredging Corporation of India, Power Finance Corporation and Rural Electrification Corporation.

Govt to sell 10% stake in IOC on Monday

The 10 per cent stake sale in IOC, the fourth in this fiscal, is likely to help raise over Rs 9,500 crore based on its current share price.

Govt may form holding firm for swift stake sale in oil PSUs

Upstream companies witnessing subdued valuations on low crude prices.

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