Indian Oil Corporation
RIL, IOC, GAIL-OIL lead race for Haldia Petrochem stake
04 Oct 2013
RIL, which is considered the frontrunner for buying Haldia Petrochemicals' stake, could face formidable competition from the state-owned combine of GAIL and OIL
Indian Oil in talks to buy Petronas Canadian shale gas assets
10 Jul 2013
Petronas, one of the world's largest producers and shippers of supercooled LNG fuel,is raising finances to fund its proposed $20-billion Pacific Northwest LNG project
IOC bags Rs1684cr in Singapore bond issue
06 Oct 2012
OIL, IOC acquire 30 per cent in Carrizo’s shale gas assets in US for $82.5 million
04 Oct 2012
The investment provides the two companies an early entry into shale gas, a prolific unconventional oil play, and opens up the possibility of future acquisitions
IOC cuts petrol prices by 2.46 to 3.22 per litre
28 Jun 2012
The downward revision in prices, including state levies, varies from state to state depending upon local taxes
Oil retailers deny making big profits; say only bailouts keep them afloat
04 Jun 2012
The oil marketing companies say it was only a subsidy compensation package of Rs1,38,500 crore that enabled them to declare nominal profits for the year
Retailers will raise petrol prices unilaterally, IOC warns govt
18 Apr 2012
The government-run oil marketing companies say they cannot sustain their finances if they are forced to keep selling petrol below the price at which they have to buy it
Indian Oil expects Rs73,605-cr loss as borrowings rise to Rs79,000 crore
13 Dec 2011
Last year the three public sector companies had total under-recovery of Rs78,190 crore, while this year, IOC alone has an under-recovery of Rs73,000 crore
IOC posts worst-ever quarterly results; may shut down refineries
10 Nov 2011
Indian Oil Corp has reported a net loss of Rs7,485.55 crore in the second quarter, and suggests it may have to close down some refineries as it lacks money to import crude.
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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