Indian Oil

Indian Oil


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Indian companies had borrowed USD 2.15 billion from overseas markets in July 2020.

Indian companies' foreign borrowing jumps 60% in July to $3.43 billion

Sep 02, 2021

Of the total borrowings during July 2021, $3.03 billion came in through the automatic route of the ECB, while $400 million was through the approval route

The ranking of many Indian companies, including TCS, HDFC Bank, HDFC and Bharti Airtel, saw a decline compared to the last year

12 Indian companies make it to Hurun Global 500 list; Wipro, Asian Paints, HCL new entrants

Aug 20, 2021

Indian companies were led by oil-to-telecom giant RIL, whose valuation stood $188 billion, up 11 per cent, and TCS with $164 billion valuation, followed by HDFC Bank at $113 billion

Last year, the ISPRL filled the SPRs with cheap oil and it needs to sell some of that to make way for leasing

India begins selling oil from strategic petroleum reserves

Aug 18, 2021

India had changed its policy to allow the Indian Strategic Petroleum Reserves Ltd (ISPRL), which manages the federal oil inventories, to lease 30% of its overall 37 million barrels capacity to Indian and foreign companies

Five will be installed in the Marathwada region. Photo: Reuters

Indian Oil aims to install EV charging facility at 100 outlets in Maharashtra

Aug 13, 2021

Five will be installed in the Marathwada region. Wherever needed, the charging guns will be upgraded from 15 KW capacities to 45 KW, says IOC General Manager (Retail Sales) Ajay Kumar Shrivastav

A separate joint venture of the firm with BP, called RBML Solutions India Ltd too has got a licence

RIL, Reliance-BP Mobility get fuel retailing licence: Centre

Aug 10, 2021

RIL already had a fuel retailing licence, under which it had set up over 1,400 petrol pumps in the country. But this licence was transferred to its subsidiary Reliance BP Mobility (RBML)

IOC sells diesel, cooking gas (LPG) and kerosene at government-controlled rates. Photo: Reuters

IOC Q1 result: Net profit rises threefold to Rs 5,941.37 cr

Jul 30, 2021

Indian Oil Corporation's revenue from operations grew 74 per cent to Rs 1.55 lakh crore during Q1 FY22

IOC also plans to build a green hydrogen plant at its 160,000 bpd Mathura refinery in Uttar Pradesh (Source:Reuters)

Indian Oil Corp to fuel capacity expansion with green power

Jul 23, 2021

IOC, which controls about a third of India's 5 million barrels per day (bpd) of refining capacity, aims to raise its capacity by about 500,000 bpd by 2023-24

This will be the nation's first green hydrogen unit (Source: PTI)

IOC to set up India’s first green hydrogen plant at Mathura refinery

Jul 20, 2021

Indian Oil Corporation (IOC) has drawn a strategic growth path that aims to maintain focus on its core refining and fuel marketing businesses while making bigger inroads into petrochemicals, hydrogen and electric mobility over the next 10 years.

Govt responds to reports of Cairn freezing state's assets in Paris

‘Not received notice or order’: Govt on reports of Cairn Energy freezing Paris assets

Jul 08, 2021

On Thursday, reports stated that the oil group from UK froze properties owned by Indian government in an attempt to force Centre to pay up $1.7 billion arbitration award

Stocks in news: SBI, Airtel, TCS, Oil India, Central Bank, Indian Overseas Bank and more

Stocks in news: SBI, Airtel, Oil India, Central Bank and more

Jun 22, 2021

Stocks in news: SBI, Airtel, TCS, Oil India, Central Bank, Indian Overseas Bank and more

Inflation hits Indian budgets; Cooking oil, fuel see sharpest rise in prices

Jun 15, 2021

India's retail inflation has spiked sharply to 6.3 per cent in May after easing to 4.23 per cent in April, as per data released by the government on Monday. Retail inflation, measured by the Consumer Price Index (CPI), has jumped primarily due to higher food and fuel prices. It has breached the Reserve Bank of India's target range of 2-6 per cent for the first time in five months. Experts have expressed concern about higher inflation and the second wave of the Covid-19 pandemic, which has severely impacted lower and middle-income families. Watch the video for more.

Also Read: Retail inflation rise in May likely to cause RBI to 'revisit focus on growth risks', says Oxford