Petrol price cut by Rs 0.80/litre, diesel by Rs 1.30/litre

Petrol price was Wednesday cut by 80 paise per litre and diesel by Rs 1.30 a litre on global cues, the second reduction in rates this month.

IOC airlifts aviation fuel to Srinagar to aid flood relief

As the Army stepped up rescue operations in the flood ravaged Kashmir Valley, Indian Oil Corp (IOC) has airlifted aviation fuel (ATF) to Srinagar to aid air sorties to the marooned valley.

Playing is paying

Go out and play. Its serious business now, says Patricia Mascarenhas while exploring the job opportunities that come with playing a sport.

S&P assigns ‘stable’ outlook to IOC, affirms `BB+` rating

Standard & Poor`s on Tuesday revised its outlook for Indian Oil Corp (IOC) to stable from negative on expectations that the government will continue to compensate the company for selling fuel below market rates.

IOC losing Rs 79 cr per day on selling fuel below cost

State-run Indian Oil Corp, the nation`s largest fuel retailer, is losing about Rs 79 crore per day on selling auto and cooking fuel below cost.

IOC may shell out 1,100 cr to buy 5% stake in Oil India

Indian Oil Corp will buy
one crore equity shares or five percent stake in Oil India
Ltd before the PSU explorer gets listed on the bourses
later this month.

IOC implementing Rs 60,000cr worth projects, bets on petrochem

Indian Oil Corp (IOC) is currently
implementing projects worth Rs 60,000-crore, which includes
capacity expansion of refineries and building of petrochemical

IOC losing over Rs 4 a litre on petrol sales

State-run Indian Oil Corp (IOC) on Friday said it is losing more than Rs 4 a litre on selling petrol and over Rs 2 per litre on diesel.