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IOC begins 5 kg LPG cylinders sale in kirana stores

Last Updated: Thursday, April 03, 2014, 21:30

Indian Oil Corporation has begun sale of market-priced 5-kg Free Trade LPG (FTL) cylinders through kirana stores and supermarkets.

IOC says Bengal's silence on HPL 'surprising'

Last Updated: Sunday, March 23, 2014, 12:35

The executive said that although IOC had close to nine percent stake in HPL at present, the oil PSU had been eyeing a berth on HPL's board for long.

IOC plans Rs 7,650 cr petchem complex at Paradip

Last Updated: Sunday, March 16, 2014, 15:36

"The Board (of IOC) will this month consider setting up a 700,000 tonnes per annum polypropylene (PP) plant at an estimated cost of Rs 3,150 crore. The plant is to be built by 2017-18," the official said.

ONGC, OIL buy 10% govt stake in IOC

Last Updated: Friday, March 14, 2014, 15:26

State-owned ONGC and Oil India Ltd (OIL) on Friday bought 10 percent government stake in Indian Oil Corp (IOC) for Rs 5,340 crore.

Indian Oil plans to build Rs 30,000 crore refinery at Mundra

Last Updated: Thursday, March 13, 2014, 19:17

State-owned Indian Oil Corp (IOC) is mulling setting up a Rs 30,000 crore refinery at Mundra in Gujarat as part of a plan to increase its processing capacity to 100 million tonnes.

IOC to buy stakes in Petronas' LNG project for $900 mn

Last Updated: Friday, March 07, 2014, 19:19

Indian Oil Corp, the nation's largest oil firm, on Friday signed a deal to buy a 10 percent stake in shale-gas assets and a linked liquefied natural gas (LNG) project in British Columbia for USD 900 million.

IOC major partner to Tata Medical Center expansion

Last Updated: Friday, March 07, 2014, 18:27

Indian Oil Corporation (IOC), a major supporting partner for expansion of the Tata Medical Center at Rajarhat near here, has offered Rs 66 crore in phases toward the Rs 200 crore project.

ONGC, Oil India to buy Indian Oil stake at Rs 220 per share

Last Updated: Thursday, March 06, 2014, 13:23

Oil Minister M Veerappa Moily had on February 28 confirmed the sale would will happen at 10 percent discount.

Will wait till March-end to take a call on HPL: IOC

Last Updated: Sunday, March 02, 2014, 13:18

Indian Oil Corporation (IOC), which had made a bid to buy out West Bengal government's stake in ailing Haldia Petrochemicals Limited (HPL), would wait till March 31 before taking a call on the matter.

Govt clears IOC, BHEL stake sale; to get over Rs 7,300 cr

Last Updated: Friday, February 28, 2014, 20:26

The decision to go ahead with stake sale of 10 percent in IOC and 5 percent in BHEL was taken by the Empowered Group of Ministers on disinvestment, headed by Finance Minister P Chidambaram.

Russian medal winners at Sochi Games rewarded with luxury cars

Last Updated: Friday, February 28, 2014, 11:42

Russia rewarded the athletes who helped the Winter Olympics hosts top the medals table in Sochi by presenting the 13 gold medal winners and 20 other podium finishers with luxury SUVs on Thursday.

Oil India board approves Indian Oil stake purchase

Last Updated: Tuesday, February 25, 2014, 19:16

The board of state-owned Oil India Ltd (OIL) has approved the acquisition of a 5 percent stake in Indian Oil Corp (IOC) from the government at a discount to the market price.