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4 mins read

After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1

IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…

PTI   


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4 mins read

Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra

A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…

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3 mins read

Indian Oil to invest ₹61,077 crore in a petchem complex at Paradip in Odisha

In a statement, Indian Oil Corporation (IOC) said its board has given "Stage-1 approval for setting…

PTI   


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2 mins read

IOC Q2 net profit jumps to Rs 12,967 cr; half yr profit tops best-ever full-year earning

State-owned Indian Oil Corporation (IOC) on Tuesday reported a return to profitability with a net p…

PTI   


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1 min read

Petrol export by OMCs rose 142% between 2020-21 and 2021-22

The export of petrol by Indian oil marketing companies (OMCs) rose 142% in a year between 2020-21 a…

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2 mins read

Stocks unlikely to be impacted by windfall tax removal

Windfall tax or the Special Additional Excise Duty (SAED) on domestically produced crude petroleum …

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2 mins read

Indian Oil set to produce fuel for Formula 1 cars

Indian Oil Corporation (IOCL) will produce fuel for formula one cars, which is being produced at Od…

ANI   


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1 min read

Oil pipeline leaks in Bihar village sending locals into a looting frenzy

A village in Bihar on Tuesday witnessed a mad scramble for petroleum, suddenly up for grabs from an…

PTI   


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2 mins read

Reliance Jio bags Indian Oil order to provide managed network services at 7,200 sites across the country

Reliance Jio has won an agreement with state-owned Indian Oil Corporation to provide enterprise-gra…

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1 min read

Govt to give Rs 22,000 cr grant to oil PSUs to cover LPG losses

The government will extend a one-time grant of Rs 22,000 crore to three state-owned fuel retailers …

PTI   


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3 mins read

GAIL scouts for acquisition to augment renewable portfolio, to foray into hydrogen

"The global energy sector is witnessing a paradigm shift in recent years as the world is transi…

PTI   


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3 mins read

Cheetahs are coming back – this can boost the health of India’s shrinking grasslands

Cheetahs are coming back – this can boost the health of India’s shrinking grasslands

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1 min read

Indian Oil Corporation may monetise hydrogen units to raise ₹10,000 crore

Government sources said that IOC is one of the largest hydrogen producers in the country and s…

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1 min read

ITC, Bharti Airtel, Indian Oil Corp among stocks to watch out for on May 18

Benchmark indices may open on a slightly negative note as SGX Nifty, an early indicator of the mark…

Bhakti Makwana   


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3 mins read

Revenue constrained government may push oil PSUs short on FY21 capex to pay higher dividend

Oil sector public sector undertakings (PSUs) may have to bear a larger share of additional dividend…

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1 min read

HDFC Bank, Tata Motors, M&M among hot stocks to watch out for on April 4

Indian markets are expected to open on a mixed note as SGX Nifty, an early indicator to the market,…

Bhakti Makwana   


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2 mins read

Petrol, diesel prices hiked for the sixth time in two weeks

New Delhi, Mar 28 (PTI) Petrol price on Monday was hiked by 30 paise a litre and diesel by 35 paise…

PTI   


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3 mins read

Indian Oil Corporation is hiring 300 apprentices across southern states of India

4. Candidates with qualification acquired through distance learning …

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4 mins read

There are 570 job openings at Indian Oil Corporation for freshers who haven’t graduated yet

Indian Oil Corporation of India is inviting applications from eligible candidates to fill up 570 ap…

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1 min read

Moody's downgrades ratings of 8 firms including Infosys, TCS and ONGC

Moody's said the economic disruption caused by the coronavirus pandemic and the downgrade of th…

PTI