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  Finance Ministry seeks 30% dividend from oil PSUs

  November 04, 2013 23:56 IST

  New Delhi: The Finance Ministry has asked all profit-making oil PSUs to pay a minimum 30 per cent dividend in the current financial year. Presently, all profit-making central public sector undertakings ( CPSU) are required

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  Bombay Gold Cup: Air India to meet Indian Oil in final

  Hockey | October 27, 2013 10:54 IST

  Mumbai : Star-studded Indian Oil and Air India would meet in the final of the 48th Bombay Gold Cup Hockey Tournament here today.In the semifinals yesterday, IOL overwhelmed local super league champions Western Railway 7-1

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  Indian Oil to invest Rs 8,000 cr in Koyali refinery

  August 21, 2013 16:59 IST

  New Delhi: State-owned Indian Oil Corp (IOC) will invest about Rs 8,000 crore to expand capacity at its Koyali oil refinery in Gujarat to 18 million tonnes per annum by 2016-17.The expansion from 13.7 million

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  Indian Oil's Q1 loss narrows to Rs 3,093.23 crore

  August 13, 2013 16:51 IST

  New Delhi: State-owned Indian Oil Corp on Tuesday reported a net loss of Rs 3,093.23 crore in the June quarter.The loss narrowed from Rs 22,450.95 crore in the same period a year ago, the company

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  Indian Oil Corp raises $500 million in bond issue

  July 29, 2013 16:14 IST

  New Delhi, July 29: State-owned Indian Oil Corp (IOC) on Monday said it has raised $500 million by selling 10-year dollar-denominated bonds, its fourth such issue overseas in three and a half years.The company priced

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  BJP MP writes to Centre over fire mishaps at IOC refinery

  India | July 27, 2013 17:52 IST

  Vadodara, Jul 27: Local BJP Member of Parliament Balkrishna Shukla has written to the Centre seeking an inquiry into frequent fire mishaps at the Indian Oil Corp (IOC)-owned Gujarat Refinery here, the latest being last

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  Major fire at Indian Oil's Hazira terminal

  India | January 05, 2013 20:40 IST

  Mumbai/New Delhi, Jan 5: A major fire broke out Saturday at a petrol storage tank in Hazira terminal of the Indian Oil Corporation (IOC) in Gujarat, company officials said.Local authorities rushed fire brigades from Surat

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  Port Trust didn't send boats, Indian Oil refused to give diesel hours before Pratibha Cauvery sank

  India | November 04, 2012 9:27 IST

  Chennai, Nov 4 :  Nature's fury and panic among the crew that the Pratibha Cauvery was likely to capsize led the captain to abandon the oil tanker as cyclone Nilam hit the Tamil Nadu coast

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  Hockey: Indian Oil, Air India enter final

  Hockey | September 15, 2012 22:00 IST

  Chennai, Sep 15: Indian Oil Corporation (IOC) and Air India entered the final of the 87th All-India MCC Murugappa Gold Cup hockey tournament with hard fought victories here Saturday.Joga Singh's 53rd minute goal carried Air

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  India, China in confrontation mode, China puts Indian oil block up for auction

  World | July 17, 2012 8:49 IST

  New Delhi, July 17 : China has triggered a fresh confrontation with India by putting  an Indian oil block off the Vietnam shores for global bidding. An Indian Express report said, the  block numbered 128,

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  Oil companies reduce jet fuel price by 2%

  June 01, 2012 13:02 IST

  New Delhi, June 1: State-owned oil companies on Thursday cut jet fuel price by two per cent, the fourth straight reduction in rates since April.The price of aviation turbine fuel (ATF), or jet fuel, in

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  Oil Firms Warn Of Disruptions In Fuel Supply

  April 02, 2012 14:32 IST

  New Delhi, Apr 2: State-owned oil companies today warned of disruptions in fuel supplies if they are not allowed to raise petrol price or compensated for the Rs 48 crore per day loss they incur

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  Indian Oil Refiners Want Exemption From Withholding Tax For Rupee Payments To Iran

  February 10, 2012 14:52 IST

  New Delhi, Feb 10 :  Indian oil refiners want exemption from payment of withholding tax to start using a newly agreed mechanism of paying in rupee for the crude oil they buy from the Persian

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  8 Indian Cos Among Fortune-500

  July 11, 2011 18:52 IST

  New York, Jul 11: Eight Indian companies have made the cut in the list of world's 500 largest companies compiled by Fortune magazine, with Indian Oil finding a place in the top 100 and Reliance

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  Indian Oil Wins Obaidullah Gold Cup Hockey

  Hockey | June 01, 2011 16:06 IST

  Bhopal, June 1: Indian Oil Corporation (IOC) won its maiden title in the 65th All-India Obaidullah Gold Cup Hockey Tournament being played at the Aishbagh Stadium here by defeating BPCL 3-2 in a closely contested

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  Indian Oil Raises Petrol Price By 27 Paise A Litre

  India | September 20, 2010 22:00 IST

  New Delhi, Sep 20 : State-owned Indian Oil Corp (IOC) on Monday  raised petrol price by Rs 0.27 a litre effective midnight tonight, while other public sector firms are likely to follow suit in the