B Ashok is new Chairman of IOC

In the first top level appointment by the new government, Prime Minister Narendra Modi is believed to have cleared appointment of B Ashok as the head of India's largest oil firm, Indian Oil......

IOC Chairman Butola may get extension

With the government giving BHEL Chairman B Prasada Rao a two-year extension, Indian Oil Corporation Chairman R S Butola may be the next in line to get a post-retirement service extension as his......

Diesel demand drops for first time in a decade

For the first time in more than a decade, diesel demand has declined this fiscal as monthly price hikes and increased power generation clipped consumption, Indian Oil Corporation (IOC) Chairman R S......

Top execs in PSUs may get extension

The run-up to next year’s general elections might see some of the top executives of government-run companies getting unlucky. And, the period could become the best in the lives of those......