IndianOil top bidder for Reliance's KG gas for 2nd auction in a row

Indian Oil Corporation (IOC), the nation's largest oil firm, has walked away with half of the natural gas that Reliance Industries Ltd and its partner bp of the UK offered in the latest auction of......

IOC posts highest revenue by any Indian co, record profit in FY22

Indian Oil Corporation (IOC), the nation's biggest oil firm, on Tuesday reported a 31.4 per cent drop in the fourth quarter net profit as record refining margins were wiped away by a margin squeeze......

PSUs up investment ante, set to pump in 16% more in FY16

Capital expenditure by public sector undertakings (PSUs), including Indian Oil, Bharat Petroleum and PowerGrid, is expected to rise from Rs 1.29 lakh crore in FY15 to Rs 1.5 lakh crore this......

Modi govt's fiscal may get a helping hand from cooling crude oil prices

A gradual decline in the global crude oil price, coupled with a phased decontrol of diesel prices since January last year, could bring the fuel’s price to the same level as the market rate......