Infrastructure major Larsen & Toubro (L&T) on Monday said its arm will set up the nation's largest green hydrogen plant at Indian Oil Corporation's Panipat Refinery in Haryana.
The Odisha Police on Wednesday beefed up security at port town Paradip after the arrival of a ship with 21 Pakistani crew members on board, officials said.
ONGC's overseas arm applied for a sanctions waiver to access $500 million dividend from two Venezuelan projects.
The government is likely to provide a subsidy of Rs 35,000 crore to state-owned Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to make up for losses they incurred on selling the fuel this fiscal, sources said.
Indian Oil Corporation Ltd will start manufacturing fuel used in F1 racing in three months' time.
Sabaretnam is survived by two sons and a daughter.
Those who consider the rupee as a proxy for virility have started thumping their chests and dreaming of dethroning the dollar from its coveted position, observes Tamal Bandyopadhyay.
Budget carrier Go Airlines, which has rebranded itself as 'Go First', has filed preliminary papers for an initial share sale worth Rs 3,600 crore.
Forest land measuring 1838.79 hectares in Odisha has been diverted for 15 industrial projects in the state between 2004 and 2013.
Petrol price on Tuesday breached the Rs 85 a litre mark in the national capital and diesel neared record high after rates were raised for the second consecutive day. Petrol and diesel prices were hiked by 25 paise per litre each, according to a price notification from oil marketing companies. This took the petrol price in Delhi to Rs 85.20 per litre and to Rs 91.80 in Mumbai. Diesel rate climbed to Rs 75.38 a litre in the national capital - just shying away from its record high - and to an all-time high of Rs 82.13 in Mumbai, the price data showed.
Indian Oil Corporation Ltd entered into a crude oil supply agreement with ONGC for supply of indigenous crude for its refineries.
Oil marketing companies decrease distribution & production of fuel brands after huge drop in demand.
Petrol price on Tuesday was increased by 15 paise per litre and diesel by 18 paise as State-owned fuel retailers started passing on the increase in international oil prices to consumers after an 18-day hiatus.
With the investment, the company's refining capacity will rise 60 per cent from the present 65.7 million tonnes per annum (mtpa) to 105 mtpa by 2022.
Gazprom says it considered India as one of its key LNG markets.
Petrol price in the national capital neared the Rs 85 a litre mark while diesel rates in Mumbai were close to Rs 82 as fuel prices were raised by 25 paise per litre each on Monday. Petrol now costs a lifetime high of Rs 84.95 per litre in Delhi while diesel comes for Rs 75.13, according to a price notification from oil marketing companies. The price hike on Monday came after three days of unchanged rates. Prices were last hiked by 50 paise a litre in two instalments on January 13 and 14.
With reference to the news article appearing in a leading financial daily captioned 'IOC, National Iran Oil in stock swap talks', Indian Oil Corporation Ltd has informed BSE that the matter has not yet been finalised and it is too early to comment.
The Indian Oil Corporation Ltd is looking to recruit 350 new Engineers/ Officers.
Indian Oil Corporation Ltd has received shareholders approval for merging its subsidiary, IBP Co Ltd with itself.
Petrol price on Wednesday touched a new high of Rs 84.45 per litre in the national capital after state-owned fuel retailers hiked prices after a five-day hiatus. Petrol and diesel prices were hiked by 25 paise per litre each, according to a price notification from oil marketing companies. In Delhi, petrol now costs Rs 84.45 per litre and diesel is priced at Rs 74.63. In Mumbai, petrol comes for Rs 91.07 a litre and diesel for Rs 81.34. This is the highest ever price of petrol in Delhi, while diesel is at a record high in Mumbai.
Indian Oil Corporation Ltd is to submit an expression of interest to acquire the marketing assets of an oil company in Thailand.
Indian Oil Corporation Ltd has posted a net profit of Rs 7765.60 million for the quarter ended December 31, 2002 as compared to Rs 5677.90 million for the quarter ended December 31, 2001.
Indian Oil Corporation Ltd and Tata Motors Ltd have entered into a strategic alliance for initiating joint marketing activities including the setting up of Tata authorised service stations in select IOC retail outlets.
Indian Oil Corporation Ltd sank deeper into the red with losses amounting to Rs 1.2 billion, as Colombo is yet to repay billions for selling fuel below costs.
IBP's strong presence in the northern markets will complement IOC's marketing strengths and therefore, on a consolidated basis, the combined entity will benefit (but in FY05, the merger is likely to affect IOC's profitability marginally). \n
The three oil PSUs have told Air India that if it did not make the monthly lump sum payment, they will stop fuel supply from October 11 at six major domestic airports.
Indian Oil till last month has automated more than 6,200 retail outlets and is planning to automate 7,500 more in the current fiscal across the country.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
There are about 23 oil refineries in India with a combined capacity of 230 million tonnes per annum.
As of now, tankers carry petroleum products from India to Nepal as part of an arrangement which is in place since 1973.
The 42-year-old batsman played 31 Tests and scored 1,944 runs, at an average of 34.11. He has five hundreds and 11 fifties in the longest format, with 212 his highest score.
FM is seen to step up the pace of sales of state assets and curb spending
Sena also said that laying a brick for the $44 billion (Rs 3 lakh crore) mega refinery project at Nanar in Ratnagiri district of Maharashtra would be akin to laying the foundation stone for a cancer hospital there.
Centre and state governments are steadily increasing excise duties and value-added tax
Markets end in red; bluechips struggle to keep pace.
A plea of the UK-based Vedanta group company to export its share of crude oil from Barmer oil field in Rajasthan was on Tuesday rejected by the Delhi high court on the ground that domestic crude cannot be exported till India attained "self sufficiency".
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
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