Insurance companies are anticipating claims of at least Rs 500 crore from the incessant rains and flooding in Chennai. Motor insurance would account for the largest amount of claims and public......
State owned refiner Indian Oil Corporation has proposed merger of its subsidiaries Indian Oil Blending Ltd, IBP Co Ltd, Bongaigaon Refinery and Petrochemicals Ltd and Chennai Petroleum Corp Ltd......
Indian Oil Corp will cut the price of gasoline by about 3.2 per cent and that of diesel by 1.1 per cent from Tuesday, reflecting changes in global prices of the two fuels since the last revision.......
Diesel rates had gone up by Rs 12.55 a litre between June 7, when oil firms resumed revising prices in line with cost, and July 25. Diesel price on Thursday was cut for the first time in close to......
The State-owned Oil and Natural Gas Corporation may acquire India's third-biggest fuel retailer HPCL in an approximately 44,000 crore (USD 6.6 billion) deal as part of the government's plan to......