Capex time! IOC to spend ₹ 1 lakh crore on refinery expansion
Company looks to convert 15% of crude into petrochemicals, foray into textile fibre business in a big way.
indian oil corporation
November 2021
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What makes PSUs the jewels of Fortune India 500
Public sector companies, in many ways, are the true jewels of the 500 list, and prove to be the best bets for those who want to earn steady returns on investments in the form of equity dividends.
Fighting the single-use plastics menace the IOC way
How Indian Oil Corporation, the second-largest producer of plastic in India, is converting single-use plastics into value-added products for a host of industries.
India Inc’s CSR spending grew 17.5% in FY19
A total of 1,132 NSE-listed companies spent ₹11,961 crore in FY19, an increase of 1.82 times over FY15, according to nseinfobase.com.
Reliance Industries tops Fortune India 500 list
RIL has become the largest company in the Fortune India 500 list for 2019, dislodging Indian Oil Corporation from the top spot for the first time since the list’s inception.
IOC bets on hydrogen fuel cells
Why Indian Oil Corporation believes hydrogen fuel cells and not lithium-ion batteries may revolutionise electric vehicles in India.
RIL is top Indian firm on Fortune Global 500
Ranked 106, Reliance Industries has replaced IOC (117) as the top-ranked Indian company on the 2019 list. RIL’s revenue soared 32.1% from $62.3 billion in 2018 to $82.3 billion in 2019.
Hyundai’s Kona Electric launched in India
The company says “India’s first electric SUV” can go 452 km on a single charge and the running cost is 80% lower than that of a petrol car.
Indian Oil: Oil is not enough
IOC, led by chairman Sanjiv Singh, is transforming itself into a ‘complete energy’ firm by investing heavily in alternative fuels as challenges from e-vehicles and tighter emission norms grow.
Fortune India 500: Avoiding the debt protocol
The biggest reduction in debt came from companies trying to avoid the noose of bankruptcy proceedings,while oil companies cashed in on falling crude oil prices to reduce their burden.
