ioc

September 2024

ONGC, Oil India, IOC shares rise up to 2% as govt scraps windfall tax on domestic crude

The central government on Tuesday cut the windfall tax on domestically produced crude oil to ‘nil’ per tonne with effect from September 18.

By Chitranjan Kumar

August 2022

HPCL, BPCL, IOC shares fall up to 6%; here's why

HPCL, BPCL, IOC reported a combined loss of ₹18,480 crore in the June quarter due to a decline in the margin on petrol, diesel, and domestic LPG in the backdrop of rise in international crude prices

By Chitranjan Kumar

July 2022

Sensex, Nifty to rise; HDFC, IOC, Ashok Leyland, NTPC, Sun Pharma, Cipla, DLF, Emami shares eyed

The Sensex and Nifty are poised to open with solid gains on Friday as shares in Asia and Wall Street rose despite negative GDP figures

By Chitranjan Kumar

May 2022

Indian Oil Q4 net profit drops 31%; board recommends dividend, bonus shares

As fuel prices increased, revenue from operations increased 26% to ₹2,06,460.89 crore during Q4 FY22, compared with ₹1,63,732.98 crore in the year-ago period.

By fortuneindia.com

December 2021

Fortune 500 India: “India’s energy transition will be through multiple fuel sources”

There won’t be any one form of energy. It will be fossil fuels, gas, renewables and biofuels, says IOC CMD Shrikant Madhav Vaidya.

By P B Jayakumar

Fortune 500 India: Fuel mix — The metamorphosis of oil marketers

Oil-marketing companies are gearing up for a transition to non-fossil fuels by transforming into green energy companies selling biofuels and high-value chemicals.

By P B Jayakumar

November 2021