India S Largest Oil Firm
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India's Refinery Throughput Stays Firm With Strong Recovery In Sight
Initial government estimates show that India's fuel demand is likely to grow 5.5% in the next fiscal year beginning April 1, reflecting a pick-up in industrial activity and mobility in Asia's third largest economy.
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India Has Over 60,000 Petrol Pumps; Sees 45 Per Cent Rise In Last 6 Years
India has recorded a 45 per cent jump in the number of fuel stations in the country in the last six years. With 60,799 petrol pumps in India right now, this is possibly the highest growth rate in the world.
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This Indian Company Is World's Third Largest Energy Firm
Russian gas firm Gazrpom and German utility E.ON are the top two energy firms according to Platts Top 250 Global Energy Company Rankings.
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In India's Largest FDI, Russian Group Completes $12.9 Billion Buyout Of Essar Oil
The company director, Prashant Ruia, said the firm will pay back as much as Rs 70,000 crore to lenders, including SBI, ICICI Bank, Axis Bank, IDBI Bank and StanChart, among others.
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Rosneft, Partners Buy Essar Oil For $13 Billion In Largest FDI Deal
Russia's state-controlled oil giant Rosneft and its partners took over India's second biggest private oil firm Essar Oil in an all-cash deal valued at about $13 billion.
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Indian Oil Board To Consider Bonus Shares
Indian Oil Corporation (IOC), the country's largest oil firm, will next week consider issuance of bonus shares to its shareholders to capitalise part of the reserves.
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Cairn-Vedanta Merger To Take Place By 2016-End: Anil Agarwal
Mining mogul Anil Agarwal on Monday said the merger of his group's cash-rich oil firm Cairn India with its parent, Vedanta Ltd, is likely to be completed by year end to create India's largest diversified natural resources company.
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Indian Oil Lines Up Rs 40,000 Crore Investment To Expand Refining Capacity
Indian Oil Corporation (IOC) will invest Rs 40,000 crore to expand its refining capacity to over 100 million tonnes (MT) by 2022 as the largest domestic oil firm takes the lead to add capacity to meet the country's rising energy needs.
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Indian Oil Ties Up With Start-Up Firm Fortigo
Indian Oil Corporation, the country's largest oil marketing company, on Monday announced its partnership with logistics start-up Fortigo, aimed at providing technology-based solutions to small truck owners.
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Indian Oil to Invest Rs 1.75 Lakh Crore in Expansion Projects: Report
Indian Oil Corporation, the country's largest oil firm, will invest Rs 1.75 lakh crore over the next seven years on expanding refinery capacity, building petrochemical plants and laying pipelines, a company official said.
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No Shortage of Fuel in Chennai, Suburbs, Says Indian Oil Corporation
There is no shortage of fuel in Chennai or its suburbs, where petrol pumps were closed for safety following floods, nation's largest oil marketing firm IOC has said.
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Infosys Completes Acquisition of Noah Consulting
Infosys, India's second largest software services company, on Thursday said it has completed the acquisition of US-based oil and gas consulting firm Noah Consulting.
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Merger of Cairn India to Strengthen Both Firms: Vedanta CEO
Absorption of cash-rich oil arm Cairn India in Vedanta will strengthen the country's largest diversified natural resources giant and benefit both firms, Vedanta chief executive officer Tom Albanese said on Tuesday.
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Indian Oil Gives LNG Storage Tank Contract to Japan's MHI
Indian Oil Corp, the country's largest fuel retailer, has awarded a contract to build two football stadium-sized LNG (liquefied natural gas) storage tanks at its upcoming Ennore LNG import terminal in Tamil Nadu to Japanese firm Mitsubishi Heavy Industries Ltd (MHI).
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Ruchi Soya, ITC Among World's Fastest Growing Consumer Products Firms: Deloitte
Ruchi Soya Industries and ITC are among the world's 50 fastest growing consumer products companies, according to global consultancy Deloitte. Ruchi Soya - India's largest manufacturer of edible oil - ranked 22nd, while ITC - the country's biggest cigarette maker - was 28th on the list.
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India's Refinery Throughput Stays Firm With Strong Recovery In Sight
Initial government estimates show that India's fuel demand is likely to grow 5.5% in the next fiscal year beginning April 1, reflecting a pick-up in industrial activity and mobility in Asia's third largest economy.
-
India Has Over 60,000 Petrol Pumps; Sees 45 Per Cent Rise In Last 6 Years
India has recorded a 45 per cent jump in the number of fuel stations in the country in the last six years. With 60,799 petrol pumps in India right now, this is possibly the highest growth rate in the world.
-
This Indian Company Is World's Third Largest Energy Firm
Russian gas firm Gazrpom and German utility E.ON are the top two energy firms according to Platts Top 250 Global Energy Company Rankings.
-
In India's Largest FDI, Russian Group Completes $12.9 Billion Buyout Of Essar Oil
The company director, Prashant Ruia, said the firm will pay back as much as Rs 70,000 crore to lenders, including SBI, ICICI Bank, Axis Bank, IDBI Bank and StanChart, among others.
-
Rosneft, Partners Buy Essar Oil For $13 Billion In Largest FDI Deal
Russia's state-controlled oil giant Rosneft and its partners took over India's second biggest private oil firm Essar Oil in an all-cash deal valued at about $13 billion.
-
Indian Oil Board To Consider Bonus Shares
Indian Oil Corporation (IOC), the country's largest oil firm, will next week consider issuance of bonus shares to its shareholders to capitalise part of the reserves.
-
Cairn-Vedanta Merger To Take Place By 2016-End: Anil Agarwal
Mining mogul Anil Agarwal on Monday said the merger of his group's cash-rich oil firm Cairn India with its parent, Vedanta Ltd, is likely to be completed by year end to create India's largest diversified natural resources company.
-
Indian Oil Lines Up Rs 40,000 Crore Investment To Expand Refining Capacity
Indian Oil Corporation (IOC) will invest Rs 40,000 crore to expand its refining capacity to over 100 million tonnes (MT) by 2022 as the largest domestic oil firm takes the lead to add capacity to meet the country's rising energy needs.
-
Indian Oil Ties Up With Start-Up Firm Fortigo
Indian Oil Corporation, the country's largest oil marketing company, on Monday announced its partnership with logistics start-up Fortigo, aimed at providing technology-based solutions to small truck owners.
-
Indian Oil to Invest Rs 1.75 Lakh Crore in Expansion Projects: Report
Indian Oil Corporation, the country's largest oil firm, will invest Rs 1.75 lakh crore over the next seven years on expanding refinery capacity, building petrochemical plants and laying pipelines, a company official said.
-
No Shortage of Fuel in Chennai, Suburbs, Says Indian Oil Corporation
There is no shortage of fuel in Chennai or its suburbs, where petrol pumps were closed for safety following floods, nation's largest oil marketing firm IOC has said.
-
Infosys Completes Acquisition of Noah Consulting
Infosys, India's second largest software services company, on Thursday said it has completed the acquisition of US-based oil and gas consulting firm Noah Consulting.
-
Merger of Cairn India to Strengthen Both Firms: Vedanta CEO
Absorption of cash-rich oil arm Cairn India in Vedanta will strengthen the country's largest diversified natural resources giant and benefit both firms, Vedanta chief executive officer Tom Albanese said on Tuesday.
-
Indian Oil Gives LNG Storage Tank Contract to Japan's MHI
Indian Oil Corp, the country's largest fuel retailer, has awarded a contract to build two football stadium-sized LNG (liquefied natural gas) storage tanks at its upcoming Ennore LNG import terminal in Tamil Nadu to Japanese firm Mitsubishi Heavy Industries Ltd (MHI).
-
Ruchi Soya, ITC Among World's Fastest Growing Consumer Products Firms: Deloitte
Ruchi Soya Industries and ITC are among the world's 50 fastest growing consumer products companies, according to global consultancy Deloitte. Ruchi Soya - India's largest manufacturer of edible oil - ranked 22nd, while ITC - the country's biggest cigarette maker - was 28th on the list.
