Indian Oil Corporation

Morning Digest | States must contribute to MGNREGS wages, says Union Minister; IOC contradicts Adani over port use agreement, and more

February 17, 2023February 17, 2023cpooldigitalLeave a Comment

[ad_1] Representational image of villagers from Odisha’s Kalahandi district under the MGNREGS | Photo Credit: Biswaranjan Rout States must contribute to MGNREGS wages, says Union Minister Giriraj Singh The financial burden of wages to the beneficiaries of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) should also be shouldered by State governments, in order […]

Indian Oil Corporation reports ₹272 crore loss in Q2 on the back of selling petrol and diesel below cost

October 29, 2022October 29, 2022cpooldigitalLeave a Comment

[ad_1] IOC and other state-owned fuel retailers had booked heavy losses in the first quarter of the current fiscal as they did not revise the prices to help the govt. contain inflation IOC and other state-owned fuel retailers had booked heavy losses in the first quarter of the current fiscal as they did not revise […]

IOC to spend ₹2 lakh cr. for net zero target by 2046

August 25, 2022August 26, 2022cpooldigitalLeave a Comment

[ad_1] Indian Oil Corporation (IOC), the nation’s top oil firm, will invest ₹2 lakh crore to achieve net-zero operational carbon emissions by 2046, chairman Shrikant Madhav Vaidhya said on Thursday. The target set is in line with India’s aim to reach net-zero emissions by 2070. IOC, which refines crude oil into fuel and manufactures petrochemicals, […]

Praggnanandhaa joins the IOC family

May 26, 2022May 26, 2022cpooldigitalLeave a Comment

[ad_1] Grandmaster R. Praggnanandhaa was formally inducted into the Indian Oil Corporation (IOC) at a function graced by its chairman Shrikant Madhav Vaidya and the State head of IOC for Tamil Nadu and Puducherry, V. C. Asokan, here on Thursday. Pragg, who is now 16 years of age, will be on the rolls of IOC […]

Domestic LPG cylinder price hiked by ₹50

May 7, 2022May 7, 2022cpooldigitalLeave a Comment

[ad_1] Households will now have to spend more on liquefied petroleum gas (LPG), as national oil marketing companies on May 7 increased the price of the 14.2-kg cylinder by ₹50. The second such revision in under two months, the increase pushes up the price of a domestic cylinder of cooking gas to more than ₹1,000 […]