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Press background on IndianOil
Company profile
IndianOil Corporation Ltd. is India's largest company by sales with a turnover of Rs. 4,57,553 crore and profit of Rs 7,019 crore for the year 2013-14. IndianOil is the highest ranked Indian company in the latest Fortune ‘Global 500’ listings, ranked at the 96th position. IndianOil's vision is driven by a group of dynamic leaders who have made it a name to reckon with. In this section, read about IndianOil’s business and its spread across the country & abroad. You can also know about IndianOil's current financial performance, special initiatives and recognitions & awards that have come its way.
 Recent press releases
Asian Shot Put Champion, Inderjeet Singh Joins IndianOil

Reiterating its strong focus on promoting sports in the country, IndianOil has inducted Shot Putter Inderjeet Singh, who currently tops both Asian and national rankings. Joining IndianOil at its Northern Regional Office in Delhi, Singh expressed happiness and pride on becoming a part of the nation&... (more)
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IndianOil: Petrol and Diesel Price Revision

Indian Oil Corporation Ltd. has decided to effect the following price changes w.e.f midnight of 31st August / 1st September, 2015
 
Decrease in Retail Selling Price of Petrol by Rs. 2.00/litre at Delhi (including State levies) with corresponding price revi... (more)
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Indian Hydrocarbon Industry Takes Forward the Vision of 'Skilled India'

An MoU on Skill Development in the Hydrocarbon Sector was signed by Mr. Dilip H. M. Chenoy, Managing Director & Chief Executive Officer, National Skill Development Corporation (NSDC) and Mr Rod Miller, Associate Vice President, Corporate Training Solutions, Southern Alberta Institute of Te... (more)
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IndianOil: Petrol and Diesel Price Change

Indian Oil Corporation Ltd. has decided to effect the following price changes w.e.f midnight of 15th / 16th April, 2015:
 
Decrease in Retail Selling Price of Petrol by Rs. 0.80/litre at Delhi (including State levies) with corresponding price revision in other States. With th... (more)
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First IndianOil Gas Conclave Inaugurated at New Delhi

First IndianOil Gas Conclave 2015 was inaugurated by Mr. B. Ashok, Chairman, IndianOil on 18th March, 2015 at New Delhi in the presence of Mr. D. Sen, Director (P&BD), IndianOil and Mr. G. K. Satish ED I/c (Gas), IndianOil. The conclave brought together luminaries from global and Indian gas ind... (more)
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IndianOil: Hon’ble Prime Minister Shri Narendra Modi to Inaugurate Urja Sangam 2015

Hon’ble Prime Minister Shri Narendra Modi will  inaugurate Urja Sangam 2015, Energy Conclave at Vigyan Bhavan, New Delhi on 27th March,2015 where  Ministers, CEOs, joint venture partners, industry leaders, academia, technology innovators, policy makers and t... (more)
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IndianOil Corporation Reports Loss of Rs. 1,012 Crore in 9 Months, 2014-15

Downstream Oil Company IOC has reported a standalone net loss of Rs. 1,012 crore for the nine months ended 31st December 2014 as compared to a net loss of Rs. 2,371 crore during the corresponding period in the previous year. This is mainly attributed to high inventory losses on account of steep fal... (more)
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IndianOil Organises 4th Petrochemical Conclave

IndianOil organised the 4th edition of the Petrochemical Conclave today at The Leela, Ambience Gurgaon Hotel & Residences, Gurgaon, which brought together luminaries from global and Indian petrochemicals industry to deliberate on the theme 'Petrochemical Beckons - Make in India'. Mr. An... (more)
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IndianOil Launches High Productivity HDPE Grade Propel HDPE 080M60

In continuation of its commitment towards providing value added polymer grades to Indian polymer industry, IndianOil launched a high productivity HDPE grade, Propel HDPE 080M60, for injection moulding applications at a function held at Courtyard Marriott, Ahmedabad on February 5, 2015. Mr. D. Sen, ... (more)
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Best CFO Award for IndianOil's Director (Finance) by ICAI

Mr. A. K. Sharma, IndianOil's Director (Finance) received the Best CFO Award from the Institute of Chartered Accountants of India (ICAI) in the category 'CA CFO – Public Sector' at an award ceremony held at Mumbai on February 1, 2015. The award recognises CFOs who have demonstrate... (more)
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