B Ashok News

Politics

Maharashtra puts land purchase for Saudi Aramco refinery on hold

Thousands of Maharashtra farmers are refusing to surrender land, fearing it could damage a region famed for its Alphonso mangoes, vast cashew plantations and fishing hamlets that boast bountiful catches of seafood

1 min read29 Nov 2018
Companies

Sanjiv Singh replaces B. Ashok as IOC chairman

Sanjiv Singh was director (refineries) on the IOC board since July 2014

1 min read1 Jun 2017
Companies

Indian Oil Q4 profit jumps 85% to Rs3,721 crore

Indian Oil's revenue from operations rises 24% to Rs1.22 trillion in March quarter, its board recommends a final dividend of Re1 per share

2 min read26 May 2017
Companies

ITDC to exit Ashok hotels in Bhopal, amnd Bharatpur

The decision by ITDC to exit Hotel Lake View Ashok, Hotel Brahmaputra Ashok and Hotel Bharatpur Ashok was taken at the meeting of CCEA

1 min read3 May 2017
Industry

India, Nepal renew fuel sale deal for five more years

As per the deal signed by Indian Oil Corp. and Nepal Oil Corp., the Indian company will supply about 1.3 million tonnes of fuel every year for the next five years

2 min read27 Mar 2017
Companies

Investments not aimed at profits alone: Indian Oil chairman B. Ashok 

The large capital spending by oil PSUs are not only seeking to narrow India's energy deficit but also meeting govt's goals of creating jobs and correcting the disparities in regional development

7 min read6 Mar 2017
Industry

Indian Oil to invest Rs15,750 crore to grow pipeline network

Indian Oil chairman B. Ashok says the investment will add 7,550km of pipeline for petroleum products, increasing the total network to 27,550km

2 min read20 Feb 2017
Industry

IOC plans $5.5 bn expansion of refinery co-owned by Iran

Nagapattinam plant operated by IOC's subsidiary Chennai Petroleum Corp. requires a overhaul to produce the cleaner, higher grade fuels needed to meet rising demand

1 min read24 Nov 2016
Companies

IOCL bets on petrochemical, gas marketing portfolios for growth

IOCL plans to invest Rs43,000 crore for implementation of various petrochemical projects in the next four years

3 min read8 Jul 2016
Companies

Indian Oil bids to sell fuel in newly open Myanmar

Indian Oil has submitted bids to enter the fuel marketing and retail business in Myanmar, says chairman B. Ashok

1 min read6 Apr 2016
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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