Suman Kumar has assumed charge as director (planning & business development) on the Board of Indian Oil.
Indian Oil Corporation (IOC) on Monday announced a net profit of Rs 2,873.53 crore for the October-December quarter of the current financial year, which represents a sharp recovery from the mere Rs 180 crore net profit recorded by the company in the preceding quarter.
Coal India reported a 17 per cent drop in consolidated net profit to Rs 8,505.57 crore for the third quarter (Q3) of the financial year 2024-25 (FY25).
Reaffirming its commitment to community welfare, Indian Oil Corporation Limited has signed a memorandum of understanding (MOU) with Tata Medical Center, Kolkata, as part of its corporate social responsibility (CSR) initiatives.
In a continued endeavour to uplift the lives of prison inmates and children in correctional homes, A S Sahney, chairman, Indian Oil launched Phase IX of Indian Oil’s ‘Parivartan - Prison to Pride’ and Phase VI of ‘NayiDisha-Redefining the Future’ today.
The Indian Army received a Hydrogen Fuel Cell during the signing of a MoU with the IOCL in the presence of General Manoj Pande, Chief of the Army Staff (COAS), and Mr Shrikant Madhav Vaidya, Chairman of Indian Oil.
The collaboration signifies a merger of expertise, experience, and innovation as each entity brings its unique strengths in giving a boost to the research and development projects aimed at improving hydrogen technology.
The PSU, through Akshaya Patra Foundation (an NGO) provided two food delivery vehicles in the state of Rajasthan.
Indian Oil has declared 2023 as the year of strengthening the green resolve. With this theme in target the IOC has taken a resolve to achieve a 20 per cent ethanol blending target throughout the nation by 2025.
Historic MoU signed in the presence of Union Petroleum Minister Hardeep Singh Puri and Union Minister of Health and Family Welfare Dr Mansukh Mandaviya
