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IOC posts Q2 net loss, may cut capex plan

IOC asks govt to compensate for losses on petrol
State-run Indian Oil Corp Ltd, the country's largest oil refining and marketing firm, has asked the government to compensate for revenue losses incurred by selling petrol below market prices, its chairman said. IOC has suffered revenue losses of about 15.60 billion rupees so far this fiscal by selling petrol below market price. In Images: Upgraded Mahindra Xylo out for Rs 7.37 lakhIOC had debt of

Polymer prices increase as RIL shuts units for maintenance
After repeated price cuts last year, polymer manufacturers have increased prices of polypropylene (PP) by Rs 3 a kg and polyethylene (PE) by Rs 1 a kg with effect from on Thursday.

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After indictment, upstream regulator to get a facelift

After being criticised by the Comptroller and Auditor General (CAG) for its functioning and conflict of interest, the upstream petroleum sector regulator, Directorate General of Hydrocarbons (DGH),

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Oil firms resume fuel supply to Air India after four hours

After stopping supplies to Air India for four hours, the public sector oil marketing companies (OMCs) resumed supply after the airline assured it would make payments on Friday. The non-supply led to a

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Kalmadi "suspended" by IOA: TV Report

Former Indian Olympic Association (IOA) and Commonwealth Games Organising Committee (OC) chairman Suresh Kalmadi, who is now out in bail after spending nine months in jail over corruption charges, has been suspended and served a show cause notice by the IOA, a national news channel reported on Sunday.

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IOC wants status report on Kalmadi
The International Olympic Committee (IOC) has reportedly sought a status report on scam tainted Suresh Kalmadi from the Indian Olympic Association (IOA).

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IOC Galleries

Jaipur IOC fire: More blaze, ...

IOC Videos

IOC declares annual results fo...
IOC declares annual results for financial year 2010-11

Hike in petrol prices evokes s...
Hike in petrol prices evokes strong reaction from common man

IOC Prez reaches capital to at...
IOC Prez reaches capital to attend CWG opening ceremony

Committee probing IOC fire to ...
Committee probing IOC fire to submit report within 60 days

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