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FinMin postpones merchant banker selection for IOC stake sale

Last Updated: Thursday, February 5, 2015, 19:38

The selection of merchant banker to manage the sale of government's 10 percent stake in bluechip Indian Oil Corp (IOC) has been postponed, the Finance ministry said on Thursday.

Transporter's strike likely to affect LPG supply: IOC

Last Updated: Tuesday, February 3, 2015, 22:34

Noting that the transporters agitating was not a "healthy practice" even negotiation was "in progress", state owned-Indian Oil Corporation on Tuesday warned that due to the refusal of truckers to ply the trucks supply of bulk LPG and production of petrol and diesel was likely to get affected.