IOC raises oil import from Latin America to cut costs

Last Updated: Thursday, August 27, 2015, 17:17

IOC, the nation's biggest oil firm, spent Rs 1.65 lakh crore on import of 43.9 million tons of crude oil in 2014-15.

IOC settles with marginal gains on NSE

Last Updated: Wednesday, August 26, 2015, 17:25

Shares of IOC Wednesday settled for the day with marginal gain of 0.28 percent on the National Stock Exchange, in an otherwise volatile market.

Govt stake sale not to impact IOC's ratings: Moody's

Last Updated: Wednesday, August 26, 2015, 15:38

The government's 10 percent stake sale in Indian Oil Corp (IOC) will not have any impact on the company's ratings, Moody's Investors Service and Fitch Ratings said on Wednesday.

LIC buys nearly 90% of Indian Oil's shares on offer

Last Updated: Tuesday, August 25, 2015, 20:10

State-owned Life Insurance Corp of India (LIC) has purchased nearly 90 percent of Indian Oil shares sold by the government in its Rs 9,379-crore disinvestment.

Indian Oil stake sale full subscribed; govt bags Rs 9,300 crore

Last Updated: Monday, August 24, 2015, 17:03

The IOC share sale was pulled off by demand from institutional investors who bid for 27.85 crore shares, against 19.42 crore shares on offer. The portion was subscribed 1.43 times.

Govt stake sale in IOC subscribed over 57% by 1 pm

Last Updated: Monday, August 24, 2015, 14:10

A total of 13.95 crore shares were bid for out of 24.28 crore share on offer at a minimum price of Rs 387, as per the data available from stock exchanges at 1300 hours.

Indian Oil stake sale Monday; govt eyes best 'first half' disinvesment kitty in 7 years

Last Updated: Sunday, August 23, 2015, 17:30

Looking to garner Rs 9,300 crore from Indian Oil share sale Monday, the government expects its disinvestment kitty so far this fiscal to swell to Rs 12,600 crore -- making it the best 'first-half' in 7 years.

Indian Oil stake sale floor price set at Rs 387 a share

Last Updated: Saturday, August 22, 2015, 18:35

The government has set a floor price for the sale of shares in top state-run refiner Indian Oil Corp Ltd at Rs 387 each, the company said, a two percent discount from Friday`s close.

Govt sets IOC share sale floor at Rs 387; to raise Rs 9,302 crore

Last Updated: Saturday, August 22, 2015, 14:53

Government on Saturday fixed the floor price for selling its 10 percent stake in Indian Oil Corp (IOC) at Rs 387 a share -- about 2 percent below last closing -- which is likely to fetch Rs 9,302 crore to the exchequer.

Govt to sell 10% stake in IOC to raise Rs 9,500 crore on Monday

Last Updated: Friday, August 21, 2015, 18:35

In the biggest disinvestment this fiscal, the government will on Monday sell a 10 percent stake in nation's largest oil firm IOC to raise about Rs 9,500 crore.

RIL loses most profitable tag again, this time to IOC

Last Updated: Sunday, August 16, 2015, 19:00

Within two quarters of losing its 23-year-old reign as the country's most profitable company to TCS in the December quarter, Reliance Industries was again humbled in the June quarter, this time by Indian Oil.