IOC reported a standalone net profit of Rs 6,227.31 crore, or Rs 6.78 per share, in the July-September quarter, as compared to Rs 563.42 crore net profit in the same period a year back
Indian Oil Corp (IOC) Chairman Shrikant Madhav Vaidya said the intention is to become energy company and not just be restricted to selling petroleum products. IOC, which controls over 40 per cent of India's diesel-dominated petroleum product market
IOC president specified that it is yet to be decided if the stadiums can be filled up to its full capacities or if social distancing norms will stand during the Olympics