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More than 75 people, many drivers and contractors working at the oilfield, are still wanted in connection with the heists (Photo: Representational/AP)

India needs to double refining capacity by 2040 to meet fuel demand...

Recent implementation of a goods and services tax and demonetisation are unlikely to dent fuel demand in the longer...

27 Sept 2017 4:17 PM IST

Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

IOC to invest Rs 1.4 lakh crore to double refining capacity

Company currently owns and operates 11 out of the country's 23 refineries.

31 March 2018 4:59 PM IST