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Business Economy


IndianOil plans to invest in Gujarat

IndianOil plans to invest in Gujarat

Ahmedabad, Aug 13 (UNI) Indian Oil, the leading public sector oil and gas company, has decided to invest Rs 492 crores in Gujarat during the financial year 2019-20 to expand its supply and distribution points across the state, IndianOil Executive Director of Corporate Communication and Branding said here on Tuesday.

"The company is keen to expand its supply and distribution points across the Gujarat," said State Executive Director SS Lamba at a press meet.

Currently, IndianOil Gujarat commands a market share of 53 per cent amongst PSUs and 37 pc in the industry for Petroleum, Oils, and Lubricants (also known as POL) products.

The new investments includes capacity augmentation of Kandla import terminal from 0.6 to 2.5 MMTPA (million metric tones per annum), addition of additional storage facilities at various Terminals, including providing 15 days cover for Ethanol and setting up of about 200 new retail outlets by the end of this financial year.

IndianOil has contributed more than Rs 12,000 crore to the state exchequer during the last two financial years.

UNI RAJ RHK SHK1756

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Hyundai ‘AURA’ gearing up to triumph over Sedan segment

Hyundai ‘AURA’ gearing up to triumph over Sedan segment

14 Nov 2019 | 2:45 PM

Chennai, Nov 14 (UNI) Passenger car maker Hyundai Motor India
Limited, today flagged off its all New Hyundai ‘AURA’, to test its
strengths and capabilities in persistent Indian weather and driving
conditions.

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Kozhikode Coir Market

14 Nov 2019 | 2:45 PM

Kozhikode, Nov 14 (UNI) Following were the rates in the
Kozhikode Coir Market today per quintal.

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Kozhikode Oil Market

14 Nov 2019 | 2:44 PM

Kozhikode, Nov 14 (UNI) Following were the rates in the
Kozhikode Oil Market today per quintal.

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Kozhikode Spices market

14 Nov 2019 | 2:42 PM

Kozhikode, Nov 14 (UNI) Following were the rates in the
Kozhikode Spices market today per quintal.

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Kozhikode Rubber Market

14 Nov 2019 | 2:41 PM

Kozhikode, Nov 14 (UNI) Following was the rate in the Kozhikode
Rubber Market today,
RMA LOT (RSS-4)12,700,(RSS-5)11,900.

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