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Fuel price hike: Indian Oil responds to tough questions

New Delhi: With petrol and diesel prices across the country having skyrocketed to historic highs, Sanjiv Singh, Chairman of the largest fuel retailer Indian Oil Corp (IOC) today faced a barrage of tough questions from the media during a press conference on the company’s fourth quarter results. ETEnergyWorld compiles the top highlights of the interaction. Edited excerpts.. Was there a directive by the government to OMCs on controlling fuel prices before Karnataka elections? What is the reaso

While Delhi Continues To Remain A Gas Chamber, Other Cities Too Are Struggling With Pollution

While a lot has been said and written how Delhi-NCR has turned into a gas chamber with its resident daily breathing toxicities beyond measure, the other cities in India aren’t doing any great either. Yes, the resident of other cities in India whether they are tier 1 and 2 cities or the smaller towns, the purity standards of the air inhaled by Indians living in these cities aren’t very encouraging either.

Mixed response to raising of truck loading capacity

CHENNAI : The Union government’s decision to permit increasing the loading capacity of lorries has received mixed response from the stakeholders. While the manufacturing sector, primary beneficiary of the move, urged the state government to implement the notification at the earliest, lorry owners’ association opposed the move as it would increase the maintenance cost of vehicles and increase accidents. On August 7, the Ministry of Road Transport and Highways issued an order increasing the

IOC ties up with Total to market additives

Indian Oil Corporation (IOC), the country's largest petroleum retailing company, has tied up with Total of France to market additives in the country. These performance-enhancing additives when added to petrol or diesel, improve mileage and reduce maintenance costs of vehicles. The two oil giants unveiled Servo Adon P and Servo Adon D additives for petrol and diesel, respectively. M S Ramachandran, chairman and managing director of IOC, said, "We have entered into two strategic alliances with