BNET Industries

Market Cap:$2.2B
Last Fiscal Year Sales:$62.9B
- Public
- IN
Dow Jones Description
Indian Oil Corporation Ltd. is currently India's largest company by sales with a turnover of Rs. 220,779 crore (US $51 billion), the highest-ever for an Indian company, and profits of Rs. 7499 crore (US $1.73 billion) for fiscal 2006. IndianOil is also the highest ranked Indian company in the prestigious Fortune 'Global 500' listing, having moved up 18 places to the 135th position this year based on fiscal 2006 performance. It is also the 20th largest petroleum company in the world. IndianOil's vision is driven by a group of dynamic leaders who have made it a name to reckon with.
Chairman & Chief Executive Officer, Foster Wheeler, USA
Raymond J MilchovichNumber of Employees 31,945
Peer Companies
NAICS Code Support Activities for Oil and Gas Operations: 213112
Recent Events
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Indian Oil Signs Pact With Nuclear Power to Build Plants
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Weak Earnings from Airtel, RIL in India
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India to double nuclear output
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Indian Oil IOC acquires 5% stake in Oil India OIL from Government of India
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Indian Oil enters nuclear power
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State Bank of India, ICICI, Mahindra Gain
News & Analysis
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indian oil corporation ltd. and international olympic committee - All News and Analysis
Nepal decides to develop pipeline
Nepal has decided to build the Nepal--India pipeline on its own, rather than in a joint venture with Indian Oil Corporation. A memorandum of understanding has been signed between the Nepal Oil Corporation NOC and IOC stipulating that NOC would build the pipeline and IOC would provide technical assistance. The...
Indian Oil Corporation on $9.9 Billion Global Project Investment Quest
Researched by Industrial Info Resources (Sugar Land, Texas). A 15 million ton per annum tpa oil refinery in Ceyhan on Turkey's Mediterranean coast is one of the projects being considered by the Indian Oil Corporation IOC in a $9.9 billion international investment strategy through 2012. IOC 's Director of Planning...
Indian Oil Corporation on $9.9 Billion Global Project Investment Quest.
JOHANNESBURG, SOUTH AFRICA, Mar 30, 2007 CCNMatthews via COMTEX -- Researched by Industrial Info Resources (Sugar Land, Texas). A 15 million ton per annum tpa oil refinery in Ceyhan on Turkey's Mediterranean coast is one of the projects being considered by the Indian Oil Corporation IOC...
ONGC may buy Shell's Hazira unit.
Nov. 25--AHMEDABAD, India -- OIL and Natural Gas Corp ONGC is contemplating taking over Shell's LNG unit at Hazira. This was disclosed by chairman Subir Raha while revealing the company's future plans. Mr Raha also said that ONGC was open to buy back the Indian Oil...
TCG stakes claim over Haldia Petro.
Sep. 28--DELHI -- The Purnendu Chatterjee Group TCG on Tuesday reasserted its claim over 51 percent of Haldia Petrochemicals HPL on the first day of the final hearing of the ownership dispute with the West Bengal government. The hearing of the case before the Company Law ...
Reva, Hydrogenics to Develop Fuel Cell Vehicles for IOC Project
Indian news site Sify.com recently reported that electric vehicle manufacturer Reva Electric Car Company, Pvt, Ltd. RECC and Canada's Hydrogenics Corporation have signed an agreement to jointly develop fuel cell vehicles for Indian Oil Corporation IOC. According to Sify.com, Hydrogenics will provide fuel cellstacks for the project, while RECC...
Refiners accelerate to meet clean fuels deadline.(INDIA)
Fears that Indian refiners would fail to meet an April deadline to supply lower-sulphur fuels have been eased by state-owned Indian Oil Corporation's IOC announcement that it will start up two new hydrotreaters with more than 100,000 b/d capacity in time to meet Euro-III sulphur-in-fuel standards....
Indian state-run oil companies win exploration rights in Libya
NEW DELHI AFP — India's state-run Indian Oil Corp and Oil India Ltd have won a licence to look for oil in Libya in their first joint foray overseas. The two companies won a bid to explore onshore Block-086 in "the highly prospective Sirte basin," the Press Trust of India...
Ramachandran, M. S. ca. 1944–
M. S. Ramachandran ca. 1944– Chairman, Indian Oil Corporation Nationality: Indian.Born: ca. 1944, in India.Education: College of Engineering, Guindy India.Family: Married Vasundhara maiden name unknown; children: two.Career: Indian Oil Corporation, 1969–?, management trainee; 2001–2002, director of planning and business development; 2002–, chairman; government of India, Ministry of Petroleum & Natural...
Indian Oil Corporation to invest $1 billion in Iran natural-gas project.
The Economic Times, India Knight Ridder/Tribune Business News Dec. 15--NEW DELHI, India -- It's a lot of gas but it's rock solid. Indian Oil Corporation IOC will invest $1 billion or more in a project to develop gas in Iran's South Pars field,...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Sanjay Kaul | President, University of Petroleum & Energy Studies, Dehradun |
| D. K. Samantaray | Chief Vigilance Officer |
| Kali Krishna | Chief Corporate Communications Manager |
| Shashi Kumar | Chief Operating Officer, Siemens Industrial Turbomachinery Services Pvt. Ltd. |
| Sashi Mukundan | Vice President & Country Manager, India, E&P & Gas, Bp India Services Pvt. Ltd. |
| Suneel Sethi | General Manager (Corporate Communications) |
| A. K. Guha | Executive Director, Business Dev |
| A. S. Ujwal | Executive Director, Intl Trade |
| Amitava Chatterjee | Executive Director (Lubes), Indianoil Bhavan |
| Anand Kumar | Executive Director, Indian Oil Institute of Petroleum Management |
| C. Dasgupta | Executive Director, Gas |
| Chandan Dasgupta | Executive Director |
| D. Lilly | Executive Director, Pricing & Taxation |
| K. Govindarajan | Executive Director, Petrochemicals |
| Mrinal Roy | Executive Director (Lpg) Indianoil Bhavan |
| Niranjan Swarup | Executive Director |
| P. K. Chakraborti | Executive Director, Business Development |
| R. Narayanan | Executive Director, Corp Affairs |
| S. C. Jain | Executive Director, Corp Finance |
| S. Ramasamy | Executive Director, Info Sys |
| S. S. Soni | Executive Director, Optimization |
| Satish Kumar | Executive Director, Hr |
| T. Vasudevan | Executive Director, Finance Business Dev |
| Thomas Antony | Executive Director, Hr Dept |
| V. K. Sood | Executive Director, Internal Audit |
| V. S. Okhde | Executive Director, Corp Planning & Economic Studies |
| Christopher Miaux | Managing Director, Total India |
| Kapil Garg | Managing Director, British Gas (India) Ltd. |
| Anil K Sarin | Director, Business Development, Abb Lummus Global Bv |
| B. N. Bankapur | Director, Refineries |
| Brij Mohan Bansal | Director, Planning & Business Dev |
| Gyan Chand Daga | Director, Marketing |
| P. K. Chakraborti | Director, Pipelines |
| Santosh Kumar | Director (Projects) |
| Serangulam Varadaraja Narasimhan | Director, Finance |
| Vishan Chandra Agrawal | Director, Hr |
| Prabh Das | Joint Secretary, Ministry of Petroleum & Natural Gas, Government of India |
| Vipin Kumar | Advisor (Security) |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Raymond J Milchovich | Chairman & Chief Executive Officer, Foster Wheeler, USA |
| Sarthak Behuria | Chairman |
| Vikram Singh Mehta | Secretary, Chairman, Shell Group of Companies In India |
| Amarjeet Singh Lamba | Board of Directors |
| Anees Noorani | Board of Directors |
| Anil Tandon | Board of Directors |
| Atul Punj | Board of Directors |
| B. M. Bansal | Board of Directors |
| Deepak Pandya | Board of Directors |
| Deepak Parekh | Board of Directors |
| Gautam Barua | Board of Directors |
| Gautam Datta | Board of Directors |
| Gautam Dutta | Board of Directors |
| Haldia Refinery | Board of Directors |
| Indira J. Parikh | Board of Directors |
| Indu Shahani | Board of Directors |
| Michael Bastian | Board of Directors |
| N. K. Poddar | Board of Directors |
| P.M. Sinha | Board of Directors |
| Prithviraj Sur | Board of Directors |
| Raju Ranganathan | Board of Directors |
| S. Sundareshan | Board of Directors |
| S.K. Barua | Board of Directors |
| Satwant Singh | Board of Directors |
| Shashi Ruia | Board of Directors |
| Subir Raha | Executive Vice-Chairman, Hinduja Group India |
| Sudhir Bhalla | Board of Directors |
| V Vizia Saradhi | Board of Directors |
| V. Ranganathan | Board of Directors |
| Vineet Nayyar | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Chairman & Chief Executive Officer, Foster Wheeler, USA | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | President, University of Petroleum & Energy Studies, Dehradun | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Chief Vigilance Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Chief Corporate Communications Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Chief Operating Officer, Siemens Industrial Turbomachinery Services Pvt. Ltd. | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Vice President & Country Manager, India, E&P & Gas, Bp India Services Pvt. Ltd. | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | General Manager (Corporate Communications) | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director, Business Dev | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director, Intl Trade | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director (Lubes), Indianoil Bhavan | Current |
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director, Indian Oil Institute of Petroleum Management | Current |
| Indian Oil Corporation Limited | Board of Directors | Current |
| Indian Oil Corporation Limited | Director (Research & Development) | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director, Gas | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director | Current |
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director, Pricing & Taxation | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director, Petrochemicals | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director (Lpg) Indianoil Bhavan | Current |
Subsurface construction poses situations with complex problems to the development engineers. Trenchless Techniques offers appropriate solutions and the Indian Society for Trenchless Technology (IndSTT) is the apex organization to promote its application in India and SAARC region. Mr. Niranjan Swarup functions as the Executive Director of IndSTT. Upon graduating in civil engineering from Regional Engineering College Rourkela in 1987 he has been involved in various infrastructure development projects. The assignments handled by him have ranged from design, estimations, project planning and execution. In addition to being a Trenchless Technologist Mr. Swarup is also a formally trained arbitrator from Singapore International Arbitration Centre and Lead Quality Assessor under ICQ project of European Council. He is currently the Board Member of various professional bodies like Engineering Council of India (ECI), International Council of Consultants (ICC) & The Council for Application of Actuarial Science in Risk Management in Construction and Allied Industries (CARM). He also represents India on the board of International Society for Trenchless Technology. He is invited member of several consultative committees like Bureau of Indian Standards (BIS), NDMC, TNUDP etc. Mr. Swarup is one of the prominent Trenchless Technologists recognized internationally and invited to speak at most of the important international trenchless events world over. He has, to his credit, several trenchless publications. He is the editor of No Dig India Journal and regularly contributes articles in the international trade & technical journals. He has contributed substantially for the formation of Code of Practices for installation Natural Gas Pipelines of BIS. In addition he has developed code of Practice for several Trenchless Techniques like Directional Drilling, Horizontal Earth Boring, and Pipe Jacking etc. He has edited and authored several text books and training manuals related to construction and trenchless technology. He has been responsible for initiating several Trenchless courses titled Subsurface Utility Manager, Trenchless Pipeline Manager, and Post Diploma Courses in Trenchless Technology. Additionally he is now initiating several courses on SSEM, Pipe Bursting, and other Trenchless subjects. He is also involved in establishing Trenchless Technology Research and Educations Centres across India. The first one of them is now being initiated at Vidisha, Madhya Pradesh titled National Habitat Centre on Subsurface and Trenchless Technology under partial grant funding of AICTE.
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director | Current |
| Trenchless | Manager | Former |
| Trenchless | Technologist | Former |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director, Business Development | Current |
| Indian Oil Corporation Limited | Board of Directors | Current |
| Indian Oil Corporation Limited | Director, Pipelines | Former |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director, Corp Affairs | Current |
| Indian Oil Corporation Limited | Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director, Corp Finance | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director, Info Sys | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director, Optimization | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director, Hr | Current |
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director, Finance Business Dev | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director, Hr Dept | Current |
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director, Internal Audit | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Director, Corp Planning & Economic Studies | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Managing Director, Total India | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Managing Director, British Gas (India) Ltd. | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Director, Business Development, Abb Lummus Global Bv | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Director, Refineries | Current |
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Director, Planning & Business Dev | Current |
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Director, Marketing | Current |
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Director, Pipelines | Current |
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Director (Projects) | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Director, Finance | Current |
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Director, Hr | Current |
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Joint Secretary, Ministry of Petroleum & Natural Gas, Government of India | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Advisor (Security) | Current |
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Secretary, Chairman, Shell Group of Companies In India | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Indian Oil Corporation Limited | Chief Vigilance Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Executive Vice-Chairman, Hinduja Group India | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Indian Oil Corporation Limited | Board of Directors | Current |
Mr. Vineet Nayyar is the Managing Director and Chief Executive Officer of Tech Mahindra. An accomplished leader, Vineet has led several organizations across industries creating high performing teams and successful businesses. He has a rich and varied experience having worked with the Government, international multilateral agencies and the corporate sector both public and private in a career that spans over 40 years. Vineet holds a Master's degree in Development Economics from Williams College, Massachusetts and started his career with the Indian Administrative Service. While in the Government, he held series of senior positions, including that of a District Magistrate, Secretary Agriculture & Rural development for the Government of Haryana and Director, Department Of Economic Affairs, Government of India. Mr. Nayyar worked with the World Bank for over 10 years in a series of senior assignments, including successively being the Chief for the Energy, Infrastructure and the Finance Divisions for East Asia and Pacific. In the Corporate sector, Mr. Nayyar was the founding Chairman & Managing Director of the state owned Gas Authority of India. And in the Private Sector, he served as the Manging Director of HCL Corporation and as the Vice Chairman of HCL Technologies. He was also the founder & CEO of HCL Perot Systems. In addition to his current responsibilities as Vice-Chairman of Tech Mahindra, he serves as a Director on the Boards of Indian Oil Corporation, Great Eastern Shipping, Business Standard ,Kotak Life Insurance, Business Standard Ltd, The Mahindra United World College of India, The Mahindra Holidays and Resorts India Ltd and the Tech Mahindra Foundation.
| Organization | Position | Status |
|---|---|---|
| Tech Mahindra | CEO | Current |
| Infrastructure Inc. | Chief | Current |
| Axes Technologies Inc. | Vice Chairman, CEO & Managing Director | Current |
| Business Standard Ltd. | Board of Directors | Current |
| Indian Oil Corporation Limited | Board of Directors | Current |
| The Great Eastern Shipping Company Limited | Board of Directors | Current |
| Canvasm | Board of Directors | Current |
| Tech Mahindra | Vice Chairman | Current |
| HCL Technologies Ltd. | Board of Directors | Current |
| Tech Mahindra | Managing Director | Former |
| The World Bank | Former | |
| Bharat Heavy Electricals Limited | Board of Directors | Former |
| Williams College | Master's Degree In Development Economics | Former |
| Volume | 436,066 |
| Shares Outstanding | 35.9M |
| Market Cap | 2.2B |
| Year High | 63.22 |
| Year Low | 13.53 |
| Earnings Per Share | -0.47 |
| P/E Ratio | N/A |
| Dividend | 0.00 |
| Yield | 0.00 |
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