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Indian Oil raises Rs 2,500 crore, funds to be utilised for refinancing, capex
Indian Oil Corporation today announced that the company has raised Rs 2,500 crore via NCDs (Non-convertible Debentures).
 
                  
Indian Oil Corporation board in consideration of fundraising through right issues on July 7
If the issue is considered it would be subject to various statutory approvals as may be required as said by the country's prominent state-owned oil refiner as filed in the regulatory filing.
 
                  
Indian Oil Corporation plans to use bank guarantees to recover most of its dues from Go First
IOCL may think about selling fuel to Go First when it resumes operations on a cash-and-carry basis, according to sources.
 
                  
Stocks To Watch Today: HDFC AMC, PVR, Indian Oil, NTPC, CEAT
Top stocks to watch today include shares of HDFC AMC, PVR, Indian Oil, NTPC, CEAT, Uno Minda, PNC Infratech besides others.
 
                  
Indian Oil net profit slumps 87% to Rs 773 crore in Q3
According to the state-owned conglomerate, income from operations increased 17 percent year on year.
 
                  
Due to sanctions, the dividends of Indian oil companies worth $125.5 million are stuck in Russia
Due to Western sanctions, Indian companies with investments in two Russian assets are unable to repatriate 8 billion roubles ($125.49 million) in dividends.
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