Oil India gets nod to raise funds worth Rs 4,000 crore

Oil India has received approval to raise funds aggregate principal amount not exceeding Rs 4,000 crore through issue of Debt Securities or equivalent amount in Foreign Currency. The Board of Directors of the Company at its meeting held on November 19, 2018 has approved the same. Oil India, a Navratna Company, is Asia’s oldest and biggest … Read more

Oil India reports 33% rise in Q2 net profit

Oil India has reported results for second quarter ended September 30, 2018. The company has reported 33.44% rise in its net profit at Rs 862.01 crore for the quarter under review as compared to Rs 645.97 crore for the same quarter in the previous year. Total income of the company increased by 43.74% at Rs … Read more

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