Indian Oil Corporation
Retail
Retail last wee(a)k
Last week, the business of retail saw its operators discussing some ‘weak points’ that are holding back the growth of modern retail formats. Indiaretailing re-read its own sections and found industry experts speaking about various obstacles and problems in...
Retail
Fuel retailing is not a viable business proposition
Oil and Natural Gas Corporation (ONGC), one of the Navratna PSUs, made a significant announcement today. The company said that it is reconsidering its decision to get into fuel retailing business and will hold its plans to roll out...
Retail
IOC records 8.9 per cent growth in retail sales
In spite of retailing fuel at an artificially low price set by the government, Indian Oil Corporation (IOC), the country’s leading fuel refiner and retailer has recorded an impressive 8.7 per cent year-on-year growth in sales volume till March...
Retail
Time for new retail formats
It is the time for ‘new retail formats’ in the Indian retail landscape. According to a latest Technopak study on ‘Top trends in Indian retail sector', India will see the emergence and widespread growth of new retailing formats such...
Retail
Fuel price hike: a relief for fuel retailers
Fuel price hike may not be good news for all; however, it brought some relief to oil retailing companies like Indian Oil Corporation (IOC), Reliance Petroleum and Hindustan Petroleum, who’ve been incurring huge losses due to subsidies in domestic...
Retail
Fuel retailers condemn government’s decision
Indian Oil Corporation (IOC), Reliance Petroleum and Mangalore Refinery and Petrochemicals Ltd (MRPL) have condemned the central government’s unfavourable decision on retail price of fuel.Speaking to Indiaretailing, a Reliance spokesperson said, “Though the prices of fuel in our outlets...
Retail
Oil prices unchanged — fuel retailers not happy
Disappointing the expectations of fuel retailers, Indian ministers have failed to attain a decision on revising oil prices."Nothing is decided," is all that Oil Secretary MS Srinivasan had to tell the media.However, the union minister for petroleum and natural...
Retail
Petroleum retail sector chalks out counter-strategy
To mitigate losses of over Rs 300 crore per day on the sales of automobile fuels, petroleum retail players in India are planning to open more outlets throughout the country.Big public sector players like Indian Oil, Bharat Petroleum and...
Retail
Dabur ties up with Indian Oil for stronger rural presence
In order to get a stronger foothold in hinterland India, Dabur has now tied up with Indian Oil Corporation (IOC). The homegrown FMCG major on Monday entered into an agreement with IOC to service rural market demand for consumer...
Retail
Sri Krishna ties up with spencers retail
Chennai-based Sri Krishna Sweets having 53 outlets across the country, Dubai and the US, joined with Spencer’s Retail to have a separate counter at Spencer’s Daily outlets in Chennai.Its flagship sweet Mysurpak and a range of sweets and savouries...
- Advertisement -
Latest News
MatchLog Solutions raises $1.5 million in pre-series A funding
The funding round was led by Motion Ventures and July Ventures, with participation from Venture Catalysts, Blue Ashva Capital,...
- Advertisement -
