BANKING & FINANCE
RBI Opens Special Dollar Window For IOC, BPCL And HPCL From October 12
The Reserve Bank of India (RBI) has opened a special foreign exchange window to meet the entire daily US dollar requirements of three public sector oil marketing companies (OMCs), effective October 12, 2026, in a move that will provide a dedicated channel for their dollar purchases. The facility will cover Indian Oil Corporation Limited (IOCL), […]
CW Bureau
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Oct 10, 2026
MANUFACTURING
Jindal Stainless, IOCL Renew Lubricants VMI Pact For Five Years
Jindal Stainless Ltd and Indian Oil Corporation Ltd (IOCL) have renewed their Lubricants Vendor Managed Inventory (VMI) partnership for another five years, extending their long-standing collaboration in lubricants and energy supplies. The renewed agreement was signed at Jindal Stainless’ Hisar unit. The partnership is aimed at strengthening supply reliability and technical cooperation as the company […]
CW Bureau
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Oct 5, 2026
INFRASTRUCTURE
IndianOil Charts AI-Led Growth, Expands Gas & Petrochemicals Push
Indian Oil Corporation Ltd (IndianOil), India’s largest oil marketing company, is accelerating investments in digital technologies, natural gas, petrochemicals and core refining infrastructure as it prepares for the next phase of growth. “The road ahead will undoubtedly present new challenges, but it will also create new possibilities,” said IndianOil Chairman A.S. Sahney in a letter […]
CW Bureau
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Aug 7, 2026
AUTO
TVS Motor Joins Hands With IndianOil To Drive Green LPG Last-Mile Delivery
TVS Motor Company has partnered with Indian Oil Corporation Ltd (IndianOil) to strengthen last-mile LPG cylinder distribution by deploying sustainable commercial mobility solutions across the country. Under the strategic partnership, TVS Motor will work with IndianOil’s network of more than 13,000 LPG distributors to facilitate the adoption of TVS King Kargo HD cargo vehicles for […]
CW Bureau
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Jul 8, 2026
INFRASTRUCTURE
NLC India Joins Hands With IndianOil For Renewable Energy Projects In TN
NLC India Ltd (NLCIL) and Indian Oil Corporation Ltd (IOCL) have signed a memorandum of understanding (MoU) to form a joint venture for developing renewable energy projects in Tamil Nadu, marking a significant step towards strengthening India’s clean energy transition. The MoU was signed in New Delhi on June 22, 2026. Focus on large-scale renewable […]
CW Bureau
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Jun 23, 2026
STARTUP/TECHNOLOGY
GPS Renewables Raises ₹635 Cr In Series C Funding For Growth Plan
Bengaluru-based GPS Renewables (GPSR), a full-stack renewable oil and gas company, has raised ₹635 crore through a combination of equity funding and strategic investments to support the expansion of its compressed biogas (CBG) business. The Series C round includes ₹125 crore in equity funding led by PixelSky Capital, with participation from Spectrum Impact Family Office […]
CW Bureau
·
Jun 11, 2026
