{"id":296358,"date":"2019-10-16T11:02:18","date_gmt":"2019-10-16T05:32:18","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=296358"},"modified":"2019-10-16T11:02:18","modified_gmt":"2019-10-16T05:32:18","slug":"indian-oil-to-raise-%e2%82%b960-billion-via-local-currency-bonds","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-oil-to-raise-%e2%82%b960-billion-via-local-currency-bonds\/","title":{"rendered":"Indian Oil to raise \u20b960 billion via local-currency bonds"},"content":{"rendered":"<p>The Indian Oil Corporation Ltd (IOCL) plans to raise as much as \u20b960 bln via local-currency bonds this financial year, the company\u2019s director finance Sandeep Kumar Gupta said in New Delhi, news agency Bloomberg reported.<\/p>\n<p>IOCL, the country\u2019s largest state-owned downstream petroleum company by earnings, plans to spend \u20b9250 billion as capital expenditure this fiscal, of which it has already spent \u20b995 billion through end-September, Gupta said.<\/p>\n<p>The company\u2019s core businesses comprise refining, transportation, and marketing of petroleum products. Over the years, Indian Oil has not only expanded downstream gas marketing in the country but also ventured into petrochemicals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian Oil Corporation Ltd (IOCL) plans to raise as much as \u20b960 bln via local-currency bonds this financial year, the company\u2019s director finance Sandeep Kumar Gupta said in New Delhi, news agency Bloomberg reported. IOCL, the country\u2019s largest state-owned downstream petroleum company by earnings, plans to spend \u20b9250 billion as capital expenditure this fiscal, of which it has already spent \u20b995 billion through end-September, Gupta said. The company\u2019s core businesses comprise refining, transportation, and marketing of petroleum products. Over the years, Indian Oil has not only expanded downstream gas marketing in the country but also ventured into petrochemicals.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-296358","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=296358"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296358\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=296358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=296358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=296358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}