{"id":361701,"date":"2020-07-07T12:25:55","date_gmt":"2020-07-07T06:55:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=361701"},"modified":"2020-07-07T12:25:55","modified_gmt":"2020-07-07T06:55:55","slug":"ioc-bets-big-on-digital-change-to-retain-biz-in-post-covid-era","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ioc-bets-big-on-digital-change-to-retain-biz-in-post-covid-era\/","title":{"rendered":"IOC bets big on digital change to retain biz in post-Covid era"},"content":{"rendered":"<p>NEW DELHI: State-run Indian Oil (IOC) is betting big on mobile computing, a lean, digital-savvy workforce and new-age offerings such as natural gas, hydrogen as well as electric mobility to reshape its leadership role in the post-pandemic \u201cnew normal\u201d of India\u2019s energy market, according to chairman Shrikant Madhav Vaidya.<br \/>\nParallelly, IOC will consolidate its core business by becoming the least-cost supplier through cost and asset optimisation.<br \/>\nExpansion of business footprint will be through \u201cmeaningful collaborations\u201d, sources quoted Vaidya as saying in his video message to employees after taking over reins of India\u2019s largest refiner-retailer on July 1.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: State-run Indian Oil (IOC) is betting big on mobile computing, a lean, digital-savvy workforce and new-age offerings such as natural gas, hydrogen as well as electric mobility to reshape its leadership role in the post-pandemic \u201cnew normal\u201d of India\u2019s energy market, according to chairman Shrikant Madhav Vaidya. Parallelly, IOC will consolidate its core business by becoming the least-cost supplier through cost and asset optimisation. Expansion of business footprint will be through \u201cmeaningful collaborations\u201d, sources quoted Vaidya as saying in his video message to employees after taking over reins of India\u2019s largest refiner-retailer on July 1.<\/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":[130,219,137],"tags":[],"class_list":["post-361701","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/361701","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=361701"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/361701\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=361701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=361701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=361701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}