Bharat Petroleum Corporation Limited is a Government of India controlled Maharatna oil and gas company headquartered in Mumbai, Maharashtra. The Corporation operates two large refineries of the country located in Mumbai; the company is India's 2nd largest downstream oil company and is ranked 342nd on the Fortune list of the world's biggest corporations as of 2016.. In 2018, BPCL ranked 672 in the Forbes 2018; the company today known as BPCL started off as Rangoon oil company and thereafter Burmah Oil, an oil exploration company set up to explore the new discoveries off Assam and Burma during the British colonial rule of India. In 1889 during vast industrial development, an important player in the South Asian market was the Burmah Oil Company. Though incorporated in Scotland in 1886, the company grew out of the enterprises of the Chef Rohit Oil Company, formed in 1871 to refine crude oil produced from primitive hand dug wells in Upper Burma. In 1928, Asiatic Petroleum Company started cooperation with Burma oil company.
Asiatic Petroleum was a joint venture of Royal Dutch and Rothschilds formed to address the monopoly of John D Rockefeller's Standard Oil, which operated in India as Esso. This alliance led to the formation of Burmah-Shell Oil Storage and Distributing Company of India Limited. Burmah Shell began its operate operations with marketing of Kerosene. In the mid 1950s, the company began to sell LPG cylinders to homes in India and further expanded its delivery network, it marketed kerosene and petrol in cans in order to reach remote parts of India. In 1951, the Burmah shell began to build a refinery in Trombay under an agreement with the Government of India. In 1976, the company was nationalized under the Act on the Nationalisation of Foreign Oil companies ESSO, Burma Shell and Caltex. On 24 January 1976, the Burmah Shell was taken over by the Government of India to form Bharat Refineries Limited. On 1 August 1977, it was renamed Bharat Petroleum Corporation Limited, it was the first refinery to process newly found indigenous crude Bombay High.
In 2003, the government attempted to further privatize the company. However, following a petition by the Centre for Public Interest Litigation, the Supreme Court restrained the Central government from privatizing Hindustan Petroleum and Bharat Petroleum without the approval of Parliament; as counsel for the CPIL, Rajinder Sachar and Prashant Bhushan said that the only way to disinvest in the companies would be to repeal or amend the Acts by which they were nationalized in the 1970s. As a result, the government would need a majority in both houses to push through any privatization. In 2017, Bharat Petroleum Corporation Limited received Maharatna status, a term used to describe government owned entities in India with the largest market capitalization and high profits. Status on 12 September 2017 Bharat Petroleum operates the following refineries: Mumbai Refinery: Located near Mumbai, Maharashtra, it has a capacity of 13 million metric tonnes per annum. Kochi Refineries: Located near Kochi, Kerala.
It has a capacity of 15.5 million metric tonnes per annum. Bina Refinery: Located near Bina, Sagar district, Madhya Pradesh, it has a capacity of 6 million metric tonnes per year. This refinery is operated by Bharat Oman Refineries Limited, a joint venture between Bharat Petroleum and Oman Oil Company. Numaligarh Refinery: Located near Numaligarh, Golaghat district, Assam, it has a capacity of 3 million metric tonnes per year. The company business is divided in seven SBUs, like Retail, Aviation, Gas, I&C and LPG, they have popular Loyalty Program like Smartfleet. As of September 2018, 54% of the shares of BPCL were owned by the Government of India, with the rest owned by Foreign Portfolio Investors, BPCL trust for investing in shares, Mutual funds and UTI, Insurance companies and the balance held by individual share holders. Rajiv Gandhi Institute of Petroleum Technology Official website Bharat gas Booking Bharat Gas Business data for Bharat Petroleum: Reuters Google Finance BloombergQuint
Indian Oil Corporation
Indian Oil Corporation Limited known as IndianOil is an Indian state owned oil and gas company with registered office at Mumbai and headquartered in New Delhi. It is the largest commercial oil company in the country, with a net profit of INR 19,106 crore for the financial year 2016–17, it is ranked 1st in Fortune India 500 list for year 2016 and 168th in Fortune's ‘Global 500’ list of world's largest companies in the year 2017. As of 31 March 2017 IndianOil's employee strength is 33,135, out of which 16,545 are in the officer cadre, it is India's largest downstream oil company, with a work force of more than 33,000 employees, a turnover of Rs. 506,428 crore and a net profit of Rs. 21,346 crore in 2017-18. IndianOil's business interests overlap the entire hydrocarbon value-chain, including refining, pipeline transportation, marketing of petroleum products and production of crude oil, natural gas and petrochemicals. IndianOil has ventured into alternative globalization of downstream operations.
It has subsidiaries in Sri Lanka and the Middle East. In May 2018, IOC become India's most profitable state-owned company for the second consecutive year, with a record profit of ₹21,346 crore in 2017-18, followed by Oil and Natural Gas Corporation, whose profit stood at ₹19,945 crore. There are 7 major Business Divisions in the organization: Refineries Division Pipelines Division Marketing Division R&D Division Petrochemicals Division Exploration & Production Division Explosives and Cryogenics Division Indian Oil accounts for nearly half of India's petroleum products market share, 35% national refining capacity, 71% downstream sector pipelines through capacity; the Indian Oil Group owns and operates 11 of India's 23 refineries with a combined refining capacity of 80.7 MMTPA. Indian Oil's cross-country pipeline network, for transportation of crude oil to refineries and finished products to high-demand centers, spans over 13,000 km The company has a throughput capacity of 80.49 MMTPA for crude oil and petroleum products and 9.5 MMSCMD for gas.
On 19 November 2017, IOC, in collaboration with Ola, launched India’s first electric charging station at one of its petrol-diesel stations in Nagpur. Indian governments’ National Electric Mobility Mission Plan launched in 2013 aims at ensuring a vehicle population of 6 to 7 million electric and hybrid vehicles in India by 2020. Barauni Refinery Bongaigaon Refinery CPCL, Chennai CPCL, Narimanam Digboi Refinery Guwahati Refinery Haldia Refinery Koyali Refinery Mathura Refinery Panipat Refinery Paradip Refinery Salaya - Mathura crude oil pipeline Mundra - Panipat crude oil pipeline Paradip-Haldia-Barauni crude oil pipeline Koyali - Mohanpura product pipeline Koyali - Ahmedabad product pipeline Guwahati - Siliguri product pipeline Barauni - Kanpur product pipeline Haldia - Mourigram - Rajbandh product pipeline Haldia - Barauni product pipeline Panipat - Jalandhar LPG pipeline Dadri - Panipat R-LNG pipeline Koyali - Ratlam product pipeline Koyali - Dahej/ Hazira product pipeline Panipat - Bhatinda product pipeline Panipat - Rewari product pipeline Panipat - Ambala - Jalandhar product pipeline Mathura - Delhi product pipeline Mathura - Bharatpur product pipeline Mathura - Tundla product pipeline Chennai - Trichy - Madurai product pipeline Chennai - Bangalore product pipeline Chennai ATF pipeline Bangalore ATF pipeline Kolkata ATF pipeline Paradip - Raipur - Ranchi product pipeline Paradip - Hyderabad product pipeline IndianOil Ltd.
Lanka IOC PLC IOC Middle East FZE As of 31 March 2017, the company had 33,135 employees, out of which 2735 were women. Its workforce includes 16,545 officers; the attrition rate in Indian Oil is around 1.5%. The company incurred INR 96.57 Billion on employee benefits during the FY 2016–17. Indian Oil's equity shares are listed on the Bombay Stock Exchange and National Stock Exchange of India; as of September 2018, it was owned 57% by the Government of India, 43% by other entities. The latter included corporate bodies, ONGC, LIC, Foreign portfolio investors, Oil India Limited and Indian Mutual funds; this was similar to its shareholding in 2017. As of 31 December 2017, the Promoters Government of India held approx. 56.98% of the shares in Indian Oil Corporation. Public held the rest 43.02% of the shares - this includes Mutual Fund Companies, Foreign Portfolio Investors, Financial Institutions/ Banks, Insurance Companies, Individual Shareholders and Trusts. Indian Oil Corporation has two major domestic competitors - Bharat Petroleum and Hindustan Petroleum - and both are state-controlled, like Indian Oil Corporation.
Major private competitors include - Reliance Industries and Essar Oil. India has begun the development of a strategic crude oil reserve sized at 37.4 million barrels, enough for two weeks of consumption. Petroleum stocks have been transferred from the Indian Oil Corporation to the Oil Industry Development Board; the OIDB created the Indian Strategic Petroleum Reserves Ltd to serve as the controlling government agency for the strategic reserve. Rajiv Gandhi Institute of Petroleum Technology Indane Official website - IOCL−Indian Oil Corporation Official website - Indane
Ahmedabad ( is the largest city and former capital of the Indian state of Gujarat. It is the administrative headquarter of the Ahmadabad district and the seat of the Gujarat High Court. Ahmedabad's population of 5,633,927 makes it the fifth most populous city in India, the encompassing urban agglomeration population estimated at 6,357,693 is the seventh most populous in India. Ahmadabad is located on the banks of the Sabarmati River, 30 km from the state capital Gandhinagar, its twin city. Ahmedabad has emerged as an important industrial hub in India, it is the second largest producer of cotton in India, its stock exchange is the country's second oldest. Cricket is a popular sport in Ahmedabad; the effects of liberalisation of the Indian economy have energised the city's economy towards tertiary sector activities such as commerce and construction. Ahmedabad's increasing population has resulted in an increase in the construction and housing industries resulting in recent development of skyscrapers.
In 2010 Ahmedabad was ranked third in Forbes's list of fastest growing cities of the decade. In 2012, The Times of India chose Ahmedabad as India's best city to live in; as of 2014, Ahmedabad's estimated. Ahmedabad has been selected as one of the hundred Indian cities to be developed as a smart city under Government of India's flagship Smart Cities Mission. In July 2017, the Historic City of Ahmedabad or Old Ahmedabad, was declared as India's first UNESCO World Heritage City; the area around Ahmedabad has been inhabited since the 11th century. At that time, the Chaulukya ruler of Anhilwara, waged a successful war against the Bhil king of Ashaval, established a city called Karnavati on the banks of the Sabarmati. Solanki rule lasted until the 13th century, when Gujarat came under the control of the Vaghela dynasty of Dholka. Gujarat subsequently came under the control of the Delhi Sultanate in the 14th century. However, by the earlier 15th century, the local governor Zafar Khan Muzaffar established his independence from the Delhi Sultanate and crowned himself Sultan of Gujarat as Muzaffar Shah I, thereby founding the Muzaffarid dynasty.
This area came under the control of his grandson Sultan Ahmed Shah in 1411 A. D. who while at the banks of Sabarmati liked the forested area for a new capital city and laid the foundation of a new walled city near Karnavati and named it Ahmedabad after the four saints in the area by the name Ahmed. According to other sources, he named it after himself. Ahmed Shah I laid the foundation of the city on 26 February 1411 at Manek Burj, he chose it as the new capital on 4 March 1411. In 1487, Mahmud Begada, the grandson of Ahmed Shah, fortified the city with an outer wall 10 km in circumference and consisting of twelve gates, 189 bastions and over 6,000 battlements. In 1535 Humayun occupied Ahmedabad after capturing Champaner when the ruler of Gujarat, Bahadur Shah, fled to Diu. Ahmedabad was reoccupied by the Muzaffarid dynasty until 1573 when Gujarat was conquered by the Mughal emperor Akbar. During the Mughal reign, Ahmedabad became one of the Empire's thriving centres of trade in textiles, which were exported as far as Europe.
The Mughal ruler Shahjahan spent the prime of his life in the city, sponsoring the construction of the Moti Shahi Mahal in Shahibaug. The Deccan Famine of 1630–32 affected the city, as did famines in 1650 and 1686. Ahmedabad remained the provincial headquarters of the Mughals until 1758, when they surrendered the city to the Marathas. During the period of Maratha Empire governance, the city became the centre of a conflict between the Peshwa of Poona and the Gaekwad of Baroda. In 1780, during the First Anglo-Maratha War, a British force under James Hartley stormed and captured Ahmedabad, but it was handed back to the Marathas at the end of the war; the British East India Company took over the city in 1818 during the Third Anglo-Maratha War. A military cantonment was established in 1824 and a municipal government in 1858. Incorporated into the Bombay Presidency during British rule, Ahmedabad became one of the most important cities in the Gujarat region. In 1864, a railway link between Ahmedabad and Mumbai was established by the Bombay and Central India Railway, enabling traffic and trade between northern and southern India via the city.
Over time, the city established itself as the home of a developing textile industry, which earned it the nickname "Manchester of the East". The Indian independence movement developed roots in the city when Mahatma Gandhi established two ashrams – the Kochrab Ashram near Paldi in 1915 and the Satyagraha Ashram on the banks of the Sabarmati in 1917 – which would become centres of nationalist activities. During the mass protests against the Rowlatt Act in 1919, textile workers burned down 51 government buildings across the city in protest at a British attempt to extend wartime regulations after the First World War. In the 1920s, textile workers and teachers went on strike, demanding civil rights and better pay and working conditions. In 1930, Gandhi initiated the Salt Satyagraha from Ahmedabad by embarking from his ashram on the Dandi Salt March; the city's administration and economic institutions were rendered inoperative in the early 1930s by the large numbers of people who took to the streets in peaceful protests, again in 1942 during the Quit India Movement.
Following independence and the partition of India in 1947, the city was scarred by the intense communal violence that broke out between Hindus and Muslims in 1
New Delhi is an urban district of Delhi which serves as the capital of India and seat of all three branches of the Government of India. The foundation stone of the city was laid by Emperor George V during the Delhi Durbar of 1911, it was designed by Sir Edwin Lutyens and Sir Herbert Baker. The new capital was inaugurated on 13 February 1931, by Viceroy and Governor-General of India Lord Irwin. Although colloquially Delhi and New Delhi are used interchangeably to refer to the National Capital Territory of Delhi, these are two distinct entities, with New Delhi forming a small part of Delhi; the National Capital Region is a much larger entity comprising the entire NCT along with adjoining districts in neighboring states. Calcutta was the capital of India during the British Raj, until December 1911. Calcutta had become the centre of the nationalist movements since the late nineteenth century, which led to the Partition of Bengal by Viceroy of British India, Lord Curzon; this created massive political and religious upsurge including political assassinations of British officials in Calcutta.
The anti-colonial sentiments amongst the public led to complete boycott of British goods, which forced the colonial government to reunite Bengal and shift the capital to New Delhi. Old Delhi had served as the political and financial centre of several empires of ancient India and the Delhi Sultanate, most notably of the Mughal Empire from 1649 to 1857. During the early 1900s, a proposal was made to the British administration to shift the capital of the British Indian Empire, as India was named, from Calcutta on the east coast, to Delhi; the Government of British India felt that it would be logistically easier to administer India from Delhi, in the centre of northern India. The land for building the new city of Delhi was acquired under the Land Acquisition Act 1894. During the Delhi Durbar on 12 December 1911, George V Emperor of India, along with Queen Mary, his consort, made the announcement that the capital of the Raj was to be shifted from Calcutta to Delhi, while laying the foundation stone for the Viceroy's residence in the Coronation Park, Kingsway Camp.
The foundation stone of New Delhi was laid by King George V and Queen Mary at the site of Delhi Durbar of 1911 at Kingsway Camp on 15 December 1911, during their imperial visit. Large parts of New Delhi were planned by Edwin Lutyens, who first visited Delhi in 1912, Herbert Baker, both leading 20th-century British architects; the contract was given to Sobha Singh. The original plan called for its construction in Tughlaqabad, inside the Tughlaqabad fort, but this was given up because of the Delhi-Calcutta trunk line that passed through the fort. Construction began after World War I and was completed by 1931; the city, dubbed "Lutyens' Delhi" was inaugurated in ceremonies beginning on 10 February 1931 by Lord Irwin, the Viceroy. Lutyens designed the central administrative area of the city as a testament to Britain's imperial aspirations. Soon Lutyens started considering other places. Indeed, the Delhi Town Planning Committee, set up to plan the new imperial capital, with George Swinton as chairman, John A. Brodie and Lutyens as members, submitted reports for both North and South sites.
However, it was rejected by the Viceroy when the cost of acquiring the necessary properties was found to be too high. The central axis of New Delhi, which today faces east at India Gate, was meant to be a north-south axis linking the Viceroy's House at one end with Paharganj at the other. Owing to space constraints and the presence of a large number of heritage sites in the North side, the committee settled on the South site. A site atop the Raisina Hill Raisina Village, a Meo village, was chosen for the Rashtrapati Bhawan known as the Viceroy's House; the reason for this choice was that the hill lay directly opposite the Dinapanah citadel, considered the site of Indraprastha, the ancient region of Delhi. Subsequently, the foundation stone was shifted from the site of Delhi Durbar of 1911–1912, where the Coronation Pillar stood, embedded in the walls of the forecourt of the Secretariat; the Rajpath known as King's Way, stretched from the India Gate to the Rashtrapati Bhawan. The Secretariat building, the two blocks of which flank the Rashtrapati Bhawan and houses ministries of the Government of India, the Parliament House, both designed by Baker, are located at the Sansad Marg and run parallel to the Rajpath.
In the south, land up to Safdarjung's Tomb was acquired to create what is today known as Lutyens' Bungalow Zone. Before construction could begin on the rocky ridge of Raisina Hill, a circular railway line around the Council House, called the Imperial Delhi Railway, was built to transport construction material and workers for the next twenty years; the last stumbling block was the Agra-Delhi railway line that cut right through the site earmarked for the hexagonal All-India War Memorial and Kingsway, a problem because the Old Delhi Railway Station served the entire city at that time. The line was shifted to run along the Yamuna river, it began operating in 1924; the New Delhi Railway Station opened in 1926, with a single platform at Ajmeri Gate near Paharganj, was completed in time for the city's inauguration in 1931. As construction of the Viceroy's House, Central Secretariat, Parliament House, All-India War Memorial was winding down, the building of a shopping district and a new plaza, Connaught Place, began in 1929, was completed by 1933.
Named after Prince Arthur, 1st Duke of Connaught, it was designed by Robert Tor Russell, chief architect to the P
Indian Institute of Management Ahmedabad
Indian Institute of Management Ahmedabad is a top ranked public business school located in Ahmedabad, India. Established in 1961, the institute offers Masters Degree programmes in management and agri-business management, a fellowship programme and a number of executive training programmes; the Institute's founding director was Ravi J. Matthai. Other notable founding figures were the Indian physicist Vikram Sarabhai and Indian businessman Kasturbhai Lalbhai. IIM Ahmedabad was established on 11 December 1961 with the active support of the Government of India, the Government of Gujarat, Harvard Business School, prominent members of Indian industry; the physicist Vikram Sarabhai and businessman Kasturbhai Lalbhai, both natives of Ahmedabad, played pivotal roles in setting up the institute. The institute's Kasturbhai Lalbhai Management Development Centre and a Kasturbhai Lalbhai Chair in Entrepreneurship are named in his honour; the management educator Ravi J. Matthai and several other Ahmedabad-based industrialists played a major role in its creation.
The IIMA campus is situated across 102 acres in Ahmedabad. The campus houses the academic blocks, faculty offices and faculty accommodation, the Vikram Sarabhai Library, the R. J. Matthai Auditorium, the Louis Kahn Plaza, the International Management Development Centre, the Kasturbhai Lalbhai Management Development Centre, the Centre for Innovation and Entrepreneurship, sport facilities, several food outlets and merchandise stores. In 1962, the IIMA board came to a formal agreement with the National Institute of Design for the latter to undertake the task of designing the IIM Ahmedabad campus; the National Institute of Design appointed American architect Louis Kahn and B. V. Doshi as architects for the project. Kahn worked on the IIMA project from 1962 until his death in 1974. Kahn's architecture is characterized by the use of exposed red bricks, the extensive use of geometric shapes in hostels and academic blocks and vast corridors outside the classrooms. A number of tourists and architecture students visit the campus every year.
The library is named after renowned physicist Vikram Sarabhai. The library was instituted in 1962 and houses over 193000 books and has online subscriptions to greater than 24000 journals; the library provides access to 100+ digital databases relating to scholarly and industry information to the IIMA community. The library is located at the Louis Kahn Plaza. In year 2016, Tata Consultancy Services partnered with the university with a grant of ₹20 crore to restore the library for digital learning and collaboration. Students are provided single room accommodation in the 33 furnished dormitories spread across the campus. Married students can opt to live with their family in married students' hostels. Stay in dormitories is mandatory for students. Basic amenities including washing machines, refrigerators and TVs are available at each dorm. Like other IIMs, IIM Ahmedabad offers masters degree in management as per the approval of the Indian Institute of Management Bill, 2017; these include two-year full-time programmes, one-year full-time residential programme for experienced professionals, ePost Graduate Programme in Management.
IIM Ahmedabad offers doctoral level fellowship programmes. The institute conducts a number of executive faculty development programmes. IIMA has affiliations with 78 leading business schools across the world. In 2015-16, 140 students from IIMA spent a semester at affiliate business schools across North America, Africa and the Asia Pacific region, while 87 students from foreign colleges spent a semester at IIMA for the same period; the Institute has a Dual Degree programme arrangement with a few business schools such as HEC Paris, Bocconi University, ESSEC Business School in Paris, University of Cologne and ESCP Europe. Some of the students going on exchange receive scholarships from the Institute, DAAD Germany, the French Government and participating schools; the university has the following sector or mission oriented centres which are staffed by faculty members: Centre for Innovation, Incubation & Entrepreneurship - It was set up in 2012 as a research institution, with a grant pool from Government of Gujarat, the Department of Science and Technology and IIMA.
It now operates as a section 8 non profit company under Companies Act 2013. The centre supports 40-60 ventures every year through its accelerator programmes, incubation spaces and seed investment programme; the centre has about 20,000 sq ft of incubation space in Ahmedabad, 30,000 sq ft in Pune and is in the process of setting up another one in Pune spread over 10,000 sq ft. The center has a Young IIMAvericks Fellowship/Internship Programme for batch of graduating students who decide to take the route of entrepreneurship. In 2015, CIIE was invited to co-host the first India-US Startup Konnect in the Silicon Valley to showcase the strengths of India's startup ecosystem. In 2017, Securities and Exchange Board of India gave approval to Bharat Innovation Fund to operate as a Venture Capital Fund and secured Category – I Venture Capital Fund status. India Gold Policy Centre Centre for e-Governance Centre for Infrastructure Policy and Regulation Centre for Management of Health Services Centre for Retailing IIMA-Idea Telecom Centre of Excellence Worldwide, the Financial Times has ranked IIM Ahmedabad #16 in its Masters in Management Ranking 2016 and #29 in its Global MBA Ranking 2017.
The QS Global 250 MBA Rankings 2018 ranked it 49 in the world and 7th in Asia and New Zealand. The QS Global 100 EMBA Rankings by Region 2017 ranked it 7 in the Asia-Pacific region, the top institute in India for both ran