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India, US sign three pacts in health and oil sectors

Wednesday, February 26, 2020, 8:59 AM

India and the US signed three agreements in health and oil sectors on Tuesday. A memorandum of understanding (MoU) was signed on mental health between the health departments of the countries. Another memorandum of understanding on the safety of medical products was signed between the Central Drugs Standard Control Organization with the US Food and Drug Administration.
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Indian Oil goes up value chain, signs fuel supply deal with US

Tuesday, February 19, 2019, 7:48 PM

To ensure a steady inflow of crude oil at a time imports from Iran are falling, state-run Indian Oil Corp (IOC) has become the first domestic company to sign a long-term supply contract with the US. The oil marketing company, in a statement released on Monday, said the annual deal is worth $1.5 billion and will be effective for FY20.
 
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Indian Oil to invest Rs 16,641 crore in Tamil Nadu

Thursday, January 24, 2019, 8:04 PM

Indian Oil Corporation Ltd (IOC) said it would invest Rs. 16,641 crore in Tamil Nadu for expanding its retail outlet network, upgrading its infrastructure and laying of gas distribution pipelines. The company signed a Memorandum of Understanding (MoU) with the Tamil Nadu government. According to IOC, it would invest Rs. 7,941 crore over the next five years.

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