indian oil, indian oil history, indian oil life, indian oil facts, indian oil origin

In 1959, Indian Oil Corporation was founded in India by the Government of India

June 30 indian oil, indian oil history, indian oil life, indian oil facts, indian oil origin

The Indian Oil Company was established as a statutory corporation in 1959. Its initial goal was to offer oil products to Indian state enterprises. It was then given responsibility for the selling of state refinery products. Following a pricing battle with international corporations in 1961, it emerged as the country's principal marketing organisation for the export and import of oil and gas. Since 1959, this refining, marketing, and international trading enterprise has assisted the Indian government in the critical mission of lowering India's reliance on foreign oil and so preserving vital foreign cash.

Related On This Day
July 01 Rhea Chakraborty Bollywood Actress

In 1992, Rhea Chakraborty, a Bollywood Actress was born

July 02 India and Pakistan Simla Agreement

In 1972, India and Pakistan signed the Simla Agreement, a peace treaty.

July 01 Muppavarapu Venkaiah Naidu

In 1949, Muppavarapu Venkaiah Naidu was born in Chavatapalem, India

July 01 Pamela Anderson actress

Pamela Anderson, a Canadian-American actress and Playboy playmate, was born in Ladysmith, British Columbia, in 1967.

June 30 mike tyson, mike tyson bio, mike tyson biography, mike tyson life, mike tyson about, mike tyson care

In 1966, Mike Tyson a professional boxer was born in New York

June 30 Sanath Jayasuriya, Jayasuriya bio, Jayasuriya biography, Jayasuriya about, life, Jayasuriya life

In 1969, Sanath Jayasuriya former Sri Lanka cricketer and team captain was born

July 02 Larry David  American actor

Larry David, an American actor, comedian, and screenwriter, was born in Brooklyn, New York in 1947.

July 02 Ashley Tisdale  American actress

Ashley Tisdale, an American actress and singer, was born in Monmouth County, New Jersey in 1985.

June 30 michael phelps, michael phelps bio, michael phelps biography, michael phelps life, michael phelps fa

In 1985, Michael Phelps, an olympic swimmer was born in Baltimore USA

July 02 Margot Robbie  Australian actress

Margot Robbie, an Australian actress and producer, was born in Dalby, Queensland, in 1990.

July 01 Diana Spencer English Princess of Wales

Diana Spencer, English Princess of Wales, was born in Sandringham, England in 1961.