IOC meaning in Company Name ?

Answer: What is Indian Oil Corporation mean?

Indian Oil Corporation Limited (IOCL), d/b/a IndianOil, is an Indian government corporation. It is under the ownership of Ministry of Petroleum and Natural Gas, Government of India headquartered in New Delhi. The government corporation is ranked 212th on the Fortune Global 500 list of the world's biggest corporations as of 2021. It is the largest government owned oil corporation in the country, with a net profit of $6.1 billion for the financial year 2020-21. As of 31 March 2021, Indian Oil's employee strength is 31,648, out of which 17,762 are executives and 13,876 non-executives. Also, total 2,775 women employees comprising 8.77% of the total workforce.

Indian Oil's business interests overlap the entire hydrocarbon value-chain, including refining, pipeline transportation, marketing of petroleum products, exploration and production of crude oil, natural gas and petrochemicals. Indian Oil has ventured into alternative energy and globalisation of downstream operations. It has subsidiaries in Sri Lanka (Lanka IOC), Mauritius (IndianOil (Mauritius) Ltd) and the Middle East (IOC Middle East FZE).

In May 2018, IOCL became India's most profitable government corporation for the second consecutive year, with a record profit of ₹21,346 crores in 2017–18, followed by Oil and Natural Gas Corporation, whose profit stood at ₹19,945 crores. In February 2020, the company signed a deal with the Russian oil company Rosneft to buy 140,000 barrels per day of crude in year 2020. By 1 April 2020, IndianOil was in absolute readiness to launch BS-VI (Bharat Stage VI) fuels in all its retail outlets in Telangana and adopt world-class emission norms.

In January 2021, sales were registered at all time high of 410,000 barrels of oil per day till 26 January 2021. Delek, Qatar Petroleum, Saudi Aramco are its largest business partners with Abu Dhabi National Oil Company and National Iranian Oil Company signing deals to deliver high production output at end of 2020.

reference

Full Form	Category
Intergovernmental Oceanographic Commission	Academic & Science
Indian Ocean Climate	Academic & Science
Indirect Object Clitic	Academic & Science
International Orchid Committee	Academic & Science
Immediate or Cancel	Accounts and Finance
Insist On Cash	Accounts and Finance
International Order of Characters	Associations & Organizations
Innovation Ontario Corporation	Business
Independent Operating Company	Business
Integration, Organization, Cohesion	Business
Inter-Office Communication	Business
International Oil Company	Business
In-organic Contaminant	Chemistry
International Ornithological Committee	Community
International Outreach Church	Community
Inner Olympic Club	Community
International Olympic Committee's	Community
Imitation Of Christ	Community
Interim Orders Committee	Community
Independent Oversight Committee	Community
Indian Oil Corporation	Company Name
Input/output Comparator	Computer Hardware
Input/output Configuration	Computer Hardware
Indicator of Compromise	Computing
ISDN Ordering Code	Computing
Infrastructure Operating Center	Computing
Install Optional Components	Computing
Instant Organizational Chart	Computing
Input Output Control	Computing
Ibm Open Class Library	Computing
Integrated Optical Circuit	Computing
Intel Online Connect	Computing
Indicators Of Compromise	Computing
Internet Of Communications	Computing
Internet Of Cores	Computing
Internet Of Customers	Computing
Internet Of Campus	Computing
Internet Of Clean	Computing
Internet Of Computer	Computing
Internet Operations Center	Computing
Internet Of Content	Computing
I/O Coin	Cryptocurrency
Impedance of Circuit	Electronics
Instant Orgcharting! Organizational Chart	File Type
Integer Overflow Checker	General
Institut Obert de Catalunya	General
International Olympic	General
Iron Ore Co	General
International Outreach Center	General
itial Operational Capability	General
Interesting Olympic Campaign	General
Intelligent Orientation Control	General
Interesting Olympic Confederation	General
Invasion Of Chaos	General
Instead of Ordinary Coke	General
Intolerant Olympic Committee	General
itial Operating Capability	General
Ignore Olympic Casualties	General
Indication Of Compromise	General
Input Output Cluster	General
Instant Oil Change	General
Infiniti Owner's Club	General
Isuzu Offroad Club	General
Ibiza Owners Club	General
Internet Of Cars	General
Isetta Owners Club	General
Independent Outpatient Clinic	Governmental
International Olive Council	Governmental
International Olympic a Council	Governmental
Industry Overpowers Communism	Governmental
International Organized Crime	Governmental
Ignorant Oppressive And Corrupt	Governmental
Index Of Cooperation	Governmental
Inter-Organizational Council	Governmental
In-Organic Contaminants	Governmental
Instrument Of Commitment	Governmental
Incident Operations Center	Governmental
Interception Of Communication	Governmental
Institute Of Coding	Governmental
International Outdoor Club	International
International Open College	International
International Open Coed	International
Iteration On Coefficient	Maths
VA Independent Outpatient Clinic	Medical
Intraoperative Cholangiogram (with gallbladder surgery)	Medical
IntraOral Camera	Medical
International Olympic Committee	Military and Defence
Indoor Obstacle Course	Military and Defence
Industrial Operations Command	Military and Defence
Intelligence Operations Center	Military and Defence
Investigations Operations Center	Military and Defence
Infantry Officer Course	Military and Defence
Initiative On Cities	Regional
Indian Orthodox Church	Society & Culture
Inversion of Control	Softwares
Indirect Operating Costs	Space Science
Initial Operating Capability	Space Science
Initial Operational Capability	Space Science
Input/output Controller	Space Science
International Othello Competitors	Sports
Inter-office Channel	Telecommunication