Indian Oil Corporation (IOC) has bagged the prestigious ‘AIMA Managing India Award 2019 for outstanding PSU of the year.’ The award was presented by former President Pranab Mukherjee to Sanjiv Singh, Chairman, Indian Oil.
The AIMA awards, declared under 11 categories, were headed by Sanjiv Goenka, chairman, RP-Sanjiv Goenka Group, and shortlisted 11 eminent enterprises and personalities of the country for their contribution to nation-building.
The All India Management Association (AIMA), the apex body of management professionals in the country, is committed to enhancing business excellence through its multifaceted activities. It was instituted in the year 2010.
Indian Oil Corporation (IOC) :
Indian Oil Corporation Limited (IOCL), commonly known as IndianOil is an Indian state owned oil and gas company with registered office at Mumbai and primarily headquartered in New Delhi.It is the largest commercial oil company in the country, with a net profit of INR 19,106 crore (USD 2,848 million) for the financial year 2016–17.