Shrikant Madhav Vaidya took charge as the new chairman of Indian Oil Corporation (IOC). Prior to this, he was the Director (Refineries) on the IOC Board, since October 2019. He will replace Sanjiv Singh, who retired on June 30.
Vaidya will also be the chairman of Chennai Petroleum Corporation Ltd, a stand-alone refining subsidiary of IOC, and Indian Oiltanking Ltd, a joint venture providing terminalling services. He will also take over as the head of Ratnagiri Refinery & Petrochemicals Ltd and also be a director on the board of Petronet LNG Ltd. He has had a decade-long association with India’s largest cracker plant—the Panipat Naphtha Cracker Complex.
Important takeaways for all competitive exams:
Did you know there is a country where coffee is not just a drink but…
India’s trade deficit widened sharply in January 2026 as imports surged by 19 per cent…
HAMMER air-to-surface weapon will soon be manufactured in India after a major India-France defence agreement.…
Johannes Klaebo won his record ninth Winter Olympic medal as Norway secured gold in the…
Did you know that one district in Uttar Pradesh has earned a stylish nickname because…
Did you know that some mountains earn special nicknames because of their shape and strength?…