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Oil India Limited was awarded the prestigious BUSINESS LEADERSHIP AWARD in OIL & GAS SECTOR by NDTV Profit on 7th January 2012 in Mumbai.
The NDTV PROFIT honoured the grandmasters of the corporate arena . Mr N.M Borah, Chairman & Managing Director, Oil India Limited (OIL), received the award from the Honourble Minister of Finance, Shri Pranab Mukherjee at a glittering ceremony. OIL was selected for the award from amongst all companies in the Oil & Gas Sector in India for its sterling performance.
ICAI is organizing ICAI Awards 2011 to honor the Best CFO’s amongst the Industry to demonstrate excellence in their professional life, personal life and to set a role model for other in industry.
Shri. T. K. Ananth Kumar, Director (Finance) received Best CFO Award 2011 under PSU category from Hon’ble Deputy Chairman, Rajya Sabha, Govt. of India Shri K. Rahman Khan in a glittering ceremony of ICAI Awards function held at Bangalore palace, Bangalore on 9th December, 2011.
Dr. M. Veerappa Moily, Hon’ble Minister of Corporate Affairs, Govt.. of India and Shri K. Rahman Khan, Hon’ble Deputy Chairman, Rajya Sabha, Govt. of India, was the Chief Guest. The evaluation for the award was done by an esteemed jury panel with Shri. N. R. Narayana Murthy, Chief Mentor, Infosys Limited as the Chairman of the jury. The Jury Members consisted of eminent persons from Regulatory Bodies, Past Presidents of ICAI, Business & Political world etc.
The 'World Council of Corporate Governance' (WCFCG) and 'Centre for Corporate Governance' (CFCG) have been doing tremendous work in the field of Corporate Governance and encouraging PSUs, Private and Government entities to practice better Governance in their organization to manage the business in a sustainable manner. To encourage and recognize the achievements and contributions made by all these entities in the field of Corporate Governance, Institute of Directors (IOD) had organized Golden Peacock Awards for the year 2010-11.
To felicitate various major companies in different categories, an award ceremony was organised during 11th International Conference on Corporate Governance & 2nd Global Summit on Sustainability held on 12th - 14th October, 2011 at London, UK. OIL submitted application for National and Global category in Excellence in Corporate Governance under PSU Sector and had been honoured with "Special Commendation Award" for "Excellence in Corporate Governance for the year 2010-11" under PSU Sector. OIL had taken various Corporate Governance initiatives since its listing and made prompt disclosure of information to its stakeholders through Investors Cell.
The award was presented by Rt. Hon. Baroness Verma, Minister in Govt. Whips Office and House of Lords Spokesperson for International Development, UK along with Vindi Banga, Sr Partner, Clayton Dubilier & Rice & Ex Chairman Hindustan Unilever and Lt. Gen. J S Ahluwalia, PVSM (Retd), President, Institute of Directors, New Delhi.“
Oil India Limited bagged three Petrofed Oil & Gas Industry awards for the year 2009. Instituted by Petrofed the Oil & Gas industry Awards were given away by the Hon'ble Union Minister of Petroleum & Natural Gas, Shri Jaipal Reddy at a packed function at New Delhi on May 10, 2011, in presence of Captains and leaders of the petroleum industry in India.
 Shri N.M.Borah, CMD, OIL and Shri D. Phukan, GM(PL) receiving the Oil & Gas Transportation Company of the Year Award.
Oil India received the Oil & Gas Pipeline Transportation Company of the year award, Special Commendation award for Innovator of the Year-Team and Mrs Rupshikha Saikia Borah, General Manager (Treasury), Oil India Limited, received the special commendation award for Woman of the Year in The Oil & Gas Industry.
 Mrs. Rupshikha Saikia Borah receiving the Commendation Award for the Woman of the year in Oil & Gas Industry.
 R&D Team of OIL lead by Shri H.C.Das receiving the Petrofed Commendation Award.
It is indeed a proud moment for all in Oil India limited to have been recognized for their efforts. The awards have strengthened the resolve of the Company’s employees to perform even better.
The scheme of awards approved by the Governing Council of PetroFed is open to all companies operating in India in the oil and gas sector. Preliminary evaluation of all applications received was undertaken by PricewaterhouseCoopers (PwC), the knowledge partner who assisted the Awards Committee in presenting the recommendations to the Jury for ratification.
The Jury is headed by Hon’ble Mr. Justice J. S. Verma, former Chief Justice of India. The other members of the Jury are Dr. Abid Hussain, former Ambassador to the United States of America and Shri Naresh Narad, former Chairman, Public Enterprises Selection Board.
Shri. T. K. Ananth Kumar, Director (Finance) has been honoured with the "CFO 100 Recognising Winning Edge 2010 in Raising Capital / Capital Restructuring" at a recent event held in Mumbai.
The “CFO 100 Recognising Winning Edge 2010” presented in a glittering ceremony of pomp and splendour at Taj President Hotel, Mumbai. Shri M Damodaran, Former Chairman, SEBI was the Chief Guest. The function was attended by top CEOs and CFOs of industry to name few were Shri. T. V. Mohandas Pai, Board Member, Infosys Technologies Limited, Shri. Suresh C Senapaty, Executive Director & CFO, Wipro Limited and many more. The award was jointly presented to him by Shri. Pramath Raj Sinha, Founder & Managing Director and Smt. Anuradha Das Mathur, Co-Founder & Director, Nine Dot Nine Mediaworx Pvt. Ltd.
"Oil India Limited felicitated Mr. Soubhajit Saha & Ms Mouma Das for their sterling performance in the XIXth commonwealth games held at New Delhi . Mr. Soubhajit Saha won the gold medal in the men's doubles event & a bronze medal in the team events.
Ms Mouma Das got a silver medal in the women’s team events and a bronze medal in the women's double event.
At a glittering ceremony held in the corporate office at Noida, the Chairman & Managing Director, Mr. N.M. Borah presented a cheque of Rs. 3.00 lakhs to Mr. Soubhajit Saha & Rs. 2.5 lakhs to Ms. Mouma Das for their medal winning efforts in the common wealth games."
Oil India Limited received the silver award in the Oil & Gas category of India Pride Awards -Dainik Bhaskar group. The award was received by Shri N.M. Borah, Chairman & Managing Director, Oil India Limited, at a glittering ceremony, from hon'ble Finance minister of India, Shri Pranab Mukherjee in front of many PSU leaders and business magnates.
Oil India Limited received the “Heavyweight Miniratna” PSU award at the 2nd, Dalal Street Investment Journal PSU Award 2010, ceremony at New Delhi on 6th April, 2010. The award was presented to Shri N.M.Borah, Chairman & Managing Director, Oil India Limited, by Hon’ble Union Minister of Steel, Shri Virbhadra Singh at a glittering ceremony in presence of CEOs of other PSUs and dignitaries. The award was given taking into account the Company’s Net Sales, Operating profit, Net Profit and Balance Sheet size.
Shri Borah gave the credit for the recognition to all the employees of the Company.
Oil India Limited was conferred with the “PSU with the highest Book Value” award by Dalal Street, the renowned Financial and Investment Journal. The award was given away by the Hon’ble Chief Minister of Delhi Shrimati Sheila Dikshit at a glittering ceremony at New Delhi on 24th March, 2009. Shri N.M. Borah, Chairman and Managing Director, while accepting the award thanked the organizers for instituting the award and gave the credit for the recognition to the employees of Oil India Limited.
Dalal Street has come out with a special publication and awards recognizing the performance of the Public Sector Undertakings under different performance parameters.
While most publications continue to organize award ceremonies recognizing performances of the private sector companies, Dalal Street felt that the same level of recognition and appreciation needs to be accorded to the PSUs. The Awards selection was done by an independent panel of highly reputed individuals. The awards were instituted under major heads recognizing various aspects of financial, technical, and human performance in the many fields of power, agriculture, technology, infrastructure, energy etc.
The ceremony was attended by Prof. Suresh Tendulkar, Chairman, Economic Advisory Council to Prime Minister, Dr. Satyanarayan Dash, Secretary, Ministry of Heavy Industries & Public Enterprises and several CEOs of PSUs and company officials.
 Director (Finance), Shri T.K. Ananth Kumar, receiving the “PCRA – Overall Performance in the Upstream Sector” award from Secretay, MOP&NG, Shri R.S. Pandey on 19th January, 2009 at Vigyan Bhawan, New Delhi
OIL has been a consistent and
superior performer in various core business areas over the years.
Its feats have been recognised in India as well as internationally
by world-renowned institutions and agencies. Some of the major
awards and accreditations earned by OIL are listed below:
- Rated No. 1 Public Sector Company, 2006 by the Department
of Public Enterprises, Government of India based on performance
- "Excellent" performance rating by Government
of India for past 4 years
- Performance Excellence Award, 2005-06 by the Indian Institution
of Industrial Engineering (IIIE)
- Counted among the 5 Best Public Sector Undertakings and
the 3 Best in the Energy Category by the India Today-CRISIL
Survey in 2005
- Best Project Award for Corporate Social Responsibility,
2005 by TERI, among 130 participating companies
- Corporate Social Responsibility Award, 2003-04, by TERI
for good corporate citizenship and sustainable initiatives
among comapnies with turnover above Rs 500 crore
- Green Tech Award for Environment Management, 2002
- Golden Peacock Award for Corporate Social Responsibility,
2002
- Special Commendation Award for Human Resource Management,
2001-2002 by National Petroleum Management Programme - for
OIL’s continuously evolving technology and business environment
and the Company’s initiatives to enhance safety in operations
and quality of work life via good practices
- Excellent Performing Public Sector Enterprise Award,
1998-99
- "Excellent" performance rating by Government
of India for 1997-98, 1998-99 and 1999-2000
- Longest Accident Free Period - 1997-98, 1998-99
- Excellent Performing Public Sector Enterprise Award,
1998-99
- Excellence in Riverbed Survey Award, 1998-99
- Best Oil & Gas Processing Unit Award, 1997-98
- International Green Land Society National Award, 1997-98
for best energy conservation and implementation
- Corporate Performance Award 1985 from Harvard Business
School Association of India and Economic Times
- Ranked 1 fir Profitability in terms of paid-up capital,
net assets and sales from 1981-82 to 1983-84 by the Indian
Institute of Public Opinion, among 100 largest corporate
enterprises in India
- ISO-9000:2000 Certification (Quality Management System) : LPG Plant
- ISO-9001:2000 Certification : Gas Based Power Plant
- ISO-9000:2000 (Quality Management System) : Trunk Pipeline
- ISO:9001:2000 : OIL Hospital at Duliajan
- ISO-14001 (Environment Management) : Trunk Pipeline
- OHSAS 18001 (Occupational Health and Safety Assessment Series) : Trunk Pipeline
- ISO/IEC 17025 : 2005 accreditation by NABL, Government of India for OIL’s R&D Department, the first among E&P company laboratories to get this accreditation
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