MoneyWorks4Me

KVIC bags order worth over Rs 7.03 crore from Oil India

17 Jul 2019 Evaluate

The flagship store of the Khadi and Village Industries Commission (KVIC), Khadi Bhawan at Connaught Place in New Delhi has bagged order worth over Rs 7.03 crore from the Oil India (OIL), in the form of Khadi gift coupons for its 14,064 employees.

OIL agreed to gift Khadi coupons of Rs 5,000 to each of its 14,064 employees in its units across the nation. The employees, however, would be able to purchase Khadi and Village Industries products worth Rs 6,500 from the coupon of Rs 5,000. The coupons, which have already been delivered, can be redeemed throughout the year at all departmental sales outlets.

Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company.

Peers
Company Name CMP
ONGC 221.10
Oil India 442.65
Jindal Drilling&Inds 572.80
Deep Industries 746.50
Asian Energy Service 450.15
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