Economic Times | Indian Oil Corp Finds - Surprise - That Less Bureaucracy Means Higher Profits Forbes Indian Oil Corporation (IOC) has just proven a delightful little concept of market economics. That less bureaucracy can lead to higher profits. And of course this is a useful lesson for the entire Indian economy to learn. It might even be true that the ... Government may sell 3 per cent in Indian Oil for over Rs 6000 crore by end June |