Arvinder Singh Sahney, 54, has over three decades of expertise in the refinery and petrochemical sector. He has worked at five of Indian Oil's nine refineries.
Nalco reported its Q2 results on Wednesday, after market hours. The company's consolidated profit rose more than five-fold to Rs 1,045.97 as compared to Rs 187.35 crore a year ago
Apollo Tyres reported a 37% drop in quarterly profit, primarily due to weak demand in the Indian market and increased raw material costs. Despite growth in the European passenger vehicle segment, the company's overall performance was impacted by a slowdown in the commercial vehicle segment in India.
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