Fire at IOC depot, no casualties
New Delhi   19-Jan-2011

A major fire broke out at the IndianOil (IOC) depot at Taloja in Navi Mumbai on Tuesday, destroying around 40,000 litres of lubricant oil. However, no casualties have been reported. "We will know the financial impact of the fire by this evening or tomorrow," Chairman B M Bansal said. "Preliminary reports indicate that the cause of the fire appears to be an electrical Short circuit."