pune automotive component maker schaeffler india said that its chief executive officer ceo dharmesh arora will take over as the regional ceo of asia pacific for the schaeffler group starting from october 1 2019 the company said that his successor will be announced in due course managed out of singapore the asia pacific region is responsible for the business in japan korea and south east asia where the schaeffler group is currently building two new plants in thailand and vietnam said the company in a statement tnn new delhi indianoil corporation will more than double its turnover from petrochemicals business next fiscal even as it is hopeful of hitting the market with its followon public offer in january next fiscal we hope to run our naphtha cracker plant at panipat in full stream that will see our turnover rising to rs 15000 crore company chairman b m bansal said after launching a brand propel for the product every segment that we operate in whether it is lubricants automotive fuels lpg aviation we have established ourselves as leaders