Page 12 - Bpcl

Govt to decide on re-initiating BPCL sale after reviewing situation: FinMin

The government in May withdrew its offer to sell its entire 52.98% stake in BPCL, saying that majority of bidders have expressed their inability to participate in the current privatisation process

HPCL, BPCL shed up to 4% on lackluster June quarter performance

So far in this calendar year, BPCL and HPCL have tumbled 13 per cent, and 14 per cent, respectively. However, frontline indices Nifty50 and the S&P BSE Sensex have remained flat during the same period

SBI, Paytm, Nykaa, BPCL, Titan: Trading strategies post Q1 results

Paytm and Nykaa have logged smart gains gains in trade so far on Monday post Q1 results, while SBI and BPCL declined notably. Going ahead these are the key levels to be watched on these stocks.

Stocks to Watch: Bharti Airtel, Nykaa, Paytm, BPCL, SBI, Titan, Adani Ports

Stocks to watch today: Bharti Airtel and Adani Ports will report their June quarter results (Q1FY23); Titan saw 13-fold jump in net profit to Rs 790 crore in Q1FY23.

BPCL Q1 net loss at Rs 6,291 cr on holding fuel prices despite rise in cost

Net loss of Rs 6,290.8 crore in April-June compared with Rs 3,192.58 crore in the same period a year back, the company said in a statement.

Iraq discounts heavily to muscle out cheaper Russian oil in India

After a dip in market share, suppliers from the West Asian nation are discounting heavily to muscle out cheaper Russian oil

Cabinet approves BPCL unit's $1.6-bn investment plan in Brazil

The CCEA, chaired by PM Modi, has approved additional investment by Bharat PetroResources Ltd, a wholly-owned subsidiary of BPCL, for the development of the BM-SEAL-11 Concession Project in Brazil

IOC, BPCL, HPCL may post Rs 10,700-cr combined loss in Q1: Report

ICICI Securities said the companies are losing Rs 12-14 per litre on petrol and diesel, completely offsetting the strong refining performance during the quarter

Petrol export duty: Will RIL shares fall more after Friday's 9% slide?

The bias for Reliance remains positive, with strong support seen at the 50-WMA, below which the next significant support is at Rs 2,350.

Stocks to Watch: Vodafone Idea, Bajaj Auto, Tata Steel, Glenmark Pharma

Stocks to Watch today: The US FDA has issued Glenmark Pharma form 483 with 6 observations for its Baddi Unit, which was inspected between June 13-22, 2022.

BPCL halves crude runs at Mumbai refinery; plans repairs at other plants

BPCL has shut half of its crude processing capacity at its 240,000 barrels per day (bpd) Mumbai refinery in western India since June 10

India stares at fuel shortage with spike in under-recovery at OMCs

The under-recoveries suffered by OMCs are around Rs 20-25 a litre for diesel and Rs 14-18 a litre for petrol, said sources.

Around 2,000 Rajasthan petrol pumps go dry as companies restrict supply

According to petroleum dealers, BPCL and HPCL have restricted the fuel supply and are providing only 33 per cent oil of the total demand which is triggering the fuel crisis.

BPCL winds up data room after govt puts off privatisation plan

BPCL had in April last year opened a virtual data room, mostly containing financial information on the company, for the qualified bidders signing Confidentiality Undertaking

Margin gains for oil refiners amid Ukraine war-led energy price spike

RIL, MRPL and Chennai Petro stocks are up; BPCL, HPCL and IOC are weighed down over marketing margin concerns

Bounce Infinity ties up with BPCL to set up battery swapping infrastructure

Electric mobility player Bounce Infinity on Monday said it has partnered with Bharat Petroleum Corporation Ltd (BPCL) for setting up battery swapping infrastructure at fuel stations of the public sector oil major. The battery swapping service starting from Bengaluru will be expanded to major metro cities in a phased manner, and the company aims to set up 3,000 stations across top 10 cities, Bounce said in a statement. The smart framework will cater not only to the company's retail business, but also support the interoperable partners for two-wheelers and three-wheelers, the company said, adding that the battery swapping as a solution would also support those two- and three-wheelers that have been converted to electric vehicles from conventional engines. Bounce co-founder & CEO Vivekananda Hallakere said the company has been strategically partnering with prominent industry players to revolutionise the battery swapping scenario. "This partnership reiterates our commitment towards a .

Single bid for BPCL wouldn't have helped fetch a better price: DIPAM Secy

Tuhin Pandey says LIC investors should be patient and look at the insurer's long-term prospects

Top headlines: Economic recovery underway: RBI; Aryan Khan absolved

The Narcotics Control Bureau on Friday cleared Aryan Khan, son of Bollywood actor Shah Rukh Khan, of all charges in the drugs-on-cruise case.

Sensex gains for 2nd day, rises 632 pts; Nifty holds 16,350; IT stocks lead

CLOSING BELL: Apollo Hospitals, Tech M, HDFC Life, Hero MotoCorp, IndusInd Bank, Bajaj Finance, Wipro, Infosys, L&T, HUL, and Bajaj Finserv zoomed over 2.5 per cent on the Nifty

Govt calls off BPCL privatisation process, will do 'comprehensive review'

Decision on restarting the process to be taken in due course post review