Page 15 - Bpcl

Stocks to Watch: Paytm, Star Health, Rel Cap, Ujjivan SFB, BPCL, telcos

Further consolidation seems likely, while telecom stocks may be in focus owing to the new DoT order on limiting SIMs per user

BPCL, Bina Refinery merger plan gets DIPAM go-ahead

The merger is likely to bring synergy in terms of raising the operational and financial efficiency of BPCL, including crude oil procurement, and the working capital requirements

Dentist, CAs among five independent directors appointed by Bharat Petroleum

They have been inducted on to the company's board effective November 12, will hold office for three years

Explained: Why does India fail to attract foreign investments in oil & gas?

The scenario reflects the larger uncertainties in global fossil fuel investments and India's whimsical policy environment

Government receives Rs 6,665 crore dividend from BPCL for FY21

The government has received a final dividend of Rs 6,665 crore from privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) for the 2020-21 fiscal, DIPAM Secretary said on Wednesday. "Govt received final dividend of Rs 6,665 crore from BPCL for the FY 2020-21. This includes special dividend on account of gains especially on sale of BPCL's stake in Numaligarh Refinery in March 2021," DIPAM Secretary Tuhin Kanta Pandey tweeted. In March, BPCL had sold its entire 61.5 per cent stake in Numaligarh Refinery in Assam to a consortium of Oil India Ltd and Engineers India and the Assam government for Rs 9,876 crore. The government is selling its entire 52.98 per cent stake in BPCL. Vedanta Group and private equity firms Apollo Global and I Squared Capital's India unit Think Gas have put in an expression of interest for buying the government's stake. The government has already indicated that it expects to complete BPCL privatisation in the current fiscal. The sale is key to achieving th

BPCL disinvestment delayed as suitors strive for partners: Report

The massive price tag means bidders as well as the Indian government want a consortium with stronger technical and financial muscle for the transaction, the people said.

BPCL privatisation faces bigger obstacles than Air India sale. Here's why

BPCL privatisation faces bigger obstacles than Air India sale. Here's why

Reform fuel pricing

Govt must follow a transparent mechanism

Top headlines: fuel price hurts BPCL, Apple launches premium MacBook

The disinvestment of Bharat Petroleum Corp­oration may hit a fuel price hurdle, according to officials dealing with the matter. Read this and more in our top headlines of the day

BPCL privatisation likely to face a bump on rising fuel prices in India

A major chunk of the auto fuel price in the country consists of state and central taxes

After AI, govt to disinvest BPCL, float LIC IPO by last quarter of FY22

Following the successful completion of Air India disinvestment, govt expects to carry out the divestment of BPCL in the current financial year

Air India disinvestment: Privatisation-bound BPCL, SCI can rally up to 15%

SpiceJet seems to be in a trading range, while Container Corporation of India is holding above its key support level

BPCL Privatisation: SEBI unlikely to exempt open offers for Petronet, IGL

India's capital market regulator is unlikely to give exemption to the company acquiring BPCL from making mandatory open offers for Petronet LNG Ltd and Indraprastha Gas

Improving business prospects, divestment make analysts bullish on PSU stks

In the last 10 years, though PSU stocks have gained ground, they have mostly been laggards at the bourses

Govt intends to complete BPCL disinvestment by March-end: Company chairman

Acquirer will have to make open offers to minority shareholders of Petronet LNG and IGL for 26% shares, costing new owner of BPCL another Rs 19,000 cr

Top headlines: Organised sector employment up in Q1; RIL eyes Glance

Business Standard brings you the top headlines on Monday

BPCL, SBI Card launch co-branded RuPay contactless credit card

Fuel retailer BPCL and SBI Card on Thursday announced the launch of a co-branded RuPay contactless credit card, offering fuel and other benefits. Bharat Petroleum Corporation Limited (BPCL) and SBI Card have joined hands to launch the 'BPCL SBI Card co-branded RuPay Contactless Credit Card', according to a joint release. The card will provide rewarding fuel savings and other benefits to the customers, it said. The card will offer 13X reward points on every Rs 100 spent on fuel purchases at BPCL petrol pumps and a 1 per cent fuel surcharge waiver on every transaction up to Rs 4,000, translating to 4.25 per cent value back. Cardholders will also get accelerated savings on other categories of spends, which include groceries, departmental stores, dining, and movies. They will get 5X reward points on every Rs 100 spent on groceries, departmental stores, movies, and dining, among others. Besides, the customers can earn 2,000 activation bonus reward points worth Rs 500 on payment of the

Kerala to kick-start India's ambitious green hydrogen mission

IOC confirms talks to set up two hydrogen production and refuelling stations

Stocks to watch: Nuvoco Vistas, BPCL, Yes Bank, Dish TV, VST Tillers, Infy

Mining major NMDC has slashed prices of lump ore and fines by Rs 1,000 per tonne

Rs 6-trillion monetisation plan: Modi govt's ambition in a minefield

Given the record of past blunders, under-achievements, vulnerabilities and the manifest influence of stigmatised capital, what India might get is yet another school for scandal, cautions T N Ninan