Page 16 - Bpcl

Global oil majors may be joining race to acquire BPCL: Report

Industry sources said it was possible that one of the global oil majors or a Middle East oil producer may be teaming up with the investment funds already in race

OIL looks to liquidate short term debt raised for NRL buy in current fiscal

The push to liquidate debt will mean no more acquisition or fund raising being planned this year

India state fuel retailers' Aug 1-15 gasoil, gasoline sales drop m/m

Gasoline sales at 985,852 tonnes between Aug 1-15 were 4.93% lower compared with those between July 1-15

BPCL launches door-to-door delivery of diesel to meet growing demand

Bharat Petroleum Corporation Limited (BPCL) has launched door-to-door delivery of 'High Speed Diesel' to meet the growing demand.

No decision on stake sale in Petronet, Indraprastha Gas yet: BPCL

BPCL said no decision has yet been taken to sell its stake in Petronet LNG and Indraprastha Gas to help the company's owner avoid making an open offer for the two gas companies

BPCL consolidated Q1 net up 31% to Rs 2,873 cr, income up nearly 40%

GRM stood at $4.12 per barrel in Q1FY22 as against $0.39 per barrel a year ago

BPCL net profit drops 27% to Rs 1,502 cr in June quarter; sales up 77%

The profit was lower as a sharp movement in oil prices - from $19-20 per barrel to $40 - in April-June quarter of 2020 led to a spike in marketing margins

Air India, BPCL disinvestment to be completed this year: DIPAM Secretary

He said IDBI Bank's strategic disinvestment has also been set into motion with the Cabinet approval.

Govt will finish Air India, BPCL privatisation this fiscal: DIPAM Secretary

Shipping Corporation of India, Pawan Hans, Nilanchal Ispat Nigam among targets: Tuhin Kanta Pandey.

Privatisation-bound Bharat Petroleum appoints VRK Gupta as CFO

Vijayagopal retired on July 31 after an illustrious career of 34 years with the Maharatna company

Govt permits 100% FDI in oil & gas PSUs approved for disinvestment

"The above decision will take effect from the date of FEMA notification," an official statement said

Govt permits 100% FDI in oil PSUs approved for strategic disinvestment

The government on Thursday permitted 100 per cent foreign investment under the automatic route in oil and gas PSUs which have received in-principle approval for strategic disinvestment

BPCL, HPCL: Is it time to look at OMC stocks amid crude oil drop?

A breakout above Rs 2,160 may result in a sharp upside towards Rs 2,250 and Rs 2300 levels in Reliance Industries' stock

Stocks to watch: Zomato, RIL, SBI Card, Voda Idea, Airtel, BPCL, Biocon

Forty-one companies, including RIL, JSW Steel, SBI Card, YES Bank and Federal Bank will report their quarterly numbers today

3 stock ideas by Osho Krishan of Anand Rathi: Buy ONGC, BPCL, IOC

IOC closed on a strong note in the last session and is currently hovering between its short and medium exponential moving averages on the daily chart

Union Cabinet approves 100% FDI in PSU refiners to aid BPCL sale

Current FDI policy restricts FDI in oil PSUs to 49%; most bidders who have shown interest in acquiring BPCL have foreign investment

Top headlines: Zomato market debut on Friday; RBI to launch digital rupee

Business Standard brings you the top news stories of the evening

Union Cabinet eases foreign investment rules to aid BPCL sale: Report

Union Cabinet has reportedly approved increase in FDI limit in the petroleum PSU to 100% from 49% currently

IOC, GAIL may buy shares if open offer for Petronet, IGL gets triggered

IOC, GAIL and ONGC may buy shares of Petronet LNG and Indraprastha Gas in the eventuality of an open offer getting triggered post privatisation of Bharat Petroleum Corporation Ltd (BPCL)

BPCL disinvestment process slows down due to pandemic, LIC IPO: Report

The disposal may only take place as soon as early next year rather than in 2020, one of the people said, asking not to be identified as the matter is private