Page 23 - Bpcl
Beyond Headlines: Govt must invest in small-gestation projects to expedite recovery
Many think that the Narendra Modi government has spent a lot this year, especially to mitigate issues faced by people in the wake of the coronavirus pandemic. But has it? It’s true that the government has announced stimulus packages to the tune of Rs 30 trillion. But if one were to make a comparison, the govt expenditure this year (till October-end) was roughly the same as last year. Given that expenditure was budgeted to be 13 per cent more this year, it is expected that the finance minister will spend more to expedite economic recovery. But where should she spend? Infrastructure, many say. Yes, of course the government should spend on infrastructure, but will that yield immediate benefits? Watch the video to learn more >
 "Beyond Headlines: Govt must invest in small-gestation projects to expedite recovery")
Apollo Global, I Squared Capital rival Vedanta for buying stake in BPCL
Vedanta currently holds a controlling stake in Cairn Oil & Gas, India's largest private sector crude oil producer, and maybe the keenest to diversify into the refining business
 "Apollo Global, I Squared Capital rival Vedanta for buying stake in BPCL")
BPCL board approves buying out Oman Oil's stake in Bina refinery
The board also approved a proposal to approach the Madhya Pradesh government for acquiring 2.69 crore warrants held by it in BORL
 "BPCL board approves buying out Oman Oil's stake in Bina refinery")
BPCL to consider buying 36.62% Oman firm stake in Bharat Oman Refineries
Proposes to merger Bharat Gas Resources with itself
 "BPCL to consider buying 36.62% Oman firm stake in Bharat Oman Refineries")
Top headlines: Farmers' protest, Air India bid, BPCL valuation, and more
Here are the top headlines on Tuesday morning
 "Top headlines: Farmers' protest, Air India bid, BPCL valuation, and more")
BPCL bid evaluation meet on Tuesday; Vedanta, Apollo Global in race
The Ministry of Petroleum and Natural Gas has been asked to give its views on the response and the process so far
Stock recommendations by Vaishali Parekh: Buy Hero MotoCorp, BPCL
The RSI has recently indicated a trend reversal and is on the rise to show strength in BPCL
 "Stock recommendations by Vaishali Parekh: Buy Hero MotoCorp, BPCL")
3 bids for India's second-biggest fuel retailer BPCL: Oil minister Pradhan
BPCL is India's sixth-largest company by turnover.
 "3 bids for India's second-biggest fuel retailer BPCL: Oil minister Pradhan")
Petrol consumption up 4.5 per cent, diesel down 7.3 per cent in November
The Indian basket crude oil touched $47.41 a barrel on November 26 as against average crude oil prices of $41 a barrel in the first fortnight of November this year
 "Petrol consumption up 4.5 per cent, diesel down 7.3 per cent in November")
Govt may give 'divested' PSU status to BPCL to save LPG customers' subsidy
BPCL has around 73 million LPG consumers, while Indian Oil has 134 million and HPCL around 78 million
 "Govt may give 'divested' PSU status to BPCL to save LPG customers' subsidy")
Light at the end of the tunnel for domestic oil marketing companies
Marketing margins to support earnings, while refining outlook can improve with vaccine launches driving global economic recovery
 "Light at the end of the tunnel for domestic oil marketing companies")
Buying jewel in the crown: BPCL a revenue churner, not a drain on finances
Unlike Air India, the winning bidder for BPCL can easily bank on this revenue churner to recover the cost of acquisition
 "Buying jewel in the crown: BPCL a revenue churner, not a drain on finances")
BPCL buy could pay for itself, but how will Vedanta secure funding: Report
Analysts highlight the doubts over Vedanta's ability to raise finances for such acquisition
Vedanta Group submits EOI to buy government's entire stake in BPCL
According to multiple sources, major players like Reliance Industries, Saudi Aramco, Rosneft and Exxon Mobil had shied away from the bidding process
 "Vedanta Group submits EOI to buy government's entire stake in BPCL")
Top headlines: Vedanta's EoI for govt stake in BPCL, Tesla enters S&P 500
Business Standard brings you the the top headlines of the day
 "Top headlines: Vedanta's EoI for govt stake in BPCL, Tesla enters S&P 500")
Vedanta puts in expression of interest to buy entire govt stake in BPCL
The government is selling its entire 52.98 per cent stake in BPCL and last date of putting EoI was November 16
Indices end at yet another peak, Sensex up 315 pts; BSE Midcap outperforms
All that happened in the markets today
 "Indices end at yet another peak, Sensex up 315 pts; BSE Midcap outperforms")
BPCL disinvestment gets going. Time to bet on OMCs? Here's what charts say
The formation of a "Death Cross" on BPCL has disrupted the upside bias lately. Here is how stocks of oil marketing companies look on the technical charts
 "BPCL disinvestment gets going. Time to bet on OMCs? Here's what charts say")
BPCL declines 5% amid profit booking after govt receives EoI for divestment
In the past one month, stock of the state-owned oil marketing company outperformed the market by surging 27 per cent as compared to a 10 per cent gain in the S&P BSE Sensex till Saturday
Top headlines: Indians boycott Chinese goods, govt targets 5-6 mn jobs
From Indians boycotting Chinese goods this Diwali to the Centre's aim of creating 5-6 million formal sector jobs, Business Standard brings you the top headlines of the day
 "Top headlines: Indians boycott Chinese goods, govt targets 5-6 mn jobs")