Page 28 - Bpcl

Moody's places BPCL under review for downgrade over privatisation

Moody's rating action assumes that BPCL's status as a government-owned entity in India will continue until at least the conclusion of the proposed sale

Oil firms need 40% more ethanol than sugar mills' installed capacity

The gap is expected to be met by non-sugarcane sources like wheat and corn

BPCL conundrum: Govt sure of good returns, but says it's race against time

Govt officials and industry experts confident that the Centre's stake in BPCL can be sold at a premium of 20-30%

Land trouble in Kochi may hit govt's plan for strategic stake sale of BPCL

At least 25 unions have already called a nationwide strike protesting against the Centre's move to privatise BPCL

OIL, IOC may get Numaligarh refinery as govt 'wants to keep it' with a PSU

A major reason why the government kept NRL outside the strategic sale of BPCL was its importance to the Assam Accord

Lack of clarity over Numaligarh refinery, investments key concerns for BPCL

The high valuation is another reason for analysts to be cautious on the stock

The big push, finally

Strategic sale decision welcome; should have come earlier

'Selling family silver': CP(M) supports employees' strike against BPCL sale

The party said the strategic disinvestment of public sector enterprises was like 'selling the family silver to meet daily expenditure inevitably ruining the family'

Stake sale in BPCL, SCI, Concor to strengthen firms, boost growth: Ficci

The decision to undertake strategic disinvestment and transfer management control in entities like SCI, Concor, BPCL are welcome, Ficci said in a statement

Biggest privatisation drive: Here's how govt plans strategic sale of 5 PSUs

The Centre hopes that disinvestment proceeds will make up for some of the revenue shortfall that is expected this year

BPCL scales fresh 52-week high as Cabinet okays divestment, retreats later

Apart from BPCL, the Cabinet also approved divestment of its stake from Shipping Corp, THDC India, and NEEPCO, and most of its stake in Container Corporation of India (CONCOR).

BPCL most lucrative among govt's divestment candidates, say analysts

The company should get good suitors as it is sitting on good infrastructure and has a stable business outlook; the valuation seems attractive

Centre's strategic BPCL divestment may trigger bidding war among firms

The Centre on Wednesday decided to go for sale of its entire 53.29 per cent stake and transfer of management control in BPCL to a strategic buyer

Privatisation push: Cabinet approves strategic sale of BPCL, 4 other PSUs

Finance Minister Nirmala Sitharaman said privatisation of BPCL will be without the company's equity shareholding of 61.65% in Numaligarh Refinery in Assam

In biggest privatisation drive, govt to sell stake in BPCL, 4 other CPSEs

The management control will continue to be retained with the government after considering equity held by other state-run companies in the divested firm

Select PSUs rally on 'in-principle' nod for strategic disinvestment

Bharat Petroleum Corporation (BPCL) hit a new high of Rs 548, up 6 per cent.

BJP making India's best organisations hollow, selling them: Priyanka

Her attack comes days after Sitharaman reportedly said the government was looking to wrap up the sale of state-run Air India and oil refiner and marketer BPCL by March 2020

Cabinet panel to soon take up proposal to pare majority govt stake in PSUs

BPCL will be a key to achieving the divestment target, of which only Rs 17,364 crore is met so far

BPCL gains 4% on report that govt wants to wrap up stake sale by March 2020

The finance minister Nirmala Sitharaman has said that government stake sale in the company will be completed by March next year.

Govt to wrap up sale of Air India, BPCL by March 2020: Nirmala Sitharaman

The finance minister stated the strategic disinvestment of the two state-run companies is critical for the government to meet its disinvestment target of Rs 1 trillion for the current fiscal year