Page 2 - Bharat Petroleum Corporation

NMDC's steel plant sale may fetch enterprise valuation of up to $4 bn

Lenders, shareholders meeting to demerge steel company on Tuesday

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

Private players seek govt intervention as fuel shortage rises in India

FIPI says companies are suffering a loss of Rs 20-25 a litre on diesel and Rs 14-18 a litre on petrol at present due to the non-revision of prices

Moody's upgrades BPCL outlook to 'stable' as govt calls off stake sale

The rating agency affirmed BPCL's Baa3 issuer rating reflecting its position as the second-largest state-owned refining and marketing company in India

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 .

BPCL extends losses into 3rd day as Centre calls off privatisation process

The government has called off the privatisation process of state-owned OMC for now after two of the three companies that had shown interest in acquiring the PSU withdrew their bids

BPCL privatisation hits hurdle, as only one bidder remains in fray: Report

Privatisation of BPCL, which was dubbed India's biggest ever, has been stalled with just one bidder left in the fray after two others walked out over issues such as lack of clarity in fuel pricing

Govt weighs selling part of BPCL instead of entire stake: Report

New Delhi is considering inviting bids for a 20%-25% stake in BPCL, instead of an outright sale of its entire 52.98% holding, say two government officials who declined to be named

Top Headlines: Govt's plan for e-vehicles; RIL's m-cap nears Rs 19-trn

India should keep the base price for 5G airwaves affordable, says Sunil Mittal. More on that in our top headlines this evening.

OMCs might require to further raise fuel prices: Fitch Ratings

Fitch cited that robust core refining margins as well as windfall inventory gains should allow OMCs to mitigate potential marketing losses in the near term

Explained: Why Bharat Petroleum Corp divestment is on the slow track

Delays in due diligence, policy opacity and now the Ukraine crisis have brought the process to a near-standstill

Amid record high prices, are industrial metals the new oil in India?

Data providers such as Reliance Jio, Airtel and large tech startups such as Flipkart, Paytm have yet to earn big profits, while metal giants are becoming important in an emerging low-carbon world

Indian shares fall as oil prices climb; banks, consumer companies weigh

State-controlled fuel retailers in India, which is the world's third-biggest consumer and importer of oil, will raise petrol and diesel pump prices for the first time since November

India to raise petrol, diesel prices after 4-month hiatus, say dealers

India's three state-run fuel retailers - Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp - dominate fuel retailing in India, and tend to move their prices together

Bharat Petroleum launches voice-based LPG booking, payment facility

BPCL is the first company in India to offer its service to consumers after the RBI Governor announced the launch of UPI 123PAY last week

India's February fuel demand rises, but soaring crude may slow uptick

While India has been on a recovery path until now, high oil prices at present could lead to some demand destruction, says an analyst

Hero MotoCorp joins hands with BPCL to set up charging infra for 2W EVs

As part of the collaboration, the two entities will first establish a substantial charging infrastructure at the existing nationwide energy station network

BPCL in talks with e-2w-makers to share outlets for charging stations

BPCL is planning to invest Rs 1,400 crore for four-wheeler EV facilities at 7,000 outlets

India's Feb first-half gas fuel sales pick up as Covid curbs are eased

Sales of gasoil, which account for about two-fifths of India's overall refined fuel consumption, are directly linked to industrial activity in Asia's third-largest economy

BPCL Q3 consolidated net rises 48% to Rs 2,805 cr, revenue rises by 35%

Company attributes strong show to normalisation of business and rising fuel demand