Page 3 - Bharat Petroleum Corporation

Divestment delayed, but petchem plans on the track: Bharat Petroleum

The government's plan is to sell its entire 52.98 per cent stake in BPCL with the transfer of management control to a strategic buyer

BPCL privatisation: How long can govt afford to wait for the right suitor

Its sale has been delayed by two years. But the longer the wait, the lower its chances of getting a good valuation

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

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

Bharat Petroleum to invest Rs 1 trillion to become future-ready

India's second-largest fuel retailer is looking to create a 1,000 MW portfolio of renewable power generation capacity

Arun Kumar Singh takes charge as Chairman and MD of Bharat Petroleum

Bharat Petroleum Corporation Limited (BPCL), a 'Maharatna' and a Fortune Global 500 Company has announced the appointment of Arun Kumar Singh as the Chairman and Managing Director of the company and consequently he has taken charge yesterday.A Mechanical Engineer by qualification, Arun Kumar Singh was earlier Director (Marketing) on the Board of the company, holding additional charge of Director (Refineries) and Director (Finance).In his more than 36 years of experience in Oil & Gas industry, he has headed Business Units and Entities in BPCL such as Retail, LPG, Pipelines, Supply Chain Optimization, etc. He also held the position of President (Africa & Australasia) in Bharat PetroResources Ltd., a wholly owned Subsidiary of BPCL, engaged in exploration of Oil & Gas, largely overseas.He is also Chairman of Indraprastha Gas Ltd. a Joint Venture CGD Company, listed on Indian bourses. He is also a Director on the Board of Bharat Gas Resources Ltd., a wholly owned ...

Fitch says BPCL privatisation may get delayed for multiple reasons

Bidders are conducting due diligence, but uncertainty over the bidder consortiums and process complexity, including valuation, may lead to potential delays, says the ratings agency

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

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

OMCs pay 73% higher excise duty even as crude oil prices decline

The top four OMCs paid all-time high excise duty of Rs 2.87 trn in FY21, up from Rs 1.66 trn in FY20

Govt gives bidders data access for $7-billion Bharat Petroleum Sale

The government's 53% stake in the refiner is valued at about Rs 50,900 crore based on Friday's closing price

India's oil refiners eye more exports as Covid-19 outbreak hits demand

Indian Oil, Bharat Petroleum weighing the option of raising oil-product exports against cutting run rates.

Air India, BPCL sale may be delayed but will get completed by FY22

Govt expects no change in disinvestment proceeds

BPCL sells 54.16% stake in Numaligarh Refinery to Oil India; 4.4% to EIL

The sale of Numaligarh Refinery Ltd (NRL) clears the way for privatisation of India's second-largest fuel retailer

BPCL disinvestment process moving on well, to conclude by Sep-end: DIPAM

The government is selling its entire 52.98 per cent stake in BPCL in the nation's biggest privatisation till date

Govt expects global oil majors will join race for $6.5-bn BPCL sale

India seeks to boost spending to help Asia's third-biggest economy shake-off the pandemic-fueled downturn

Anil Agarwal eyeing Indian disinvestment program with a $10 bn war chest

Agarwal made a fortune buying state companies and fixing them up, building a metals and mining powerhouse under the umbrella of Vedanta Resources Ltd

Reliance Industries tops Fortune India-500 list second year in a row

Accounts for 7 per cent of cumulative revenues, 11 per cent of profits; ICICI Bank, L&T make it to top 10

BPCL Q2 net profit jumps 58% to Rs 2,589.52 cr due to lower expenses

The company expects year-on-year demand growth of petroleum products, like diesel and petrol, in the March quarter

Converting to a small finance bank is an option: Fino Payments Bank MD

RISHI GUPTA, managing director and chief executive officer, tells Raghu Mohan that if payments banks are allowed to give loans, the business model will be more sustainable