Page 19 - Bpcl

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

BPCL looks at increasing diesel exports as domestic demand declines

BPCL will soon float tenders to seek term contracts for diesel exports

BPCL privatisation: No Cabinet decision yet on govt's disinvestment plans

It is being speculated that the Union Cabinet may take up a proposal to privatise BPCL as early as next week.

BPCL privatisation: Pradhan says competition could benefit consumers

It is being speculated that the Union Cabinet may take up a proposal to privatise BPCL as early as next week

BPCL stake sale may lead to reassessment of govt-OMC link: Ind-Ra

Traditionally, oil marketing companies (OMCs) have been used by the government to push its inclusive agenda, the latest being the dole out of free cooking gas (LPG) cylinders to poor women households

BPCL's Mozambique deal under govt scanner; yet to get approval: Report

Bharat PetroResources Ltd (BPRL), an exploration and production subsidiary of BPCL, had in August 2008 bought a 10 per cent stake in Area-1 Offshore of the Rovuma Block

ONGC contract workers' claim to BPCL arbitration appeal: Key court orders

The HC allowed ONGC's petition and quashed the notification. Appealing against the order, the ONGC Labour Union defended the notification in the SC

Top 10 biz headlines: Adani expansion plan, promotions at Wipro, and more

From Adani Group's plans to invest Rs 18,000 crore in airport business to Wipro promoting over 5,000 employees to check attrition rate, here are the top 10 business headlines on Monday

BPCL surges nearly 6% as reports say Saudi Aramco may bid for govt stake

On September 30, the group of secretaries on disinvestment gave its approval for to sell government's entire 53.29 per cent stake in BPCL, which is likely to be completed by March 31, 2020.

Cabinet likely to take up Bharat Petroleum stake sale issue by October-end

Cabinet note in this regard was floated for inter-ministerial consultation

Top 10 biz headlines: BPCL privatisation, IRCTC market debut, and more

From government planning to privatise BPCL to IRCTC making stock market debut, here are the top 10 business headlines on Monday

After 42% rally in 2 months, here's why analysts are now cautious on BPCL

Last week, international credit rating agency Moody's warned of downgrading Bharat Petroleum Corporation (BPCL) to Ba1, if the government goes ahead with privatisation.

Why BPCL's strategic sale does not need a Parliamentary approval

Privatisation of BPCL will not just shake up the fuel retailing sector long dominated by state-owned firms but also help meet at least a third of the government's Rs 1.05 trillion disinvestment target