Page 6 - Bpcl

BPCL says it has no intention to pare down stake in Petronet and IGL

BPCL holds 12.5 per cent of the shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 per cent stake in city gas retailer, IGL

BPCL may resume Iranian oil buying if no sanctions, needs concessions

India is the world's third largest oil consumer and importer

BPCL gains 4%, hits 52-week high on strong Q4 results, Rs 58/share dividend

The progress on divestment and response by potential bidders will be the key monitorable for the stock price performance, ICICI Securities said

Stocks to watch: BPCL, Burger King, Eicher Motors, Sun Pharma, Pfizer

BPCL's board has approved a final dividend of Rs 58 per share, which includes a one-time special dividend of Rs 35 per equity share

BPCL declares record Rs 12,581 cr dividend ahead of privatisation

Bharat Petroleum Corporation Ltd (BPCL) on Wednesday declared a record Rs 12,581 crore dividend, more than half of which will go to the government, ahead of the privatisation of the company.

Top headlines: Govt responds to WhatsApp's lawsuit; BPCL posts profit in Q4

Business Standard brings you top news of the evening

BPCL posts net profit of Rs 11,940 cr in Q4, to pay final dividend of Rs 58

Revenue from operations rose 21% to Rs 98,756 cr

Stocks to watch: HDFC, BPCL, Thermax, PNB Housing, Motherson Sumi

HDFC has said it will raise up to Rs 7,000 crore by issuing bonds on private placement basis

BPCL may sell some stake in IGL, Petronet to shed promoter status

BPCL is a promoter of 2 companies and since there is a change in ownership of the promoter firm, an open offer is triggered under Sebi (Substantial Acquisition of Shares and Takeovers) Regulations

2nd Covid wave delays AI, BPCL divestment timelines by a few months: Report

Worst outbreak of pandemic in India disrupted the timetable of scheduled activities, but the process may get back on track from Sept, say sources with direct knowledge of govt's privatisation plan

Indian oil refiners cut output, imports as pandemic hits demand

Several states across India are under lockdown as the coronavirus crisis showed scant sign of easing, with a seven-day average of new cases at a record high

Govt names new chairman of privatisation-bound Bharat Petroleum Corp

Government-headhunter PESB on Monday selected the next chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL), in signs that the privatisation of the state-owned oil refining and marketing firm may be delayed. The government had kept the position of chairman and managing director vacant after D Rajkumar retired in August last year. It was thought that the government wants the new management to be named after the new management takes over after the privatisation of BPCL. The newly revamped Public Enterprise Selection Board (PESB) on Monday interviewed prospective candidates and selected Arun Kumar Singh for the position, the headhunter said in a notice. Singh is currently Director (Marketing) of BPCL. PESB said it interviewed six candidates, including Singh. All other candidates interviewed were executive director level officers and none had board experience. "PESB recommended the following name for the post of Chairman & Managing Director, Bharat Petroleum ...

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

Govt expects no change in disinvestment proceeds

Indian oil refiners defer shutdowns as workers flee amid Covid resurgence

Bharat Petroleum and Indian Oil have deferred planned shutdowns due a shortage of contract workers.

Covid-19: BPCL to supply medical oxygen to Kerala from Kochi Refinery

State-owned Bharat Petroleum Corporation Ltd (BPCL) on Thursday said it will supply medical oxygen to Kerala from its Kochi Refinery to meet shortage of the same for critical patients of COVID-19.

Accenture to build for BPCL digital platform to track sales, distribution

Network will integrate real-time data from across BPCL's countrywide network of more than 18,000 fuel outlets

Numaligarh Refinery evaluates re-entering fuel retail biz via petrol pumps

Development follows govt's move to make BPCL shed stake in Assam Accord refinery (as NRL is popularly called). The stake was recently picked up by fellow PSUs Oil India and Engineers India

Privatisation-bound BPCL acquires OQ's stake in Bina refinery

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Wednesday said it has acquired partner OQ's entire stake in the Bina refinery project in Madhya Pradesh for Rs 2,400 crore.

Cabinet may soon take up extending subsidy to BPCL after privatisation

LPG customers of state-owned OMCs with less than Rs 10 lakh annual income get cash subsidy through direct benefit transfer in their bank accounts

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