Business Standard

Page 8 - Bpcl

Land policy delay hurdle to Container Corporation sale, says panel

Railway ministry denies charge, says divestment planned for next year

Land policy delay hurdle to Container Corporation sale, says panel
Updated On : 22 Feb 2021 | 6:10 AM IST

Oil India led consortium to bid for BPCL's stake in Numaligarh Refinery

As part of a larger plan for disinvestment of Public Sector Undertakings, the government wants to privatise downstream oil refiner BPCL by the end of the first half of next financial year (2021-22)

Oil India led consortium to bid for BPCL's stake in Numaligarh Refinery
Updated On : 19 Feb 2021 | 11:51 AM IST

Engineers India, OIL to jointly bid for BPCL stake in Numaligarh Refinery

The refinery was incorporated on April 22, 1993 and has a 3 million tonnes per annum capacity. It is the largest customer of OIL's crude produced from its North Eastern fields

Engineers India, OIL to jointly bid for BPCL stake in Numaligarh Refinery
Updated On : 19 Feb 2021 | 2:06 AM IST

Engineers India and Oil India to bid for 61.6% stake in Numaligarh Refinery

The exact percentage of the stake of OIL and EIL will depend on the extent of right of first offer to be exercised by govt of Assam, which already holds 12.35% stake in NRL

Engineers India and Oil India to bid for 61.6% stake in Numaligarh Refinery
Updated On : 18 Feb 2021 | 8:44 PM IST

PM Narendra Modi hands over 'Made-In-India' Arjun battle tank to Army

PM launches BPCL's Rs 6K-cr petrochem complex in Kerala

PM Narendra Modi hands over 'Made-In-India' Arjun battle tank to Army
Updated On : 14 Feb 2021 | 11:22 PM IST

Govt is targeting to conclude BPCL privatisation in Q1FY22: DIPAM Secretary

The government has recei­ved three preliminary bids to buy controlling stake in the country's second-largest fuel retailer

Govt is targeting to conclude BPCL privatisation in Q1FY22: DIPAM Secretary
Updated On : 12 Feb 2021 | 12:10 AM IST

Stocks to watch: ITC, Magma Fincorp, Titan, National Fertilizers, BPCL, IGL

The government will sell 20 per cent of its stake in National Fertilizers through an offer for sale

Stocks to watch: ITC, Magma Fincorp, Titan, National Fertilizers, BPCL, IGL
Updated On : 11 Feb 2021 | 8:39 AM IST

BPCL to buy out Oman Oil's 36.62% stake in Bina refinery for Rs 2,400 cr

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Wednesday said it will buyout Oman Oil Company's shares in the Bina refinery project for about Rs 2,400 crore. BPCL holds a 63.68 per cent stake in Bharat Oman Refineries Ltd (BORL), which built and operates a 7.8 million tonne oil refinery at Bina in Madhya Pradesh. In a stock exchange filing, BPCL said it has "finalised commercial terms in connection with the purchase of the 88.86 crore equity shares of Bharat Oman Refineries Limited (BORL), constituting 36.62 per cent of the equity share capital from OQ S.A.0.C. (formerly known as Oman Oil Company S.A.0.C.) for a consideration of approx Rs 2,399.26 crore". The transaction, it said, is subject to the execution of the relevant transaction documentation and other conditions agreed upon among the parties. "Upon completion, BPCL will hold 100 per cent of the equity share capital in BORL," it said. On Tuesday, BPCL Director (Finance) N Vijayagopal had said that discussion

BPCL to buy out Oman Oil's 36.62% stake in Bina refinery for Rs 2,400 cr
Updated On : 11 Feb 2021 | 6:58 AM IST

Stocks to watch: Tata Steel, RIL, Voda Idea, BPCL, Wipro, Crompton Greaves

The Indian government has challenged in the Singapore High Court an international arbitration tribunal's verdict that overturned its demand for Rs 22,100 crore in back taxes from Vodafone Group Plc

Stocks to watch: Tata Steel, RIL, Voda Idea, BPCL, Wipro, Crompton Greaves
Updated On : 09 Feb 2021 | 8:46 AM IST

BPCL Q3 conolidated net dips 7.4% to Rs 1,901 cr, revenue up 1.8%

Board declares 160 per cent interim dividend

BPCL Q3 conolidated net dips 7.4% to Rs 1,901 cr, revenue up 1.8%
Updated On : 08 Feb 2021 | 10:41 PM IST

BPCL Q3 profit falls 7.3% to Rs 1,901 cr; announces interim dividend

The revenue from operations rose marginally year-on-year at Rs 87,292.62 crore

BPCL Q3 profit falls 7.3% to Rs 1,901 cr; announces interim dividend
Updated On : 08 Feb 2021 | 8:43 PM IST

Stocks to watch: BPCL, Britannia, PNB, Mrs Bectors Food, Divi's Labs, Affle

PNB plans to raise Rs 3,200 crore from share sale during the current quarter to enhance its capital base

Stocks to watch: BPCL, Britannia, PNB, Mrs Bectors Food, Divi's Labs, Affle
Updated On : 08 Feb 2021 | 8:40 AM IST

LIC IPO post Oct; BPCL, Air India stake sale by Sept: Divestment official

The initial public offering (IPO) of India's largest insurance company LIC is likely after October this year, a top official said on Tuesday

LIC IPO post Oct; BPCL, Air India stake sale by Sept: Divestment official
Updated On : 02 Feb 2021 | 5:22 PM IST

Petrol price remains same for 6th day at Rs 83.06 a ltr, diesel at Rs 76.48

Petrol prices in Mumbai stood at Rs 92.86 per litre -- the same as yesterday. In Chennai, petrol remained unchanged to sell at Rs 88.82

Petrol price remains same for 6th day at Rs 83.06 a ltr, diesel at Rs 76.48
Updated On : 02 Feb 2021 | 10:38 AM IST

BPCL, IRCTC: 5 PSU stocks to include in your portfolio ahead of Budget 2021

PSU stocks like IRCTC, BPCL, RCF, and RITES have not seen aggressive selling pressure. A small recovery may see a strong bullishness going forward

BPCL, IRCTC: 5 PSU stocks to include in your portfolio ahead of Budget 2021
Updated On : 29 Jan 2021 | 11:29 AM IST

SBI Cards growth nears pre-Covid level on higher spends, new card sourcing

Asset quality needs monitoring as Q3's gross NPA ratio of 4.5 per cent is higher than average

SBI Cards growth nears pre-Covid level on higher spends, new card sourcing
Updated On : 26 Jan 2021 | 1:27 AM IST

Wage revision clause in settlement proposal worries BPCL employees

Staffers fear the new owner of to-be-privatised firm will move to lower wages

Wage revision clause in settlement proposal worries BPCL employees
Updated On : 05 Jan 2021 | 6:08 AM IST

PSU presence in Rs 1-trillion club shrinks in 2020; index declines 18%

The companies that exited the trillion club are IOCL, NTPC, BPCL, and Coal India

PSU presence in Rs 1-trillion club shrinks in 2020; index declines 18%
Updated On : 25 Dec 2020 | 9:48 PM IST
Updated On : 21 Dec 2020 | 2:33 PM IST

Apollo Global, I Squared Capital rival Vedanta for buying stake in BPCL

Vedanta currently holds a controlling stake in Cairn Oil & Gas, India's largest private sector crude oil producer, and maybe the keenest to diversify into the refining business

Apollo Global, I Squared Capital rival Vedanta for buying stake in BPCL
Updated On : 18 Dec 2020 | 1:25 AM IST