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Total 21 results found. Search for [ BPCL privatisation bidders ]

Results 1 to 21 of 21
BusinessToday.In
December 2, 2020
Mining giant Vedanta had on November 18 confirmed putting an expression of interest (EoI) to buy out the government's 52.98% stake in the Bharat Petroleum Corporation Ltd (BPCL)


PTI
November 16, 2020
Reliance Industries, which was considered a potential bidder as BPCL would have added 22 per cent fuel market share to its fledgling retail business and made it the nation's number one oil refiner, did not put in an expression of interest


BusinessToday.In
September 30, 2020
BPCL stock price trades lower than 5, 20, 50, 100 and 200-day moving averages. Firm's market capitalisation stood at Rs 83,451 crore as of today's session


BusinessToday.In
September 30, 2020
In view of further requests received from the interested bidders and the prevailing situation arising out of COVID-19 pandemic, the last date for submission of EoIs is further extended, said BPCL


Reuters
September 30, 2020
The Indian government - looking to finance welfare schemes and bridge a fiscal deficit that has already topped the annual target - had aimed to raise $8 billion to $10 billion through the sale of its BPCL stake


Reuters
September 28, 2020
The government is targeting that sale of its 53.29% stake in BPCL in this fiscal year ending March 2021


PTI
September 24, 2020
The OERC's decision came in response to an application by the states lone bulk electricity supplier GRIDCO (Grid Corporation of Odisha) on August 21


Nevin John
September 22, 2020
The lower economic activities post the COVID-19 outbreak changed the financial position of global oil giants as most of them posted losses in the last quarter


BusinessToday.In
September 12, 2020
To calculate the petrol and diesel price for the day, base price, freight costs, excise duty, VAT, dealer commission and other costs are added


PTI
September 9, 2020
The rating incorporates weak petroleum product demand and gross refining margins (GRMs) in the near term, followed by a gradual recovery and strong marketing margins, reflecting BPCL's ability to reap some benefits from low oil prices


Nevin John
September 8, 2020
Employees allege that the government plans to give the right to review terms of 10-year service contracts to the company management after June 2020. They also fear that they will be denied retirement benefits if the company turns private


PTI
September 6, 2020
The government is selling its entire 52.98 per cent stake in India's second-largest fuel retailer and third-biggest oil refiner


Reuters
August 28, 2020
Since the new order was issued, state refiners have been inserting a clause in their import tenders on new rules restricting dealings with companies from countries sharing a border with India, the sources said and the tender documents show


Nevin John
March 16, 2020
BPCL's market value has tumbled about 24 per cent in the last one month to Rs 79,000 crore because of the coronavirus-induced crash in Indian stock market and dip in crude oil prices


Vivek Dubey
New Delhi, March 7, 2020
BPCL will give interested buyers access to around one-fourth of the fuel market share in the world's fastest-growing energy market and 14 per cent of India's oil refining capacity


PTI
February 16, 2020
BPCL operates four refineries in Mumbai, Kochi, Bina (Madhya Pradesh) and Numaligarh (Assam) with a combined capacity of 38.3 million tonnes per annum


PTI
February 2, 2020
The government currently holds 53.29% stake in BPCL, and at prevailing market prices the share sale would fetch about Rs 60,000 crore to the government


BusinessToday.In
New Delhi, November 27, 2019
Air India privatisation: The government is aiming to start the complete sale of the airline by March, Finance Minister Nirmala Sitharaman had stated earlier this month


PTI
New Delhi, November 25, 2019
The Cabinet Committee on Economic Affairs had on November 20 given a go-ahead for sale of govt's entire stake in BPCL, SCI, THDCIL and NEEPCO  to a strategic investor along with management control


BusinessToday.In
October 21, 2019
Stake sale in PSUs is top priority for the government in absence of which fiscal deficit is expected to widen in the next seven months.


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