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Total 71 results found. Search for [ BPCL privatisation india ]

Results 1 to 21 of 71
PTI
January 12, 2021
In a stock exchange filing, the company said its board will meet on January 15 to consider share buyback as also payment of interim dividend for the fiscal year ending March 2021


BusinessToday.In
January 3, 2021
Centre has appointed SBI Capital Markets as its Transaction Advisor to advise and manage the strategic disinvestment process; bids will have to be submitted by March 1


PTI
December 27, 2020
The Department of Investment and Public Asset Management (DIPAM), which manages government stake sale programmes, had kicked off the privatisation drive inviting preliminary bids for debt-laden Air India in January


PTI
December 27, 2020
The plan comes on the heels of online retailer Amazon India's move to deploy EVs for last-mile delivery. The company is reportedly in touch with Mahindra Electric and Kinetic Green for vehicle supplies


BusinessToday.In
December 27, 2020
Air India Employees Union said the existing medical scheme in Air India should be continued as it is for serving and retired employees


PTI
December 27, 2020
While Air India disinvestment is not likley to conclude by March 2021, the BPCL deal, coupled with privatisation of Shipping Corporation and CONCOR can push disinvestment proceeds to close to Rs 80,000 crore this fiscal.


BusinessToday.In
December 20, 2020
Government plans to sell entire 63.75 per cent stake in Shipping Corporation along with transfer of management control


PTI
December 15, 2020
On Tuesday, the panel will see transaction advisor Deloitte's report on the scrutiny of the three bids that were received at the close of bidding last month


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)


Dipak Mondal
New Delhi, November 25, 2020
The pandemic had put the brakes on the government's ambitious disinvestment plans for the fiscal. However, things have started picking up as businesses go back to normal and markets regain their appetite for buying assets. DIPAM Secretary Tuhin Kanta Pandey lays down the road ahead for the department


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


PTI
November 16, 2020
The government had extended the deadline for bids for BPCL, one of India's most profitable state-owned companies, as the pandemic delayed the process that was initially expected to be completed by October


BusinessToday.In
November 16, 2020
The asking price of close to $10 billion by the government for selling its entire 52.98 per cent stake may keep the energy giants away from bidding for a majority stake in the second largest oil refinery and marketing company in India


BusinessToday.In
November 16, 2020
The MIAL, also known as Chhatrapati Shivaji International Airport, has sought a reduction in interest rate for all loans and wanted additional term loans for the period ending March 2021


BusinessToday.In
October 26, 2020
A preliminary meeting would be held at NITI Aayog on Monday to identify more companies. The meeting would be held to assess which companies and assets are non-strategic in nature and can be pushed for sale in the next round


Nevin John
October 23, 2020
The government plans to conclude the bidding process in four major PSUs -- BPCL, Shipping Corporation (SCI), Container Corporation (Concor) and BEML -- by November last as the stock market is heading to break above pre-Covid levels


BusinessToday.In
September 30, 2020
The current account surplus surged to $19.8 billion or 3.9 per cent of GDP in the April-June quarter as merchandise imports fell amid the ongoing COVID-19 crisis


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


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


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