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Total 61 results found. Search for [ BPCL privatisation india ]

Results 1 to 21 of 61
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


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


Reuters
September 9, 2020
With government encouragement, Indian oil and gas companies are turning to investing in green energy such as renewables, biofuels and hydrogen to reduce the country's carbon footprint


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


PTI
September 5, 2020
A source with direct knowledge of the development said 'BPCL Trust for Investment in Shares' holds around 9.33 per cent stake of the company's paid-up share capital Of this, 2 per cent will be offered to employees at one-third the price of BPCL scrip


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


Reuters
August 20, 2020
India's Mangalore Refinery and Petrochemicals Ltd supplied Mauritius' full requirement for fuel for 12 years to 2018/19. In 2019/20 refined fuels were supplied by Petrochina and Vitol


Reuters
August 14, 2020
Privatisation-bound Bharat Petroleum Corp Ltd (BPCL) on Thursday reported nearly doubling of net profit in the June quarter after inventory gains offset a decline in refining margins and fuel sales


BusinessToday.In
July 21, 2020
Stock Market Highlights on July 21: ICICI Bank, followed by Maruti, Kotak Bank, Axis Bank, Power Grid and HDFC Bank were among the top gainers today, while Bajaj Finserv and ITC were the top laggards.


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