Share Market Update :BSE S&P Sensex closed 206 points higher at 40,883 and NSE Nifty50 ended 62 points higher at 12,055

The crisis in the Middle East is likely to delay BPCL sale as no petroleum giant would be ready to loosen their purse strings in a volatile situation

Share Market Update: Domestic indices followed global markets that traded in the negative on Monday amid escalation in tensions in the Middle East

The government plans to sell its majority stake in BPCL which can help it raise over Rs 70,000 crore. A senior Finance Ministry official had said this week that the sale might be deferred to the next fiscal

Share Market Update: BSE Sensex ended 17 points lower at 41,558 and Nifty closed 14 points higher at 12,260.

Corporates' debt dsitress has led to a mostly muted scene on India's corporate deal street this year, after a blockbuster 2018, while economic slowdown fears further came in the way for any significant merger and acquisition deals

Share Market Update: Domestic indices BSE Sensex and NSE Nifty traded on a bearish note and closed lower on Monday.

The tie-up will see RIL's 1,400 existing pump stations being ramped up to 5,500 over five years; it also will increase the lucrative aviation fuel stations from 30 to 45

Government is killing the duck that lays the golden egg by initiating the strategic sale of its PSU assets through its policies on privatisation, disinvestment, and strategic sale of Central Public Sectors: BMS

BEML, a mining equipment maker, has diversified into manufacturing of rail coaches and defence production that already accounts for almost half of its current topline

On pending compensation cess disbursal to states, FM Nirmala Sitharamam said that there is no review being done in the current structure

Share Market LIVE: Vedanta, Axis Bank, SBI, Hindalco and YES Bank were among the top gainers on Friday. Dr Reddy, Bharti Airtel, Kotak Bank, Zee Entertainment and Bajaj Auto were among the top losers in today's trade.

Aramco and Abu Dhabi National Oil Company (ADNOC) have been planning to jointly hold 50 per cent stake in the USD 44 billion refinery in Maharashtra

Thousands of workers have already protested the privatisation of BPCL, fearing job losses, as India plans to invite international energy firms to participate in the privatisations

The sales are seen as a way to plug a widening fiscal gap as New Delhi looks to revive a slowing economy

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

The share price of the country's second-biggest state oil refiner fell 2.49% to the day's low of Rs 494.5 against the previous close of Rs 507.15 on BSE

The success of PSU sales will depend on whether they are actually sold or picked up by another PSU

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

To meet its fiscal targets, the government is in a rush to divest its stake in state-owned firms. The pressure to sell has been building over the years with rise in expenses