, BPCL

BPCL acquires OQ’s full stake in Bharat Oman Refineries Limited

BPCL acquires OQ’s full stake in Bharat Oman Refineries Limited

The second largest Indian Oil Marketing Maharatna Company states that with the acquisition of OQ’s entire stake, BPCL will establish full...Read More

Bharat Gas to merge with privatisation-bound BPCL

Bharat Gas to merge with privatisation-bound BPCL

The board of privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Monday approved the merger of its gas subsidiary, BGRL with i...Read More

Privatisation: BPCL is priced around USD 10.3 billion

Privatisation: BPCL is priced around USD 10.3 billion

The acquisition cost for BPCL as part of the privatisation process could be $6.9 billion to $10.3 billion.As per Credit Suisse, the inves...Read More

BPCL to sell Numaligarh Refinery stake for Rs 9,876 cr

BPCL to sell Numaligarh Refinery stake for Rs 9,876 cr

In keeping with the Assam Peace Accord, the government had decided to keep Numaligarh Refinery Ltd (NRL) in the public sector. As part of...Read More

OIL along with Engineers India Ltd bid for BPCL's stake in Numaligarh Refinery

OIL along with Engineers India Ltd bid for BPCL's stake in Numaligarh Refinery

Oil India Ltd (OIL), in consortium with Engineers India Ltd (EIL), have placed their bid for acquiring 61.65 per cent stake of Bharat Pet...Read More

Pawan Hans privatisation receives multiple bids

Pawan Hans privatisation receives multiple bids

The government has received multiple preliminary bids for strategic sale of Pawan Hans, DIPAM Secretary Tuhin Kanta Pandey said on Thursd...Read More

'IOC, HPCL, BPCL and other OMCs at lower risks for their credit metrics'

'IOC, HPCL, BPCL and other OMCs at lower risks for their credit metrics'

India's oil marketing companies (OMC) -- Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleu...Read More

Targeting to conclude BPCL strategic sale by June: DIPAM Secy

Targeting to conclude BPCL strategic sale by June: DIPAM Secy

The government has received three preliminary bids for buying of controlling stake in India's second-largest fuel retailer Bharat Petrole...Read More

Healthy and delicious food for tribal students from Gadchiroli to be served through centralised kitchen by Tata Trust & BPCL

Healthy and delicious food for tribal students from Gadchiroli to be served through centralised kitchen by Tata Trust & BPCL

Nearly 4790 students from 11 Ashram Schools and 14 hostels in the Naxal affected Gadchiroli will be served delicious and healthy food dur...Read More

BPCL board approves buying out Oman Oil's stake in Bina refinery

BPCL board approves buying out Oman Oil's stake in Bina refinery

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Thursday said its board has approved buying out Oman Oil Company's stake i...Read More

BPCL board approves buying out Oman Oil's stake in Bina refinery

BPCL board approves buying out Oman Oil's stake in Bina refinery

The BPCL board at its meeting on Thursday also approved merging Bharat Gas Resources Ltd (BGRL) with itself, the company said in a filing...Read More

Entry of big Pvt equity players set to heat up BPCL takeover

Entry of big Pvt equity players set to heat up BPCL takeover

A heated competition is expected among all interested parties driving up valuation for the state-run refiner BPCL, say industry experts.

SBI Card, BPCL jointly launch credit card offering benefits to high fuel spending customers

SBI Card, BPCL jointly launch credit card offering benefits to high fuel spending customers

SBI Card on Tuesday announced launch of 'BPCL SBI Card Octane' in association with Bharat Petroleum Corporation Ltd (BPCL), offering maxi...Read More

BPCL bid evaluation meet on Tuesday; Vedanta, Apollo Global, I Squared Capital arm in race

BPCL bid evaluation meet on Tuesday; Vedanta, Apollo Global, I Squared Capital arm in race

Last week, an inter-ministerial meet was held to discuss the BPCL valuation process and setting of the reserve price.

Post-stake sale, BPCL's LPG business to be in new SBU; new owner to take call after 3 yrs

Post-stake sale, BPCL's LPG business to be in new SBU; new owner to take call after 3 yrs

Government subsidy will continue to be given to BPCL customers if the new owner chooses to retain the business after three years, the off...Read More

3 bids for BPCL, says Oil Minister Dharmendra Pradhan

3 bids for BPCL, says Oil Minister Dharmendra Pradhan

The government has received three preliminary bids for buying of controlling stake in India's second-largest fuel retailer Bharat Petrole...Read More

RIL tops Fortune 500 list of Indian companies, followed by IOC, ONGC, SBI, BPCL among others

RIL tops Fortune 500 list of Indian companies, followed by IOC, ONGC, SBI, BPCL among others

Oil-to-telecom conglomerate Reliance Industries Ltd topped the Fortune 500 list of Indian companies, Fortune India announced on Wednesday...Read More

LPG subsidy for BPCL consumers to continue post-privatisation: Pradhan

LPG subsidy for BPCL consumers to continue post-privatisation: Pradhan

"Subsidy on LPG is paid to consumers directly and not to any company. So the ownership of the company that sells LPG is not of any materi...Read More

Vedanta bid for BPCL surprises analysts

Vedanta bid for BPCL surprises analysts

Analysts are surprised at the Vedanta bid for BPCL and are posing the question as to how will Vedanta finance the acquisition given its o...Read More

BPCL privatisation: Bid closes on Monday, all eyes on Reliance

BPCL privatisation: Bid closes on Monday, all eyes on Reliance

The government, which is selling its entire 52.98 per cent stake in India's second largest oil refining and marketing company, had on fou...Read More

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