Bpcl Privatisation

BPCL privatisation: Indian Oil, other PSUs not to be allowed to bid for state-run oil firm, hints Dharmendra Pradhan

BPCL will give buyers ready access to 14% of India's oil refining capacity and about one-fourth of the fuel marketing infrastructure in the world's fastest-growing energy market.

BPCL privatisation: IOC, other PSUs not to bid, hints Union Minister Dharmendra Pradhan

Oil Minister Dharmendra Pradhan on Thursday hinted that public sector firms such as Indian Oil Corporation (IOC) may not be allowed to bid for buying government stake in Bharat Petroleum Corporation Ltd (BPCL), for which a buyer may have to shell out as much as Rs 90,000 crore

Stake sale in BPCL, SCI, Concor to strengthen firms, bring in fresh investments: FICCI

Industry body FICCI on Thursday hailed the centre's go-ahead to the sale of its stake BPCL, SCI and Concor stating that the move would strengthen the performance of these companies and bring in fresh investments for both modernisation and expansion

BPCL, Shipping Corp of India shares hit 52-week high after privatisation move, pares gain later

Shares of Bharat Petroleum Corp Ltd (BPCL), Shipping Corp of India (SCI) and Container Corp of India (Concor) showed mixed trend on Thursday after the Cabinet approved the sale of government's stake in these companies

BPCL privatisation: Govt has no business to be in business, says Petroleum Minister Dharmendra Pradhan

Petroleum Minister Dharmendra Pradhan on Thursday said the government has "no business to be in business", and cited examples of telecom and aviation sectors where opening up had led to increased competition and price cuts to the benefit of consumers

BPCL privatisation: Saudi Aramco, Rosneft, ExxonMobil among global energy companies likely to bid for govt's stake in state-run oil firm

Privatisation of BPCL will not just shake up the fuel retailing sector long dominated by state-owned firms but also help meet at least a third of the government's Rs 1.05 lakh crore disinvestment target.

BPCL shares drop over 3% as govt clears way for privatisation of state-owned fuel retailer

Shares of BPCL fell over 3 percent on Monday after the government repealed the legislation that had nationalised the company