The government has for the third time extended the deadline for bidding for privatisation of India's second-biggest oil refiner Bharat Petroleum Corp Ltd (BPCL) by two months to September 30.
Equity benchmark indices advanced by 1.5 per cent on July 17 following heavy buying in energy and financial stocks.
Shares of oil and gas companies declined up to 15 per cent on Thursday with BPCL taking the biggest hit, as oil prices dropped nearly 6 per cent in global markets.
In another Public sector companies disinvestment drive, the government on Saturday invited bids to sell its entire 52.98 percent stake in India's second-biggest oil refiner Bharat Petroleum Corp Ltd (BPCL).
Buyers of loss-making airline Air India and oil firm Bharat Petroleum Corporation Ltd (BPCL) will not get a free hand to shed excess workforce as the government will build in certain protection to employees in the share sale agreement, DIPAM Secretary Tuhin Kanta Pandey said.
Over 6,000 people took part in the rally addressed by Gandhi, who arrived here after winding up his three-day Wayanad constituency visit. "I will always be with you in fight against wrongdoings of this government," said Gandhi.
Shares of Bharat Petroleum Corp Ltd (BPCL) and Shipping Corp of India (SCI) tumbled on Thursday after the Cabinet approved sale of government's stake in these companies.
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.
Addressing the media after the Cabinet meeting, Finance Minister Nirmala Sitharaman said that while the Centre will strategically disinvest Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI) and Container Corporation of India (CONCOR), it will sell its entire stake in THDC India Ltd and North Eastern Electric Power Corporation (NEEPCO) to another state-run power major, NTPC.
The Union Cabinet on Wednesday approved strategic disinvestment in Bharat Petroleum Corporation Limited (BPCL) along with transfer of management control, excluding stake in Numaligarh Refinery. The decision was announced by Finance Minister Nirmala Sitharaman today.
BPCL, the country's second-biggest state-owned oil refining and fuel marketing company, is betting big on gas business in anticipation of energy consumption basket undergoing change as focus shifts to cleaner sources.
BPCL Recruitment 2019: The Bharat Petroleum Corporation Limited (BPCL) will end the application process for the recruitment process for General Workman-B Trainee and Chemist Trainee posts tomorrow. Apply now on the official website bharatpetroleum.com.
At Friday's closing price of Rs 440.85 a share for GAIL on BSE, the stake is worth close to Rs 410 billion.
Fire-fighting operation has ended on Butcher Island off Mumbai's coast where a fire broke out at a fuel tank farm three days ago.
BPCL has cancelled the license of a petrol pump allotted to RJD chief Lalu Prasad's son and Bihar minister Tej Pratap Yadav.
Bharat Petroleum Corporation Ltd has served a show cause to Bihar minister Tej Pratap Yadav seeking his reply on a petrol pump allotted to him here by the company.
State-run oil marketers IOCL, BPCL and HPCL on Wednesday signed an agreement to build India's biggest oil refinery at a cost of nearly Rs 2 lakh crore on the west coast.
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