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After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1

IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…

PTI   


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BPCL Q3 net profit jumps 82% on higher refining, market margins

State-owned Bharat Petroleum Corporation Ltd (BPCL) on Monday reported an 82% jump in its December …

PTI   


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1 min read

BPCL bounces back with Rs. 8,501cr profit in July-Sep 2023 quarter

Bharat Petroleum Corporation Ltd (BPCL) on Friday reported a consolidated net profit for Q2 FY 23-2…

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BPCL swings to profit of ₹10,644 cr in Q1 aided by freeze on retail selling prices

The consolidated net profit of ₹ 10,644.30 crore in April-June (first quarter of current 2023-24 fi…

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ONGC to invest ₹1 lakh cr in energy transition, targets net-zero by 2038

Net-zero for a company means achieving a balance between the quantum of greenhouse gases it pla…

PTI   


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3 mins read

Saudi Aramco, Exxon Mobil and others plans have till July 31 to bid for 52% stake in BPCL

The deadline for submitting the Expressions of Interest (EoI) for 52.98 per cent stake in the BP…

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India may have to sell BPCL shares for less than the best price⁠ as the government needs money

The government needs money to stimulate the economy and tax collections are likely to be down.…

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1 min read

Govt invites bids for sale of BPCL

"The Government of India is proposing strategic disinvestment of its entire shareholding in BPCL co…

PTI   


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From Air India to BPCL to Container Corp ⁠— new ministers Scindia, Sonowal and others have nine months to execute key share sales

As new entrants like Jyotiraditya Scindia and Sarbananda Sonowal take charge of ministries, on…

Bhakti Makwana   


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Maha minister Raut condemns Centre's BPCL stake sale move

The Narendra Modi government on Saturday invitedexpressions of interest for the strategic sale of B…

PTI   


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3 mins read

Air India, BPCL investors will not get to fire employees says government department

In an interview with , the secretary of the Department of Investment and Public Asset Managemen…

PTI   


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Moody's reviews BPCL's rating for downgrade on government stake sale

New Delhi, Nov 26 () Moody's Investors Service on Tuesday said it has placed Bharat Petroleum Corp …

PTI   


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IMG clears BPCL sale bid documents, to be issued after ministerial group nod

BPCL operates four refineries in Mumbai (Maharashtra), Kochi (Kerala), Bina (Madhya Pradesh) and N…

PTI   


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1 min read

BPCL shares plunge 5% as major energy companies including RIL, Saudi Aramco and BP skip the race for stake sale

Shares of BPCL on the BSE plunged 4.9 per cent to touch an intra-day low of Rs 392.35 per shar…

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2 mins read

BPCL cooking gas customers will continue getting subsidy post privatisation but government will not reimburse the cost

Cooking gas customers may continue receiving subsidy into their bank accounts post privatisation of…

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

New Delhi, Nov 21 () Industry body Ficci on Thursday hailed the centre's go-ahead to the sale of it…

PTI   


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Bharat Petroleum reports 93% increase in its standalone net profit for April-June quarter

Bharat Petroleum Corporation Ltd (BPCL), the highlight among the host of state-run companies put on…

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Officers union opposes BPCL privatisation

New Delhi, Dec 9 () Officers union of blue-chip PSUs on Monday opposed the government's decision to…

PTI   


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Top stocks to watch — RIL, TCS, HCL Tech, Zee Entertainment, BPCL, Bharat Dynamics, HAL, Bharat Forge, and others

Indian stock-market indices are likely to start subdued on Friday, led by mixed cues from the globa…

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3 mins read

Crude oil crash might affect RIL-Aramco deal, BPCL divestment and much more

“The oil price crash has brought the major oil companies on its knees, the way in which we were …