Page 13 - Bpcl

Union Cabinet approves 100% FDI in PSU refiners to aid BPCL sale

Current FDI policy restricts FDI in oil PSUs to 49%; most bidders who have shown interest in acquiring BPCL have foreign investment

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Union Cabinet eases foreign investment rules to aid BPCL sale: Report

Union Cabinet has reportedly approved increase in FDI limit in the petroleum PSU to 100% from 49% currently

IOC, GAIL may buy shares if open offer for Petronet, IGL gets triggered

IOC, GAIL and ONGC may buy shares of Petronet LNG and Indraprastha Gas in the eventuality of an open offer getting triggered post privatisation of Bharat Petroleum Corporation Ltd (BPCL)

BPCL disinvestment process slows down due to pandemic, LIC IPO: Report

The disposal may only take place as soon as early next year rather than in 2020, one of the people said, asking not to be identified as the matter is private

Centre seeks legal opinion to let BPCL sell subsidised LPG after stake sale

Currently, BPCL has more than 8.4 crore domestic LPG customers, including 2.1 crore Ujjwala customers.

Getting a breather: High commodity costs give debt relief to PSUs

Combined net debt stood at Rs 6.83 trillion at the end of March 2021

BPCL's R&D centre bags 80 patents in 20 years; over 50 more pending

State-owned Bharat Petroleum Corporation Ltd (BPCL) has bagged as many as 80 national and international patents in the past two decades, and approvals for 53 more filings are pending, for various innovations including the world's cheapest and the fastest crude oil assaying tool BP Marrk. Its research and development (R&D) centre, located at a 68-acre sprawling campus at Greater Noida in Uttar Pradesh, has won 18 patents in the past 12 months alone. BPCL has an annual budget of Rs 80-100 crore for R&D. "Over the past two decades, we have won as many as 80 patents, and 53 more are pending for approvals. Between July last year and now, we have secured 18 patents," Arun Kumar Singh, director (refineries and marketing) at BPCL, told PTI on Sunday. One of the most notable patented innovations of the centre is BPMarrk, which is an intelligent tool for advanced assaying of crude oil that characterises and evaluates the crude at a fraction of the time taken by traditional assaying ...

BPCL begins doorstep delivery of diesel for customers in Haryana

Bharat Petroleum Corporation Ltd (BPCL) has started doorstep delivery of diesel in Haryana for customers seeking fuel as low as 20 litres

Cabinet note issued for 100% FDI in oil PSUs marked for disinvestment

Cabinet approval would facilitate privatisation of India's second biggest oil refiner Bharat Petroleum Corp Ltd.

Govt may raise foreign investment limit to aid BPCL sale: Report

If the cabinet clears the proposal, overseas funds would no longer need government approval to purchase a 100 per cent stake in state-run refiners cleared in-principle for disinvestment

BPCL's investors may see more gains: Here are two possible triggers

Likely approval of 100% FDI and further progress on disinvestment are potential triggers

BPCL privatisation: Govt may allow 100% FDI in divested refiners

This is an enabling provision required for privatisation of BPCL

Govt considering FDI policy tweak to facilitate privatisation of BPCL

The tweak might allow overseas investors to pick up a majority stake in India's second biggest oil refiner Bharat Petroleum Corp Ltd

BPCL says it has no intention to pare down stake in Petronet and IGL

BPCL holds 12.5 per cent of the shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 per cent stake in city gas retailer, IGL

BPCL may resume Iranian oil buying if no sanctions, needs concessions

India is the world's third largest oil consumer and importer

BPCL gains 4%, hits 52-week high on strong Q4 results, Rs 58/share dividend

The progress on divestment and response by potential bidders will be the key monitorable for the stock price performance, ICICI Securities said

Stocks to watch: BPCL, Burger King, Eicher Motors, Sun Pharma, Pfizer

BPCL's board has approved a final dividend of Rs 58 per share, which includes a one-time special dividend of Rs 35 per equity share

BPCL declares record Rs 12,581 cr dividend ahead of privatisation

Bharat Petroleum Corporation Ltd (BPCL) on Wednesday declared a record Rs 12,581 crore dividend, more than half of which will go to the government, ahead of the privatisation of the company.

Top headlines: Govt responds to WhatsApp's lawsuit; BPCL posts profit in Q4

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