Jul 31, 2021 05:23 PM IST
Fino Payments Bank turned profitable in the fourth quarter of FY 20 and counts Airtel Payments Bank, Indian Post Payments Bank, Paytm Payment Bank, Jio Payments Bank & NSDL Payment Bank as its rivals.
- Jul 23, 2021 08:35 PM IST
M.M. Somaya, former India hockey captain, underwent training programs by institutions such as ISB Hyderabad, Wharton and Arthur D. Little, and became an executive director at BPCL. Aim high, don’t rest on your laurels is his message.
- Jul 22, 2021 06:30 PM IST
India so far allows 49% foreign direct investment in state-run oil and gas companies.
- Jul 22, 2021 11:22 AM IST
Opening up FDI in the state-run company will broaden its bidder pool and improve chances of quick privatisation.
- Jul 11, 2021 05:08 PM IST
Currently, BPCL has more than 8.4 crore domestic LPG customers, including 2.1 crore Ujjwala customers. The company does not produce enough LPG at its refineries to be able to cater to the requirement of all these.
- Jun 16, 2021 03:42 PM IST
Similar revisions came into effect in other metros. Jet fuel is now priced at 64,068.65 rupees per kl in Mumbai, 70,005.86 rupees in Kolkata and 67,519.93 rupees in Chennai.
- Jun 13, 2021 07:04 PM IST
The refinery in central Madhya Pradesh has also launched a vaccination camp to inoculate all frontline workers and their families apart from all contract workers for free.
- May 31, 2021 12:34 PM IST
Motilal Oswal is bullish on BPCL recommended buy rating on the stock with a target price of Rs 570 in its research report dated May 27, 2021.
- May 28, 2021 02:15 PM IST
- May 28, 2021 01:55 PM IST
- May 28, 2021 09:20 AM IST
BPCL FDI Investment: India's FDI rules current do not allow more than 49 percent investment in petroleum refining by a public sector unit.
- May 27, 2021 02:07 PM IST
SEBI norms require the winning bidder to make open offers to buy 26 percent stake in Petronet LNG and Indraprastha Gas, in which BPCL is a promoter. This can be avoided if BPCL sells its stake in these companies but that would take months.
- May 27, 2021 12:00 PM IST
- May 27, 2021 11:55 AM IST
- May 26, 2021 09:29 PM IST
The dividend works out to Rs 12,581.66 crore, including special dividend of Rs 7592.38 crore. The government, which is selling its entire 52.98 per cent stake in BPCL, will get Rs 6,665.76 crore plus dividend distribution tax.
- May 25, 2021 12:34 PM IST
BPCL holds 12.5 percent of shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 percent stake in city gas retailer, IGL. It is a promoter of both the listed companies and holds board positions.
- Apr 23, 2021 10:58 AM IST
Kerala has the distinction of being the only State with an oxygen surplus, so much so, that it has been sending supplies to Tamil Nadu, Goa and Karnataka as well. The State’s oxygen production is at 199 metric tonnes per day. Demand for Covid care in the State comes to 35 MTPD, while non-covid care requires around 45 MTPD.
- Apr 19, 2021 07:40 PM IST
In the face of a massive surge in demand for medical oxygen during the second wave of the pandemic, IOC has diverted the high-purity oxygen used in its Mono Ethylene Glycol (MEG) unit to produce medical-grade liquid oxygen at its Panipat refinery and petrochemical complex in Haryana.
- Apr 15, 2021 11:01 PM IST
Last year, the company had supplied around 25 tonnes of medical oxygen when the average daily cases had risen in October-November. The build-own-operate unit of Kochi Refinery has a provision to produce and store liquid oxygen of 99.7 per cent purity.
- Apr 08, 2021 02:10 PM IST
Representatives of Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation are likely to attend the meeting.
- Apr 01, 2021 06:05 PM IST
On April 1, petrol rates were seen at Rs. 90.56 a litre and diesel at Rs 80.87 a litre in the National Capital Region.
- Mar 31, 2021 07:15 PM IST
- Mar 31, 2021 06:02 PM IST
The deal for buying Oman’s stake comes at a time when the government is looking to offload its entire stake in BPCL.
- Mar 19, 2021 01:42 PM IST
The government is selling its entire 53.98 percent stake in India's second-largest fuel retailer Bharat Petroleum Corporation Ltd (BPCL). Three firms, including Vedanta Ltd, have evinced interest in buying the stake.
- Mar 10, 2021 02:58 PM IST
ICICI Prudential MF acquired shares worth Rs 608 crore in block deal.