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  • Blackstone, ICICI Group and BPCL backed Fino Payments Bank Files For Rs 1,300 cr IPO; first by a profitable fintech firm Jul 31, 2021 05:23 PM IST

    Blackstone, ICICI Group and BPCL backed Fino Payments Bank Files For Rs 1,300 cr IPO; first by a profitable fintech firm

    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.

  • How Indian Olympic gold medallist MM Somaya also achieved corporate success Jul 23, 2021 08:35 PM IST

    How Indian Olympic gold medallist MM Somaya also achieved corporate success

    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.

  • India cabinet eases foreign investment rules to aid BPCL sale Jul 22, 2021 06:30 PM IST

    India cabinet eases foreign investment rules to aid BPCL sale

    India so far allows 49% foreign direct investment in state-run oil and gas companies.

  • Cabinet to approve 100% FDI in BPCL to boost divestment process Jul 22, 2021 11:22 AM IST

    Cabinet to approve 100% FDI in BPCL to boost divestment process

    Opening up FDI in the state-run company will broaden its bidder pool and improve chances of quick privatisation.

  • Can BPCL get domestically produced LPG after privatisation, govt seeks legal opinion Jul 11, 2021 05:08 PM IST

    Can BPCL get domestically produced LPG after privatisation, govt seeks legal opinion

    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.

  • Oil marketing companies raise ATF prices by nearly 3% to Rs 65,908 per kl in Delhi Jun 16, 2021 03:42 PM IST

    Oil marketing companies raise ATF prices by nearly 3% to Rs 65,908 per kl in Delhi

    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.

  • COVID-19 update | BPCL opens 200-bed hospital at Bina Refinery Jun 13, 2021 07:04 PM IST

    COVID-19 update | BPCL opens 200-bed hospital at Bina Refinery

    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.

  • Buy BPCL; target of Rs 570: Motilal Oswal May 31, 2021 12:34 PM IST

    Buy BPCL; target of Rs 570: Motilal Oswal

    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.

  • BPCL Consolidated March 2021 Net Sales at Rs 76,679.85 crore, up 11.13% Y-o-Y May 28, 2021 02:15 PM IST

    BPCL Consolidated March 2021 Net Sales at Rs 76,679.85 crore, up 11.13% Y-o-Y

  • BPCL Standalone March 2021 Net Sales at Rs 76,882.32 crore, up 11.44% Y-o-Y May 28, 2021 01:55 PM IST

    BPCL Standalone March 2021 Net Sales at Rs 76,882.32 crore, up 11.44% Y-o-Y

  • Govt may allow 100% FDI in BPCL May 28, 2021 09:20 AM IST

    Govt may allow 100% FDI in BPCL

    BPCL FDI Investment: India's FDI rules current do not allow more than 49 percent investment in petroleum refining by a public sector unit.

  • Exclusive | BPCL privatisation may be further delayed over open offer to Petronet, IGL shareholders May 27, 2021 02:07 PM IST

    Exclusive | BPCL privatisation may be further delayed over open offer to Petronet, IGL shareholders

    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.

  • BPCL Consolidated March 2021 Net Sales at Rs 76,679.85 crore, up 11.13% Y-o-Y May 27, 2021 12:00 PM IST

    BPCL Consolidated March 2021 Net Sales at Rs 76,679.85 crore, up 11.13% Y-o-Y

  • BPCL Standalone March 2021 Net Sales at Rs 76,882.32 crore, up 11.44% Y-o-Y May 27, 2021 11:55 AM IST

    BPCL Standalone March 2021 Net Sales at Rs 76,882.32 crore, up 11.44% Y-o-Y

  • BPCL declares record Rs 12,581 crore dividend ahead of privatisation May 26, 2021 09:29 PM IST

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

    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.

  • BPCL may sell some stake in Indraprastha Gas, Petronet to shed promoter status May 25, 2021 12:34 PM IST

    BPCL may sell some stake in Indraprastha Gas, Petronet to shed promoter status

    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.

  • Kerala model: How India’s only oxygen surplus state is managing the crisis Apr 23, 2021 10:58 AM IST

    Kerala model: How India’s only oxygen surplus state is managing the crisis

    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.

  • IOC, BPCL to supply oxygen to hospitals in Delhi, Haryana, Punjab Apr 19, 2021 07:40 PM IST

    IOC, BPCL to supply oxygen to hospitals in Delhi, Haryana, Punjab

    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.

  • COVID-19 update | BPCL to supply medical oxygen to Kerala from Kochi Refinery Apr 15, 2021 11:01 PM IST

    COVID-19 update | BPCL to supply medical oxygen to Kerala from Kochi Refinery

    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.

  • Petroleum Minister Dharmendra Pradhan to hold review meet on ethanol blending programme timeline: Report Apr 08, 2021 02:10 PM IST

    Petroleum Minister Dharmendra Pradhan to hold review meet on ethanol blending programme timeline: Report

    Representatives of Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation are likely to attend the meeting.

  • Petrol, diesel consumption rises in March; ATF, LPG sales remain muted Apr 01, 2021 06:05 PM IST

    Petrol, diesel consumption rises in March; ATF, LPG sales remain muted

    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.

  • LPG price to see a drop of Rs 10 per cylinder from April 1 Mar 31, 2021 07:15 PM IST

    LPG price to see a drop of Rs 10 per cylinder from April 1

  • BPCL acquires Oman's 36.6% stake in Bina Refinery Mar 31, 2021 06:02 PM IST

    BPCL acquires Oman's 36.6% stake in Bina Refinery

    The deal for buying Oman’s stake comes at a time when the government is looking to offload its entire stake in BPCL.

  • Progress on BPCL privatisation multiple steps remains: Fitch Ratings Mar 19, 2021 01:42 PM IST

    Progress on BPCL privatisation multiple steps remains: Fitch Ratings

    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.

  • BPCL Trust sells shares worth Rs 5,525 crore Mar 10, 2021 02:58 PM IST

    BPCL Trust sells shares worth Rs 5,525 crore

    ICICI Prudential MF acquired shares worth Rs 608 crore in block deal.

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