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Bharat Petroleum News


Vedanta Confirms Submission Of Bid To Buy Entire 53% Stake In BPCL
On Wednesday, Vedanta Group confirmed putting in a preliminary expression of interest (EoI) for buying government's nearly percent stake in Bharat Petroleum Corp Ltd (BPCL). Vedanta's interest in the state-owned fuel retailer is because of synergies with its existing oil and ...
BPCL Shares Fall 5% As Major Players Skip Bidding Race
On Tuesday, shares of BPLC declined as much as 5 percent to Rs 392.10 after the bidding for a major stake in the company failed to attract supermajors Saudi Aramco, BP and Total or even Mukesh Ambani's Reliance Industries. Global ...
Govt Extends Deadline To Bid For Bharat Petroleum By 2 Months
For the third time, the government has extended the deadline inviting expressions of interest for its stake sale in Bharat Petroleum Corp Ltd (BPCL) to 30 September 2020. The extension has been provided in the light of the COVID-19 situation. ...
Bharat Petroleum Offers VRS To Employees Ahead Of Privatisation
State-owned Bharat Petroleum Corporation Limited (BPCL) has offered a voluntary retirement scheme to its employees ahead of the government privatising the country's third-biggest oil refiner and second-largest fuel retailer. The 'Bharat Petroleum Voluntary Retirement Scheme - 2020 (BPVRS-2020)' opened on 23 ...
Govt Invites Bids To Sell Entire Stake In Bharat Petroleum
On Saturday, the government invited bids for the sale of its entire 52.98 percent stake in the Bharat Petroleum Corporation Limited (BPCL). The Department of Investment and Public Asset Management (DIPAM) in a bid document has invited expressions of interest for ...
BPCL Shares Fall After Govt Approves Disinvestment Plan
Shares of Bharat Petroleum Corporation Limited (BPCL) declined as much as 3.2 percent on Thursday to Rs 527.30. On Wednesday, the Union Cabinet provided in-principle approval for the sale of 53.2 percent of the government's stake in the oil marketing company ...
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