Tue, Nov 05, 2019
While the mandate of advisors is to come up with a fair valuation of BPCL, identify investors and close the deal, sources said they may also present two scenarios -- one where 53.29 per cent stake is sold to a strategic investor, and the other where a strategic investor will pick up half of this stake but take management control by virtue of having the largest shareholding.
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Fri, Jul 06, 2018
Shares of leading oil marketing companies such as IOC, HPCL, BPCL rallied by up to 5 per cent as US-China trade war fears weighed on global oil prices. IOC, HPCL, BPCL were the top gainers on Nifty index.
Wed, Mar 28, 2018
BPCL`s expansion is part of a national plan to spend $35 billion on petrochemical production in order to meet the expected increase in consumption of the chemicals for products including plastics, paints and adhesives. India currently only produces about 20 million tonnes a year of petrochemicals, less than the 40 million tonnes of demand expected for the 2017/18 financial year
Mon, Dec 26, 2016
In an attempt to achieve the government's vision of Digital India, mobile payments wallet company Ola Money on Monday announced its partnership with Bharat Petroleum Corporation Ltd (BPCL).
Fri, May 27, 2016
The broader NSE Nifty closed up 1.08% at 8,156.65.
Sun, May 01, 2016
After petrol and diesel, rates of non-subsidised cooking gas, non-PDS kerosene and aviation turbine fuel (ATF) were on Sunday raised in line with global trends.Petrol price was late last night hiked by Rs 1.06 a litre to Rs 62.19 per litre in Delhi and diesel by Rs 2.94 to Rs 50.95 a litre.
Wed, Apr 27, 2016
BORL is a joint venture company promoted by the BPCL along with Oman Oil Company Ltd.
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