Govt weighs selling part of BPCL instead of full stakeNew Delhi is considering inviting bids for a 20%-25% stake in BPCL, instead of an outright sale of its entire 52.98% holding, the two gover...
17 May, 2022, 08.17 PM IST
I Squared Capital drops out of BPCL raceI Squared Capital through its Indian arm, Think Gas was among the three suitors that had evinced interest in buying the government's near 5...
12 Nov, 2021, 01.37 PM IST
No decision on stake sale in Petronet, IGL yet: BPCLV R K Gupta, Chief Financial Officer, BPCL, said market regulator SEBI has not yet responded to an application made for exempting the new o...
13 Aug, 2021, 03.14 PM IST
BPCL climbs 3% as Vedanta, foreign players in race to buy govt stakeThe share price of BPCL has plunged by nearly a fourth since the time the strategic sale was approved in November last year.
19 Nov, 2020, 11.30 AM IST
Vedanta Group puts in expression of interest to buy government stake in fuel retailer BPCLThe government had at the close of bidding stated that "multiple" EoIs had been received. It, however, did not reveal the identity of the b...
19 Nov, 2020, 07.03 AM IST
BPCL stake sale gets multiple bids; RIL, Aramco skip race"Strategic disinvestment of BPCL progresses: Now moves to the second stage after multiple expressions of interest have been received," Fina...
17 Nov, 2020, 07.28 AM IST
BPCL stake sale: Saudi Aramco, Rosneft unlikely to bidRussia's Rosneft had expressed an interest in buying the federal government's 53.29% stake in Bharat Petroleum (BPCL) when its chief execut...
30 Sep, 2020, 06.42 PM IST
Govt extends BPCL bid deadline for the fourth timeThe government’s entire 52.98% stake in BPCL, including management control, has been put on the block.
30 Sep, 2020, 12.40 PM IST
Oil majors Rosneft, Saudi Aramco unlikely to bid for BPCL privatisationRussia's Rosneft had expressed interest in buying the government 53.29% stake in Bharat Petroleum (BPCL) when CEO Igor Sechin visited New D...
29 Sep, 2020, 10.52 PM IST
Government issues multiple clarifications on BPCL stake saleThe government said it will consider the consolidated net worth of a bidder including that of its parent if a bidder has placed the bid on ...
05 Sep, 2020, 11.09 AM IST
Government likely to invite EoI for stake sale in Air India, BPCL next month"Expression of Interest (EoI) inviting bids for stake sell in BPCL and Air India expected next month," the sources said. They, however, add...
20 Dec, 2019, 06.31 PM IST
Government appoints Deloitte as advisor for BPCL stake saleThe government approved the strategic disinvestment in BPCL last week, along with transfer of management control, but excluding the stake i...
28 Nov, 2019, 11.50 PM IST
Moody's warns BPCL of potential rating downgrade on government saleThe review for downgrade takes into account the uncertainty with respect to both the support incorporated into BPCL's rating as well as its...
26 Nov, 2019, 05.51 PM IST
BPCL privatisation could result in reassessment of govt-oil cos linkages: Ind-RaBPCL's stake sale is part of the govt's disinvestment target of Rs 1.05 lakh crore, which also includes divestment of other state-owned com...
05 Nov, 2019, 09.00 PM IST
Saudi Aramco interested in buying government's stake in BPCLThe Indian government is looking at selling its 53.29 per cent stake in BPCL to a strategic investor.
15 Oct, 2019, 02.42 PM IST
BPCL privatisation: Moody's warns of steep downgradeMoody's said the proposed stake sale in BPCL would remove the company's links and prompt bond redemption, a credit negative.
03 Oct, 2019, 08.19 PM IST
Buy BPCL, target Rs 466: Prabhudas LilladherBPCL stake sale will also remove the divestment overhang plaguing the PSUs.
06 Sep, 2019, 11.57 AM IST