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BPCL DIVESTMENT NEWS
Modi govt may finally realise Rs 29,000 cr from divestment of this bank following RBI green signalThe Reserve Bank of India has reportedly given its 'fit and proper' approval on bidders for IDBI Bank ahead of the Union Budget 2024, excep...- Boosting oil & gas production, green H2 promotion on top of agendaOil minister Hardeep Puri emphasizes boosting domestic oil and gas production, promoting green hydrogen, and increasing ethanol use. State-...
- Will Budget 2024 care to sell family silver as privatisation drive flops?The government is likely to miss its divestment targets for the fifth consecutive year, raising concerns about its privatisation plans. Dat...
- Trying to revive the west coast refinery project: Hardeep Singh PuriThe proposal was to set up Asia's largest refinery with a 60 million tonnes per annum (MTPA) capacity in Ratnagiri, Maharashtra. The projec...
- Govt calls off present EOI process for BPCL divestmentFollowing the multiple waves of COVID-19 and the current geopolitical strife between Russia and Ukraine, the government has called off the ...
- BPCL stake sale: Investors seek clear policy directionThe Centre is planning to sell its entire 53% stake in BPCL. The Cabinet had cleared the strategic sale in November 2019. Expressions of in...
- Shipping Corp, BEML, BPCL among CPSEs to be privatised next fiscal year ; 3 IPOs lined upThe government will move ahead with strategic sale of Shipping Corporation, BEML and BPCL in the next financial year, besides initial publi...
- BPCL privatisation buzz, cut in firm's working capital make it stock pick of the weekDespite the pandemic disturbances, BPCL has more than doubled its net profit y-o-y during the first half of 2020-21. Lower capex guidance f...
- LIC IPO may not come this year, says report“Even if one is appointed now, it may take six to eight months for the valuation to be done, given huge land assets of the state-owned insu...
- Brokerages cheer BPCL’s Q1 show; valuation, demand worry someEmkay has a buy rating, Motilal Oswal maintained neutral rating and Morgan Stanley has retained overweight rating after the quarterly numbe...
- Hemang Jani is bullish on UPL, Trent and ABFRL. Here’s whyGiven the overall slowdown in the economy and the corporate sector, pathology labs sector is emerging as a space with a decent growth of ab...
- Dipam to soon issue EoI for BPCL divestment“BPCL is at a very advanced stage, the EOI will be issued very soon,” the official said.
- Earnings, global sentiment and flows are key triggers for market now: Hemang Jani, SharekhanAmong cues that we could be looking at for the next broader move of the market,earnings would be on top of mind. People would start talking...
- Stop hoping midcaps and smallcaps would revive now: Hemang Jani, SharekhanThe same set of companies which have shown some performance would continue to do well.
- Avoid metals in long term, go for India focused pharma cos: Sudip BandyopadhyayThe uncertainties on the back of the tariff war have not ended, says Inditrade Cap group chairman.
- Better to keep out of YES Bank and RBL now: Hemang JaniAmong the PSU stocks, BPCL definitely stands out, says the Sharekhan Senior VP.
- Undervalued PSUs may gain from govt rethink on divestment policyBSE PSU plunged 18 per cent in the last one year against 3.5 per cent decline of the Sensex.
- Today’s rise of PSU stocks good for traders, not investors: Kunj BansalGovt needs money as early as possible & it cannot wait for too long, says Kunj Bansal.
- Disinvestment Ministry gives details to AG for opinion on HPCLDisinvestment Minister Arun Shourie said that his ministry had furnished all the facts to Attorney General for getting his opinion on legal...
- Govt to decide on HPCL, BPCL sale planDivestment secretary Pradip Baijal on Thursday said that the government will decide within the next ten days, the privatisation strategy to...
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