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BPCL PRIVATISATION 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...- 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...
- Disinvestment fetches over Rs 4.20 lakh cr in 10 years but target to be missed again in FY24Big ticket privatisation plans such as that of Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI) and CONCOR are ...
- 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 says no bidder visits in Q3, privatisation may be pushed to next fiscalAt a conference call with analysts, BPCL Director-Finance V R K Gupta said the firm continues to update data for bidders in the fray for th...
- BPCL disinvestment: Top India asset sale delayed as suitors strive for partnersThe three suitors -- the Vedanta group, Apollo Global Management and I Squared Capital -- are talking to global energy giants and sovereign...
- Not much upside left in BPCL: Sandip Sabharwal"BPCL is not a disinvestment bet for me," says Sandip Sabharwal
- Why has privatisation of BPCL been such a hard sell so far?That is because we misread the energy tea leaves and chose to dress the bride at the worst possible time of global supply glut followed by ...
- 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...
- BPCL exec says privatisation will unlock value for companyThe government is targeting that sale of its 53.29% stake in BPCL in this fiscal year ending March 2021.
- Government privatising Public Sector Units, destroying jobs: Rahul Gandhi"Today, the country is facing many Modi government-manufactured disasters, among which is unnecessary privatisation. The youth need jobs bu...
- 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...
- Stocks in the news: YES Bank, JSW Steel, SRF, Bank of Baroda and Hero MotoHero MotoCorp will increase prices of its motorcycles by up to Rs 2,000 from January
- BPCL, Concor sale to bring $15-20 bn to fisc: Saurabh MukherjeaFinance Minister Nirmala Sitharaman is doing a stellar job under difficult circumstances.
- Privatisation good news for BPCL, bad news for 2 other oil retailing PSUs: Ajay SrivastavaPSU privatisation great for shareholders, govt must run a good process to get good value.
- Citigroup maintains buy on BPCL, raised target price to Rs 550Buy Bharat Petroleum Corporation Ltd. at a price target of Rs 550.0 .
- PSU privatisation plan still on courseThe outcome of cabinet committee on disinvestments (CCD) meeting on Friday has left many investors confused over the future of government's...
- 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...
- Selloff sends HPCL, BPCL on roller-coasterThe ongoing saga of the privatisation of Hindustan Petroleum and Bharat Petroleum has resulted in divergent results for different investors.
- 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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