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MINISTRY OF PETROLEUM CPSE
Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSEChennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...- Prolonged war may hit Rs 75,000 crore dividend targetThe ongoing turmoil in West Asia casts a shadow over India's revenue streams. Soaring commodity prices may squeeze the profitability of sta...
- GeM facilitates transactions worth Rs 5.03 lakh crore in 2025-26Government e-Marketplace, GeM, saw transactions worth over Rs 5 lakh crore in fiscal 2025-26. This marks a slight decrease from the prior y...
- Govt approves upgradation of Numaligarh Refinery to Navratna CPSEFinance Minister Nirmala Sitharaman has approved the upgradation of Numaligarh Refinery Ltd (NRL) to Navratna CPSE status, making it the 27...
- CPSE capex up 33% by H1 of FY24, touches Rs 3.79 lakh croreThe capital expenditure by central public sector enterprises has already crossed 52% of their budget expenditure for the current financial ...
- Government of India elevated Oil India Limited to Maharatna categoryThe Finance Ministry has approved the upgradation of Oil India Ltd to the category of 'Maharatna', a move which will impart enhanced powers...
- Numaligarh Refinery upgraded to 'Schedule A' CPSENumaligarh Refinery Limited (NRL) has been upgraded from Schedule B to Schedule A by the Ministry of Petroleum and Natural Gas, recognizing...
- GAIL declares second interim dividend at 50% for FY22Based on the current shareholding of Government of India (51.45 per cent), dividend of Rs 1,142.29 crore shall be paid to the government an...
- Here are the key divestment and IPO announcements Nirmala Sitharaman made in her Budget 2021Nirmala Sitharaman said CPSEs in all but four sectors will be eventually privatised. It was also announced that the IPO of LIC will be brou...
- ONGC's plan to merge MRPL with HPCL may have to wait till FY24Sources said that the process of merging ONGC's two oil refining subsidiaries, Hindustan Petroleum Corp Ltd (HPCL) and Mangalore Refinery a...
- DIPAM may look at sale of smaller CPSEs to meet FY21 disinvestment targetAs the fallout of the pandemic has impacted stock market valuation of companies, an official said the Department of Investment and Public A...
- BPCL asset valuer asked to submit valuation of company in 50 daysThe CCEA had on November 20 given a go-ahead for sale of govt's entire stake in BPCL.
- FinMin plans next tranches of CPSE, Bharat 22 ETFs in Q4The CPSE ETF was launched for the first time in March 2014.
- HPCL doesn't recognise ONGC as promoter despite govt orderOil and Natural Gas Corp (ONGC) in January last year bought the government's entire 51.11 per cent stake in HPCL for Rs 36,915 crore.
- Reliance MF announces third FFO of CPSE ETFThis FFO3 is part of the GOI's overall disinvestment program, announced earlier by the DIPAM, Ministry of Finance, using the ETF route.
- Government kickstarts process to privatise Bharat Pump, Bridge&Roof"The strategic sale of Bharat Pumps and Compressors and Bridge and Roof will be through a two-stage auction process, which involves submitt...
- Finance ministry asks CPSEs to give 30% payout, issue bonus sharesThe move comes at a time when the government is looking to adhere to the fiscal deficit target amidst a massive shortfall in the disinvestm...
- Finance ministry calls bids for ETF advisorsThe department of disinvestment also sought applications for merchant bankers to manage its stake sale in petroleum exploring company Oil I...
- Government CPSEs to park 60% surplus funds with PSU banksThe government on Tuesday asked the central public sector enterprises to park at least 60 per cent of their over Rs 1,00,000 crore of surpl...
- FM for parking of surplus funds with PSBsFinance Minister P Chidambaram on Tuesday met heads of central public sector enterprises and is believed to have impressed upon them to par...
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