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 ...
27 May, 2022, 12.17 AM IST
'Partial sale of government stake in BPCL may not work'The government has been reportedly toying with the idea of selling part of BPCL's stake when it restarts the divestment process as it would...
19 May, 2022, 12.15 AM IST
With just one bidder left, BPCL divestment scrapped"There were three bidders initially. But effectively there was just one bidder - Vedanta. After due diligence, the other two could not tie ...
18 May, 2022, 12.35 AM IST
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...
23 Feb, 2022, 09.53 AM IST
India expects participation of global oil majors in BPCL bidding: Oil minister Dharmendra PradhanHomegrown Vedanta and two international funds have shown initial interest in buying the government’s entire majority stake in BPCL. The gov...
21 Jan, 2021, 05.36 PM IST
Amid differences between FinMin and Dipam over target, stage set for big bang divestmentDipam, the government's disinvestment manager, believes that it was responsible only to achieve a target of Rs 1.2 lakh crore and blames Co...
31 Dec, 2020, 10.58 AM IST
Dipam to soon issue EoI for BPCL divestmentOfficials have earlier said that divestment of public sector enterprises, including Air India, which the government wants to execute at a f...
31 Jan, 2020, 09.24 AM IST
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.
31 Jan, 2020, 08.58 AM IST
BPCL, Air India, Concor divestments unlikely in FY20: Official"The effort is on, but it will take its own time," the official said, adding the processes take a while to get completed.
02 Jan, 2020, 10.34 AM IST
Govt may eye Rs 1.5 lakh crore divestment in FY21; BPCL, Concor sale likely in H1: SourcesSources told ET Now that the government may draw up a list of PSUs where stakes will be reduced below 51 per cent next year. The closure of...
26 Dec, 2019, 09.10 PM IST
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...
26 Dec, 2019, 11.16 AM IST
Analysts say D-Street will correct if govt delays BPCL sale to FY21Sale of BPCL was one of the key components of the divestment drive by the government in FY20.
24 Dec, 2019, 08.11 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
- Ordinance an option for HPCL, BPCL sale
The government is considering the option of seeking a review of the Supreme Court ruling on HPCL, BPCL divestment by a larger bench.
25 Sep, 2003, 12.42 AM IST
- Govt to sell part of BPCL stake through ADR/GDR
The government is planning to divest a part of its holding in BPCL through a global offering of ADRs and GDRs. The proposed issue will be o...
11 Dec, 2002, 02.05 AM IST
- CCD to consider plan to bar one PSU from bidding for other
The Cabinet Committee on Disinvestment, scheduled to meet on Saturday on strategic sale of Hindustan Petroleum and Bharat Petroleum, will a...
05 Sep, 2002, 05.52 PM IST
- DoD, oil min at loggerheads over BPCL, HPCL selloff
NEW DELHI: A fresh row has broken out between the Department of Disinvestment and the Union petroleum ministry over the disinvestment in HP...
03 Apr, 2002, 12.34 AM IST