BPCL shares jump on plan to invest ₹5,000 cr at Kochi plant
State-owned BPCL to invest ₹5,044 crore for establishing a polypropylene production facility at the Kochi refinery in Kerala.
bharat petroleum company
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Oil prices jump 5% amid Israel-Gaza war
High crude oil prices will weaken the profitability of the three state-owned oil marketing companies in India, says Moody's.
Oil stocks up as govt cuts windfall tax on petroleum cude to zero
Levy on petrol, diesel, and aviation turbine fuel has been kept unchanged at zero
No takers for BPCL amid Covid, Ukraine war
A decision on the re-initiation of the strategic disinvestment process of the company will be taken in due course based on review of the situation, DIPAM says
BPCL shelves major petrochem project at Kochi
Increase in equipment and material cost affects viability of the ₹11,130-crore polyols project, says BPCL.
BPCL privatisation hit by ESG concerns, energy transition: DIPAM Secy
Even though the shortlisted bidders have got cold feet, the transaction advisers will persuade the bidders to come back to the bidding process.
What makes PSUs the jewels of Fortune India 500
Public sector companies, in many ways, are the true jewels of the 500 list, and prove to be the best bets for those who want to earn steady returns on investments in the form of equity dividends.
Meeting the govt’s ₹1.05 lakh crore sell-off target
The easiest way to meet or even exceed the disinvestment target is for the government to reduce its stake to 49% in various central public sector units.
RIL is top Indian firm on Fortune Global 500
Ranked 106, Reliance Industries has replaced IOC (117) as the top-ranked Indian company on the 2019 list. RIL’s revenue soared 32.1% from $62.3 billion in 2018 to $82.3 billion in 2019.
Fortune India 500: A year of churn at India Inc
The profitability of the Fortune India 500 companies declined 10.2% in FY18; despite that, the firms on the list were generous enough to raise total salaries by 10.2%.
