The consolidated net profit of Rs 10,644.30 crore in April-June (first quarter of current 2023-24 fiscal year) compared to a net loss of Rs 6,147.94 crore in the same period last year, according to a company's filing with...
Despite Indian government's push to divest stake in several public enterprises, the Centre continues to miss its targets year after year. Some economists suggest that the plan has lost its sense of urgency
BPCL and other state-owned fuel retailers continue to hold prices but a fall in international oil prices has meant that they are now making healthy margins
In a stock exchange filing, IOC said its board will meet on July 7 "to consider raising of capital through Right Issue of equity shares to meet the capital expenditure plan for its various projects, subject to various...
Union Minister Dharmendra Pradhan visited the under-construction Bargarh 2G bio-refinery site in Odisha
BPCL imports a large volume of crude oil which is turned into fuel such as petrol and diesel at its three oil refineries at Mumbai, Bina in Madhya Pradesh and Kochi in Kerala
In a stock exchange filing, BPCL said its board at a meeting held on Wednesday "approved the proposal for raising capital up to an amount not exceeding Rs 18,000 crore. This capital will be raised by way of issue of equity...
According to stock exchange filings by the three fuel retailers, the losses were due to erosion in the marketing margin on petrol, diesel and domestic LPG
On June 10, the Federation of Indian Petroleum Industry (FIPI), which besides private fuel retailers also counts state-owned firms such as IOC, BPCL and HPCL...
The government had planned to sell its entire 52.98 per cent stake in Bharat Petroleum Corporation Ltd (BPCL) and invited Expressions of Interest (EoIs) from...
Net profit of Rs 2,130.53 crore was reported in the January-March period as compared with Rs 11,940.13 crore
The government had planned to sell its entire 52.98 per cent stake in Bharat Petroleum Corporation Ltd (BPCL) and invited Expression of Interest from bidders...
Seven companies had put in 21 bids for city gas licenses in five areas in states like Uttar Pradesh and West Bengal.
The partnership with BPCL will add momentum to EV adoption by expanding opportunities for intercity travel as the two entities will install EV chargers across...
The government is selling its entire 52.98 per cent stake in BPCL for which three expressions of interest (EoIs), including one from billionaire Anil...
At 10:21 am, Sensex was down 318 points or 0.51 per cent at 59,127, whereas Nifty declined 73 points to 17,709.
IOC, BPCL and HPCL - will incur a combined daily loss of around $65-70 million on the sale of petrol and diesel unless fuel prices are increased to cover the...
ONGC, Oil India Ltd, Indian Oil Corporation and Bharat Petroleum Corporation Ltd have invested in upstream oil and gas assets in Russia
The total dividend payout will be Rs 2,220.19 crore with a record date of March 22, the company said in a statement
CPSEs have been engaged in the manufacture of goods and provisions of services in almost all the important spheres of economic activity.
Major Indian oil companies such as ONGC, Oil India Limited (OIL), Indian Oil Corporation (IOC), and BPCL have invested in Russian energy projects, according to...
The two firms will first set up a substantial charging infrastructure at BPCL's existing petrol pumps and may subsequently broaden the collaboration to develop...
The 2022-23 Budget has projected a disinvestment target of Rs 65,000 crore for the next financial year. This is significantly lower than the estimated Rs 1.75...
The government is selling its entire 52.98 per cent stake in BPCL for which three expressions of interest (EoIs), including one from billionaire Anil...
In her last year’s budget speech, Finance Minister Nirmala Sithraman had announced that the government would be listing Life Insurance Corporation (LIC)...