Roadshows for BPCL’s strategic stake sale likely from tomorrow

Roadshows for BPCL’s strategic stake sale likely from tomorrow

Roadshows for state-run BPCL’s (Bharat Petroleum Corporation Limited) strategic stake sale is expected to begin on Friday, people aware of the development told CNBC-TV18. According to sources, roadshows for BPCL’s strategic stake sale is expected to be held in London, US cities, and Dubai.

BPCL to let LPG users pay by credit, debit cards soon

BPCL to let LPG users pay by credit, debit cards soon

State-owned oil marketing company Bharat Petroleum Corporation Limited (BPCL) has introduced point-of-sale (POS) machines with their distributors to enable consumers to use their credit or debit cards for the payment of LPG cylinders delivered to their homes.

BPCL: The goose that laid golden eggs

BPCL: The goose that laid golden eggs

In one of the stories in Aesop’s Fables, a villager and his wife owned a hen that laid a golden egg every day. They presumed that the hen must contain a great lump of gold in its womb, and in order to get the gold, they killed her.

BPCL gets NOC to set up petrol pump near upcoming toll plaza

BPCL gets NOC to set up petrol pump near upcoming toll plaza

The Petrol Pump Dealers Association, Punjab, in a letter addressed to Deputy Commissioner, Jalandhar, has raised objection over issuance of a no objection certificate (NOC) to Bharat Petroleum Corporation Limited (BPCL) for setting up a petrol pump on the NH-03 (old NH-70) near the upcoming Chuharwali toll plaza.

BPCL sale could help government achieve goal

BPCL sale could help government achieve goal

Notwithstanding the government’s stance on completing the privatisation of public sector Bharat Petroleum Corporation Ltd (BPCL) by March 2020, there is a fear that few companies, including global majors, would be willing to mobilise as much as Rs 1 lakh crore to complete the transaction.

Union cabinet may review BPCL sale proposal next week

Union cabinet may review BPCL sale proposal next week

India’s cabinet is expected to evaluate a proposal to sell the government’s stake in state-run Bharat Petroleum Corp (BPCL.NS) next week, a government source said. The Indian government plans to sell its entire 53.29% stake along with management control in BPCL for about $10 billion.

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