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Latest Articles in bharat petroleum
Bharat Petroleum Net Profit Zooms 168% In Fourth Quarter
The company's earnings per share were Rs 32.26 during the quarter under review against Rs 12.02 in the year-ago period
Read MoreBharat Petroleum Unveils Rs 49,000 Cr Petrochemical Expansion Project At Bina Refinery
The refinery expansion will meet the growing demand of petroleum products in central and northern India while also providing necessary feedstock to EC complex
Read MoreBPCL's Amalgamation Of Subsidiaries To Improve Synergies: Fitch
Bharat Oman Refineries Ltd (BORL) owns and operates a 7.8 million tonne a year refinery at Binar in Madhya Pradesh while Bharat Gas Resources Ltd (BGRL), formed in June 2018, holds BPCL's interests in the areas where it intends to build city-gas distribution (CGD) networks
Read MorePrivitisation Of Bharat Petroleum Corporation Ltd. Remains Due; Government In The "Wait & Watch" Mode Say Officials
Five of the six EoIs got have been removed and just one from Vedanta ltd. remains.
Read MoreWhat Has Derailed BPCL's Sale?
In the case of BPCL, the government ignored suggestions of following its time-tested policy of putting on block 26 per cent stake along with management control.
Read MoreFresh Hurdle In BPCL Disinvestment Plan
A global push toward green energy and pressure from investors to slash emissions is holding back companies from making large investments in fossil fuels.
Read MoreBank of Baroda And Bharat Petroleum Jointly Launches Contactless Debit Card
The customers can onboard the BPCL PetroBonus loyalty platform and accrue handsome loyalty points (Petromiles). This will earn them 10 PetroMiles on every fuel transaction worth INR 100, which they can redeem for Rewards through BPCL SmartDrive app.
Read MoreBharat Petroleum Appoints VRK Gupta As CFO
The designation of CFO is new to the sell-off bound state-owned company, as previously the head of the finance department has been designated as director, finance.
Read MoreTesting Times
The pandemic queered the pitch for India Inc in FY2020. And it’s going to test the mettle of corporates in the following fiscal as well
Read MoreIndia's Daily Gasoline Sales In February Rise 1.5% Y/Y, Diesel Sales Fall 5.3% - Prelim Data
Gasoline and gasoil prices in India have risen to record highs, mirroring global markets. Taxes account for about 61% of retail gasoline prices and about 56% of diesel prices.
Read MoreIndia's January Gasoil Sales Down 2.3% Year-On-Year, Gasoline Up 5.9%
Gasoline sales by the three state fuel retailers rose by 5.9% to 2.36 million tonnes last month
Read MoreIndia's December 1-15 Diesel Sales Down 5.2% Y/Y - Prelim Data
Diesel consumption, a key parameter linked to economic growth and which accounts for about 40% of overall refined fuel sales in India, fell to 2.8 million tonnes in the first half of the month.
Read MoreIndia's September Gasoline Sales Up 2% On Year, Diesel Down 7.3%
Gasoline sales by state retailers recovered to their level before the coronavirus pandemic for the first time since March, when India imposed curbs to contain it.
Read MoreBPCL Sale May Be Delayed Until Next Fiscal Year, Worsening Federal Deficit Woes
India's economy contracting by a record 23.9% in the June quarter due to COVID-19, a delayed sale of BPCL could hinder the government's ability to generate funds for stimulus efforts aimed at restoring growth.
Read MoreWhen Crisis Led to Tech Upgradation: The Story of Bharat Petroleum
The board and senior leadership were continuously monitoring the implementation and provided the much-needed support. The collaborative efforts with BPCL helped the Company and SAP to jointly design, devise and document many India-specific processes that were later useful in other projects that SAP executed in the oil industry and elsewhere within India.
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