The government has received three preliminary bids to buy a controlling stake in India’s second-largest fuel retailer Bharat Petroleum Corporation, oil minister Dharmendra Pradhan said at a webi...

The government is exploring various options in the BPCL stake sale exercise if no financial bids are received or if these are lower than the price that the government expects. Such a situation has ari...

All eyes would be on the bidders of state-owned refiner BPCL where the last date for the submission of expressions of interest is Monday, with the Centre making it clear it would not extend the date a...

The government plans to sell about a 15 per cent stake in Ircon International through an offer for sale of shares in the current fiscal even as the budget divestment target of Rs 2.1 lakh crore appear...

The Centre is unwilling to extend the deadline for the submission of expressions of interest for state-owned refiner BPCL as the Modi-government  struggles to meet its selloff target for the fisc...

The government has extended the deadline to bid for its entire 52.98 per cent stake in BPCL to November 16 and this virtually rules out the chances of the budgeted divestment target of being met this ...

The government will provide guidance on employee protection, asset stripping and business continuity in Bharat Petroleum Corp Ltd (BPCL) to potential acquirers of the company only at a later stage of ...

Bharat Petroleum Corp Ltd (BPCL) on Thursday reported nearly doubling of net profit in the June quarter after inventory gains offset a decline in refining margins and fuel sales. The standalone net p...

Global energy players are keen to pick up the government’s 52.98 per cent stake in BPCL, given the country’s projected fuel demand over the next few years. However, they are looking at cla...

The strategic sale of the  government’s 53 per cent stake in state-owned refiner BPCL is unlikely this fiscal, which can impact the Modi-government’s disinvestment targets.  Sen...