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 ...

Reliance Industries Ltd (RIL) has formally set in motion the process of spinning off its oil-to-chemical (O2C) business into a separate subsidiary and induct partners into the entity. It has come up ...

Saudi Aramco has indicated that it is doing a due diligence on picking up a stake in the oil-to-chemicals (O2C) business of Reliance Industries, which raises the prospects of some movement in the prop...

The fuel retail business in the country is set to face some competition with the petroleum ministry simplifying norms for bulk and retail sale of petrol and diesel. An entity with a net worth of at l...

The deadline to submit expressions of interest (EoIs) for PSU refiner BPCL has been extended for the third time till September 30. “In view of the further requests received from the interested ...

The privatisation of BPCL is expected to benefit from the growing forebodings among oil multinationals about investment in China in the wake of its failings to disclose the coronavirus pandemic. Besi...

Global giants such as Saudi Aramco, Exxon Mobil and India’s Reliance Industries are in the race to pick up the Centre’s 52.98 per cent stake in BPCL as the shares of the PSU jumped 12.65 p...

The Aramco deal is off — at least for now. Mukesh Ambani, the sixth richest man in the world, has seen everything go swimmingly well at a time every other industrialist has moaned about how the...

Reliance Industries (RIL) will use almost 75 per cent of the proceeds of its rights issue for the repayment of some of its borrowings, according to the offer document.The oil-to-telecom giant expects ...

 After hawking a little over 22 per cent of its digital services arm to foreign investors, Reliance Industries may be hungry for more given the rich valuations it has bagged.Analysts are not ruli...