Bpcl divestment news
WebHome > Business > Reuters > Report Government to privatise HPCL, BPCL: Shourie December 09, 2002 15:34 IST. The government will press ahead with its stalled privatisation programme and sell stakes in two refiners, Hindustan Petroleum Corp Ltd and Bharat Petroleum Corp Ltd, Divestment Minister Arun Shourie said on Monday.. Shourie told … WebJan 18, 2024 · Bharat Petroleum Corporation Ltd (BPCL) Amid allegations that uncertainty in the divestment process for almost two years has affected Bharat Petroleum Corporation’s (BPCL’s) investment plans, an executive of the state-run major said the delay has not hit the petrochemical expansion plans. The investments for expansion are …
Bpcl divestment news
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WebApr 22, 2024 · The government invited expression of interest from bidders in March 2024 from selling BPCL and by November 2024 at least three bids had come in. The central … WebMar 16, 2024 · The BPCL disinvestment plan was announced in the Union Budget 2024 The government had initially aimed to raise $8-$10 billion from selling its entire stake BPCL …
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WebMar 21, 2024 · The Central government is expecting the divestment of state-owned refiner Bharat Petroleum Corporation Ltd (BPCL) to net the exchequer over Rs 80,000 crore, based on a valuation at a significant premium to current prices, according to sources. WebDec 11, 2024 · BPCL Disinvestment: A big and exclusive news on BPCL disinvestment plans of the Narendra Modi government has just broken! The DIPAM has received tremendous response from the interested bidders …
WebFeb 16, 2024 · The Indian government had ambitious plans to sell its entire 53% stake in BPCL to private players in 2024-22, but delays have moved this target to 2024-23.
han solo backpackWebHome > Business > Business Headline > Report Oil PSU divestment: Unmaking of a sale BS Bureau in New Delhi September 17, 2003 12:48 IST The Supreme Court judgment directing the government to halt the divestment of Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd, and asking it to go back to Parliament to seek … chadwick construction lake in the hillsWebThe BPCL divestment will be through an IPO (initial public offering), but this will only give unbridled powers to the petroleum minister. After the government dilutes its holding, BPCL will no longer be subject to parliamentary oversight, or the Comptroller and Auditor General and Central Vigilance Commission -- it will be answerable only to ... chadwick consulting llcWebApr 5, 2024 · In December 2024, the India arm of Deloitte Touche Tohmatsu surprised many with its ultra-competitive bid to become the transaction advisor for the country’s largest strategic disinvestment in Bharat Petroleum Corporation (BPCL). The multinational major quoted just Rs 1; the second-highest bidder, SBI Caps, reportedly quoted Rs 15-17 crore. chadwick conference san diegoWebIn the last eight sessions, between 25 April and 8 May 2003, HPCL and BPCL have risen by 13% and 10.2% respectively. Dealers said the selling pressure was due to profit-booking after a recovery on Monday. They said that players feel that the divestment process will take its own time as the government faces many hurdles in its path. han solo beardWebDec 30, 2024 · The Centre expects to mop up nearly Rs 1 trillion from LIC's IPO. Enter the characters shown in the image. With the uncertainty looming over the privatisation of Bharat Petroleum Corporation Limited (BPCL), the government’s disinvestment target of Rs 1.75 trillion for FY22 is unlikely to be met. TO READ THE FULL STORY, SUBSCRIBE NOW … chadwick conference san diego 2023WebJul 22, 2024 · National carrier Air India, Shipping Corporation of India, and BPCL are some of the major disinvestments lined up for fiscal year 2024-22. The Union Cabinet is set to approve 100 percent foreign... han solo at stars end book