KOCHI: Prime Minister Narendra modi on Sunday inaugurated a number of projects, including the Rs 6000 crore Derived Propylene Derived Petrochemical Project in BPCL Kochi refinery. The propylene derivatives petrochemical complex project will help generate 5,00,000 metric tons per year (MTPA) of propylene. Propylene is one of the main raw …
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According to one analyst, the short-term trend of the Nifty 50 index continues within the range with positive bias and a similar type of movement is expected in the next session. Nifty futures were trading 27.50 points up at 13,771.50 or the Singapore Stock Exchange, suggesting a positive open for …
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New Delhi: The government has received three preliminary offers to buy a majority stake in India’s second-largest fuel retailer, Bharat Petroleum Corporation Ltd (BPCL), Oil Minister Dharmendra Pradhan said on Wednesday. Oil mining conglomerate Vedanta confirmed on November 18 that it had submitted an expression of interest (EoI) to buy …
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New DelhiIndia’s Petroleum Minister Dharmendra Pradhan said on Wednesday that the privatization of state-owned Bharat Petroleum Corporation Ltd (BPCL) has received three preliminary offers. In a webinar organized by Swarajya magazine, Pradhan said that there was a lot of interest in BPCL and that the Department of Investment and Public …
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Gasoline price on Saturday crossed ₹82 mark in Delhi and diesel surpassed ₹72 per liter after the eighth rate increase in the last nine days. The price of gasoline on Saturday rose by 24 paise per liter and diesel by 27 paise, as hopes of developing a vaccine led to …
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Vedanta Group, led by Anil Agarwal, said on Wednesday that it has filed an expression of interest (EoI) to buy the government’s 52.98 percent stake in Bharat Petroleum Corporation (BPCL). “Vedanta’s EoI for BPCL is to assess potential synergies with our current oil and gas business. The EoI is in …
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Vedanta Group confirmed on Wednesday that it had submitted a preliminary expression of interest (EoI) to buy the government’s stake in Bharat Petroleum Corp Ltd (BPCL). Vedanta’s interest in India’s second-largest fuel retailer is due to synergies with its current oil and gas business. The government is selling its entire …
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New Delhi: Vedanta Group confirmed on Wednesday having submitted a preliminary expression of interest (EoI) to buy the government’s nearly 53% stake in Bharat Petroleum Corp Ltd (BPCL), linked to the privatization. Vedanta’s interest in India’s second-largest fuel retailer is due to synergies with its current oil and gas business. …
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Shares of Bharat Petroleum fell almost 5 percent to 392.35 rupees each on the BSE. Shares of BPCL or Bharat Petroleum Corporation Limited fell nearly 5 percent on Tuesday, a day after the government said it received multiple offers for the privatization of the country’s second-largest fuel retailer. Shares of …
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National equity indices hit new all-time highs on Tuesday as positive news from Moderna Inc, that its Covid-19 vaccine has a 94.5 percent success rate, boosted investor sentiment. The indices broke their previous highs hit on November 14 during the one-hour Muhurat Trading special. Among top-tier indices, the S&P BSE …
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