Centre Gets Good Response On Bharat Petroleum Stake Sale, No Extension To Bidding Deadline: Report
Business | Edited by Sandeep Singh (with inputs from agencies) | Monday November 16, 2020
BPCL Stake Sale: Bidding will take place in two stages. Qualified bidders in the first round will be asked to make a financial bid in the second round.
Government Extends Deadline For Initial Bids To Buy BPCL
Business | Reuters | Wednesday September 30, 2020
Government said on Wednesday it has extended the deadline for submitting initial bids to buy state-owned Bharat Petroleum Corp Ltd to November 16.
Centre Extends Bid Submission Deadline For Bharat Petroleum To September 30
Business | Reuters | Thursday July 30, 2020
The deadline was extended "in view of further requests from the interested bidders and the prevailing situation arising out of COVID-19," the ministry said.
Budget 2020 May Push Medium Term Fiscal Policy Target To 2022-23: Report
Business | Indo-Asian News Service | Monday January 20, 2020
The fiscal deficit for FY20 and its roadmap for FY21 could be heading towards a recalibration with the February Budget slated to hint at the targeted 3 per cent fiscal deficit for the next financial year be pushed to 2022-23, people associated with the developments said.
Budget Estimates From Disinvestment Likely To Be Rs 1 Lakh Crore: Report
Business | Indo-Asian News Service | Wednesday January 15, 2020
The Union Budget is likely to keep the disinvestment estimates at almost the same level as in the current fiscal, people in the know of the matter said.
State-Run Oil Companies Unions Oppose BPCL Disinvestment
Business | Press Trust of India | Sunday January 5, 2020
The two associations claimed that selling off BPCL will result in a loss, because it is valued at 9.75 lakh crore.
Expression Of Interest For Air India, BPCL Stake Sale Expected In January: Report
Business | Indo-Asian News Service | Friday December 20, 2019
Based on current market prices, the sale of stakes in these three firms will fetch the PM Modi government about Rs 78,400 crore.
Sensex Falls Over 90 Points Amid Volatile Trade, Nifty Moves Away From 12,000
Business | Edited by Sandeep Singh (with inputs from Reuters) | Thursday November 21, 2019
Domestic stock markets suffered losses after a positive start on Thursday amid volatile trade, following a two-day winning run. The S&P BSE Sensex index fell as much as 93.1 points to hit 40,558.54 on the downside, and the broader NSE Nifty index dropped to as low as 11,965.05, down 34.05 points from the previous close. Losses in financial, metal a...
Government To Trim Stake In Bharat Petroleum, 4 Other State-Run Companies
Business | Reuters | Thursday November 21, 2019
India has set a target of raising Rs 1.05 lakh crore ($14.6 billion) through the sale of state stakes in companies by March 2020. It has reached Rs 17,364 crore since April by selling minority stakes in government companies.
Cabinet Approves Sale Of Stakes In Bharat Petroleum, Other Public Sector Firms: Nirmala Sitharaman
Business | Press Trust of India | Wednesday November 20, 2019
The Cabinet approved sale of the entire government holding of 63.75 per cent in Shipping Corporation of India (SCI) and 30.9 per cent stake in Container Corp of India (Concor).
Stake Sale Of State-Run Firms May Be Put Before Cabinet By November: Report
Business | Indo-Asian News Service | Sunday October 6, 2019
Exit from BPCL and SCI and sale of 30% equity in Concor will help government mop up Rs 70,000-75,000 crore.
Government Planning Stake Sale in BPCL
Business | Press Trust of India | Friday July 24, 2015
At current trading price of Rs 963.50, a 3 per cent stake sale could fetch the government over Rs 2,090 crore.
Centre Gets Good Response On Bharat Petroleum Stake Sale, No Extension To Bidding Deadline: Report
Business | Edited by Sandeep Singh (with inputs from agencies) | Monday November 16, 2020
BPCL Stake Sale: Bidding will take place in two stages. Qualified bidders in the first round will be asked to make a financial bid in the second round.
Government Extends Deadline For Initial Bids To Buy BPCL
Business | Reuters | Wednesday September 30, 2020
Government said on Wednesday it has extended the deadline for submitting initial bids to buy state-owned Bharat Petroleum Corp Ltd to November 16.
Centre Extends Bid Submission Deadline For Bharat Petroleum To September 30
Business | Reuters | Thursday July 30, 2020
The deadline was extended "in view of further requests from the interested bidders and the prevailing situation arising out of COVID-19," the ministry said.
Budget 2020 May Push Medium Term Fiscal Policy Target To 2022-23: Report
Business | Indo-Asian News Service | Monday January 20, 2020
The fiscal deficit for FY20 and its roadmap for FY21 could be heading towards a recalibration with the February Budget slated to hint at the targeted 3 per cent fiscal deficit for the next financial year be pushed to 2022-23, people associated with the developments said.
Budget Estimates From Disinvestment Likely To Be Rs 1 Lakh Crore: Report
Business | Indo-Asian News Service | Wednesday January 15, 2020
The Union Budget is likely to keep the disinvestment estimates at almost the same level as in the current fiscal, people in the know of the matter said.
State-Run Oil Companies Unions Oppose BPCL Disinvestment
Business | Press Trust of India | Sunday January 5, 2020
The two associations claimed that selling off BPCL will result in a loss, because it is valued at 9.75 lakh crore.
Expression Of Interest For Air India, BPCL Stake Sale Expected In January: Report
Business | Indo-Asian News Service | Friday December 20, 2019
Based on current market prices, the sale of stakes in these three firms will fetch the PM Modi government about Rs 78,400 crore.
Sensex Falls Over 90 Points Amid Volatile Trade, Nifty Moves Away From 12,000
Business | Edited by Sandeep Singh (with inputs from Reuters) | Thursday November 21, 2019
Domestic stock markets suffered losses after a positive start on Thursday amid volatile trade, following a two-day winning run. The S&P BSE Sensex index fell as much as 93.1 points to hit 40,558.54 on the downside, and the broader NSE Nifty index dropped to as low as 11,965.05, down 34.05 points from the previous close. Losses in financial, metal a...
Government To Trim Stake In Bharat Petroleum, 4 Other State-Run Companies
Business | Reuters | Thursday November 21, 2019
India has set a target of raising Rs 1.05 lakh crore ($14.6 billion) through the sale of state stakes in companies by March 2020. It has reached Rs 17,364 crore since April by selling minority stakes in government companies.
Cabinet Approves Sale Of Stakes In Bharat Petroleum, Other Public Sector Firms: Nirmala Sitharaman
Business | Press Trust of India | Wednesday November 20, 2019
The Cabinet approved sale of the entire government holding of 63.75 per cent in Shipping Corporation of India (SCI) and 30.9 per cent stake in Container Corp of India (Concor).
Stake Sale Of State-Run Firms May Be Put Before Cabinet By November: Report
Business | Indo-Asian News Service | Sunday October 6, 2019
Exit from BPCL and SCI and sale of 30% equity in Concor will help government mop up Rs 70,000-75,000 crore.
Government Planning Stake Sale in BPCL
Business | Press Trust of India | Friday July 24, 2015
At current trading price of Rs 963.50, a 3 per cent stake sale could fetch the government over Rs 2,090 crore.
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