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BPCL Q4 Review - Upping Our Faith In Privatisation: Motilal Oswal

Bharat Petroleum Corporation Ltd. posted better-than-estimated profitability, driven by better marketing volumes and refining/marketing margin, further aided by inventory gains.

The company made huge progress towards privatization in FY21, despite challenges posed by Covid-19, by streamlining its subsidiaries (divested its entire stake in Numaligarh Refinery Ltd., consolidated its stake in Bharat Oman Refineries Ltd., merged Bharat Gas Resources Ltd. with Bharat Petroleum) and sold off its trust shares.

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Motilal Oswal , Numaligarh Refinery Ltd , Bharat Petroleum Corporation Ltd , Bharat Petroleum , Bharat Gas Resources Ltd , Bharat Oman Refineries Ltd , Petroleum Corporation , Bharat Gas Resources , மோட்டிலால் ஒசுவள் , நுமழிககர் சுத்திகரிப்பு நிலையம் லிமிடெட் , பாரத் பெட்ரோலியம் நிறுவனம் லிமிடெட் , பாரத் பெட்ரோலியம் , பாரத் வாயு வளங்கள் லிமிடெட் , பாரத் ஓமான் சுத்திகரிப்பு நிலையங்கள் லிமிடெட் , பெட்ரோலியம் நிறுவனம் , பாரத் வாயு வளங்கள் ,

Stock in news: Future Retail, Mindtree, Piramal, IndusInd Bank, BPCL, RailTel, ONGC

Stock in news: Future Retail, Mindtree, Piramal, IndusInd Bank, BPCL, RailTel, ONGC
origin-businesstoday.intoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from origin-businesstoday.intoday.in Daily Mail and Mail on Sunday newspapers.

Kishore Biyani , Railtel Corporation Of India Ltd , Bharat Gas Resources Ltd , Indusind Bank , Delhi High Court , Indusind Bank Ltd At Ba , Railtel Corporation , Natural Gas Corporation , Edelweiss Group , Tata Communications , Mindtree Ltd , Piramal Enterprises , Constructions Ltd , Singapore Exchange , Future Retail , Emergency Arbitrator , Ind Bank , Indusind Bank Ltd , Edelweiss Wealth , Tel Corporation , India Ltd , கிஷோர் பியானி , ரெய்டல் நிறுவனம் ஆஃப் இந்தியா லிமிடெட் , பாரத் வாயு வளங்கள் லிமிடெட் , இந்துசின்த் வங்கி , டெல்ஹி உயர் நீதிமன்றம் ,

BPCL to merge Bharat Gas with itself- Business News

BPCL to merge Bharat Gas with itself- Business News
origin-businesstoday.intoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from origin-businesstoday.intoday.in Daily Mail and Mail on Sunday newspapers.

Bharat Petroleum Corporation Ltd , Bharat Gas Resources Ltd , பாரத் பெட்ரோலியம் நிறுவனம் லிமிடெட் , பாரத் வாயு வளங்கள் லிமிடெட் ,

Arun Kumar Singh takes over as Chairman of Indraprastha Gas Ltd

Arun Kumar Singh takes over as Chairman of Indraprastha Gas Ltd
He had earlier held the position of Chairman, IGL from October 2018 to January 2019.
Arun Kumar Singh, Director (Marketing), Bharat Petroleum Corporation Ltd. (BPCL), has taken over the additional responsibility as Chairman of Indraprastha Gas Limited (IGL). He replaces P.K. Gupta, Director (Human Resources), GAIL (India) Ltd., who has relinquished the charge upon completion of the two-year Chairmanship tenure of IGL by GAIL (India) Ltd. Arun Kumar Singh, a Mechanical Engineer from NIT Patna (formerly BCE, Patna), is Director (Marketing), BPCL apart from holding additional charge of Director (Refineries) in the company. He is also a Director on the Board of Bharat Gas Resources Ltd, a wholly owned Subsidiary of BPCL engaged in Natural Gas business. Additionally, he is on the Board of Bharat Oman Refineries Limited, a Subsidiary of BPCL engaged in Refining business. He is also serving on the Board of Petronet ....

National Capital Territory Of Delhi , Uttar Pradesh , Barun Kumar Singh , Muzaffarnagar Fatehpur , Karnal Kaithal , Board Of Bharat Gas Resources Ltd , Board Of Bharat Oman Refineries , India Ltd , Africa Australasia In Bharat Petroresources Ltd , Indraprastha Gas Limited , Bharat Petroleum Corporation Ltd , Oil Gas , Bharat Petroleum Corporation , Human Resources , Mechanical Engineer , Bharat Gas Resources Ltd , Natural Gas , Bharat Oman Refineries Limited , Business Units , Supply Chain Optimization , Bharat Petroresources Ltd , Compressed Natural Gas , Piped Natural Gas , National Capital Territory , Greater Noida , Spk Gupta ,

Privatization of  BPCL may not be over by FY21-end

Privatization of BPCL may not be over by FY21-end
File photo of a BPCL refinery in Mumbai. The sale of the government’s 52.98% stake in the company is expected to fetch around ₹45,000 crore.
(Reuters)
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The government’s plan to privatize Bharat Petroleum Corp. Ltd (BPCL) is unlikely to be completed by the end of the fiscal year because of the time required to get regulatory clearances for the transaction.
“It has to go to the Competition Commission of India, which will take some time. Since it is a listed company, the winner has to make an open offer, which will also take time. Regulatory requirements may delay the process even after receiving the financial bids. Everything is a well laid-out process, so nothing can be rushed through, a finance ministry official said on condition of anonymity. ....

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