BHARAT OIL
Andhra govt, BPCL explore possibility of setting up Rs 70,000 cr petrochemical complex Andhra Pradesh Chief Minister N Chandrababu Naidu met with Bharat Petroleum Corporation Ltd officials to discuss establishing an oil refinery and petrochemical complex, potentially attracting investments of Rs 70,000 crore. Naidu emphasized the stat...
10 Jul, 2024, 09.50 PM ISTTruAlt Bioenergy secures Rs 390 crore 1G Bioethanol order from OMCs India's TruAlt Bioenergy has secured a Rs 390 crore order from major oil marketing companies for the supply of 6 crore liters of 1G Bioethanol over three months from August to October 2024. The company has secured 10% of the total allocated quantity...
10 Jul, 2024, 04.28 PM ISTIndia-Russia to push long-term arrangement for crude supplies at annual summit New Delhi and Moscow aim to establish a long-term arrangement for crude oil supplies during PM Narendra Modi's visit on July 8-9. The discussions have been sparked by the increase in Russian oil exports. The focus is on ensuring a consistent supply ...
09 Jul, 2024, 10.12 AM IST
Sensex@80,000: Fastest 10K-point rally in 139 days churns out 20 multibagger stocks Sensex hit 80,000, its fastest 10,000-point rally from 70,000 in history. In 139 days, 20 BSE500 stocks became multibaggers. Sensex first hit 10,000 in Feb 2006, took 463 days for 20,000, and another 2,318 days for 30,000 in April 2017.
03 Jul, 2024, 01.24 PM ISTATF price hiked 1.2% after a 6.5% cut seen in June Jet fuel prices saw a 1.2% hike on Monday, with Aviation Turbine Fuel (ATF) rising to Rs 96,148.38 per kl in Delhi, following a previous 6.5% reduction on June 1. In Mumbai, ATF reached Rs 89,908.30 per kl. Meanwhile, commercial LPG prices for hotel...
01 Jul, 2024, 04.59 PM ISTCorporate Watch: M&M, Tata Comm among 36 stocks in spotlight this week Welspun Enterprises and DJ Mediaprint declared dividends with ex-dates on July 5. Escorts Kubota also set July 5 as the ex-date for dividend issuance. Several other companies like Tide Water, SKF India, and Balaji Amines have dividend and ex-date an...
01 Jul, 2024, 09.58 AM IST3M India, M&M among 25 stocks that will trade ex-dividend this week. Do you own any? Dividends are distributed to shareholders whose names are listed in the company's records on the record date. With the adoption of the T+1 settlement system, the record date and ex-dividend date are usually identical, except when market holidays occ...
30 Jun, 2024, 10.43 AM ISTNCLT approves BPCL subsidiaries acquisiton of VoVL "The argument raised...that ROFR acts against there being a level playing field is equally fallacious. Being fully aware of the ROFR availbale to Bharat Petro and its implications PRIO submitted an offer for a commercial value that it believed would...
27 Jun, 2024, 07.52 PM ISTThese 5 energy stocks can give more than 18% returns in one year Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate ...
13 Jun, 2024, 04.55 PM ISTIndia eyes oil deals with nations including Russia, minister says Indian Oil Minister Hardeep Singh Puri announced Bharat Petroleum Corp's plan to build a new refinery. The nation aims to sign more oil import deals with countries, including Russia, at discounted rates. Prime Minister Narendra Modi seeks to provide...
11 Jun, 2024, 05.37 PM ISTBPCL plans to set up new refinery for Rs 50k cr The state-owned oil marketing company will invest around Rs 50,000 crore in the project for which it is currently evaluating locations in three states - Andhra Pradesh, Uttar Pradesh, and Gujarat, two industry officials aware of the development told...
11 Jun, 2024, 12.46 AM ISTBig electoral bond buyer Megha Engineering to sell city gas business Megha City Gas Distribution (MCGDPL), a wholly-owned subsidiary, has decided to consolidate operations and reached out to state-run Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Indraprastha Gas, among other players. It ventur...
27 May, 2024, 06.00 AM ISTOil companies fined for flouting board norms In separate filings, the companies detailed the fines for either not having the requisite number of independent directors or the mandated women director, but were quick to point out that appointments are done by government.
27 May, 2024, 05.45 AM ISTIndia has a rare request for Reliance & state refiners on Russia oil deal India has urged state-run oil refiners and Reliance Industries Ltd. to negotiate a long-term supply deal with Russia to shield the economy from volatile prices. While the government wants collaboration, Reliance's reluctance to share sensitive infor...
21 May, 2024, 02.54 PM ISTOil firms blamed for ethanol stock pile-up India's ethanol production capacity was about 13.80 billion litres per year in November 2023, of which 8.75 billion litres were molasses-based and about 5.05 billion litres grain-based, according to government data. The production capacity was about...
20 May, 2024, 12.23 AM ISTReliance seeks access to ATF pipelines, storages of PSU oil firms RIL aims to expand its market share in aviation turbine fuel (ATF) by accessing pipelines at major Indian airports like Delhi, Mumbai, Bengaluru, Hyderabad, Kochi, and Lucknow, competing with state-owned firms like Indian Oil Corporation (IOC), Bhar...
19 May, 2024, 09.36 PM ISTRailways stocks: Stay bullish, just hedge a bit to avoid mistake of selling in haste: 7 outperforming railways stocks across different segments Even the best of the rational brain can make wrong decisions when there is too much noise which gets created due to a narrative. Now for the last few days a narrative has been created that due to polls, FPI are selling. These kinds of narratives ten...
18 May, 2024, 03.32 PM ISTGet your portfolio ready for election results: Hedge the re-rated oil and gas sector stocks Right from power, railways, PSU banks, sectoral lenders to oil and gas there are many sectors which have made a comeback in the last 10 years. Comeback both in the real business sense, where the operating matrix and fundamentals of the sector have i...
15 May, 2024, 07.39 PM ISTIOC, BPCL, HPCL post Rs 81,000 cr record profit in FY24 The retailers have resisted calls to revert to daily price revision and pass on softening in rates to consumers on grounds that prices continue to be extremely volatile - rising on one day and falling on the other - and that they needed to recoup lo...
12 May, 2024, 11.21 AM ISTIOC, BPCL, HPCL post Rs 81,000 cr record profit in FY24 The retailers have resisted calls to revert to daily price revision and pass on softening in rates to consumers on grounds that prices continue to be extremely volatile - rising on one day and falling on the other - and that they needed to recoup lo...
12 May, 2024, 10.50 AM IST