The government is keen to close the sale before March 31, 2021, to help meet a record Rs 2.1 lakh crore target which Finance Minister Nirmala Sitharaman has set from divestment proceeds in the Budget for 2020-21.
Reliance Industries Ltd will give Rs 750 crore (Rs 7.5 billion) discount on LPG and kerosene to public sector petro retailers in 2005-06.
The government may retain oversubscription of the public offering of shares of India's largest carmaker, Maruti Udyog Ltd, a top divestment ministry official said on Tuesday.\n\n\n\n
Army XI, Bangalore, and South Central Railway, Secunderabad, entered the quarterfinals of the Bombay Gold Cup Hockey
State-owned Bharat Petroleum Corporation Ltd plans to foray into providing Direct-to-Home TV or content delivery to subscriber's homes using satellite.
Sameer Dad's goal gave Indian Airlines a 1-0 victory over Bharat Petroleum in the final.
The victory gave Indian Airlines a place in the semi-finals of the Shastri hockey tournament.
The Congress Party on Monday strongly opposed the government's decision to divest stake in Hindustan Petroleum Corporation and Bharat Petroleum Corporation saying that hydrocarbon is part and parcel of the strategic sector.
Eight Indian companies, including Reliance Industries, Bharti Tele-ventures and software giants Infosys and Wipro have made it to the Forbes A-List featuring 400 most attractive companies for investors.
In 16 days, petrol price has been hiked by Rs 8.3 per litre and diesel by Rs 9.46 - a record increase in rates of the fuel in any fortnight since pricing was deregulated in April 2002.
State-run gas utility GAIL India and state refiner Bharat Petroleum Corp Ltd have floated a joint venture company to supply piped natural gas for domestic and commercial use
Reliance Industries Ltd, India's largest private sector oil firm, has seen a 70 per cent drop in its diesel sales in July on pricing the fuel higher than public sector firms to cut losses.
Reliance Industries, the country's largest LPG producer, will be spared from footing the Rs 7,200 crore (Rs 72 billion) bill for the one year freeze in LPG and kerosene prices, despite rising cost.
Bharat Petroleum Corporation Ltd is looking at 600 to 800 strategic sites across the country for its retail outlets expansion, a top official of the company said on Wednesday.
The bonds will help oil marketing companies - IOC, HPCl, Bharat Petroleum and IBP Ltd - to cover their under-recoveries.
Petrol price cut by 50 paisa a litre; diesel by 46 paisa.
Sarthak Behuria on Tuesday took over as the chairman of Indian Oil Corp, the country's largest oil refining and marketing company.
Supreme Court on Friday issued notices to the Union government and public sector oil majors Hindustan Petroleum Corporation and Bharat Petroleum Corporation on a public interest litigation challenging the Centre's decision to privatise.
Bharat Petroleum Corporation Ltd, the second largest oil marketing company in India, on Wednesday said it would be pumping in Rs 450 crore (Rs 4.5 billion) for retail expansion during this fiscal.\n\n
The divestment of government holding in Bharat Petroleum Corporation and National Aluminium Company would be undertaken simultaneously in the Indian and American markets, according to Communications and Divestment Minister Arun Shourie.
Bharat Petroleum Corporation Ltd on Thursday announced a voluntary retirement scheme for eligible employees and the scheme would remain open till May 31.
Goals by Sabu Varkey and Hari Prasad gave Bharat Petroleum a 2-1 victory in the semi-final league of the Bombay Gold Cup hockey tournament.
Army XI, Bangalore, and holders Western Railway reached the semi-finals of the 44th Bombay Gold Cup Hockey
