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Oil marketing companies' FY24 combined profit rose over 25 times YoY
Updated : 2 years ago IST
According to the Ministry of Petroleum and Natural Gas, the combined profit of OMCs for FY 2023-24 stood at Rs 86,000 crore, over 25 times higher than the extraordinarily difficult previous fiscal year.
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Sensex-Nifty rally at opening bell, riding high on global market surge
Updated : 2 years ago IST
Among the Nifty companies, 29 were advancing while 21 were declining. Hindustan Unilever, Britannia, BPCL, ITC, and Coal India led the gains, while Bajaj-Auto, Power Grid, Cipla, Divi's Lab, and JSW Steel were the top decliners.
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Tripura govt imposes fuel rationing amid supply disruptions
Updated : 2 years ago IST
Retail outlets (R/Os) of Indian Oil Corporation Ltd (IOCL), Hindustan Petroleum Corporation Ltd (HPCL), and Bharat Petroleum Corporation Ltd (BPCL) will enforce the daily fuel allocation, like Rs 200 per day for two-wheelers and three-wheelers, Rs 500 per day for four-wheelers.
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Higher marketing margins led to over 4.8 times hike in FY24 net profit of
Updated : 2 years ago IST
Sources told ANI, "Three oil companies IOC, BPCL and HPCL has met a combined net profit of Rs 1.35 lac crores in FY 2023-24."
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Nifty sees modest gain, Sensex inches higher; Market sentiment remains cau
Updated : 2 years, 1 month ago IST
Among the Nifty companies, 24 saw advances while 25 faced declines. Grasim, Bharti Airtel, Nestle India, Maruti, and Tata Motors emerged as the top gainers, while Sun Pharma, BPCL, Reliance, Dr Reddy, and Hindalco were among the top losers.
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BPCL Secures 5th Spot in Business World Real 500: Leading the Change
Updated : 2 years, 2 months ago IST
Mumbai (Maharashtra) [India], March 20: Bharat Petroleum Corporation Limited (BPCL), a Maharatna and India's second-largest government-owned downstream oil producer, proudly announces its continued position as the 5th-ranked company in The Business World Real 500 List of 2024. This accomplis
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BW Group's LR1 tanker collides with BPCL's import mooring near India's Wes
Updated : 2 years, 2 months ago IST
According to S&P Global Commodity Insights, sources with direct knowledge of the matter confirmed the incident on Monday, reassuring that prompt remedial measures were underway.
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BPCL Hosts Compressed Biogas Workshop
Updated : 2 years, 2 months ago IST
Mumbai (Maharashtra)/ Bengaluru (Karnataka) [India], February 28: Bharat Petroleum Corporation Limited (BPCL), a leading Fortune 500 Maharatna Energy Conglomerate, in collaboration with the Ministry of Petroleum & Natural Gas, hosted a comprehensive workshop aimed at advancing the adopti
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Indian refiners prioritize petrochemicals expansion with focus on sustaina
Updated : 2 years, 3 months ago IST
According to S&P Global Commodity Insights (GCI), entities including BPCL, ONGC, HPCL, Reliance Industries, and Nayara Energy have committed substantial investments in petrochemical ventures, signaling a conscious effort to diversify their portfolios beyond traditional refining activitie
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Market dips: Sensex and Nifty close lower with mixed performance
Updated : 2 years, 4 months ago IST
BPCL, Tata Steel, Titan, ITC, and Maruti emerged as the top performers among Nifty companies, contributing significantly to the positive momentum whereas Divi's Lab, HCL Technology, NTPC, Wipro, and Infosys faced declines, reflecting the dynamic nature of the market.
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Centre receives Rs 2,413 crore as dividend from BPCL
Updated : 2 years, 4 months ago IST
A dividend is a reward companies often provide to their shareholders, though not mandatorily, from a portion of their earnings.
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Haryana government set to introduce city gas distribution policy
Updated : 2 years, 5 months ago IST
This strategic move aims to expedite the approval process for the installation of Gas (CNG/PNG) Pipelines within a specified timeframe. The policy is a proactive step towards streamlining procedures, ensuring efficient and timely permissions for advancing the development of gas infrastructur
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