BPCL SBI Card OCTANE: India`s most rewarding premium fuel co-brand credit card launched

Designed to be India`s most rewarding premium fuel co-brand credit cardUpto 25X Reward Points spends for BPCL Fuel, Lubricants & Bharatgas spends (Website & App only)*Comprehensive card offering accelerated savings across other major spend categories Mumbai : SBI Card, India’s largest pure play credit card issuer, and Bharat Petroleum Corporation...

BPCL divestment bid ends today

New Delhi: The government, which is selling its entire 52.98 per cent stake in India’s second largest oil refining and marketing company, had on four occasions extended the date of putting in the preliminary expression of interest (EoI). The current deadline is November 16. Department of Investment and Public Asset...

Privatisation-bound BPCL postpones key expansion projects

New Delhi: Privatisation-bound PSU refiner Bharat Petroleum Corporation Ltd. (BPCL) has delayed expansion plans for its refinery projects, pending its share sell off programme that will see government completely exiting from the company and handing over its management to a strategic investor. BPCL has plans to expand its Bina refinery...

BPCL to offer stock options to employees

New Delhi: State-owned Bharat Petroleum Corp Ltd (BPCL) has offered its employees stock options at one-third of the market price as the company looks to reward staff ahead of its privatisation. The board of BPCL on Friday “approved the proposed Employee Stock Purchase Scheme (ESPS) to the specified employees through...

VRS offers to BPCL employees before privatization

New Delhi: Public sector company Bharat Petroleum Corporation Limited has come out with a voluntary retirement scheme (VRS) for its employees. The government is going to privatize the country’s third largest oil refinery and the second largest petroleum marketing company. Prior to privatization, the company has offered VRS to its...