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The cabinet had cleared a plan to sell 53.3% of its stake in Bharat Petroleum Corporation (BPCL) [citation needed] with the rest owned by Foreign Portfolio Investors (13.7%), Domestic Institutional Investors (12%), Insurance (8.24%) and the balance held by individual share holders. [23] But as of 2024, such a plan is said to be off the table. [24]
The company has acquired a 40 percent stake in an ultra-deepwater hydrocarbon block in Brazil for USD 1.6 billion after seeking approval from the Union Cabinet On July 27, 2022. The block is expected to start production by 2026-27. Brazil's national oil company Petrobras owns and operates it with a 60 percent interest. [6]
The NIFTY 50 index is a free float market capitalisation-weighted index.. Stocks are added to the index based on the following criteria: [1] Must have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations, for the basket size of Rs. 100 Million.
January 7, 2025 at 12:52 PM Crews prepare to search for Taylor Rodriguez, 29, who went missing while attempting to summit Mount Whitney in California's Sierra Nevada mountains.
The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any price changes that are not based on newly revealed information thus are inherently unpredictable. Others disagree and those with this viewpoint possess ...
After increasing the target interest rate 11 times from March 2022 to July 2023 in an effort to combat the highest inflation in ... Accessed December 12, 2024. Producer Price Index News ...
Brown snow fell in the Maine town of Rumford after a malfunction at a paper mill caused the release of spent black liquor.
The company was incorporated as a joint venture between Bharat Petroleum Corporation (BPCL) and Oman Oil Company Ltd (now OQ). Since 2021, it is a wholly owned subsidiary of BPCL. The Bina Refinery was commissioned in 11 May 2011 with an annual capacity of 6 million tonnes. The capacity of the refinery was further enhanced to 7.8 million tonnes ...