BPCL

28 Feb

Collaboration of Hero MotoCorp and BPCL

editor0 CommentsBusiness, IndiaBPCL, HERO MOTOCORP

The world’s largest manufacturer of motorcycles and scooters Hero MotoCorp and a ‘Maharatna’ and a Fortune Global 500 Company Bharat Petroleum Corporation Limited (BPCL) have collaborated to set up charging infrastructure for two-wheeled electric vehicles (EVs) across the country. The two mega entities will first establish a substantial charging infrastructure at the existing nationwide energy station network and subsequently may broaden the collaboration to develop more synergies within the EV ecosystem and adjacent business verticals, thereby enabling prospects throughout the customer life cycle. First the charging stations will be setup across nine cities starting with Delhi and Bengaluru. The entire…

21 Jun

The sale of BPCL and Air India is picking up speed as the second wave of Covid subsides

editor0 CommentsBusinessAir india, BPCL, Covid-19

Despite fears that the sale of BPCL and Air India would be postponed until the next fiscal year, the Centre now hopes to finish the process this fiscal year as the second wave of the coronavirus fades. Officials said the financial bids will now be called in September, despite concerns that they could only be called in the fourth quarter. They said the Union cabinet would soon consider tweaking the foreign direct investment policy to allow 100 per cent ownership of a state-owned refinery by global players through the automatic route. The BPCL divestment that involves the sale of the…