{"id":295545,"date":"2019-10-09T12:44:10","date_gmt":"2019-10-09T07:14:10","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=295545"},"modified":"2019-10-09T12:44:10","modified_gmt":"2019-10-09T07:14:10","slug":"bpcl-shares-drop-over-4-pc-co-loses-over-rs-5300-crore-in-m-cap","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-shares-drop-over-4-pc-co-loses-over-rs-5300-crore-in-m-cap\/","title":{"rendered":"BPCL shares drop over 4 pc; co loses over Rs 5,300 crore in m-cap"},"content":{"rendered":"<p>New Delhi, Oct 7 () Shares of fuel retailer BPCL fell over 4 per cent on Monday after reports that the government has cleared the way for its privatisation.<br \/>\nOn the BSE, the stock declined 4.80 per cent to close at Rs 490.45.<\/p>\n<p>The stock fell 5.17 per cent to settle at Rs 488.90 on the NSE.<\/p>\n<p>The company&#8217;s market capitalisation declined by about Rs 5,368.91 crore at Rs 1,06,391 crore.<\/p>\n<p>Ahead of a proposed move to fully privatise state-owned fuel retailer Bharat Petroleum Corp Ltd (BPCL), the government has repealed the legislation that had nationalised the company, doing away with the need to seek Parliament nod before selling it off to private and foreign firms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi, Oct 7 () Shares of fuel retailer BPCL fell over 4 per cent on Monday after reports that the government has cleared the way for its privatisation. On the BSE, the stock declined 4.80 per cent to close at Rs 490.45. The stock fell 5.17 per cent to settle at Rs 488.90 on the NSE. The company&#8217;s market capitalisation declined by about Rs 5,368.91 crore at Rs 1,06,391 crore. Ahead of a proposed move to fully privatise state-owned fuel retailer Bharat Petroleum Corp Ltd (BPCL), the government has repealed the legislation that had nationalised the company, doing away [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-295545","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=295545"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295545\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=295545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=295545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=295545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}