Ashok Sinha is Chairman and Managing Director, Bharat Petroleum Corporation Ltd. An electrical engg. and an alumnus of IIM Bangalore with 29 years of experience in the petrolium industries, he has received several awards, including the India CFO Award 2001 for Information and knowledge Management by the Economic Intelligence Unit (EIU) India and American Express.
At the time of Independence, Burma Shell had a dominant presence in India, with a market share of 67%. However, nationalization of oil majors was inevitable and Bharat Petroleum Corporation Limited (BPCL) was formed in 1976 consequent to the nationalization of the erstwhile Burma Shell Oil Storage and Distribution Company and Burma Shell Refineries. Constraints imposed by the government were aplenty and it was little surprise that the company�s share collapsed to a meager 15% of the market. After a period of three years of further decline and inaction, BPCL embarked on an effort to resurrect itself.
National Stock Exchange
NSE
Subscribe to:
Post Comments (Atom)
Posts
Silver September future is trading firm with a gain of over a percent at $ 18.790.
ReplyDeletePlatinum October contract has gained 0.5 percent at $ 1,065.
Gold December delivery is slightly up at $ 1,318 per ounce.
CapitalStars
Power Grid arm announces transmission system project Vindhyachal-V.
ReplyDeleteCapitalstars