BPCL gets Maharatna status

Indian Express, September 20, 2017

Bharat Petroleum Corporation Ltd (BPCL) has become eighth company to be conferred with the ‘Maharatna’ status by the government, according to the company statement. It will enhance BPCL’s financial autonomy and additional authorities with respect to manpower restructuring, it added.
The company recorded an all-time high net profit of Rs 8,039.30 crore in 2016-17, and its market capitalisation crossed Rs 1 lakh crore during the year.

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