Company Directory - Bharat Petroleum Corporation Limited
Company Details - Bharat Petroleum Corporation Limited

Bharat Petroleum Corporation Limited
WebsiteMumbai, India
ISIN: INE154A01028
Bharat Petroleum Corporation Limited (BPCL) is one of India’s major oil and gas companies. It is engaged in the refining, marketing, and distribution of petroleum products and plays a significant role in the country’s energy sector with a vast network of service stations and retail outlets.
CCI Score
CCI Score: Bharat Petroleum Corporation Limited
-28.50
0.02%
Latest Event
Political Funding Reforms and Corporate Contributions
The article examines the opaque mechanisms behind corporate political funding in India such as electoral bonds and electoral trusts. It questions the transparency of corporate donations and warns that non-disclosed funding channels facilitate quid pro quo arrangements between corporations and political parties. For a major energy player like Bharat Petroleum Corporation Limited (BPCL), involvement in such practices would raise serious concerns about complicity in undermining democratic processes and empowering authoritarian agendas.
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ACCOMPLICE
Bharat Petroleum Corporation Limited is currently rated as an Accomplice.
Latest Events
- MAY042024
The article examines the opaque mechanisms behind corporate political funding in India such as electoral bonds and electoral trusts. It questions the transparency of corporate donations and warns that non-disclosed funding channels facilitate quid pro quo arrangements between corporations and political parties. For a major energy player like Bharat Petroleum Corporation Limited (BPCL), involvement in such practices would raise serious concerns about complicity in undermining democratic processes and empowering authoritarian agendas.
-60
Political Contributions and Lobbying Efforts
March 23
The article highlights the risks associated with non-transparent corporate political contributions. The discussion of electoral bonds and alternative funding routes underscores how opaque donation mechanisms can be exploited to influence political outcomes. For BPCL, any engagement in such funding practices would reflect poorly on its commitment to democratic integrity and transparency, making it complicit in enabling authoritarian practices.
- JUL262020
Bharat Petroleum Corporation Limited introduced a voluntary retirement scheme amidst its privatization process, which critics argue undermines worker security and weakens labor rights by pressuring employees into early exits.
-40
Labor Relations and Human Rights Practices
March 23
The voluntary retirement scheme appears designed to expedite workforce reduction in anticipation of privatization, thereby eroding job security and worker protections. Although termed voluntary, in the context of impending privatization, the scheme can pressure employees into leaving, which undermines labor rights and aligns with corporate practices that favor cost-cutting over worker welfare.
- APR202020
A petition by a former BPCL employee alleging corruption and harassment was dismissed by the Bombay High Court, drawing attention to potential issues in BPCL's internal labor practices and treatment of whistleblowers.
-10
Labor Relations and Human Rights Practices
March 23
The Bombay High Court's dismissal of the petition, which was filed by a former employee alleging harassment and corruption, raises concerns about BPCL's internal labor practices and treatment of whistleblowers. While the court found insufficient evidence to proceed, the fact that such claims were brought forward suggests potential systemic issues in handling dissent and internal grievances, which is problematic from an anti-fascist and workers' rights perspective.
Bombay HC dismisses petition against BPCL by former employee
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Industries
- 324110
- Petroleum Refineries
- 424710
- Petroleum Bulk Stations and Terminals
- 486110
- Pipeline Transportation of Crude Oil
- 324190
- Other Petroleum and Coal Products Manufacturing
- 324120
- Natural Gas Extraction