Company Directory

Company Directory

Company Directory - Bharat Petroleum Corporation Limited

Company Details - Bharat Petroleum Corporation Limited

Bharat Petroleum Corporation Limited Logo

Bharat Petroleum Corporation Limited

Website

Mumbai, India

NSE: BPCL, BSE: BPCL 

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.

Take Action

So what can you do? It's time to make tough choices. Where will you cast your vote?

Shop Alternatives
SEE ALL
Use Your Voice
OTHER TOOLS
Investigate
Share the Score
SUPPORT CCI

ACCOMPLICE

Bharat Petroleum Corporation Limited is currently rated as an Accomplice.

-20 to -29 CCI Score
These companies profit from authoritarian practices through their business dealings. Although they may not be directly enforcing oppressive policies, their actions contribute to the economic and operational sustenance of authoritarian regimes.

Latest Events

  • Political Funding Reforms and Corporate Contributions Logo
    MAY
    04
    2024

    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.

    Political funding: The way forward

  • BPCL's Voluntary Retirement Scheme Raises Labor Rights Concerns Logo
    JUL
    26
    2020

    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.

    Bharat Petroleum offers VRS to employees

  • Bombay HC Dismisses Whistleblower Petition Against BPCL Logo
    APR
    20
    2020

    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

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