Rio Olympics 2016: BPCL announces Rs 75 lakh cash award, promotion for shuttler P V Sindhu

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New Delhi | Published: August 20, 2016 5:03:01 PM

State-owned BPCL today announced a cash award of Rs 75 lakh and promotion for P V Sindhu, the country's first-ever woman silver medallist in the Olympic Games.

BPCL has entered into an agreement for acquiring 21 per cent stake on fully diluted basis in the share capital of FINO PayTech for a consideration of Rs 251 crore in an all cash deal, BPCL said in a BSE filing. (PTI)PV Sindhu has been working with Bharat Petroleum Corp Ltd (BPCL) since 2013 and is currently Assistant Manager (Sports) at its Hyderabad office. (PTI)

State-owned BPCL today announced a cash award of Rs 75 lakh and promotion for P V Sindhu, the country’s first-ever woman silver medallist in the Olympic Games.

Sindhu has been working with Bharat Petroleum Corp Ltd (BPCL) since 2013 and is currently Assistant Manager (Sports) at its Hyderabad office.

Announcing a cash award of Rs 75 lakh for her fleet, BPCL CMD S Varadarajan said Sindhu will be promoted to Deputy Manager.

“Pusarla V Sindhu, a BPCL sports person and ace shuttler of India has scripted a new chapter in Indian sporting history by being India’s first woman to win a silver medal in the Olympics with a stunning display of talent, grit and grace,” a company statement said.

Sindhu, who hails from Hyderabad, has been associated with BPCL ever since she was 14 years old and joined the company in July 2013.

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