Govt mulls selling stake in BPCL to overseas oil company: Report1 min read . Updated: 13 Sep 2019, 03:47 PM IST
- The government is keen to lure multinational companies in the domestic fuel retailing to boost competition
- Shares of Bharat Petroleum gained as much as 7.1%, touching day’s high of 411.55 rupees in Mumbai
New Delhi: India is considering a plan to sell the nation’s second-largest state refiner and fuel retailer to a global oil company as it explores options to give up its controlling stake in Bharat Petroleum Corp., people with knowledge of the matter said.
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