Bharat Petrolium Corporation Limited

/Tag: Bharat Petrolium Corporation Limited

India’s great PSU sell-off kicks off at last

2020-12-16T15:12:32+00:00December 16th, 2020|Analysis - India Global Business, India Inc Views - India Global Business|

Several deep-pocketed and some surprise entrants have bid for national carrier Air India and the country’s second-largest oil marketer BPCL. The privatisation of these companies could provide a pointer to the future of the Modi government’s ambitious disinvestment programme that can potentially fetch $350 billion.

Getting out of business

2019-11-29T15:39:51+00:00November 24th, 2019|2019, North America Edition – 29 November 2019, UK Edition – 15 November 2019|

The Modi government has finally plucked up the courage to make bold decisions on privatising some of India’s largest state-owned companies, and in doing so redeems a pledge to get government out of the business of business. The Narendra Modi government has decided to kick off its privatisation programme with the big ticket strategic sales of its stakes in the country’s second largest downstream oil company Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India, India’s largest shipping company, Container [...]