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Apollo Management And Think Gas

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BPCL privatisation not on cards for now

Oil Minister Hardeep Singh Puri on Thursday indicated that the much-delayed privatisation of oil major BPCL may not happen in the near future, saying there is "no proposal whatsoever" on his table......

Why BPCL divestment is on the slow track

Delays in due diligence, policy opacity and now the Ukraine crisis have brought the process to a near-standstill. Shine Jacob reports. Photograph: ANI Photo In December 2019, the India arm of......

US private equity firm drops out of BPCL race

US private equity firm I Squared Capital is dropping out of the race to buy India's second-largest state oil firm, Bharat Petroleum Corporation Ltd (BPCL) owing to a complex deal structure and lack......

100% FDI in PSU refiners gets nod; to aid BPCL sale

Current policy restricts FDI in oil PSUs to 49%; most bidders who have shown interest in acquiring BPCL have foreign investment. Illustration: Uttam Ghosh/Rediff.com The Union Cabinet on Thursday......

BPCL says no intention to sell stake in Petronet, IGL

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Thursday said it has no intention to sell a part of its stake in Petronet LNG Ltd and Indraprastha Gas Ltd (IGL) to help its new owner......

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