{"id":291596,"date":"2019-09-16T04:56:43","date_gmt":"2019-09-16T04:56:43","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291596"},"modified":"2019-09-16T04:56:43","modified_gmt":"2019-09-16T04:56:43","slug":"govt-exploring-options-to-sell-majority-stake-in-bpcl-to-global-oil-firm","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-exploring-options-to-sell-majority-stake-in-bpcl-to-global-oil-firm\/","title":{"rendered":"Govt exploring options to sell majority stake in BPCL to global oil firm"},"content":{"rendered":"<p>India is considering a plan to sell the nation\u2019s 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. <\/p>\n<p>The government is keen to lure multinational companies in the domestic fuel retailing to boost competition and shake up a sector that\u2019s long been dominated by state-run firms, the people said, asking not to be identified as the plan is not public. The Business Standard newspaper reported on September 2 government\u2019s plan to sell a majority stake in the company. It holds 53.3 per cent in BPCL.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India is considering a plan to sell the nation\u2019s 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. The government is keen to lure multinational companies in the domestic fuel retailing to boost competition and shake up a sector that\u2019s long been dominated by state-run firms, the people said, asking not to be identified as the plan is not public. The Business Standard newspaper reported on September 2 government\u2019s plan to sell a majority stake in the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-291596","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=291596"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291596\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}