{"id":291597,"date":"2019-09-16T04:57:22","date_gmt":"2019-09-16T04:57:22","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291597"},"modified":"2019-09-16T04:57:22","modified_gmt":"2019-09-16T04:57:22","slug":"bpcl-jumps-7-on-reports-that-the-govt-may-sell-stake-to-a-pvt-oil-company","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-jumps-7-on-reports-that-the-govt-may-sell-stake-to-a-pvt-oil-company\/","title":{"rendered":"BPCL jumps 7% on reports that the govt may sell stake to a pvt oil company"},"content":{"rendered":"<p>Shares of Bharat Petroleum Corporation Ltd (BPCL) gained 7 per cent to Rs 411.55 in Friday&#8217;s trade on the BSE on reports that the government is considering selling its stake in the public sector oil behemoth to a global oil company. <\/p>\n<p>\u201cIndia 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 BPCL,\u201d Bloomberg reported quoting people familiar with the matter. <\/p>\n<p>Earlier this month, Business Standard had reported that the government plans to offload its entire 53.29 per cent stake worth a little more than Rs 40,000 crore in BPCL which would go a long way in the Narendra Modi government meeting its highest-ever disinvestment target of Rs 1.05 trillion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Bharat Petroleum Corporation Ltd (BPCL) gained 7 per cent to Rs 411.55 in Friday&#8217;s trade on the BSE on reports that the government is considering selling its stake in the public sector oil behemoth to a global oil company. \u201cIndia 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 BPCL,\u201d Bloomberg reported quoting people familiar with the matter. Earlier this month, Business Standard had reported that the government plans to offload its entire 53.29 per cent stake [&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-291597","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\/291597","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=291597"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291597\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}