{"id":296404,"date":"2019-10-16T11:48:19","date_gmt":"2019-10-16T06:18:19","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=296404"},"modified":"2019-10-16T11:52:31","modified_gmt":"2019-10-16T06:22:31","slug":"saudi-aramco-interested-in-buying-governments-stake-in-bpcl-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramco-interested-in-buying-governments-stake-in-bpcl-2\/","title":{"rendered":"Saudi Aramco interested in buying government&#8217;s stake in BPCL"},"content":{"rendered":"<p>State-owned Saudi Aramco may be in the fray to buy out Indian government\u2019s stake of Bharat Petroleum Co. ltd, as it gives the oil giant an opportunity to pierce into one of the world\u2019s biggest oil retail markets, sources privy to the matter said.<\/p>\n<p>The Indian government is looking at selling its 53.29 percent stake in BPCLNSE 4.44 % to a strategic investor in the biggest privatisation bid in the history of India.<\/p>\n<p>It aims to garner 1.05 lakh crore in divestment proceeds which includes privatisation of BPCL, Container Corp of India and Shipping Corp of India.<\/p>\n<p>Sources said Aramco currently is evaluating its Indian investments, including its possible partnership with Reliance India Ltd, and views buying out BPCL as a good opportunity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned Saudi Aramco may be in the fray to buy out Indian government\u2019s stake of Bharat Petroleum Co. ltd, as it gives the oil giant an opportunity to pierce into one of the world\u2019s biggest oil retail markets, sources privy to the matter said. The Indian government is looking at selling its 53.29 percent stake in BPCLNSE 4.44 % to a strategic investor in the biggest privatisation bid in the history of India. It aims to garner 1.05 lakh crore in divestment proceeds which includes privatisation of BPCL, Container Corp of India and Shipping Corp of India. Sources said Aramco [&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":[130,191,136],"tags":[],"class_list":["post-296404","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296404","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=296404"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296404\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=296404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=296404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=296404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}