{"id":432398,"date":"2021-08-27T10:34:36","date_gmt":"2021-08-27T05:04:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=432398"},"modified":"2021-08-27T10:34:54","modified_gmt":"2021-08-27T05:04:54","slug":"global-oil-majors-may-join-race-for-bpcl","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/global-oil-majors-may-join-race-for-bpcl\/","title":{"rendered":"Global oil majors may join race for BPCL"},"content":{"rendered":"<p>Global oil majors may be teaming up with investment funds that are already in the race to acquire Bharat Petroleum Corporation Ltd (BPCL NSE 0.84 %), a document detailing steps needed to complete India&#8217;s biggest privatisation showed.<\/p>\n<p>Billionaire Anil Agarwal&#8217;s Vedanta NSE 1.72 % group as well as two US funds &#8212; Apollo Global and I Squared Capital &#8211; had last year submitted initial bids to buyout the government&#8217;s entire 52.98 per cent stake in India&#8217;s third-biggest oil refiner and second-largest fuel retailer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global oil majors may be teaming up with investment funds that are already in the race to acquire Bharat Petroleum Corporation Ltd (BPCL NSE 0.84 %), a document detailing steps needed to complete India&#8217;s biggest privatisation showed. Billionaire Anil Agarwal&#8217;s Vedanta NSE 1.72 % group as well as two US funds &#8212; Apollo Global and I Squared Capital &#8211; had last year submitted initial bids to buyout the government&#8217;s entire 52.98 per cent stake in India&#8217;s third-biggest oil refiner and second-largest fuel retailer.<\/p>\n","protected":false},"author":39,"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-432398","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\/432398","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=432398"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/432398\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=432398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=432398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=432398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}