Government issues EoI for BPCL - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Government issues EoI for BPCL

In case of a consortium of investors bidding for taking a stake in the oil refiner and marketer, the minimum net worth for each member has been set at $1 billion, the department of investment and public asset management (DIPAM) said in the document. The government has explicitly excluded PSUs having 51% government ownership from bidding for the company.

from Economy-News-Economic Times
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