Government expects bids for BPCL by July
India's second-largest fuel retailer Bharat Petroleum Corporation Ltd (BPCL) which is under Disinvestment could soon see a big development. Sources aware of the matter said financial bids for BPCL could come by July end.
Cabinet secretary who heads the Core group on disinvestment took a detailed review meeting on BPCL, CONCOR, BEML, Air India, Shipping Corporation of India earlier this week and asked ministries on expediting disinvestment proceedings. Source: Reuters