The government is going to provide guidance on employee protection, asset stripping and business continuity in Bharat Petroleum Corporation (BPCL) to potential acquirers of the company only at a later stage of bidding, according to privatisation rules issued by the disinvestment department. The government is selling its entire 52.98 per cent stake in India's second-largest fuel retailer and third-biggest oil refiner.
BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.
| Company Name | CMP |
|---|---|
| Reliance Industries | 1300.85 |
| Indian Oil Corpn. | 139.20 |
| Bharat PetroleumCorp | 300.75 |
| HPCL | 389.65 |
| MRPL | 149.15 |
| View more.. | |
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