Who Will Buy BPCL? BJP Says Indian Oil, Brokerage Firms Scream Privatisation

Who Will Buy BPCL? BJP Says Indian Oil, Brokerage Firms Scream Privatisation

The Modi government wants the Indian Oil Corporation (IOC) — the country’s largest oil refining and marketing company, owned by the public sector — to buy the entire central government stake in Bharat Petroleum Corporation (BPCL), in order to meet its highest-ever disinvestment target of Rs 1.05 lakh crore (trillion).