BPCL Divestment: Selling the Country's Crown Jewels?
Will the Mukesh Ambani-led Reliance Industries Limited, in partnership with multinational corporations like British Petroleum and Saudi Arabia's Aramco, be the beneficiary?
A financially-strapped government of India is pulling out all stops to meet its target for disinvestment by selling its 53.29% stake in Bharat Petroleum Corporation Limited, the country's second-largest oil marketing company which is highly-profitable and asset-rich. Will the Mukesh Ambani-led Reliance Industries Limited, in partnership with multinational corporations like British Petroleum and Saudi Arabia's Aramco, be the beneficiary?
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