IOC, other PSUs not to bid for BPCL, hints Oil Minister Dharmendra Pradhan

The Cabinet on Wednesday decided to sell the government's entire stake in the country's second-largest state refiner BPCL and India's largest shipping company Shipping Corporation of India (SCI). It also approved privatisation of Container Corporation of India while also giving nod to paring stake below 51% in select PSUs but without losing control.

from Energy-Industry-Economic Times https://ift.tt/2KIe2oh