Tag: ONGC
Indian Government to Sell India’s Leading Fuel Giant BPCL Needs Parliament Approval
BPCL at the end of market close on September 27 had a market capitalization of about Rs 1.02 lakh crore and even a 26 per cent stake sale at this valuation would fetch the government Rs 26,500 crore plus a control-and-fuel-market-entry premium ranging anywhere between Rs 5,000 crore to Rs 10,000 crore, officials said.