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Ccd May Okay Strategic Sales In Bpcl, Hpcl

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BUSINESS STANDARD
Last Updated : Jan 28 2013 | 12:58 AM IST

The government is understood to have decided in favour of a strategic sale before the initial public offers (IPOs) in downstream oil companies Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL) despite a stiff resistance from the petroleum ministry. A crucial meeting of the Cabinet Committee on Disinvestment (CCD) is expected this week to take a final view on the issue.

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First Published: Jul 23 2002 | 12:00 AM IST

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