Business Standard

BPCL shelves a few plans

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Partha Ghosh New Delhi
 The Supreme Court judgment relating to the disinvestment of Bharat Petroleum Corporation Ltd (BPCL) will put the brakes on several strategic investments and marketing initiatives planned by the public sector oil and gas marketer.

 BPCL had been preparing to face increased competition after its divestment, a top BPCL executive said.

 As the government will now have to get the Parliament

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First Published: Sep 18 2003 | 12:00 AM IST

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