Govt eases foreign investment rules to aid BPCL sale: Report

The Union Cabinet approved plans on Thursday to allow 100% foreign direct investment (FDI) in state-run oil companies in which a strategic stake sale is announced, a move to help privatisation of Bharat Petroleum Corp, two government sources said.The Union Cabinet approved plans on Thursday to allow 100% foreign direct investment (FDI) in state-run oil companies in which a strategic stake sale is announced, a move to help privatisation of Bharat Petroleum Corp, two government sources said.Read More

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