Union cabinet approves sale of BPCL, SCI and Concor

The Union Cabinet approved sale of government’s stake in oil firm BPCL, shipping firm SCI and onland cargo mover Concor, as well as decided to cut shareholding in select public sector firms below 51 percent to boost revenue collections. The Cabinet Committee on Economic Affairs (CCEA) approved sale of government’s entire 53.29 percent stake along […]