India Seeks Bids to Sell BPCL, Keeps State Players Out
A Bharat Petroleum Corp. refinery stands illuminated at night in the Mahul area of Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

India Seeks Bids to Sell BPCL, Keeps State Players Out

(Bloomberg) -- India is seeking preliminary bids for the privatization of state-run refiner Bharat Petroleum Corp. as Prime Minister Narendra Modi speeds up asset sales to help plug the budget gap.
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