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$7 billion BPCL sale slows on Covid-19 pandemic, LIC IPO: Report

India pandemic Government Coronavirus
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coronavirus pandemic and other government initiatives such as the initial public offering of the nation’s biggest insurer, according to people familiar with the matter.

The discussions with investors on the stake sale of Bharat Petroleum Corp., from which the government could fetch about $6.9 billion, haven’t progressed much recently, the people said.

The disposal may only take place as soon as early next year, one of the people said, asking not to be identified as the matter is private.

India has already allowed bidders access to the financial data of the refiner in April and some have held meetings with BPCL management, Bloomberg News reported in May.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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