Government appoints Deloitte as advisor for BPCL stake sale

सरकार ने BPCL हिस्सेदारी बिक्री के लिए सलाहकार के रूप में डेलॉइट को नियुक्त किया

Points to Remember:

  • The Department of Investment and Public Asset Management (DIPAM) has appointed Deloitte Touche Tohmatsu Ltd as advisor for the strategic sale of Bharat Petroleum Corporation Ltd (BPCL).
  • Completion of the stake sale in India’s second-largest state-owned oil refiner by March 2020 could help the government mobilise more than Rs 60,000 crore, or $8.4 billion, and narrow the fiscal deficit.

About Bharat Petroleum Corporation Ltd (BPCL):

  • Headquarters: Mumbai, Maharashtra, India
  • Chairman & MD: D Rajkumar

About Deloitte Touche Tohmatsu Limited:

  • CEO: Punit Renjen
  • Headquarters location: New York, United States
  • Founder: William Welch Deloitte
  • Founded: 1845
Important Possible questions based on above News:
  1. Which UK organisation has been appointed as advisor for the strategic sale of Bharat Petroleum Corporation Ltd (BPCL)? Deloitte Touche Tohmatsu Ltd
  2. Where is the Headquarters of Bharat Petroleum Corporation Ltd (BPCL) located? Mumbai, Maharashtra
  3. Where is the Headquarters of Deloitte Touche Tohmatsu Limited situated? New York, United States

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