Economy · India
BPCL Acquires Stake in Bitumen Company for ₹85 Crore
Bharat Petroleum Corporation Limited (BPCL) is acquiring a 40% stake in Tiki Tar and Shell India Pvt Ltd (TTSIPL) for ₹85 crore. TTSIPL, incorporated in 2019, specializes in manufacturing and marketing bitumen and related products essential for infrastructure projects like highways and airport runways. This acquisition aims to expand BPCL's value-added bitumen portfolio.
How outlets across the spectrum covered it
Left 2 · Centre 1 · Right 1 n = 4
- Left (2): The Hindu, The Wire
- Centre (1): The Free Press Journal
- Right (1): The Pioneer