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India eyes merger of state-controlled oil and gas groups - Financial Times
Financial Times | India eyes merger of state-controlled oil and gas groups Financial Times Arun Jaitley, India's finance minister, announced during the Budget on Wednesday that he is planning to merge some of the state-controlled oil and gas companies and build an organisation to take on domestic and international competitors. He said: “We ... Union Budget 2017: An integrated oil giant proposed to take on global rivals Is Merging Of Top Oil Companies Bad For Competition And Consumers? It's a big deal: Govt moots merger of oil PSUs to create global behemoth |
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