https://www.taxtmi.com/news?id=22793 Approval under Section 31(1) of the Competition Act, 2002 was granted for a proposed combination in which RIL will transfer its petroleum retail business and specified aviation fuel assets to Reliance BP Mobility Limited, and BP Global Investments Limited will acquire an aggregate 49% stake in RBPML through purchase of existing shares and subscription to fresh equity, with BP Global and RBPML currently non-operational in India and RBPML to operate the transferred businesses post-transaction. en-us Fri, 01 May 2020 10:01:04 +0530 Fri, 01 May 2020 10:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22793 Approval under Section 31(1) of the Competition Act, 2002 was granted for a proposed combination in which RIL will transfer its petroleum retail business and specified aviation fuel assets to Reliance BP Mobility Limited, and BP Global Investments Limited will acquire an aggregate 49% stake in RBPML through purchase of existing shares and subscription to fresh equity, with BP Global and RBPML currently non-operational in India and RBPML to operate the transferred businesses post-transaction. News - Fri, 01 May 2020 10:01:04 +0530 https://www.taxtmi.com/news?id=22793