Current Affairs - Business - Discussion

State-run Bharat Petroleum Corporation(BPCL) is all set to become a Maharatna company. The oil marketing company is at present a Navratna firm. The decision to elevate BPCL to Maharatna status was taken by a panel headed by the Cabinet secretary and an announcement to this effect is likely soon, according to official sources. Maharatna and Navaratna state-owned units operate in strategic fields such as coal, petroleum, steel, heavy engineering, power supply, telecommunications and transportation services.