CBI arrests HPCL sales officer for taking Rs 1 lakh bribe 
News Updates

CBI arrests HPCL sales officer for taking Rs 1 lakh bribe

The CBI has arrested a sales officer of HPCL for allegedly taking a bribe of Rs 1 lakh to hand over the company's retail outlet, officials said on Monday

PTI

New Delhi: The CBI has arrested a sales officer of the Hindustan Petroleum Corporation Limited (HPCL), Chandrapur in Maharashtra for allegedly taking a bribe of Rs 1 lakh to hand over the company's retail outlet, officials said on Monday.

PSU Watch is now on Whatsapp Channels. Click here to join

Sales officer Pratik Tagale allegedly demanded a bribe of Rs 2 lakh to facilitate the handover of the HPCL's retail outlet to the company's proprietor.

The complainant expressed inability to arrange the sum in one go and the officer allegedly agreed to accept the first installment of Rs 1 lakh.

The agency laid a trap on Saturday where Tagale was arrested red-handed taking the bribe from the husband of the proprietor, they said.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

India's strategic oil reserves hit by delays, under-spending; House panel calls for 90-day crude storage

Stock markets slump in early trade after two-day rally

Govt slashes excise duty on petrol to Rs 3/litre, exempts diesel to shield consumers from global crude price rise

Fuel sales have jumped 15% pan-India amid panic buying: HPCL CMD

JN Port cargo traffic at record 100 million tn in FY'26