New Delhi, Dec 24 (IANS) BP on Wednesday announced that it has agreed to sell a 65 per cent stake in its lubricants business Castrol to global investment firm Stonepeak for around $6 billion. The transaction values Castrol at about $10.1 billion, including debt. After the deal, BP will continue to hold a minority stake in Castrol through a joint venture structure.Following the announcement, shares of Castrol India surged about 8 per cent in early trade and were quoted at around Rs 201 per share….
Trending
- Onekdin Por Review (2026): A Quietly Powerful Bengali Drama That Heals the Heart
- Carry On Jatta 4 Review (2026): Punjabi Comedy’s Most Beloved Franchise Returns With Even Bigger Laughs
- Moda Kavida Vaatavarana (2026) Review: Suni Weaves a Hauntingly Beautiful Monsoon Drama That Lingers Long After the Credits
- UYiR Movie Review (2026): Roshan Mathew Delivers a Gripping Performance in This Malayalam Crime Thriller
- Tera Mera Nata Review (2026): A Heartfelt Tale of Love, Family, and Sacrifice
- Heartin Movie Review: Sananth and Madonna Sebastian Deliver a Visually Stunning Tamil Romance Worth Your Time
- Risk – A Game of Youth Review: A Gritty Crime Drama That Takes Bold Chances With Youth and Ambition
- Balaramana Dinagalu Review: Vinod Prabhakar’s Gritty Gangster Drama Is a Compelling Ride Worth Watching