New Delhi: Global energy major BP has agreed to sell a majority stake in its Castrol lubricants business to investment firm Stonepeak, valuing the iconic brand at approximately $8 billion. The transaction marks BP’s largest single divestiture in recent years and reflects the company’s ongoing strategy to streamline its portfolio…
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Gopichand Hinduja Dies at 85: India–UK Business Icon
Global Business Icon Passes Away Gopichand Parmanand Hinduja, the billionaire co-chairman of the Hinduja Group and one of Britain’s wealthiest businessmen, passed away in London at the age of 85. His passing marks the end of an era for one of India’s most influential business dynasties with strong global roots….