MUMBAI: Castrol India is set for a change in ownership, with New York-based investment firm Stonepeak to acquire a majority stake in the lubricants maker from Britain’s BP as part of a $6-billion ...
The Indian government is demanding over $30 billion in compensation from Reliance Industries and BP for their failure to produce contracted gas volumes from two offshore fields, Reuters reported today ...
Dec 24 (Reuters) - Canada Pension Plan Investment Board and U.S. private equity firm Stonepeak will launch an offer to purchase a stake of up to 26% in Castrol's Indian unit, they said on Wednesday, ...
NEW DELHI, Dec 29 (Reuters) - India is seeking over $30 billion in compensation from Reliance Industries (RELI.NS), opens new tab and BP (BP.L), opens new tab in an arbitration case for gas it says ...