Tag: debt reduction

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BP announced plans to sell a 65% stake in Castrol for $10 billion.

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Business
Corporate

BP to sell 65% in Castrol for $10 billion, Castrol...

London: British Oil giant BP is all set to sell a 65% stake in Castrol- a leading global lubricants and specialty products company- in a deal valued at approximately $10...

By Abizar Attari
December 24, 2025

Adani Enterprises’ rights issue receives strong response

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Finance
Market

Adani Enterprises’ ₹25,000-crore rights issue receives strong response, oversubscribed by...

Mumbai: Gautam Adani-led Adani Enterprises Limited (AEL)’s ₹25,000 crore rights issue has been oversubscribed by 108%, with bids for nearly 150 million shares as against the offer size of 138.5...