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  • Castrol
    bp To Sell 65% Stake In Castrol To Stonepeak For $10.1 Billion

    December 25, 2025

    The transaction includes USD 0.8 billion as a pre-payment of future dividend income on bp’s retained 35 percent stake. The valuation represents an enterprise value to EBITDA ratio of approximately 8.6x. Following the sale, a new joint venture will be fo

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    • GST Reforms
      GST Revision, India Auto Inc Reacts

      September 04, 2025

      For perspective, starting 22 September, two-wheelers (upto 350cc) and small cars (sub- 4-metre) will now attract a tax of 18 percent from the existing 28 percent. The reduction in GST for the passenger vehicle segment is for petrol, diesel (and hybrid veh