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Oil change: BP to exit Castrol India

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Castrol India is set for a significant ownership change as Stonepeak, a New York-based investment firm, will acquire a majority stake from BP. This global deal involves an open offer to public shareholders at Rs 194 per share. The transaction aims to reshape BP's business and strengthen Stonepeak's Indian presence. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/3nYHb4Z >

Navi Mumbai airport opens today with 30 domestic flights

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Navi Mumbai International Airport (NMIA) officially commenced commercial operations today, marking a significant expansion of air travel for the Mumbai region. The airport will initially handle around 30 domestic flights daily, with IndiGo operating the first arrival and departure. NMIA aims to scale up to round-the-clock services by February 2026. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/n82QCRV >

US mortgage rate: US 30-year home loan rates edge down to 6.18%; affordability concerns keep buyers cautious

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US mortgage rates saw a slight dip this week, with the 30-year fixed rate now at 6.18%, offering minimal relief to homebuyers. While rates are down from last year, affordability remains a significant challenge, especially for first-time buyers. Despite some market improvements, economic uncertainty keeps many potential buyers hesitant. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/GaOsnfB >

‘My interviewer wasn’t even human’: Job seeker shares bizarre interview experience with AI avatar

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Artificial intelligence is no longer confined to screening CVs or scheduling interviews. Two unsettling Reddit accounts describe interviews where neither side realised they were speaking to a machine. Perfect answers, repeated phrasing and lifeless precision exposed the truth. The stories hint at a near future where human presence in hiring becomes optional, and increasingly difficult to verify. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/WailDKc >

Global giants bank on Indian-origin CFOs

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Indian-origin finance chiefs are increasingly leading global giants like Unilever, Tesla, and Mastercard. A study reveals over a dozen multinational corporations have appointed Indian descent CFOs, many educated in India. This trend highlights the evolving role of CFOs as strategists, adept at navigating complex markets and demonstrating resilience, a skill honed by the Indian education system and professional experiences. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Sm8yqAG >

India-New Zealand FTA to create new opportunities for exporters

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India and New Zealand have signed a Free Trade Agreement set to boost mobility for Indian students and professionals, while enhancing export opportunities. The deal removes student caps, extends post-study work visas, and introduces a temporary employment visa for 5,000 Indian professionals. It also offers tariff reductions on agricultural products and opens up 118 service sectors for India. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/PEJTQMF >

From March 1, Air India to stop non-stops to San Francisco from Mumbai, Bengaluru

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Air India is halting its non-stop San Francisco flights from Bengaluru and Mumbai starting March 1 due to aircraft deployment issues and increased costs from airspace restrictions. While Delhi services to San Francisco and Toronto will be boosted, passengers with existing bookings face uncertainty. The airline promises re-accommodation or refunds, with a possibility of restoring the routes later. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/2WHIaKO >