JSW Paints, part of $23 billion JSW Group, on Friday said it will acquire majority controlling stake in Akzo Nobel India Ltd (ANIL), the maker of Dulux paints, for Rs 8,986 crore. It will acquire 74.76 per cent stake from its Dutch promoters/holding entities -- namely Imperial Chemical Industries and Akzo Nobel Coatings International BV -- for a consideration of Rs 8,986 crore, according to a statement from the JSW Group firm.
Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed executive director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed executive director of Reliance Industries Ltd.
The AV Birla group flagship Grasim Industries has been an outperformer on the bourses. The company's stock price is up 56.5 per cent in the last
After registering a positive growth for two months, India's exports slipped into negative territory again, contracting 2.17 per cent year-on-year to $38.73 billion in May due to a fall in global petroleum prices, while trade deficit narrowed at $21.88 billion during the month.
On Saturday night, the fire broke out at BM Container Depot in the Kadamrasul area in Sitakunda Upazila in Chittagong.
The CRPF has created an exclusive team of about 1,800 personnel within its special anti-riots wing Rapid Action Force (RAF) to act as responders against CBRN attacks and various other disasters, a senior officer of the force said on Thursday.
'We realised that partnering with a strong local player like the JSW Group would create far greater value than going it alone.'
Foreign brokerages remain cautious on the road ahead for the Indian equity markets. Though analysts at Nomura have revised their March 2026 Nifty target to 26,140 levels from the earlier 24,970, but the upside from the current levels is a modest 6 per cent. BofA Securities, on the other hand, has not made any change to its year-end Nifty target.
The sweeping tariffs proposed across sectors by US President Donald Trump are scheduled to be imposed starting April 2, with most analysts worried about their impact on companies, and in turn the financial markets. Recently, the US administration signaled that it will impose sectoral tariffs on energy, pharmaceuticals, semiconductors, agriculture, copper, and lumber.
While smoking increases the risk of a miscarriage and ectopic pregnancy, it also causes DNA damage in sperm, which can lead to miscarriage and birth defects, they say.
Imposition of high tariffs on China, Mexico, and Canada by the US is expected to help Indian exporters in increasing their shipments to the American market, experts say.
Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil Corporation (IOC) to become India's No.1 oil refiner as well as give a meaningful presence in the fuel marketing space.
'My father never asked me to join Al-Qaeda, but he did tell me I was the son chosen to carry on his work'
Over 60 companies are ready to launch IPOs in the coming months.
'The chief minister believes the poorest of the poor have the first right on government resources.'
Finding solutions to address non-tariff barriers would be important for the proposed free trade agreement (FTA) between India and the European Union (EU) and both sides are actively working on resolving these issues, Commerce and Industry Minister Piyush Goyal said on Thursday. He said the two sides are "pretty" close to finalising the talks for the proposed free trade pact.
The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.
'She didn't think she'd die. It was just a trend -- a video. But it took her away in seconds.'
'When Dr Murli Manohar Joshi wanted to start a course on astrology, Jayant was the first one to have the courage to stand up and say astrology is not science.' 'That's a very rare quality -- to stand up to authority.'
More than 50 workers were at work in the night shift when the mishap occurred in unit-4.
The gold loan portfolio of banks continued to show strong off-take with 76 per cent year-on-year (Y-o-Y) growth in January 2025 amid moderation in retail credit - especially in the unsecured credit segment - following increase in risk weights in November 2023. The gold loan pool had grown 17.4 per cent Y-o-Y in January 2024.
Reliance Industries Ltd, India's most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said.
As fire continued to rage on and explosions rocked the Singapore-flagged ship off the Kerala coast on Tuesday, authorities issued an oil spill advisory while a Chinese engineer rescued from the burning vessel suffered critical injuries.
About 55 banks participated in the deal, making it the largest bank group for a syndicated loan in Asia so far this year.
A disgruntled driver allegedly set a minibus on fire near Pune, killing four employees and injuring ten others. The driver, Janardan Hambardekar, was angry after his salary was cut and procured benzene to start the fire. He is currently hospitalized and will be arrested later.
Your yoga practice doesn't start on the mat; it begins in the kitchen, says Dr Yogrishi Vishvketu, global yoga educator and founder of the Akhanda Yoga Institute.
The initial public offering (IPO) lane will be busy next week, with four main-line companies, including Leela Palaces Hotels & Resorts operator Schloss Bangalore Ltd and Aegis Vopak Terminals tapping the primary market to raise over Rs 6,600 crore collectively.
The Indian exporting community is "very" concerned about the possible reciprocal tariffs of the US as it could severely hurt MSME shipments to America in the short run, Federation of Indian Export Organisations President SC Ralhan said on Wednesday. He suggested that the government should come forward and support exporters to deal with these tariffs.
"It is shocking to note that Turkey, the second-largest arms supplier to Pakistan after China, has played a key role in modernising Pakistan's navy and enhancing its aerial warfare capabilities. "This defence collaboration is not just commercial; it is ideological, targeting the stability of South Asia and emboldening Pakistan's military adventurism," SJM national co-convenor Ashwini Mahajan said in a statement.
India's proposal to impose retaliatory import duty on certain US products in response to American tariffs on steel and aluminium could cast a shadow over ongoing negotiations for a trade agreement between the two countries, think tank GTRI said on Tuesday. The Global Trade Research Initiative (GTRI) said that if the US engages in consultations with India on the matter or withdraws tariffs, a resolution may be reached.
The unloading of 337 tonnes of hazardous waste from the defunct Union Carbide factory in Bhopal began at an incineration unit in Pithampur, Madhya Pradesh. The exercise, which commenced amid protests from locals concerned about its impact on health and environment, is being carried out following safety regulations. The waste, comprising soil, reactor residues, pesticide remnants, and other materials, has been transported from Bhopal to Pithampur for disposal. The Madhya Pradesh Pollution Control Board has asserted that the chemical effects of certain substances in the waste have diminished. The local administration has launched an awareness campaign to address concerns regarding the disposal process.
Prima facie, a leaking chemical from a barrel triggered fire which led to serial explosions in the factory in Waghadi village in Shirpur taluka around 9:45 am.
Covid is growing milder with time but an occasional surge in cases is expected because the virus that causes it is now endemic and constantly evolving, say scientists while assuring that there is no cause for concern.
The Indian Space Research Organisation (ISRO) has received approval for the Chandrayaan-5 mission, which aims to study the Moon's surface using a 250kg rover. The mission will be conducted in collaboration with Japan. This follows the success of the Chandrayaan-3 mission, which achieved a soft landing on the Moon's South Pole in August 2023. ISRO is also planning to establish a space station, Bharatiya Space Station, in the near future.
After retirement, Desle toured a couple of places but visiting Kashmir was his dream, said 60-year-old Nerkar who used to do yoga with his friend regularly.
Indian and US officials will begin deliberations on the proposed bilateral trade agreement in Washington from Wednesday with an aim to iron out issues and give an impetus to the negotiations.
A Liberian cargo ship carrying 640 containers, including 13 hazardous cargoes, has sunk off the coast of Kerala, raising concerns of environmental damage. The ship, MSC ELSA 3, capsized and sank in the early hours of May 25 after listing rapidly. The three remaining crew members were rescued by the Indian Navy. The Indian Coast Guard is monitoring the situation for any oil spills and has positioned a ship with pollution response equipment at the scene. The ship was carrying 84.44 MT of diesel and 367.1 MT of furnace oil, in addition to the hazardous cargo. The Kerala State Disaster Management Authority has cautioned the public against touching any cargo containers or oil spills that may wash ashore.
The blast was so strong that it was heard in nearby villages. The fire and smoke could be seen from a distance.
The commerce ministry is working on different scenarios to assess the possible fallout of reciprocal tariffs to be imposed by the US administration on April 2 on its key trading partners including India, sources said. US President Donald Trump has said that April 2 will be 'Liberation Day' as he plans to announce tariffs or import duties to bring down America's trade deficit, and promote the country's manufacturing.
