Reliance Industries is considering selling its 4.9% stake in Asian Paints, a 17-year-old investment, amid increasing competition and margin pressures in the Indian paints market. The sale, managed by Bank of America, could fetch ₹11,141 crore, representing a significant return…
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The latest edition of the annual survey – one of the largest in the accounting profession – covered over 10,000 individuals across 175 countries, including India, and highlights a fundamental shift in how professionals view the future of work.
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Andhra Pradesh Chief Minister N Chandrababu Naidu is concerned about tax evasion, especially in gold sales, and is pushing for AI-driven solutions across departments to boost revenue. He is also focusing on preventing illegal liquor sales, increasing transport revenues, and…
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Asian Paints, India’s leading paint manufacturer, is facing increased competition. Grasim Industries, led by Kumar Mangalam Birla, has gained significant market share in its first year. Asian Paints’ market share declined to 52%. Grasim’s Birla Opus now holds 6.8% of…
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Life Insurance Corporation (LIC) has bought stake in the Bank of India (BoI), this move increases stake of the body to 8.38 percent.
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Leading automaker Tata Motors on Tuesday reported 51% fall in its consolidated net profit at Rs 8,470 crore in the quarter ended March 2025. Revenue from operations in the same period were flat at Rs 1.19 lakh crore.
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