Grasim: Grasim’s big splash into paints may see others lose colour

Grasim: Grasim’s big splash into paints may see others lose colour

Mumbai: India’s paints industry could turn into the proverbial red ocean for several incumbents as Aditya Birla Group flagship Grasim makes a big splash with the ‘Birla Opus’ brand, potentially altering market share and profitability dynamics in a sector that has hitherto expanded with far fewer gyrations than one of its biggest revenue generators – … Read more

Block deals: Block deals put down a marker in 2023, lift equity deal value by 66%

Block deals: Block deals put down a marker in 2023, lift equity deal value by 66%

Mumbai: The deal value in the Indian equity capital markets (ECM) experienced a remarkable 66% surge, reaching a high of ₹2.18 lakh crore ($26 billion) in the calendar year 2023 from ₹1.31 lakh crore ($16 billion) in the previous year, according to data from Bloomberg. The number of deals also saw a significant 66% increase, … Read more

TVS Motor | Premium Motorbikes

TVS Motor | Premium Motorbikes

TVS Motor eyes to capture a bigger market share in the premium motorcycle segment, which they believe is about to pick further momentum amid rising wealth of Indians, a senior official of the two and three-wheeler manufacturer said on Wednesday. “In India, the infrastructure is growing fast and the disposable income is growing too. People … Read more