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In 2002, Asian Paints acquired a 60% stake in Egyptian paint manufacturer SCIB Chemicals for ₹ 24.5 crore (US$5.04 million). [14] It also acquired a 50.1% stake in the SGX -listed Berger International Singapore, which had operations in 11 countries across Southeast Asia , West Asia , the Caribbean , China and Malta , for US$20.8 million. [ 15 ]
2021: Grasim entered the paints business. [39] [40] ABFRL announced strategic partnerships with designer brands Tarun Tahiliani and Sabyasachi. [41] 2022: The group's revenue reached $60 billion. [42] The group also launched TMRW, a D2C retail platform, [43] [44] and Grasim's B2B e-commerce venture in the building materials segment. [45]
In 2002, Confidence Group established a partnership with Asian Paints to form Asian Paints Bangladesh Limited (APBL). [9] [10] Confidence Group signed an agreement with Bangladesh Power Development Board in 2011 to build an oil based powerplant in Chittagong in partnership with Rurelec PLC Limited and Energypac Power Generation Limited. [11]
NEW YORK (AP) — U.S. stocks rose to records Tuesday after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street, even if they could roil the global economy were ...
In other dealings, U.S. benchmark crude oil picked up 23 cents to $69.47 per barrel. Brent crude, the international standard, was up 26 cents at $72.58. The dollar traded at 157.07 yen by early ...
U.S. stocks edged back from their records Thursday after reports showed inflation was a touch warmer last month than expected and more workers filed for unemployment benefits last week. The Nasdaq ...
Abhay Arvind Vakil (1951–2021) was an Indian billionaire businessman, and a non-executive director of Asian Paints Ltd, India's largest paint company. [2] [3] As of October 2021, his net worth was estimated at US$6.25 billion. [4] Vakil was among the 100 richest Indians. [5]
LONDON (Reuters) -Global shares headed on Friday for their biggest monthly gains since May on hopes for strong U.S. growth, while Japanese rate hike bets and shifting euro zone monetary policy ...