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26.05.25 - 11:24
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JSW Paints to acquire Akzo Nobel India stake for $1.1 billion (Times of India)
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JSW Paints, under Sajjan Jindal, is nearing the acquisition of Akzo Nobel India, valuing Akzo Nobel NV's stake at approximately Rs 9,000 crore. This deal could position JSW Paints as a major player in both decorative and industrial paints. The acquisition, expected to be finalized soon, will trigger an open offer and is financed through promoter equity and bank loans....
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17.05.25 - 12:30
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European chemical industry woes present market opportunity for India: Report (Times of India)
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A B&K Securities analysis indicates that disruptions in European chemical operations offer Indian manufacturers a chance to expand, despite challenges. High EU operational costs contrast with India's strong trade relationship, being the fifth-largest exporter to the bloc. However, Chinese competition and weak European demand, compounded by high energy costs, pose significant hurdles to sustained growth for Indian chemical exports....
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29.03.25 - 11:36
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German chemical firm plans $1.5 billion investment in India, says Goyal (Times of India)
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Commerce and Industry Minister Piyush Goyal shared that a German chemical firm plans to invest USD 1.5 billion in India. A state has already identified land for the investment, aimed at boosting FDI. The government's efforts to improve business conditions and resolve legal issues were highlighted as attracting global investments....
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20.12.24 - 07:48
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India′s Chemplast Sanmar rises on starting production at chemicals division (Reuters EN)
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BUZZ-India's Chemplast Sanmar rises on starting production at chemicals division ** Shares of specialty chemicals co Chemplast Sanmar CHPA.NS rise as much as 2.2% to 516.35 rupees, last up 1.3% ** Co starts commercial production from its multi-purpose production block at chemicals division in Berigai, Tamil Nadu ** CHPA on track for third straight...
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03.12.24 - 09:08
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India′s Par Drugs and Chemicals slumps on establishment sale (Reuters EN)
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BUZZ-India's Par Drugs and Chemicals slumps on establishment sale ** Par Drugs and Chemicals PARR.NS falls to exchange-allowed lower band of 20% to 278.80 rupees ** Pharma co approves sale of existing establishment , including land, building, plant and machinery for 928.8 mln rupees ($11 mln) ** Establishment contributed 99.4% to co's net rev ** Co...
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