“Birla Opus is the latest new entrant in the decorative paints market, promising an incremental 40% addition to industry capacity, with aggressive sales and dealer acquisition targets,” said CLSA’s analysts Aditya Soman and Vatsal Dujari in a client note. “…we believe near term its growth and margins will not be immune to this competitive pressure although it may maintain its long-term market position.”
Roshni Nadar Malhotra to become third richest Indian after dad Shiv Nadar gifts HCL stake
Roshni Nadar Malhotra becomes India’s third-richest individual after receiving a 47% stake in HCL Corporation and Vama Delhi from her father, Shiv Nadar. The succession