Haldiram’s stake sale has been under discussion for years, attracting many bidders due to the company’s leading position in India’s snack industry. Meanwhile, AkzoNobel’s paint division sale may see interest from Pidilite and Berger. Rising palm oil prices challenge players like Bikaji, who rely heavily on this raw material. Stakes are high in the competitive paint and snack markets.
Target reached, but asset monetisation to continue: DIPAM secretary Arunish Chawla
“We have already identified a cluster of 10 national highways, which will provide the underlying capital asset. So, the second public InvITs is in the