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.
Jane Street may take Singapore route to sort out India tax row
With the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initiating the