JSW Paints and a consortium of Advent International and Indigo Paints are vying to acquire Akzo Nobel India, the owner of Dulux Paints, as Akzo Nobel NV seeks to exit the Indian market amidst intense competition. Pidilite Industries is also interested, primarily in Akzo’s decorative business.
SBI halts Nayara transactions over US tariffs, sanctions risk
State Bank of India has ceased processing trade and foreign currency transactions for Nayara Energy due to potential US sanctions following recent tariff increases. This