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.
Sun Pharma is expected to post a 9% year-on-year revenue growth, supported by its US specialty portfolio and steady growth in chronic therapies in India.
The Nifty IT index shot up 4.3% - posting its biggest single-day gain in 10 months. HCL surged 7.74%, followed by Coforge, Oracle Financial Services Software, LTI Mindtree and MPhasis, which ended 5-6.4% higher. The surge in IT stocks helped the benchmark Nifty close 0.67% higher on Wednesday.
The NSE Nifty gained 0.67%, or 161.7 points, to finish at 24,328. The BSE Sensex moved 0.65% or 520.9 points higher at 80,116. Both indices have surged over 8.3% each in the past seven trading sessions. This is their longest winning run in a month.
For many who frequented the Glenwood Roller Rink, memories of its heyday are still vivid skaters of all skill levels gliding across the gleaming maple floor, the roller skatepatterned carpet glowing beneath blacklights and colorful lights bathing the rink in shades of red, blue and green. Overhead, twin disco balls spun at the center, […]
Smart roads that enable vehicles to communicate with traffic infrastructure could help goods and people travel faster and be the key to unlocking innovation to help the United States compete with China
Valley Honda's dealership on Ogden Avenue in Aurora, near Route 59 and the border between the city and Naperville, is set to be expanded with the help of a multimillion-dollar tax sharing agreement.
Novavaxs closely watched COVID-19 vaccine is on track for full approval after additional discussions with the Food and Drug Administration, the company said Wednesday.
