AkzoNobel India to Buy Dulux IP for Rs 11.52 Billion Amid Sale Talks
AkzoNobel India is set to acquire the intellectual property rights, including the trademark and goodwill of its flagship ‘Dulux’ brand for India, Nepal, Bhutan, and Bangladesh from its parent company Akzo Nobel for Rs 11.52 billion. This move signals the potential sale of the decorative paints business under the Dulux brand. Sources indicate that in the second round of discussions, the parent company has shortlisted three Indian bidders for the business, with JSW Paints (in partnership with TPG) and Pidilite emerging as prominent contenders who have placed non-binding bids. (businessline)..
Ports, Shipping and Logistics to Drive Growth
India’s maritime sector remains a vital pillar of economic development, facilitating trade and global connectivity. Union Minister of Commerce & Industry Shri Piyush Goyal, speaking at the 12th Biennial International Conference on Ports, Shipping & Logistics 2025 in Mumbai, highlighted the need to enhance shipbuilding, flagged vessel operations, and logistics efficiency. The Minister noted that India has immense potential in shipbuilding and urged stakeholders to propose strategies for increasing Indian-flagged vessels. While India allows cabotage within WTO regulations, the country lacks a..
India’s Investment Climate Strengthens Growth and Global Alliances
The Central Government is committed to creating a business-friendly investment climate, ensuring regulatory stability, and enhancing the Ease of Doing Business (EoDB) in India. Union Minister of Commerce & Industry Shri Piyush Goyal reiterated this during his virtual address at the Pune International Business Summit 2025, organised by the Mahratta Chamber of Commerce, Industries, and Agriculture (MCCIA) on January 24, 2025. Shri Goyal highlighted that Prime Minister Shri Narendra Modi’s recent visits to the USA and France have strengthened investment opportunities and global partnership..
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