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Sunday, June 29, 2025

Paint industry trends: Fierce competition dent sales; companies eye FY26 revival

Indian paint companies like Asian Paints and Berger Paints are facing challenges due to weak urban demand and intense price competition, impacting their profit margins in FY25. Despite these headwinds, they anticipate a modest recovery in FY26, fueled by increased disposable incomes and government initiatives.

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Tata Steel ends 25-year joint-venture with German company Martrade

Tata Steel is acquiring Martrade's stake in their joint shipping venture for Rs 335 crore. This move ends a twenty-five-year partnershi...