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    • Sajjan Jindal taps mutual funds for Rs 6,000 crore financing to fund AkzoNobel India acquisition

      The acquisition is central to JSW Group’s renewed push into the paints business, an area the conglomerate has long viewed as a natural adjacency to its steel and cement portfolio.

    • Why Akzo Nobel India’s minority shareholders may have got a profitable exit

      JSW Paints’ acquisition of the Dulux-maker has been designed as a win-win for all including shareholders, but much depends on what happens next

    • Akzo Nobel India shares rally 6% as JSW Paints to acquire stake worth Rs 8,986 crore

      JSW Paints agreed to acquire up to 74.76 percent stake in Akzo Nobel India for up to Rs 8,986 crore, following approval from CCI.

    • JSW Paints likely to soon sign final pact for acquiring AkzoNobel India

      Analysts believe the proposed buyout will bolster the presence of JSW Paints in the decorative paints segment and the firm stands to benefit from the well-recognised Dulux brand

    • JSW Paints may have bought itself a lifeline with AkzoNobel India stake purchase

      JSW Paints, which has failed to capture a meaningful market share in decorative paints business, is reported to have emerged as the winning bidder for AkzoNobel NV's stake in its India subsidiary, AkzoNobel India, for around Rs 9,000 crore

    • Race for AkzoNobel India: JSW Paints likely to have emerged as front-runner

      A final decision in the ongoing hotly contested sale process is yet to be taken by Amsterdam, Netherlands-headquartered Akzo Nobel N.V

    • Race for Akzo Nobel India: JSW Paints & TPG explore tie-up

      Dutch firm AkzoNobel NV holds a 74.76 percent stake in AkzoNobel India and any attempt at purchasing a controlling stake will trigger an open offer

    • Akzo Nobel India shares higher by 6% on report of $2-2.5 billion deal value for assets; Pidilite, JSW, Indigo in the fray

      Shares of Akzo Nobel India, the maker of Dulux Paints, are witnessing strong buying interest as the race reportedly narrows down to three major players that are in the fray. Parent Akzo Nobel has hired Citigroup to conduct the India asset sale.

    • JSW Paints revenue hits Rs 1,500 crore in April-December; set to become profitable in FY24

      The paints category has seen mega investments by conglomerates including the Sajjan Jindal-led JSW and also the Aditya Birla Group.

    • JSW Steel completes Rs 750 cr investment in JSW Paints

      JSW Steel on Thursday said it has completed the Rs 750 crore investment in JSW Paints Pvt Ltd (JSW Paints). Like JSW Steel, JSW Paints is a group company of Sajjan Jindal-owned JSW Group.

    • JSW Group exploring a potential stake sale in JSW Paints

      JSW Group entered the paints segment with JSW Paints in May 2019 with an aim to diversify into the consumer-facing business.

    • Asian Paints lines up Rs 2,000-crore additional capex for new plant amid competition

      The company is exploring the possibility of making this investment and setting up the facility in the state of Madhya Pradesh

    • Back To Black: JSW Paints aims to break even in the decorative segment in the next two quarters

      The company aims to double revenues annually, and grab 5-10 percent market share within the next 3-5 years, said Joint MD and CEO AS Sundaresan

    • Competition Commission of India dismisses complaint against Asian Paints

      JSW Paints had alleged that after they launched their decorative paints segment, Asian Paints began to pressurise and target the dealers who had agreed to stock and display their decorative paints manufactured by the company.

    • JSW Paints expects revival in next 3-4 months; launches anti-bacterial paint

      JSW Group, which entered the paint business in April 2019, aims to achieve a share of 5 percent in the decorative paints market within three years.

    • JSW Paints says Asian Paints indulging in anti-competition activities; CCI to investigate

      The order came after JSW Paints filed a complaint alleging that Asian Paints threatened various dealers in Karnataka, Telangana and Tamil Nadu from dealing with JSW Paints.

    • JSW Paints says Asian Paints indulging in anti-competition activities; CCI to investigate

      JSW Paints has alleged that Asian Paints has asked dealers not to do business with the Jindal company.

    • JSW Group enters paints business; eyes Rs 2,000 crore revenue by FY22

      The company aims to be among top three brands in India by 2025.

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