AKZONOBEL INDIA
School Assembly News Headlines, October 6, 2026: Check national, international, business, sports updates and thought of the day
School assembly news headlines October 6, 2026, cover major developments from India and around the world, including diplomatic ties, immigration, the Russia-Ukraine war, foreign worker visa rules, cricket updates and key business developments. The roundup also features a Thought of the Day by Nelson Mandela, giving students a concise mix of current affairs and inspiration for the morning assembly.
JSW Paints to raise ₹3,300cr to fund AkzoNobel India buy
JSW Paints is gearing up to secure ₹3,300 crore via non-convertible debentures, using this vital capital to propel its acquisition of AkzoNobel India. In a bold financial strategy, the JSW Group is also embarking on a grand ₹6,500 crore capital infusion that promises to elevate JSW Paints' positioning in the market.
JSW Paints set to add lustre with Akzo India buy
JSW Paints is set to acquire Akzo Nobel India, surpassing a rival bid. An exclusivity agreement has been signed for final negotiations. This acquisition will significantly boost JSW's market position. It will potentially lead to an IPO. The deal involves a reverse merger and funding from various financial institutions. The promoters will also infuse equity.
AkzoNobel India approves selling company's immovable properties
In a stock exchange filing, the company stated, "The Board has approved a proposal of monetisation by way of sale of Company’s immovable property/ies, which is/are having a very limited use/non-productive use for business operations of the Company. As and when the Company is about to reach a finality on sale of such immovable property/ies by signing the definitive agreement/s, appropriate disclosures to the stock exchanges would be made."
Focus is on profitable market share expansion: AkzoNobel
However, demand for the company’s mainstay of premium paints is yet to fully recover, as the key markets of metro cities remain in the thick of the pandemic, said Rajiv Rajgopal, managing director at AkzoNobel India. The country’s fourth-largest paint maker’s limited presence in smaller towns, where the bulk of demand is coming from, is also limiting growth.
Akzo Nobel India Q1 results: Posts Q1 net loss of Rs 20 crore
Its revenue from operations during the quarter under review was down 64.08 per cent to Rs 258.50 crore as against Rs 719.69 crore in the corresponding period of the previous fiscal.
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AkzoNobel focus on managing margins as that keeps us healthy in long term: Thierry Vanlancker
The AkzoNobel India team is executing pretty perfectly what they have been asked to do to restrain themselves and work on the fundamentals to have a much healthier base for the future. Taking a bit of a pause in two years to get everything reset is probably not a bad thing to do. It is a healthy thing to do.
Dulux Paints' AkzoNobel wants to work with world's best innovators to paint the future
AkzoNobel makers of Dulux Paints in India wants to combine its know-how and expertise with the ingenious solutions of startups and scale-ups around the world.
Mindtree appoints Pradip Menon as CFO
The company's Board of Directors approved Menon's appointment as CFO with effect from Monday, Mindtree said in a regulatory filing.
AkzoNobel Q1 profit up 5% at Rs 43 crore
Total income during the reported quarter stood at Rs 724.83 crore.
AkzoNobel India to buy back shares worth Rs 235.20 crore
Shares of AkzoNobel India ended 0.39 per cent lower at Rs 1,934 on BSE.
AkzoNobel India to sell specialty chemicals biz for Rs 320 crore
The business includes the Mahad manufacturing facility for polymer chemistry range of products, the company said.
AkzoNobel India falls on 6.73% decline in Q2 profit
The company on Thursday posted a decline of 6.73 per cent in its standalone net profit at Rs 38.79 crore for the second quarter.
AkzoNobel inaugurates specialty coatings facility at Noida
With an investment of Rs 3 crore, the new site will manufacture 600 kl of coatings annually and service our customers in the consumer electronics, automobile and cosmetic industries.
Competition Commission approves AkzoNobel-BASF deal
Paint and coatings maker AkzoNobel has got fair trade regulator CCI's approval to acquire industrial coatings business of BASF SE.
AkzoNobel Q4 net profit rises 17.7% to Rs 52.57 crore
AkzoNobel India today reported an increase of 17.76 per cent in its standalone net profit at Rs 52.57 crore for the fourth quarter ended on March 31, 2016.
AkzoNobel Q3 net profit rises 24.63% to Rs 63.24 crore
It had posted a net profit of Rs 50.74 crore in the same quarter a year ago, AkzoNobel said in a statement.
AkzoNobel Q2 net profit up 14% to Rs 40.98 crore
AkzoNobel India reported a 14.62% increase in its net profit at Rs 40.98 crore for Q2 ended September 30, riding on increase in demand.
Bajaj Allianz and AkzoNobel in unique strategic alliance
Bajaj Allianz General Insurance and AkzoNobel India have tied up to provide home insurance cover with every 20l pack of Dulux Weathershield Paint.
AkzoNobel extends IT services contract with Infosys BPO
The subsidiary will partner with AkzoNobel to set up a finance services organisation by consolidating work from seven business groups across 55 locations.
AkzoNobel to strengthen presence in the mass market segment
"Dulux is known as a premium brand for many years and we have got over 20 per cent share in the premium segment in India. But, we have also realised that we need to be present in the mass market.
AkzoNobel India keen to start Bangladesh venture
Paint manufacturer AkzoNobel India has expressed interest in setting up a manufacturing unit in Bangladesh over the next two to three years.
AkzoNobel opens new production facility in Thane
The facility will cater to company's customers in India, Bangladesh, Sri Lanka, and Southeast Asia, the company said in a statement.
AkzoNobel inaugurates new plant in Gwalior
AkzoNobel India Managing Director Amit Jain said new plant will help the company expand its distribution network.
Akzo Nobel India posts Rs 62.50 cr net profit in Q4
Paint maker Akzo Nobel India today reported a net profit of Rs 62.50 crore for the quarter ended March 31, 2013.
AkzoNobel's shareholders oppose move to hike foreign promoter stake
AkzoNobel shareholders including Asian Paints have objected to a proposal under which the listed firm will absorb three unlisted group companies
AkzoNobel plans to hire 2,000 in India by 2015
Dutch paint and coatings firm AkzoNobel will double its headcount in India to 4,000 in line with its growth strategy.
AkzoNobel to invest Rs 200cr on new plant; eyes 1 bn euro sales
AkzoNobel will invest Rs 200 crore to set up a new manufacturing plant in Madhya Pradesh to ramp up operations in the country. PTI
AkzoNobel to make India its S Asia hub
Dutch paints major AkzoNobel, which acquired ICI India in 2008, plans to make India its South Asia hub.
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