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Berger bets on pent-up demand as prolonged monsoon, higher ad spends hit Q2

Mumbai, Nov. 4 -- An abnormally long monsoon and higher marketing spends washed away the second-quarter earnings growth of Berger Paints India Ltd when India's second-largest paintmaker and its peers ... Read More


Adani, Aditya Birla locked in a race for cement business expansion

New Delhi, Nov. 3 -- Competition is intensifying in India's cement industry, with the Adani Group's cement venture dialling up its capacity expansion target by just above 10%, a fortnight after larger... Read More


Jindal Steel to have a CEO after five years as Gautam Malhotra is elevated

New Delhi, Oct. 28 -- Billionaire Naveen Jindal-owned Jindal Steel Ltd appointed Gautam Malhotra as its chief executive officer on Tuesday, while it reported below-expectations second-quarter earnings... Read More


Jindal Steel Q2 preview: Weak earnings likely as steel prices slide and monsoon dampens demand

New Delhi, Oct. 27 -- Jindal Steel Ltd is expected to post weaker earnings for the September quarter, in line with its domestic peers, as lower sales due to an extended monsoon and weaker prices are l... Read More