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“Asian Paints' decorative paint volumes may have got impacted at the fag-end of quarter due to supply disruption. Industrial/auto paints continue to remain under pressure,” Sharekhan said in a note.
Accenture raises revenue growth guidance for fiscal 2021Accenture, apart from raising its revenue growth guidance, has announced a one-time bonus for employees after stellar second-quarter results.
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… Read MoreTatas’ stake in Tata Comm to rise to 59% The offer for sale (OFS) for the government’s 16.1% stake in Tata Communications closed on Wednesday with the total bid a little over 4.6 crore shares that are being divested. With the average bidding price at Rs 1,171, the … Read MoreNon-life biz to expand: HDFC Ergo India is expected to see a significant jump in insurance penetration during the current fiscal and is projected to leapfrog in global rankings in the next five years, according to the chief executive of HDFC Ergo General Ins… Read MoreP&G leverages shifts in habitsHighlighting these changes in consumer behaviour, Procter & Gamble India CEO & MD Madhusudan Gopalan said there’s a noticeable shift towards self-shave. He expects both these trends to stay and, riding on these, P&… Read MoreIrdai bars widening of health covers if premiums increaseThe Insurance Regulatory and Development Authority of India (Irdai) has said that insurers cannot make any significant changes in coverage of health insurance policies that result in an increase in premium.
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