Nippon Paint shares fell as much as 3.4%, the biggest intraday decline in more than a month, before paring some losses
Nippon Paint had previously sought to buy AkzoNobel's entire business along with US-based Sherwin-Williams for €12.5 bn, but the bid was rejected in May, after which the two withdrew their offer
Dynamic bond funds adopt sharply different duration and credit strategies as rising yields and global risks cloud the interest-rate outlook
Nippon India MF and ICICI Prudential MF lead AUM growth as industry expands over 20% for the third straight year despite equity market volatility
State managed to put project on track within 15 months with all required nods
Becomes third-biggest market globally after US and China in terms of yearly inflows
The partnership will expand NIAIF's $1 bn alternatives platform, leveraging DWS's global network to attract offshore investors
Japan's Nippon Paint Holdings arm, NIPSEA Group, on Monday announced the appointment of Sharad Malhotra as Managing Director of Nippon Paint India, effective December 1, 2025, making him the first Indian to occupy the position in the company. Malhotra will succeed Jon Tan as Managing Director, reporting to the Group's CEO, Wee Siew Kim, the company said in a statement. He becomes the first Indian to be appointed to this position in the company and will be responsible for driving the overall direction and strategy of India Group, it added. Malhotra will continue to spearhead Nippon Paint's global foray into the automotive aftermarket business, a category that he has led since inception, the statement said. "Sharad has successfully led and charted a strong growth path for our auto refinish business globally, while being based in India. His proven ability to deliver results, deep understanding of our business, and commitment to excellence make him ideally suited to lead our India ...
Nippon Life India Asset Management Ltd (NAM India) on Thursday reported a 4 per cent year-on-year drop in profit after tax (PAT) to Rs 345 crore for the quarter ended September 30. The asset management company had earned a PAT of Rs 360 crore in the year-ago period. However, the company's revenue from operations rose 15 per cent to Rs 658 crore in the second quarter of the current fiscal (FY26) from Rs 571 crore in the same period of the preceding fiscal, according to a stock exchange filing. Besides, the board of directors of Nippon Life India Asset Management has approved an interim dividend of Rs 9 per share. As of September 30, 2025, the company's assets under management (AUM) stood at Rs 7.61 lakh crore (USD 85.7 billion), and serves 21.9 million unique investors, representing over one in every three mutual fund investors in the country. Sundeep Sikka, Executive Director and CEO of NAM India, said, "In terms of business performance, we continue to gain market share with the .
Capturing midcap energy without losing control of the charge
Morgan Stanley and Nippon India Mutual Fund (MF) are among the investors that bought around 63 lakh shares worth Rs 438 crore of HealthCare Global Enterprises (HCG) from private equity firm CVC Capital Partners through open market transactions, according to the NSE data. Motilal Oswal MF and Plutus Wealth Management are the other two entities that bought shares in HCG. On Wednesday, Morgan Stanley, Nippon India Mutual Fund (MF), Motilal Oswal MF and Plutus Wealth Management purchased 63 lakh equity shares representing a 4.52 per cent stake in Bengaluru-headquartered HCG. The transaction was valued at around Rs 437.85 crore, and was executed at an average price of Rs 695 apiece on the National Stock Exchange (NSE). Meanwhile, Luxembourg-based CVC Capital Partners through its affiliate, Aceso Company Pte Ltd offloaded these shares at the same price. After the stake sale, Aceso Company holding in HCG has come down to 4.24 per cent from 8.76 per cent. Shares of Healthcare Global ...
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The Nippon India Silver ETF is listed on the stock exchange and primarily invests in physical silver and/or Exchange-Traded Commodity Derivatives (ETCDs) linked to silver
In a bid to deepen financial inclusion, Nippon Life India Asset Management Ltd has opened a branch in Leh and is looking to expand its presence in border areas, its CEO Sundeep Sikka said. With this, Nippon Life India Asset Management (NAM India) -- promoted by Japan's Nippon Life Insurance Company -- becomes the only asset management company in the country to establish a physical presence in such a high-altitude region. This marks NAM India's 167th branch and its presence in 266 pin codes across the country. Explaining the reason for opening the branch, Sikka said Ladakh, a Union Territory known for its breathtaking landscapes, has seen a surge in tourism and economic activity in recent years. However, the region's financial landscape remains relatively underdeveloped, with limited access to a diverse range of investment products. The average assets under management (AAUM) in Jammu & Kashmir and Ladakh stood at Rs 10,844 crore as of June 2025, accounting for less than 0.14 per ...
Zerodha Fund House on Monday announced the launch of Zerodha Multi Asset Passive Fund of Fund
Nippon India Nifty 1D Rate Liquid ETF is an open-ended exchange-traded fund that aims to replicate the performance of the Nifty 1D Rate Index
HDFC AMC, Nippon stock outlook: Kotak Institutional Equities expects both AMCs to deliver higher AUM growth over the next few quarters on the back of stronger net inflows-equity AUM.
Equity markets have spent nearly nine months consolidating since June 2024, says Bhan
The first concern will be financing, necessary to fund both the all-cash acquisition and the promised investments, which range from upgrades to existing plants to a new steel mill