In times when companies are laying off employees and reducing salaries, Asian Paints has said that it will go ahead with annual increments. In an attempt to boost employee morale and strengthen the bond with its employees, the company has decided to not lay off any employees and give them their annual salary raise. Citing…
Mukesh Ambani-led Reliance Industries is reportedly considering selling its stake in Asian Paints as the Indian multinational conglomerate is stepping up its efforts to become debt free. According to a Bloomberg report, the company is in discussions with various banks for a potential sale of its 4.9% stake worth ₹989mn in Asian Paints report Ltd.…
Amit Syngle will take over as Managing Director & Chief Executive Officer of Asian Paints. KBS Anand will be retiring after a a four-decade-long career at the company.Amit Syngle, presently the COO for Asian Paints and a 29 year veteran at the company, will take charge as Managing Director & Chief Executive Officer of Asian…