Decarbonization
Brands Companies Finance News

Grasim Industries Raises $150 Mn For New Paint Brand Birla Opus

Grasim Industries has secured Rs 1,250 crore (approximately USD150 million) from the International Finance Corporation through non-convertible debentures. This capital infusion is earmarked for bolstering the company’s newly launched paints venture, Birla Opus. To prioritise sustainability, Birla Opus is committed to maximising the utilisation of renewable energy sources and implementing water recycling initiatives across its […]

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Brands Consumer News

Consumer Products Booming, But Price Hikes Mask Volume Woes: Bain Report

The consumer products sector witnessed remarkable growth throughout 2023, with the retail sales value (RSV) surging globally by nearly 10 per cent year over year, as revealed by a survey report conducted by Bain & Company. However, this growth was predominantly driven by price increases rather than volume gains, with price hikes accounting for approximately […]

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