Total expenses rose 15.65 per cent to Rs 4,340.64 crore in the quarter as against Rs 3,752.94 crore in the year-ago period.

Berger Paints' total expenses was at Rs 1,304.62 crore as against Rs 1,136.47 crore, up 14.79 per cent.

Established in 2000, Indigo Paints is a relatively new entrant to the decorative paints industry that is dominated by the like of Asian Paints, Berger and Nerolac.

The number beat ET Now's poll estimate of Rs 547 crore profit.

Dhingra indicated that the company they would look for acquisition should be bigger than its existing operations in Russia. BPIL now runs the Russian operations through its subsidiary in Cyprus.

In a filing with the stock exchanges, the company said it is buying 95.53% stake of STPL. Balance 4.47% stake will remain with STPL’s existing shareholders.

The decorative business segment in India recorded high double digit volume growth.

Revenue from operations (excluding GST) in the said quarter stood at Rs 1,598.58 crore.

From Rs 12 crore in FY09, the Pune-headquartered company, which is gunning for an IPO, closed FY19 with revenue of Rs 600 crore. Here Jalan talks to TOI about his plans for the company.

"The Commission is of the view that evidence provided by JSW Paints is prima-facie sufficient to indicate that Asian Paints has denied access to the distribution channels in the relevant market to JSW Paints by threatening and coercing such dealers through various means," the fair trade regulator said.

Asian Paints' revenue from operations rose 3% to Rs 5,420.28 crore from Rs 5,263.04 crore.

“As a socially responsible company, Asian Paints is committed to providing necessary support towards various relief measures announced by the government to combat Covid-19” said K.B.S. Anand, Managing Director & CEO, Asian Paints Limited.

Berger said it has decided against any involuntary furloughs or organisational restructuring that may lead to downsizing of headcount and consequent loss of livelihood during the time of widespread uncertainty. It stated that there will be no impact of the crisis on new recruitment offers.

The sanitiser is being manufactured at Asian Paints’ plant in Ankleshwar, Gujarat and the company has obtained all necessary permissions from authorities. Other brands which started making hand sanitisers after the Covid-19 pandemic spread to India include Dabur, Emami, Patanjali, Nivea India, and Raymond Consumer Care, among several others.

On March 23, the company had informed bourses about disruption of operations across the country on account of COVID -19 pandemic.

'Our foray into sanitizers is an effort to help the fight against Covid-19'

The home furnishing chain, which currently has 50 stores in 27 cities, also cited longer replacement cycles as reason for low sale of durable big-sized furniture such as three and five-seater sofa sets.

Currently, over 2,000 people work for Ikea India and the company aims to hire close to 15,000 “co-workers” by 2025.

"To ensure the safety of our customers, we are recalling all TROLIGTVIS travel mugs marked "Made in India". We urge customers to return the product to any of our stores for a full refund. We apologise for any inconvenience this recall may cause," the world's largest furniture retailer said.

“There are no medical issues and this is purely a proactive initiative keeping the safety of our customers in mind,” the Swedish furniture and home products retailer said on its website, urging consumers to stop using the Troligtvis-branded travel mugs immediately.

Ikea is exploring possibilities of building shopping malls and entertainment facilities next to some of its upcoming standalone stores, or developing multi-storey shopping centres with Ikea as an anchor store, depending on land availability, they said. The company will lease out mall space to other brands and retailers.

Home audio is not the only segment that the two firms are targeting. Other products in the range include lights, crockery, furniture, and other knick-knacks like a reflective raincoat and a cajón. Some of the devices like the speakers and smart lighting bulbs can be connected together.

Budget raised custom duties on wooden furniture, tableware etc. Ikea imports about 75% of its products.

Imported furniture items account for only 15-20% of all furniture that are being sold online in India at present, according to industry estimates. The majority, including bigticket wooden items such as beds and sofas are being manufactured within the country.

Pepperfry may see another up to $40 million capital infusion over the next few months, said a senior executive at the online furniture retailer, without disclosing its valuations following the latest fundraising.

"I think we could broaden the product range a bit in our lower price range," Abrahamsson Ring said, adding that new materials, production techniques and distribution methods would help make IKEA "even more affordable".

The Ikea compliance team last week visited Vadodara-based Shaily Engineering, the company that had supplied the mugs, as part of the investigation, a source said. Ikea was prompted to recall the mugs after tests found excessive level of dibutyl phthalate (DBP), a substance that is used as plasticisers.

Most of the layoffs are at its Boston headquarters and its European office in Berlin. The company has about 17,000 employees worldwide.

From the production of raw materials and products through to customers' use and disposal, emissions shrank 4.3% in the fiscal year to the end of August 2019 to 24.9 million tonnes CO2 equivalents, it said.

In the Union Budget 2020 announced on February 1, Finance Minister Nirmala Sitharaman announced to increase customs duty on imported furniture from the present 20 per cent to 25 per cent. The move was aimed to protect the interest of the MSME segment. Ikea opened its first store in the country in Hyderabad in August 2018.

With already three stores in Bengaluru and one in Chennai, the company now plans to open two new stores in Hyderabad with an investment of Rs 5 crore, it said. In the next 12 to 18 months, WoodenStreet further plans to open 4 additional stores in South India, along with a third store in Hyderabad.

The Mumbai-based startup is currently in talks with local furniture players in the country. It is looking to add 8-10 new partners every month and take the count to a total of 150-180 suppliers by the end of 2020.

"We see this as a good opportunity to become accessible for many more in China, especially in light of what the Chinese digital environment looks like," Tolga Oncu, head of retail at Ingka, which owns most IKEA stores worldwide, told Reuters.

Johan Andersson, the store's logistics boss whose team found them, had just read that hospitals were suffering from a shortage of masks amid the coronavirus outbreak so he rang up Sahlgrenska University Hospital - Sweden's biggest - in Gothenburg and asked if they were interested.

According to the company, the online presence will further strengthen the brand’s reach by covering 2,000+ pin codes. Basis the demand and sales, Godrej Interio also plans to introduce selected online-only models to cater to a larger section of customers who love purchasing online.

A majority of IKEA stores are or have been temporarily closed in recent months. A few stores in Germany and Israel, as well as the one in Wuhan, the city in China where the coronavirus was first discovered, reopened this week.

Veteran law enforcement officers Damon K. Jones and Cariol Horne are speaking out against police brutality and calling for reform. They talked with WPSU about the challenges they have faced as minorities in the police force, their thoughts about the Black Lives Matter movement and why change is necessary. Transcript: Cheraine Stanford: Welcome to take note on WPSU. I'm Cheraine Stanford. We're joined today by two activists advocating for law enforcement reform. Cariol Horne was a police officer in Buffalo, New York, for nearly two decades. When she was fired after she says she was assaulted by a fellow officer while attempting to stop him from choking a handcuffed man. Damon K. Jones has worked in the West Chester Department of Corrections for 28 years. He represents the state of New York in the organization, Blacks in Law Enforcement of America. The two came to Penn State as part of a panel called “Black lives inside of blue lives” to discuss the question: What happens when Black

Molly Melching first went to Senegal in 1974 as an exchange student from the University of Illinois. But, instead of returning to the United States, she stayed on, eventually creating a nonprofit organization to educate and empower women and communities. That organization Tostan created and implemented educational programs focused on human rights, health, literacy, financial management and childhood development. It may be best known for leading thousands of communities in Africa to end female genital cutting and forced childhood marriage. WPSU's Anne Danahy talked with Melching about her work. Transcript Anne Danahy: Welcome to take note on WPSU, I'm Anne Danahy. Molly Melching first went to Senegal in 1974 as an exchange student from the University of Illinois. But instead of returning to the United States, she stayed, eventually creating a nonprofit organization to educate and empower women and communities. That organization, Tostan, created and implemented educational programs

Peter Forster is an associate professor who teaches security and risk analysis at Penn State’s College of Information Sciences and Technology. His research focuses on cybersecurity, counter-terrorism and social networks. Forster has worked on improving law enforcement’s situational awareness of issues such as drug and human trafficking. He also oversees a research project on better understanding of how extremist organizations recruit Americans in cyberspace. He talks with WPSU about why cybersecurity shouldn’t be an afterthought in today’s world and how the cyber world and the physical world are inseparable. Plus, how to practice “cyber hygiene.” Transcript: Min Xian: Welcome to Take Note on WPSU. I’m Min Xian. Peter Forster is an associate teaching professor who teaches security and risk analysis at Penn State's College of Information Sciences and Technology. His research focuses on cybersecurity, counterterrorism and social networks. Forster has worked on improving law enforcement’s

Jessie Sage is a sex worker who writes and speaks publicly on issues related to sex work, feminism, and social justice. James Tison is a stand-up comedian in New York who uses humor to fight stigma against his LGBTQ identity and life with HIV. Sage and Tison recently spoke at an event at Penn State called “Facts not Fear: A Night to Fight Stigma,” and talked with WPSU about fighting the sigma their communities face. This Take Note interview talks about sex work and might not be suitable for children to hear.

Shih-In Ma is a social justice advocate who works to promote diversity and inclusion in Centre County. The State College native and Penn State alum, left a corporate career at IBM to begin a journey of spirituality, self-reflection and meditation. Her journey has taken her around the world and included spending four years in India with Amma, who's known as the hugging saint. Shih-In Ma teaches meditation and shares opportunities for others to gain better insight and understanding of those around them. TRANSCRIPT: Cheraine Stanford Welcome to Take Note on WPSU, I'm Cheraine Stanford. Shih-In Ma is a social justice advocate who works to promote diversity and inclusion in Centre County. The State College native and Penn State alum, left a corporate career at IBM to begin a journey of spirituality, self-reflection and meditation. Her journey has taken her around the world and included spending four years in India with Amma, who's known as the hugging saint. Shih-In Ma teaches meditation

Robert Crumb is best known as an underground cartoonist, whose work, including Fritz the Cat and Mr. Natural, remains controversial. But Crumb is also a collector and celebrator of old blues records. Jerry Zolten is a professor of communication arts and sciences and integrative arts at Penn State Altoona. His work includes the book “Great God A’Mighty! The Dixie Hummingbirds: Celebrating the Rise of Soul Gospel Music.” WPSU's Anne Danahy spoke with Crumb and Zolten about their love of old blues music and records.

Brian Wray is an award-winning children’s book author for his book “Unraveling Rose” about a toy bunny rabbit with OCD. His latest book, “Max’s Box,” talks about what happens when negative emotions are suppressed. Both of his picture books focus on children’s mental and emotional health. TRANSCRIPT: Kirsten Tekavec: Welcome to Take Note on WPSU, I'm Kirsten Tekavec. Brian Wray is a children's book author and the 2017 Gold Winner of the Foreword INDIES Book of the Year Award for his book "Unraveling Rose." His latest book, Max's Box," talks about what happens when negative emotions are suppressed. Both of his picture books focus on children's mental and emotional health. He is a Penn State graduate and currently lives in Brooklyn. Brian Wray, thank you for joining us. Brian Wray: Thank you for having me. Tekavec: Before we begin discussing your work, can you tell us a little bit about yourself and how you got into writing children's books? Wray: I have been writing stories for as long

Maxwell King is the best-selling author of "The Good Neighbor: The Life and Work of Fred Rogers." King talks about why he wrote the book and gives insight into the life of Mister Rogers, the unfailingly kind, compassionate namesake neighbor of the beloved "Mister Rogers' Neighborhood." To learn more about Rogers' legacy visit the Fred Rogers Center and Fred Rogers Productions . TRANSCRIPT: Carolyn Donaldson: Welcome to Take Note on WPSU, I'm Carolyn Donaldson. Today, we're joined by Maxwell King, recently retired president of the Pittsburgh Foundation, former president of the Heinz Endowment, and former editor of the Philadelphia Inquirer. But now in today's context, a best selling author. In his book, "The Good Neighbor: The Life and Works of Fred Rogers," King's written a personal and professional biography of Fred Rogers, the unfailingly kind, compassionate namesake neighbor of the beloved Mister Rogers' Neighborhood. Thanks for joining us today, Maxwell. Maxwell King: Good to be

Penn State assistant teaching professor Shaheen Pasha is an advocate for more journalism courses to be taught in prison. She talked with WPSU about a reporting class she taught to both prisoners and journalism students in Massachusetts, the benefits of learning about our mass incarceration system from the people who are living it and her plan to create a program here in central Pennsylvania. TRANSCRIPT: Min Xian: Welcome to Take Note on WPSU. I'm Min Xian. Shaheen Pasha is an assistant teaching professor at Penn State's College of Communications and advocates for more journalism courses to be taught in prison. Previously, she was an assistant professor at the University of Massachusetts Amherst, where she launched a social justice journalism course focused on mass incarceration at the Hampshire County Jail bringing together prisoners and UMass journalism students. Pasha was a 2018 Knight Visiting Nieman Fellow at Harvard. She's also a veteran journalist who has covered legal issues,

A recent study published in the journal Science found the number of birds in North America is plummeting. The bird population dropped by more than a quarter over the past 50 years. Grassland birds, shore birds and songbirds are all affected. WPSU's Anne Danahy spoke with Greg Grove, editor of Pennsylvania Birds, and Doug Wentzel, president of the State College Bird Club, about bird watching and those trends

In 1995, one of the deadliest heat waves in the United States killed 739 people in Chicago. Why was the death count so high? And why were the deaths concentrated in poor, mostly African American neighborhoods? In her new documentary "Cooked: Survival by Zip Code," filmmaker Judith Helfand says it wasn't the heat that killed these people, but generations of institutional racism. We talked with the Peabody Award-winning director about "Cooked," which had its TV premiere on Independent Lens on PBS earlier this month, and about her past documentaries, which include "Blue Vinyl" and "A Healthy Baby Girl." TRANSCRIPT: Emily Reddy: Welcome to Take Note on WPSU. I'm Emily Reddy. In 1995, one of the deadliest heat waves in the United States killed 739 people in Chicago. Why was the death count so high? And why were the deaths concentrated in poor, mostly African American neighborhoods? In her new documentary "Cooked: Survival by Zip Code," filmmaker Judith Helfand says it wasn't the heat that

A new report titled "More Rivers to Cross: A Report on the Status of African American Professors at Penn State University" finds that there's a shortage of black faculty at the university and offers some reasons for why that is. Penn State professor Dr. Gary King, and associate professor Dr. Darryl Thomas prepared the report with the input of other black faculty. Dr. King teaches in the College of Health and Human Development, and Dr. Thomas teaches African American Studies. We talked with them both about this report, which you can read below. "More Rivers to Cross:... by Emily Reddy on Scribd TRANSCRIPT: Emily Reddy: Welcome to Take Note on WPSU, I'm Emily Reddy. A new report titled "More Rivers to Cross: A Report on the Status of African American Professors at Penn State University" finds that there's a shortage of black faculty at the university and offers some reasons for why that is. Penn State professor Dr. Gary King, and associate professor Dr. Darryl Thomas prepared the report

In her book, “Rising: Dispatches from the New American Shore,” Elizabeth Rush takes readers around the country to see rising tides . Rush talks with people around the country who have lost their homes and communities; with scientists who study what’s happening; and with conservationists trying to find ways to restore wetlands. Rush’s book was a finalist for the Pulitzer Prize. WPSU's Anne Danahy spoke with Rush, who will be in State College March 23 to give a talk at 7 p.m. at Schlow Library to celebrate Earth Day.

Among the things Pennsylvania is known for in politics is being home to some of the most gerrymandered legislative districts in the country. Carol Kuniholm is one of the people trying to change that. Kuniholm is chairwoman of Fair Districts Pennsylvania, and she’s leading an effort to permanently change how voting districts in Pennsylvania are drawn. She spoke with WPSU's Anne Danahy about the group's push for change in time for the state's upcoming redistricting.