India's Grasim Industries secures $150m from IFC for paints business

India's Grasim Industries secures $150m from IFC for paints business

Photo: David Pisnoy/ Unsplash.com

World Bank Group member International Finance Corporation (IFC) has invested $150 million (Rs 1,250 crore) in Grasim Industries Limited, a flagship company of the Aditya Birla Group, according to an announcement on Thursday.

Edited by: Pramod Mathew