From where did the founders of Asian Paints derive the name of their company?

Question

NASDAQ originally stood for the National Association of Securities Dealer Automated Quotation system. NASDAQ is the largest electronic equities exchange in the U.S.

Answer 1

Telephone Directory

The company was set up in a garage in Mumbai by four friends Champaklal Choksey, Chimanlal Choksi, Suryakant Dani and Arvind Vakil in February 1942. They named their company 'The Asian Oil & Paint Company' by randomly picking a name from a telephone directory.