BOARD OF INDIA GLYCOLS APPROVES TRANSFER OF BIOEO BIZ

HIGHLIGHTS

• Board of India Glycols has approved the transfer of BioEO biz to IGL Green Chemicals.
• Now Clariant as majority partner in IGL Green Chemicals.

The Board of India Glycols approved the execution of the business transfer agre...

GOVERNMENT OF INDIA ALL SET TO DIVEST 15% STAKE IN HAL TO RAISE RS 5,020 CRORE

Highlights

• HAL in its stock exchange filing said the government will sell 33.4 million shares or 10% stake on Thursday and Friday through a public offer

• HAL, a Navaratana company has 20 production divisions along with 11 research and design centres across the nat...

ICICI BANK RAKES RS 3,090 CR BY DIVESTING STAKE IN GENERAL, LIFE INSURANCE BUSINESSES

Highlights

• On Friday, ICICI Bank sold 3.8 percent stake worth Rs 2,250 crore in ICICI Lombard

• In its BSE filing, ICICI Bank said all the divestments are done in order to strengthen the balance sheet

• The stocks of ICICI Bank were trading at Rs 372...