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India Glycols plunges 9 per cent on forming JV with Clariant for speciality chemical business

Anthony Fernandes / Article rating: 5.0

The shares of commodity chemicals company, India Glycols slipped by 9 per cent on Friday after its board approved the transfer of the company's BioEO (speciality chemicals) business to IGL Green Chemicals Pvt Ltd (IGCPL), a wholly-owned subsidiary.  

ABB Power Products bags orders worth Rs 160 crore to supply transformers for Indian Railways

Anthony Fernandes / Article rating: 5.0

On Wednesday, ABB Power Products & Systems India announced that it has won orders to power electric freight locomotives for the Indian Railways from the Government of India's electric locomotive manufacturer, Chittaranjan Locomotive Works (CLW), and the Central Organisation for Rail Electrification (CORE) for a total consideration of Rs 160 crore. 

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