ICICI Lombard General Insurance Company IPO

-Opens today

-Will close on September 19

-Price band Rs 651-661/share

-Equity offered 8.6 crore shares

-Post dilution: ICICI’s stake will come down to 55.91 percent from 62.92 percent

-Offer size: Rs 5,615-5,700 crore at lower & upper band, respectively

AutoLite India

-Company starts trail production of electric vehicles

-Has production capacity of 500 electric vehicles per month

Vedanta says

-Odisha Pollution Control Board directs company for temporary closure of 3 units of 1215 MW

-Odisha Pollution Control Board asks company to submit a concrete plan within 5 days

-Odisha Pollution Control Board asks company to close units for breach in ash pond dyke wall

SpiceJet says

-Deposited Rs 250 crore with the registrar general of Delhi High Court on September 14

Alert: Case related to share transfer dispute with the airline's previous owner Kalanithi Maran

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SAIL

-Dealer sales up 18 percent YoY at 91,000 tonne

-Targets to sell 1 m tonne of steel via dealer network this financial year

-Aim to double annual sale of steel via dealer network over next 3 years

Coal India signs MoU with Solar Energy Corporation (SECI)

-Coal India submits green energy commitment letter to MNRE for developing 1000 MW solar power projects