Asian Paints stake

MUMBAI: UK-based Imperial Chemicals Industries Plc is examining the option of picking up Atul Choksey's 9.1 per cent stake in Asian Paints t...

MUMBAI: UK-based Imperial Chemicals Industries Plc is examining the option of picking up Atul Choksey’s 9.1 per cent stake in Asian Paints through ICI India if the FIPB turns down its application to bring in funds for purchasing the shares. ICI India sources indicated that under "no circumstances" will it let go of the stake.

ICI India, which was approached by the late Asian Paints chairman Champaklal Choksey to buy out his 9.1 per cent stake in April last year, had turned to its parent company as it "lacked funds" for financing the purchase.

The RJD’s key face and Leader of the Opposition (LoP) Tejashwi Yadav, party supremo Lalu Yadav’s son, will again contest from his stronghold Raghopur.

Amid Mahagathbandhan crisis, RJD unveils list of 143, drops 36 MLAs, focuses on ‘M-Y’

Political Pulse2 hr ago

The RJD, lead player of the Mahagathbandhan, released its full list of 143 candidates for the November Bihar Assembly elections. Its key face Tejashwi Yadav will contest from Raghopur, and 41 sitting MLAs have been renominated. The party has dropped 36 sitting MLAs and fielded young leaders, signaling a bid to consolidate its core Muslim-Yadav vote base. The Congress has fielded 60 candidates.

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