Arvind Mills in talks for denim division stake sale
The Rs 1,000-crore Arvind Mills, flagship of the Lalbhai group, has reportedly kicked off talks with two French companies for selling a stake in its denim division at Naroda, Ahmedabad.

State Bank lifts ban on loans to finance firms
The State Bank of India has lifted the internal ban on extending loans to non-banking finance companies.

Bayer to snap ties with Zydus Cadila, set up 100% arm
Bayer Industries, a subsidiary of Bayer AG of Germany, and Ahmedabad-based Zydus Cadila Health Care have decided to part ways in their 51:49 joint venture Bayer Zydus Health Care.

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