Godrej Industries to raise Rs 400 crore

New Delhi

Godrej Industries Ltd will sell shares in the initial public offering (IPO) of its group firm Godrej Agrovet to raise up to Rs 400 crore. Godrej Industries owns 60.8% in Agrovet, which is in businesses such as agri-inputs, animal feeds, palm oil manufacturing, dairy and poultry. PTI

Tokyo

Toshiba sues Western Digital for $1.1 billion

Toshiba Corp. said on Wednesday it is suing its joint venture partner Western Digital over the US company’s opposition to a plan to sell the Japanese electronics and energy giant’s memory chip unit. Toshiba said it was seeking a permanent injunction and $1.1 billion in damages for what it called interference in the effort to sell Toshiba Memory Corp. AP

New Delhi

Yes Bank, Hike in pact for payment platform

Yes Bank has partnered with Hike to power Unified Payments Interface (UPI)-based payment solutions. This partnership will instantly provide UPI access to over 100 million Hike users and provide a significant fillip to India's digital payments ecosystem. PTI