Birla Corp among top contenders to buy Reliance Infra's cement business
Reliance Infrastructure is in advanced stage of negotiations to sell its cement business in an about Rs 5,000-crore deal and MP Birla Group firm Birla Corporation is one of top three potential buyers. Besides Birla Corp, private equity firms Blackstone and Baring are the other top contenders, people in know of the development said.
Reliance Infrastructure is in advanced stage of negotiations to sell its cement business in an about Rs 5,000-crore deal and MP Birla Group firm Birla Corporation is one of top three potential buyers. Besides Birla Corp, private equity firms Blackstone and Baring are the other top contenders, people in know of the development said.
ADVERTISEMENT
Manufacturing capacity utilisation declines to 68.9% in Q2FY20, lowest since 2008
'$5 trillion economy will enhance ease of living,' says PM Modi
5% GST rate may be hiked to 6% as govt looks to increase revenue
Nirbhaya's parents welcome Hyderabad encounter, say victim's parents won't have to wait for 7 years like them
Vodafone Idea crisis: 'Will shut shop if we don't get relief,' says Kumar Mangalam Birla
Reliance Jio Prime vs Airtel, Vodafone, Idea 4G offers
Reliance Jio plans to bring 5G internet to your smartphones
Maruti Suzuki opens online booking for Baleno RS
India Inc to get 9.5 per cent salary hike this year
Five tips to get a good salary hike this year
New products, health cover help GOQii expand its ecosystem
Facebook, Twitter rival by Wikipedia co-founder already has 2 lakh active users
Hindware Appliances forays into IoT space, launches 'iPro' range of products
Flipkart launches 55-inch Nokia 4K TV; check price, availability, features
Devialet's premium Phantom Reactor speakers available in India; prices start at Rs 1.09 lakh