Wednesday 21 March 2018

No violation in Rs 7,266 cr bid for Binani Cement under IBC, says UltraTech


NEW DELHI: Aditya Birla group firm UltraTech Cement today said that it has not violated the IBC in offering a Rs 7,266 crore bid to acquire debt ridden Binani Cement (BCL), which was already set to be sold to the Dalmia Bharat group by its creditors.

You can read more here: No violation in Rs 7,266 cr bid for Binani Cement under IBC, says UltraTech

No comments:

Post a Comment

Life insurers earn more in Oct selling lesser policies

The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...