The Competition Commission of India (CCI) approved a deal of over Rs 7,000 crore on Friday, in which billionaire Kumar Mangalam Birla-promoted UltraTech Cement will buy a majority stake in India ...
In a major reshuffle in India's cement industry, UltraTech Cement, part of the Aditya Birla Group, has officially taken control of The India Cements Limited following a Rs 7,000 crore acquisition.