Birla Corp clinches cement deal with RInfra; to pay Rs 4,800 crore
Reliance Infrastructure (RInfra) Thursday sold its cement business arm to Birla Corporation for Rs 4,800 crore, a deal that will help Anil Ambani-led Group lower its debt burden.
Feb 04, 2016, 21:03 PM ISTRInfra to move aggressively on defence; quit roads, cement biz
Reliance Infrastructure (RInfra) Wednesday reported a tepid 4.62 percent rise in net profit for July-September quarter at Rs 451.1 crore, and said it will focus on the defence sector, while exiting the cement and road businesses by monetising these assets.
Nov 04, 2015, 22:33 PM IST